Company Insider Purchase: President and CEO of Nike Buys 16,388 Shares

Elliott Hill, the President and CEO of a major company known as NKE, recently made a notable move by acquiring 16,388 shares of the company on a specific date, resulting in an estimated transaction amount of $1,001,306. This significant purchase was disclosed by Quiver Quantitative, utilizing information from a recently filed document with the SEC. Following this transaction, Hill is now the proud owner of 241,587 shares of this class of NKE’s stock, marking an increase of approximately 7.3% in their stock holdings.

In the realm of insider trading activity related to NKE, there have been a total of 12 open market trades conducted by insiders over the past half-year. Among these transactions, 4 were purchases, while 8 were sales of NKE’s stock. Analyzing the insider trading activity sheds light on the movements made by key figures within the company. For example, Mark G Parker, the Executive Chairman of NKE, has not engaged in any purchase transactions but has executed 3 sales, selling a total of 282,156 shares for an estimated value of $20,065,656. On the other hand, Timothy D Cook acquired 50,000 shares, translating to a sum of $2,948,500 in investment. Jorgen Vig Knudstorp also made a purchase of 16,150 shares, valued at approximately $1,002,753. Apart from Hill’s recent acquisition, Robert Holmes Swan, another senior executive, purchased 8,691 shares for around $500,080. Among the list of insider activities, Treasure Heinle, the EVP and Chief People Officer, sold 4,300 shares for an estimated value of $306,461. Additionally, Robert Leinwand, the EVP and Chief Legal Officer, has participated in 3 sales of 3,360 shares for a sum of $251,577. Philip McCartney, the EVP and Chief Innovation, Product, and Design Officer, also executed a sale of 3,162 shares, amounting to $244,138.

When examining the involvement of hedge funds with NKE, 919 institutional investors opted to add shares of NKE stock to their portfolios, while 947 decreased their positions in the last quarter. Noteworthy movements included Wellington Management Group LLP removing 11,970,759 shares (-37.1%) from their investment pool, roughly estimated at $834,721,025. On the other hand, UBS AM, a distinct business unit of UBS Asset Management Americas LLC, made an addition of 4,855,290 shares (+48.0%) in their holdings, translating to an estimated value of $338,559,371. Furthermore, Jennison Associates LLC added 3,518,666 shares (+42.3%) to their portfolio, valued at approximately $245,356,580.

In terms of revenue, NKE’s financials reflected revenues totaling $12.4B in Q2 2026, indicating a growth rate of 0.59% compared to the same period in the previous year. Financial enthusiasts can delve into more detailed financial information about NKE on Quiver Quantitative’s designated NKE stock page.

Moreover, members of Congress have been involved in trading NKE’s stock, with 1 trade occurring within the last half-year. This trade comprised a sale, with Representative Val T. Hoyle selling up to $15,000 on a specific date. Those interested in tracking congressional stock trading activities can refer to Quiver Quantitative’s congressional trading dashboard.

As for analyst ratings, 11 firms have issued buy ratings for NKE in recent months, with no sell ratings reported. Wall Street analysts from various firms have evaluated NKE differently, attributing different ratings to the stock. Some have issued recommendations such as “Buy” or “Overweight” for NKE, indicating positive sentiments toward the company’s performance.

Finally, multiple analysts have presented price targets for NKE in the past few months, with a median target set at $72.5. Various analysts, including Adrienne Yih from Barclays, Lorraine Hutchinson from B of A Securities, and Anna Andreeva from Piper Sandler, have provided price targets for NKE, each offering their unique perspective on the stock’s trajectory.

In conclusion, the recent activities related to NKE’s stock, including insider trading, hedge fund involvement, financial performance, congressional stock trading, analyst ratings, and price targets, offer valuable insights into the company’s operational landscape and stakeholder sentiments. It is crucial for investors and financial enthusiasts to stay informed about these dynamics to make well-informed decisions in the ever-evolving stock market landscape.