Insider Selling: NIKE (NYSE:NKE) EVP Sells $96,192.81 in Stock

13 Sep 2026, 05:54 by Scott Moore · The Cerbat Gem

NIKE, Inc. (NYSE:NKE – Get Free Report) EVP Philip McCartney sold 2,559 shares of the company’s stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $37.59, for a total value of $96,192.81. Following the sale, the executive vice president owned 78,121 shares of the company’s stock, valued at approximately $2,936,568.39. The trade was a 3.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Philip Mccartney also recently made the following trade(s):

On Wednesday, August 5th, Philip McCartney sold 524 shares of NIKE stock. The shares were sold at an average price of $41.60, for a total value of $21,798.40.
On Friday, June 12th, Philip McCartney sold 17,398 shares of NIKE stock. The stock was sold at an average price of $46.18, for a total transaction of $803,439.64.

NIKE Stock Performance

NYSE NKE opened at $36.81 on Friday. The company has a current ratio of 1.96, a quick ratio of 1.36 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $54.62 billion, a price-to-earnings ratio of 17.61, a P/E/G ratio of 1.80 and a beta of 1.10. The firm’s 50 day simple moving average is $41.04 and its 200 day simple moving average is $45.32. NIKE, Inc. has a 1 year low of $36.55 and a 1 year high of $76.97.

NIKE (NYSE:NKE – Get Free Report) last announced its quarterly earnings data on Tuesday, June 30th. The footwear maker reported $0.20 EPS for the quarter, beating the consensus estimate of $0.11 by $0.09. NIKE had a net margin of 6.70% and a return on equity of 16.54%. The business had revenue of $10.97 billion during the quarter, compared to the consensus estimate of $10.85 billion. During the same period in the previous year, the business earned $0.14 earnings per share. The company’s revenue was down 1.1% on a year-over-year basis. As a group, research analysts expect that NIKE, Inc. will post 1.74 earnings per share for the current fiscal year.

NIKE Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 1st will be paid a $0.41 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $1.64 annualized dividend and a dividend yield of 4.5%. NIKE’s dividend payout ratio (DPR) is presently 78.47%.

Institutional Investors Weigh In On NIKE

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Scarborough Advisors LLC bought a new position in NIKE in the first quarter valued at about $25,000. Cornerstone Financial Management LLC acquired a new position in shares of NIKE in the fourth quarter valued at approximately $26,000. Sankala Group LLC acquired a new position in shares of NIKE in the fourth quarter valued at approximately $26,000. Meeder Asset Management Inc. raised its holdings in NIKE by 108.4% in the 1st quarter. Meeder Asset Management Inc. now owns 548 shares of the footwear maker’s stock valued at $29,000 after buying an additional 285 shares during the last quarter. Finally, J.Safra Asset Management Corp acquired a new stake in NIKE during the 4th quarter worth approximately $29,000. Institutional investors own 64.25% of the company’s stock.

NIKE News Summary

Here are the key news stories impacting NIKE this week:

Positive Sentiment: Some analysts argue that NIKE’s core business remains viable despite weak sentiment. The depressed valuation and approximately 4.5% dividend yield could attract long-term investors if management can successfully restore growth. Nike Is Now Down 40% This Year
Neutral Sentiment: NIKE shareholders approved an expanded employee stock purchase plan. The measure may help employee retention, although potential additional share issuance could dilute existing shareholders. Nike Shareholders Approve Expanded Employee Stock Purchase Plan
Neutral Sentiment: NIKE’s latest quarterly results exceeded earnings and revenue expectations, but sales still declined year over year. Analysts currently expect about $1.74 in earnings per share for the full year, leaving the valuation dependent on a meaningful operational recovery.
Negative Sentiment: Morgan Stanley warned that the selloff may continue, citing persistent operating weakness and disappointing performance. NIKE’s imminent removal from the S&P 100 may also reduce index-related demand and reinforce negative sentiment. Morgan Stanley Says the Pain May Not Be Over Yet
Negative Sentiment: BMO Capital Markets issued a strongly bearish “Underperform”/“Strong Sell” view, adding to a series of negative Wall Street calls. Analysts continue to cite intense competition, shifting consumer preferences and broad product-market challenges. Nike Gains Another Bearish Call
Negative Sentiment: Two senior executives sold shares worth approximately $234,000 combined under pre-arranged Rule 10b5-1 plans. The sales were relatively small and scheduled in advance, but they add to near-term caution among investors. NIKE Insider Selling

Wall Street Analysts Forecast Growth

NKE has been the subject of several recent analyst reports. Sanford C. Bernstein restated an “outperform” rating and set a $68.00 price objective (down from $72.00) on shares of NIKE in a research report on Wednesday, July 29th. Citigroup reissued a “neutral” rating on shares of NIKE in a research note on Wednesday, July 22nd. Morgan Stanley set a $31.00 target price on shares of NIKE and gave the stock an “underweight” rating in a report on Thursday. Royal Bank Of Canada restated a “sector perform” rating and issued a $45.00 price target on shares of NIKE in a research note on Tuesday, August 25th. Finally, Wells Fargo & Company decreased their price target on shares of NIKE from $45.00 to $40.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 1st. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have issued a Hold rating and six have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $50.12.

View Our Latest Stock Analysis on NKE

About NIKE

(Get Free Report)

NIKE, Inc is a global athletic footwear, apparel and equipment company headquartered near Beaverton, Oregon. The company designs, develops and markets products under the NIKE, Jordan and Converse brands, serving athletes and consumers across a broad range of sports and lifestyle categories.

NIKE’s offerings include athletic and casual footwear, sportswear, apparel, accessories and athletic equipment. The company distributes its products through company-owned retail stores, digital platforms, wholesale partners and independent distributors.