NIKE (NYSE:NKE) Shares Unloaded Rep. Gilbert Ray Cisneros, Jr.

Posted by Stephan Jacobs on May 12th, 2026

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of NIKE, Inc. (NYSE:NKE). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in NIKE stock on April 14th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

NIKE Price Performance

NKE stock traded down $0.04 during trading on Tuesday, hitting $42.36. The stock had a trading volume of 21,234,050 shares, compared to its average volume of 19,400,225. The company’s 50 day moving average price is $49.35 and its two-hundred day moving average price is $58.79. NIKE, Inc. has a 1-year low of $42.06 and a 1-year high of $80.17. The stock has a market cap of $62.72 billion, a price-to-earnings ratio of 28.05, a price-to-earnings-growth ratio of 2.34 and a beta of 1.12. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.45 and a current ratio of 2.14.

NIKE (NYSE:NKE – Get Free Report) last announced its earnings results on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.06. NIKE had a net margin of 4.84% and a return on equity of 16.41%. The firm had revenue of $11.28 billion during the quarter, compared to the consensus estimate of $11.23 billion. During the same quarter in the previous year, the company posted $0.54 EPS. The firm’s revenue for the quarter was up .1% on a year-over-year basis. On average, sell-side analysts forecast that NIKE, Inc. will post 1.51 EPS for the current fiscal year.

NIKE Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 1st will be paid a $0.41 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $1.64 annualized dividend and a yield of 3.9%. NIKE’s payout ratio is presently 108.61%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. HSBC downgraded shares of NIKE from a “buy” rating to a “hold” rating and cut their target price for the company from $90.00 to $48.00 in a research note on Monday, April 13th. Citigroup lowered their price target on NIKE from $65.00 to $53.00 and set a “neutral” rating for the company in a report on Wednesday, April 1st. Sanford C. Bernstein restated a “buy” rating on shares of NIKE in a report on Monday. BTIG Research lowered their price target on NIKE from $90.00 to $75.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. Finally, Evercore lowered their price target on NIKE from $69.00 to $57.00 and set an “outperform” rating for the company in a report on Wednesday, April 1st. Sixteen investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $62.04.

Read Our Latest Stock Report on NKE

Institutional Trading of NIKE

Institutional investors have recently modified their holdings of the company. Cornerstone Financial Management LLC purchased a new stake in shares of NIKE during the 4th quarter worth about $26,000. Sankala Group LLC purchased a new stake in shares of NIKE during the 4th quarter worth about $26,000. J.Safra Asset Management Corp purchased a new stake in shares of NIKE during the 4th quarter worth about $29,000. Kemnay Advisory Services Inc. purchased a new stake in shares of NIKE during the 4th quarter worth about $30,000. Finally, Guerra Advisors Inc purchased a new stake in shares of NIKE during the 3rd quarter worth about $34,000. Hedge funds and other institutional investors own 64.25% of the company’s stock.

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

Positive Sentiment: Sanford C. Bernstein reaffirmed a Buy rating on NIKE, which signals at least one analyst still sees upside despite the selloff.
Positive Sentiment: Recent coverage around NIKE’s retail reset highlights a push toward more full-price selling and less discounting, which could help margins if the strategy gains traction.
Neutral Sentiment: Investor commentary focused on valuation after NIKE’s sharp year-to-date decline, suggesting the stock may be becoming cheaper, but also reflecting fading growth confidence. Nike (NKE) Valuation Check After Steep Share Price Slide And Mixed Market Signals
Neutral Sentiment: CEO Elliott Hill said NIKE’s turnaround will take more time, reinforcing the view that a full recovery is not immediate and keeping expectations restrained. Why Nike CEO said the company’s turnaround needs more time
Neutral Sentiment: On Holding posted strong results and raised guidance, while also saying Nike is fighting back aggressively—this underscores rising competition in footwear and sportswear, but it is not a direct NIKE-specific catalyst. On Holding beats first-quarter expectations, sees double-digit growth in China as Nike lags
Negative Sentiment: NIKE’s shares have fallen sharply over the past year and in recent months, reflecting ongoing concern about growth, margins, and the pace of recovery.
Negative Sentiment: A proposed customer lawsuit seeking tariff-related refunds adds legal and reputational risk, which could pressure sentiment if it gains traction. Nike Customers Sue to Recover Tariff-Related Refunds

Insider Transactions at NIKE

In other news, Director Timothy D. Cook bought 25,000 shares of the firm’s stock in a transaction dated Friday, April 10th. The stock was acquired at an average price of $42.43 per share, for a total transaction of $1,060,750.00. Following the acquisition, the director owned 130,480 shares of the company’s stock, valued at $5,536,266.40. This trade represents a 23.70% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Elliott Hill bought 23,660 shares of the firm’s stock in a transaction dated Monday, April 13th. The shares were purchased at an average price of $42.27 per share, with a total value of $1,000,108.20. Following the acquisition, the chief executive officer directly owned 265,247 shares in the company, valued at approximately $11,211,990.69. This trade represents a 9.79% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 64,441 shares of company stock worth $2,734,204 over the last 90 days. Company insiders own 0.80% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About NIKE

(Get Free Report)

Nike, Inc (NYSE: NKE) is a global designer, marketer and distributor of athletic footwear, apparel, equipment and accessories. Founded in 1964 as Blue Ribbon Sports by Phil Knight and Bill Bowerman and renamed Nike in 1971, the company is headquartered near Beaverton, Oregon. Nike develops and commercializes products across performance and lifestyle categories for sports including running, basketball, soccer and training, and is known for signature technologies and design-driven product lines.

The company markets products under several primary brands, including Nike, Jordan and Converse, and sells through a combination of wholesale relationships, branded retail stores and direct-to-consumer channels such as company-operated stores and digital platforms (e.g., Nike.com and mobile apps).