XML Monetary LLC purchased a brand new place in shares of NIKE, Inc. (NYSE:NKE – Free Report) within the third quarter, in line with the corporate in its most up-to-date Type 13F submitting with the Securities & Trade Fee. The agency purchased 2,682 shares of the footwear maker’s inventory, valued at roughly $237,000.
A number of different hedge funds have additionally lately made modifications to their positions within the enterprise. Transcendent Capital Group LLC lifted its holdings in shares of NIKE by 97.6% within the first quarter. Transcendent Capital Group LLC now owns 405 shares of the footwear maker’s inventory valued at $38,000 after buying a further 200 shares within the final quarter. VitalStone Monetary LLC lifted its stake in NIKE by 52.6% through the third quarter. VitalStone Monetary LLC now owns 435 shares of the footwear maker’s inventory valued at $38,000 after buying a further 150 shares within the final quarter. Bruce G. Allen Investments LLC boosted its holdings in NIKE by 272.5% through the 2nd quarter. Bruce G. Allen Investments LLC now owns 514 shares of the footwear maker’s inventory value $39,000 after buying a further 376 shares over the last quarter. Triad Wealth Companions LLC purchased a brand new stake in shares of NIKE within the 2nd quarter value $44,000. Lastly, Riverview Belief Co bought a brand new stake in NIKE within the third quarter valued at about $52,000. 64.25% of the inventory is owned by institutional traders.
Insiders Place Their Bets
In associated information, Chairman Mark G. Parker bought 52,487 shares of the agency’s inventory in a transaction that occurred on Wednesday, August 14th. The shares have been bought at a median worth of $78.00, for a complete worth of $4,093,986.00. Following the sale, the chairman now owns 1,031,226 shares within the firm, valued at roughly $80,435,628. This commerce represents a 0.00 % lower of their possession of the inventory. The sale was disclosed in a doc filed with the SEC, which will be accessed by means of the SEC web site. 1.10% of the inventory is owned by insiders.
NIKE Inventory Efficiency
Shares of NKE inventory opened at $76.60 on Tuesday. NIKE, Inc. has a 12 month low of $70.75 and a 12 month excessive of $123.39. The inventory has a market cap of $114.85 billion, a PE ratio of 21.95, a price-to-earnings-growth ratio of 1.84 and a beta of 1.03. The corporate’s fifty day transferring common worth is $81.39 and its 200-day transferring common worth is $83.73. The corporate has a present ratio of two.36, a fast ratio of 1.58 and a debt-to-equity ratio of 0.57.
NIKE (NYSE:NKE – Get Free Report) final introduced its quarterly earnings knowledge on Tuesday, October 1st. The footwear maker reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.18. The enterprise had income of $11.59 billion through the quarter, in comparison with analysts’ expectations of $11.64 billion. NIKE had a return on fairness of 39.84% and a internet margin of 10.60%. The agency’s quarterly income was down 10.4% in comparison with the identical quarter final 12 months. Throughout the identical quarter within the earlier 12 months, the enterprise earned $0.94 earnings per share. On common, equities analysts anticipate that NIKE, Inc. will put up 2.74 EPS for the present fiscal 12 months.
Analyst Upgrades and Downgrades
A number of analysts have issued reviews on NKE shares. TD Cowen boosted their goal worth on NIKE from $71.00 to $78.00 and gave the corporate a “maintain” score in a analysis observe on Wednesday, October 2nd. Morgan Stanley raised their worth goal on shares of NIKE from $79.00 to $82.00 and gave the corporate an “equal weight” score in a analysis report on Wednesday, September twenty fifth. Jefferies Monetary Group upped their worth goal on shares of NIKE from $80.00 to $85.00 and gave the inventory a “maintain” score in a report on Monday, September thirtieth. Truist Monetary raised shares of NIKE from a “maintain” score to a “purchase” score and elevated their worth goal for the inventory from $83.00 to $97.00 in a report on Thursday, October tenth. Lastly, Barclays dropped their goal worth on NIKE from $84.00 to $81.00 and set an “equal weight” score for the corporate in a analysis report on Wednesday, October 2nd. Fourteen funding analysts have rated the inventory with a maintain score and sixteen have given a purchase score to the corporate. In keeping with MarketBeat, the corporate at the moment has a median score of “Average Purchase” and a median worth goal of $96.48.
Learn Our Newest Inventory Evaluation on NKE
NIKE Firm Profile
NIKE, Inc, along with its subsidiaries, designs, develops, markets, and sells athletic footwear, attire, gear, equipment, and companies worldwide. The corporate gives athletic and informal footwear, attire, and equipment beneath the Jumpman trademark; and informal sneakers, attire, and equipment beneath the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell logos.
Additional Studying
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