NIKE, Inc. $NKE Shares Sold by Pinnacle Financial Partners Inc

Posted by Anthony Miller on Jan 19th, 2026

Pinnacle Financial Partners Inc reduced its stake in shares of NIKE, Inc. (NYSE:NKE – Free Report) by 95.8% in the 3rd quarter, Holdings Channel reports. The fund owned 10,463 shares of the footwear maker’s stock after selling 239,967 shares during the period. Pinnacle Financial Partners Inc’s holdings in NIKE were worth $730,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of NKE. Brighton Jones LLC lifted its stake in shares of NIKE by 388.5% in the 4th quarter. Brighton Jones LLC now owns 202,411 shares of the footwear maker’s stock valued at $15,316,000 after purchasing an additional 160,980 shares during the period. Caxton Associates LLP acquired a new stake in NIKE during the first quarter valued at $311,000. Focus Financial Network Inc. purchased a new position in NIKE in the second quarter valued at $416,000. Exchange Traded Concepts LLC raised its position in shares of NIKE by 7.7% in the second quarter. Exchange Traded Concepts LLC now owns 28,702 shares of the footwear maker’s stock worth $2,039,000 after acquiring an additional 2,040 shares during the period. Finally, SeaCrest Wealth Management LLC purchased a new stake in shares of NIKE during the 2nd quarter worth about $204,000. 64.25% of the stock is owned by institutional investors and hedge funds.

NIKE Stock Performance

Shares of NYSE:NKE opened at $64.39 on Monday. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.06 and a quick ratio of 1.40. NIKE, Inc. has a 1 year low of $52.28 and a 1 year high of $82.44. The firm has a market capitalization of $95.32 billion, a PE ratio of 37.88, a P/E/G ratio of 3.32 and a beta of 1.28. The business’s 50 day moving average price is $63.80 and its 200-day moving average price is $69.36.

NIKE (NYSE:NKE – Get Free Report) last announced its quarterly earnings data on Thursday, December 18th. The footwear maker reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.16. NIKE had a return on equity of 18.43% and a net margin of 5.43%.The company had revenue of $12.43 billion for the quarter, compared to analyst estimates of $12.19 billion. During the same quarter last year, the firm posted $0.78 EPS. The firm’s revenue for the quarter was up .6% on a year-over-year basis. As a group, equities research analysts expect that NIKE, Inc. will post 2.05 earnings per share for the current fiscal year.

NIKE Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 1st were given a dividend of $0.41 per share. The ex-dividend date was Monday, December 1st. This is a boost from NIKE’s previous quarterly dividend of $0.40. This represents a $1.64 dividend on an annualized basis and a yield of 2.5%. NIKE’s dividend payout ratio (DPR) is presently 96.47%.

More NIKE News

Here are the key news stories impacting NIKE this week:

Positive Sentiment: Wells Fargo reaffirmed its Buy rating on Nike, supporting upside sentiment among growth-focused investors. Wells Fargo Reaffirms Their Buy Rating on Nike (NKE)
Positive Sentiment: Loop Industries named Nike as an anchor customer for its projects, a vote of confidence that could support sustainability-related supply‑chain initiatives (positive for brand/ESG positioning). Loop Industries Advances India and Europe Projects, Names Nike Anchor Customer and Appoints New CFO
Neutral Sentiment: Barclays reiterated a Neutral rating, signaling caution from some institutional analysts even as opinions vary across the street. Nike Inc. gets a Neutral rating from Barclays
Neutral Sentiment: Zacks highlighted investor attention on Nike, summarizing drivers to watch (analyst revisions, macro/consumer trends), which can increase short‑term trading activity. NIKE, Inc. (NKE) is Attracting Investor Attention: Here is What You Should Know
Neutral Sentiment: Media pieces are debating whether Nike is reasonably priced or still expensive, keeping valuation conversations active among investors. Nike stock: Reasonably priced or still too expensive?
Negative Sentiment: Follow-up coverage from The Motley Fool flags weak revenue growth, tariffs and promotional activity in China that are pressuring margins and near‑term results — a reminder of execution risk even as Nike pursues a turnaround. Is Nike a Buy-and-Hold-Forever Stock for Consumer Goods Investors?

Wall Street Analyst Weigh In

NKE has been the subject of several recent analyst reports. Stifel Nicolaus set a $65.00 price target on NIKE and gave the company a “hold” rating in a research note on Friday, December 19th. Wells Fargo & Company set a $65.00 price target on NIKE and gave the stock an “overweight” rating in a research report on Friday, December 19th. Williams Trading cut their price objective on NIKE from $100.00 to $80.00 and set a “buy” rating for the company in a research report on Friday, December 19th. Daiwa Capital Markets reduced their target price on NIKE from $75.00 to $61.00 in a research note on Tuesday, December 23rd. Finally, Morgan Stanley set a $72.00 target price on NIKE and gave the company a “positive” rating in a research report on Wednesday, October 1st. Two analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $75.13.

Read Our Latest Stock Report on NKE

Insider Activity

In related news, Director Robert Holmes Swan bought 8,691 shares of the stock in a transaction dated Monday, December 22nd. The shares were acquired at an average cost of $57.54 per share, for a total transaction of $500,080.14. Following the acquisition, the director directly owned 43,293 shares in the company, valued at approximately $2,491,079.22. This trade represents a 25.12% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Mark G. Parker sold 86,078 shares of the company’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $64.80, for a total value of $5,577,854.40. Following the completion of the sale, the chairman owned 647,615 shares of the company’s stock, valued at $41,965,452. This trade represents a 11.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders acquired a total of 91,229 shares of company stock valued at $5,452,640 in the last ninety days. 0.80% of the stock is currently owned by corporate insiders.

NIKE Profile

(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).