NIKE, Inc. (NKE) Hit 52-Week High on Jun, 29

June 29, 2018 - By Sarah Harris

NIKE, Inc. (NYSE:NKE) Corporate Logo

During 2018 Q1 the big money sentiment decreased to 0.65. That’s change of 0.09, from 2017Q4’s 0.74. 64 investors sold all, 515 reduced holdings as NIKE, Inc. ratio worsened. 277 rose positions while 100 funds bought positions. Funds hold 997.42 million shares thus 1.70% less from 2017Q4’s 1.01 billion shares.
Toronto Dominion Natl Bank reported 0.11% in NIKE, Inc. (NYSE:NKE). 42,172 were accumulated by Roundview Capital Limited. The Maryland-based Park Circle Co has invested 0.03% in NIKE, Inc. (NYSE:NKE). Aviance Mngmt Lc has invested 0.03% of its capital in NIKE, Inc. (NYSE:NKE). Cornerstone Advsrs accumulated 4,786 shs or 0.22% of the stock. Waldron Ltd Partnership accumulated 5,947 shs or 0.09% of the stock. United Automobile Association reported 812,597 shs or 0.15% of all its holdings. Iberiabank invested in 0.48% or 36,627 shs. Afam Capital Incorporated holds 0.71% of its capital in NIKE, Inc. (NYSE:NKE) for 97,061 shs. Dekabank Deutsche Girozentrale holds 537,932 shs or 0.24% of its capital. Moreover, Suncoast Equity Mgmt has 3.99% invested in NIKE, Inc. (NYSE:NKE). Cibc Asset Mgmt reported 124,264 shs. 32,715 were reported by Acg Wealth. Panagora Asset Mgmt owns 0.01% invested in NIKE, Inc. (NYSE:NKE) for 40,869 shs. Warren Averett Asset Mngmt Ltd Liability Co holds 0.11% or 10,572 shs.

NIKE, Inc. registered $56.97 million net activity with 0 insider purchases and 10 sales since January 2, 2018. SPRUNK ERIC D sold $6.77M worth of NIKE, Inc. (NYSE:NKE) on Monday, January 29. 100,000 shs valued at $6.85 million were sold by EDWARDS TREVOR A on Wednesday, January 31. On Tuesday, February 27 $9.45M worth of NIKE, Inc. (NYSE:NKE) was sold by PARKER MARK G. On Friday, January 5 $4.75M worth of NIKE, Inc. (NYSE:NKE) was sold by Slusher John F.

A 52 week high was broke into by NIKE, Inc. (NYSE:NKE). Today’s share price was $80.00. It’s 4.00 % above our $83.20. It was reported on Jun, 29 according to Barchart.com. It has $128.94B MC. The company’s valuation will be $5.16 billion more at $83.20 price target.

Ticker’s shares touched $80 during the last trading session after 11.58% change.NIKE, Inc. has 14.58M shares volume, 120.21% up from normal. NKE is uptrending and has moved 38.01% since June 29, 2017. The stock outperformed the S&P 500 by 25.44%.

NIKE, Inc. (NYSE:NKE) Ratings Coverage

In total 22 analysts cover Nike (NYSE:NKE). “Buy” rating has 11, “Sell” are 0, while 11 are “Hold”. (NYSE:NKE) has 50% bullish analysts. With $90 highest and $60.0 lowest target price, Nike has $79 average target price or -1.25% below the current ($80) price. 41 are the (NYSE:NKE)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. The company rating was maintained by Deutsche Bank on Friday, March 23. On Thursday, June 21 the stock of NIKE, Inc. (NYSE:NKE) has “Neutral” rating given by UBS. On Friday, June 29 the stock of NIKE, Inc. (NYSE:NKE) has “Buy” rating given by Nomura. On Thursday, March 22 Piper Jaffray maintained NIKE, Inc. (NYSE:NKE) rating. Piper Jaffray has “Hold” rating and $6400 target. On Friday, June 29 the stock of NIKE, Inc. (NYSE:NKE) earned “Outperform” rating by Wedbush. On Wednesday, June 27 FBR Capital maintained the shares of NKE in report with “Hold” rating. On Thursday, June 14 the stock has “Outperform” rating by Wedbush. In Friday, June 29 report Jefferies maintained it with “Hold” rating and $75 target. In Wednesday, January 31 report Oppenheimer upgraded the stock to “Buy” rating. In Thursday, March 22 report Robert W. Baird maintained it with “Buy” rating and $7800 target.

For more NIKE, Inc. (NYSE:NKE) news announced recently go to: 247Wallst.com, Bizjournals.com, Streetinsider.com, Benzinga.com or 247Wallst.com. The titles are as follows: “What to Expect When Nike Reports Thursday” announced on June 25, 2018, “Former Nike exec dips into the ice cream business” on June 28, 2018, “After-Hours Stock Movers 06/28: (GEMP) (NKE) (VRTX) Higher; (SNX) (CVG) Lower (more…)” with a publish date: June 28, 2018, “Market Sentiment Upbeat After Largely Positive Bank Stress Test Results” and the last “How Nike Powered Through Q4” with publication date: June 29, 2018.

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide.The company has $128.94 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.The P/E ratio is 73.94. 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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