NIKE, Inc. $NKE Stock Position Reduced by Wedbush Securities Inc.

Wedbush Securities Inc. trimmed its holdings in shares of NIKE, Inc. (NYSE:NKE) by 39.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 69,116 shares of the footwear maker’s stock after selling 44,521 shares during the period. Wedbush Securities Inc.’s holdings in NIKE were worth $2,447,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Scarborough Advisors LLC acquired a new stake in shares of NIKE in the first quarter worth $25,000. Meeder Asset Management Inc. raised its holdings in shares of NIKE by 108.4% during the first quarter. Meeder Asset Management Inc. now owns 548 shares of the footwear maker’s stock worth $29,000 after purchasing an additional 285 shares during the last quarter. Atlas Wealth LLC acquired a new position in NIKE during the first quarter valued at $31,000. Main Street Group LTD acquired a new position in NIKE during the first quarter valued at $36,000. Finally, Reyes Financial Architecture Inc. acquired a new position in NIKE during the third quarter valued at $26,000. 64.25% of the stock is owned by hedge funds and other institutional investors.

NIKE Stock Down 2.6%

NIKE stock opened at $37.31 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.07 and a quick ratio of 1.39. The stock has a market capitalization of $55.42 billion, a PE ratio of 17.94, a price-to-earnings-growth ratio of 4.37 and a beta of 1.09. The business has a 50 day simple moving average of $37.12 and a 200-day simple moving average of $41.28. NIKE, Inc. has a 12 month low of $31.97 and a 12 month high of $70.44.

NIKE (NYSE:NKE) last announced its earnings results on Thursday, October 1st. The footwear maker reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.05. NIKE had a return on equity of 15.94% and a net margin of 6.74%. The firm had revenue of $11.21 billion for the quarter, compared to analyst estimates of $11.32 billion. During the same quarter last year, the firm posted $0.49 EPS. The business’s revenue was down 4.3% on a year-over-year basis. NIKE has set its FY 2027 guidance at 1.150-1.350 EPS. On average, analysts anticipate that NIKE, Inc. will post 1.22 EPS for the current fiscal year.

NIKE Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Tuesday, September 1st were given a dividend of $0.41 per share. The ex-dividend date was Tuesday, September 1st. This represents a $1.64 dividend on an annualized basis and a yield of 4.4%. NIKE’s dividend payout ratio is currently 78.85%.

Insider Activity at NIKE

In other news, COO Venkatesh Alagirisamy sold 3,671 shares of NIKE stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $37.59, for a total value of $137,992.89. Following the sale, the chief operating officer owned 104,862 shares in the company, valued at $3,941,762.58. This trade represents a 3.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Matthew Friend sold 2,463 shares of NIKE stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $41.60, for a total transaction of $102,460.80. Following the completion of the sale, the chief financial officer owned 82,165 shares in the company, valued at approximately $3,418,064. This trade represents a 2.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 14,974 shares of company stock valued at $600,126. Insiders own 1.10% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on NKE. Barclays reaffirmed an “overweight” rating and issued a $45.00 price target (up from $37.00) on shares of NIKE in a report on Thursday. DZ Bank lowered NIKE from a “strong-buy” rating to a “strong sell” rating in a research note on Friday, October 2nd. Wolfe Research initiated coverage on NIKE in a report on Wednesday. They issued an “underperform” rating and a $28.00 price objective for the company. Rothschild & Co Redburn decreased their price objective on NIKE from $45.00 to $37.00 and set a “sell” rating for the company in a report on Friday, July 17th. Finally, Citigroup lowered their target price on NIKE from $39.00 to $32.00 and set a “neutral” rating on the stock in a research note on Friday, October 2nd. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twenty-one have given a Hold rating and eleven have issued a Sell rating to the stock. Based on data from MarketBeat, NIKE presently has a consensus rating of “Reduce” and a consensus target price of $40.93.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Guggenheim and BTIG Research reaffirmed Buy ratings and $50 price targets, implying substantial upside from current levels. Barclays also raised its target to $45 and said the shares may be near a bottom. Guggenheim rating Barclays raises Nike price target
• Positive Sentiment: Investors continue to look for evidence that Nike’s brand reset is gaining traction. Recent quarterly earnings exceeded EPS expectations, while rebuilding wholesale relationships and managing inventory could support a longer-term recovery. Nike turnaround article
• Positive Sentiment: Nike plans to bring back a popular retro lifestyle shoe next year, a move that could provide incremental support for consumer interest and its lifestyle business. Nike retro shoe return
• Neutral Sentiment: Nike will hold an Investor Day on November 16–17, with key presentations webcast on November 17. Investors may look for updated targets and details on the turnaround strategy. Nike 2026 Investor Day webcast
• Negative Sentiment: Wolfe Research initiated coverage with an Underperform rating and a $28 price target, citing roughly 25% potential downside. The sharply lower target adds to investor concerns about the pace of earnings recovery.
• Negative Sentiment: A sector-wide retail selloff pushed athletic-apparel stocks lower, with Nike declining alongside Lululemon and Under Armour. This indicates broader concerns about discretionary consumer demand, not solely company-specific weakness. Athletic apparel stock selloff
• Negative Sentiment: Analysts remain concerned about slowing digital sales, weaker direct-to-consumer performance in Greater China, ongoing sales declines and continued competitive pressure in China. UBS maintained a Neutral rating, underscoring uncertainty over the recovery timeline. Nike digital sales slowdown

About NIKE

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

NIKE’s product portfolio includes athletic and casual footwear, performance and lifestyle apparel, sports equipment, accessories and digital fitness-related offerings. The company distributes its products through company-owned retail stores, digital platforms and wholesale partners, while also operating direct-to-consumer and membership programs.

The company traces its origins to 1964, when Phil Knight and Bill Bowerman founded Blue Ribbon Sports.