NIKE, Inc. (NKE) Hits Record High at $80.18 on Jun, 29

June 29, 2018 - By Gwen Gough

NIKE, Inc. (NYSE:NKE) Corporate Logo

Big Money Sentiment decreased to 0.65 in Q1 2018. It has change of 0.09, from 2017Q4’s 0.74. The ratio dropped due to NIKE, Inc. positioning: 64 sold and 515 reduced. 100 funds acquired positions and 277 increased positions. Investors holded 1.01 billion in 2017Q4 but now own 997.42 million shares or 1.70% less.
Northstar Inv Advsrs Ltd holds 0.29% in NIKE, Inc. (NYSE:NKE) or 20,929 shs. First Personal Fincl Ser owns 3,704 shs for 0.05% of their capital. Gamble Jones Counsel reported 0.26% stake. Advantus Capital Mgmt Incorporated stated it has 0.23% in NIKE, Inc. (NYSE:NKE). Fifth Third Comml Bank accumulated 989,527 shs or 0.45% of the stock. Gilman Hill Asset Lc holds 4,000 shs or 0.12% of its capital. 153,164 are held by Noesis Capital Mangement. Oppenheimer Asset Mngmt holds 0.08% of its capital in NIKE, Inc. (NYSE:NKE) for 48,663 shs. Grimes And reported 116,110 shs. Asset Mngmt One Limited holds 0.32% of its capital in NIKE, Inc. (NYSE:NKE) for 2.14 million shs. Artisan Partners Ltd Partnership reported 293,915 shs or 0.04% of all its holdings. Lynch And Associates In holds 3,035 shs. Koshinski Asset accumulated 13,930 shs. Wealthfront has invested 0.03% in NIKE, Inc. (NYSE:NKE). State Teachers Retirement System, a New York-based fund reported 2.12M shs.

NIKE, Inc. had 10 insider sales and 0 buys since January 2, 2018. This’s net activity of $56.97 million. SPRUNK ERIC D sold $3.50 million worth of stock or 50,000 shs. Another trade for 100,000 shs valued at $6.85 million was made by EDWARDS TREVOR A on Wednesday, January 31. On Tuesday, January 2 Slusher John F also sold $7.94M worth of NIKE, Inc. (NYSE:NKE). 17,000 shs were sold by Matheson Monique S., worth $1.28 million.

NIKE, Inc. (NYSE:NKE) hit $80.18 share price on Jun, 29, also an all time high. This stock pattern was posted by Barchart.com. NIKE, Inc. (NYSE:NKE) has $129.23B MC. At our $82.59 PT, the company worth will be $3.88 billion more.

NKE is hitting $80.18 during the last trading session, after increased 11.83%.NIKE, Inc. has 18.47M shares volume, 178.97% up from normal. NKE is uptrending and has moved 38.01% since June 29, 2017. NKE outperformed the S&P500 by 25.44%.

NIKE, Inc. (NYSE:NKE) Ratings Coverage

A total of 22 analysts rate Nike (NYSE:NKE) as follows: 11 “Buy”, 11 “Hold” and 0 “Sell”. Тherefore 50% are bullish. (NYSE:NKE) has 41 ratings reports on Jun 29, 2018 according to StockzIntelligence. On Friday, June 29 the firm has “Buy” rating given by Nomura. On Friday, June 29 the stock has “Hold” rating by Canaccord Genuity. On Friday, January 19 the rating was upgraded by Wedbush to “Outperform”. On Friday, June 22 the company was downgraded by Buckingham Research. On Monday, June 11 the firm has “Market Perform” rating by Wells Fargo given. The company rating was upgraded by HSBC on Friday, April 27. On Friday, March 23 Deutsche Bank maintained NIKE, Inc. (NYSE:NKE) rating. Deutsche Bank has “Buy” rating and $76 target. On Thursday, June 14 the firm has “Outperform” rating given by Wedbush. On Thursday, April 19 the firm earned “Buy” rating by Robert W. Baird. On Thursday, June 21 Robert W. Baird maintained NIKE, Inc. (NYSE:NKE) with “Buy” rating.

For more NIKE, Inc. (NYSE:NKE) news brought out briefly go to: Seekingalpha.com, 247Wallst.com, 247Wallst.com, Streetinsider.com or Seekingalpha.com. The titles are as follows: “Will Nike Pop Or Drop After Earnings?” brought out on June 27, 2018, “What to Expect When Nike Reports Thursday” on June 25, 2018, “How Nike Powered Through Q4” with a publish date: June 29, 2018, “Pre-Open Movers 06/29: (GEMP) (DERM) (NKE) Higher; (PFIE) (STZ) (SNX) Lower (more…)” and the last “Can Amazon Save Nike?” with publication date: June 21, 2018.

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide.The company has $129.23 billion market cap. It offers NIKE brand products in nine categories: running, NIKE basketball, the Jordan brand, football, menÂ’s training, womenÂ’s training, action sports, sportswear, and golf.74.11 is the P/E ratio. The firm also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking, and outdoor activities.

NIKE, Inc. (NYSE:NKE) Institutional Investors Chart

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