Rep. Kevin Hern Unloads NIKE, Inc. (NYSE:NKE) Stock

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of NIKE, Inc. (NYSE:NKE). In a filing disclosed on September 01st, the Representative disclosed that they had sold between $1,001 and $15,000 in NIKE stock on August 13th. The trade occurred in the Representative’s “KEVIN HERN TRADITIONAL IRA” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 8/24/2026.
• Sold $15,001 – $50,000 in shares of Medtronic (NYSE:MDT) on 8/24/2026.
• Sold $50,001 – $100,000 in shares of Home Depot (NYSE:HD) on 8/24/2026.
• Sold $50,001 – $100,000 in shares of Procter & Gamble (NYSE:PG) on 8/24/2026.
• Sold $1,001 – $15,000 in shares of Lowe’s Companies (NYSE:LOW) on 8/24/2026.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 8/21/2026.
• Sold $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 8/21/2026.
• Sold $15,001 – $50,000 in shares of Honeywell Aerospace (NASDAQ:HONA) on 8/19/2026.
• Sold $1,001 – $15,000 in shares of Colgate-Palmolive (NYSE:CL) on 8/19/2026.
• Sold $1,001 – $15,000 in shares of Biogen (NASDAQ:BIIB) on 8/18/2026.

NIKE Stock Up 0.2%

NKE opened at $38.21 on Thursday. The stock’s 50 day moving average price is $41.67 and its 200 day moving average price is $46.51. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.96 and a quick ratio of 1.36. The stock has a market cap of $56.68 billion, a P/E ratio of 18.28, a P/E/G ratio of 1.87 and a beta of 1.10. NIKE, Inc. has a 12 month low of $37.97 and a 12 month high of $76.97.

NIKE (NYSE:NKE) last posted its quarterly earnings data on Tuesday, June 30th. The footwear maker reported $0.20 earnings per share 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 company had revenue of $10.97 billion during the quarter, compared to analyst estimates of $10.85 billion. During the same quarter last year, the firm posted $0.14 EPS. The business’s revenue for the quarter was down 1.1% on a year-over-year basis. As a group, research analysts predict that NIKE, Inc. will post 1.74 earnings per share for the current year.

NIKE Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 1st will be issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Tuesday, September 1st. NIKE’s dividend payout ratio (DPR) is 78.47%.

NIKE News Summary

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: NIKE’s depressed valuation could attract patient investors if management can stabilize the business. Recent analysis points to early margin improvement, supported by lower excess inventory, reduced discounting, new footwear launches and supply-chain initiatives. Nike Stock Is Down 78% From Its All-Time High
• Positive Sentiment: Some analysts view the 2026 slump as a potential turnaround opportunity, arguing that a recovery in product demand, brand momentum and profitability could create significant upside from current levels. Nike Presents a Turnaround Bet
• Neutral Sentiment: Inventory reduction is producing near-term pain through markdowns and weaker margins, but the cleanup is intended to remove excess products and improve the quality of future sales. The investment case therefore depends on whether new products can replace discounted inventory. NIKE’s Inventory Cleanup
• Negative Sentiment: J.P. Morgan reaffirmed its “Sell” rating, indicating that the bank believes Nike’s turnaround risks remain substantial and that the current share price does not provide enough margin of safety. J.P. Morgan Remains a Sell on Nike
• Negative Sentiment: Bearish commentary highlights four fundamental concerns and argues that the stock may not have reached a durable bottom, adding to investor caution despite the steep decline. Four Reasons Nike Hasn’t Bottomed Yet
• Negative Sentiment: Another assessment describes the turnaround as difficult and contends that the valuation still offers limited downside protection if revenue, brand demand or margins remain weak. Nike: A Difficult Turnaround

Analysts Set New Price Targets

Several brokerages have recently commented on NKE. Weiss Ratings upgraded shares of NIKE from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, July 17th. Zacks Research upgraded shares of NIKE from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 19th. Truist Financial set a $42.00 price objective on shares of NIKE and gave the stock a “hold” rating in a research report on Wednesday, August 26th. CICC Research reduced their price target on NIKE from $58.00 to $44.80 and set a “neutral” rating on the stock in a research report on Thursday, July 2nd. Finally, Oppenheimer decreased their price objective on NIKE from $120.00 to $60.00 and set an “outperform” rating for the company in a research report on Friday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, NIKE has a consensus rating of “Hold” and a consensus target price of $52.94.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in NKE. Cornerstone Financial Management LLC bought a new position in shares of NIKE in the 4th quarter worth $26,000. Sankala Group LLC purchased a new position in NIKE in the 4th quarter worth approximately $26,000. J.Safra Asset Management Corp bought a new position in shares of NIKE during the 4th quarter valued at $29,000. Kemnay Advisory Services Inc. bought a new stake in NIKE in the fourth quarter valued at approximately $30,000. Finally, Scarborough Advisors LLC purchased a new position in NIKE during the 1st quarter valued at about $25,000. Institutional investors own 64.25% of the company’s stock.

Insider Transactions at NIKE

In other NIKE news, COO Venkatesh Alagirisamy sold 890 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $41.60, for a total transaction of $37,024.00. Following the completion of the transaction, the chief operating officer owned 74,820 shares of the company’s stock, valued at approximately $3,112,512. This trade represents a 1.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Amy Montagne sold 4,867 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $42.05, for a total value of $204,657.35. Following the completion of the transaction, the insider directly owned 57,436 shares in the company, valued at $2,415,183.80. This trade represents a 7.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 26,142 shares of company stock valued at $1,169,380 in the last three months. Company insiders own 1.10% of the company’s stock.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About NIKE

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).