NIKE, Inc. (NKE) Surges to Record High

June 29, 2018 - By Eric Painter

NIKE, Inc. (NYSE:NKE) Corporate Logo

Big Money Sentiment decreased to 0.65 in 2018 Q1. 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 amassed positions and 277 increased positions. Investors holded 1.01 billion in 2017Q4 but now own 997.42 million shares or 1.70% less.
Bahl & Gaynor Inc holds 0.39% or 538,918 shs. Brighton Jones Limited Liability Corporation invested in 32,369 shs. Ftb Advsrs accumulated 1,046 shs. Wealthcare Cap Management Limited Liability Com owns 400 shs. Ancora Advsrs Ltd Llc reported 0.32% stake. Brown Advisory owns 220,736 shs or 0.06% of their US capital. First Bankshares Of Hutchinson has 0.47% invested in NIKE, Inc. (NYSE:NKE). Boys Arnold And Communication Inc owns 19,848 shs or 0.19% of their US capital. Conestoga Capital Ltd Llc reported 0.01% in NIKE, Inc. (NYSE:NKE). Moreover, Timber Hill Llc has 0.06% invested in NIKE, Inc. (NYSE:NKE). Carlson Capital Mgmt reported 0.07% stake. Gvo Asset Management Limited owns 244,860 shs. Mai has invested 0.49% in NIKE, Inc. (NYSE:NKE). Alliancebernstein Lp holds 0.6% or 12.50M shs in its capital. Mackay Shields Ltd Limited Liability Company reported 237,115 shs.

NIKE, Inc. had 10 sales and 0 insider buys since January 2, 2018. This’s net activity of $56.97 million. On Wednesday, January 31 a trade for 100,000 shs valued at $6.85 million was made by EDWARDS TREVOR A. Shares for $9.45 million were sold by PARKER MARK G. $4.75M worth of stock was sold by Slusher John F on Friday, January 5. $1.28M worth of NIKE, Inc. (NYSE:NKE) was sold by Matheson Monique S..

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 reached $80.18 during the last trading session after $8.48 change.NIKE, Inc. has 18.47 million shares volume, 178.97% up from normal. NKE is uptrending and has moved 38.01% since June 29, 2017. NKE 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. 41 are the (NYSE:NKE)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. On Friday, June 29 the rating was maintained by Wedbush with “Outperform”. On Thursday, February 15 the company was maintained by Stifel Nicolaus. On Wednesday, June 20 Stifel Nicolaus maintained the shares of NKE in report with “Buy” rating. On Sunday, January 7 the stock of NIKE, Inc. (NYSE:NKE) has “Hold” rating given by Canaccord Genuity. On Thursday, April 19 the firm earned “Buy” rating by Robert W. Baird. In Thursday, January 11 report Macquarie Research maintained it with “Buy” rating and $72.0 target. On Tuesday, June 26 the company was maintained by Pivotal Research. In Friday, June 29 report Stifel Nicolaus maintained it with “Buy” rating and $90 target. In Friday, June 29 report Deutsche Bank maintained the stock with “Buy” rating. On Wednesday, January 31 Oppenheimer upgraded NIKE, Inc. (NYSE:NKE) to “Buy” rating.

For more NIKE, Inc. (NYSE:NKE) news announced briefly go to: Bizjournals.com, Benzinga.com, 247Wallst.com, Seekingalpha.com or Fool.com. The titles are as follows: “Former Nike exec dips into the ice cream business” announced on June 28, 2018, “Stifel: Nike ‘Uniquely Positioned’ In Shift To Direct-To-Consumer” on June 20, 2018, “How Nike Powered Through Q4” with a publish date: June 29, 2018, “Will Nike Pop Or Drop After Earnings?” and the last “Nike, Inc. (NKE) Q4 2018 Earnings Conference Call Transcript” 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 $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.The P/E ratio is 74.11. 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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