Economy

Dissecting the Insider Trading Patterns of NIKE, Inc. (NKE)

North Star Asset Management Inc. increased its holdings in shares of Nike by 7.8% in the first quarter. The Icon Advisers Inc holds 157,900 shares with $8.03M value, up from 140,000 last quarter.

Gfs Advisors Llc increased its stake in Nike Inc (NKE) by 64.48% based on its latest 2016Q4 regulatory filing with the SEC. The stock decreased 0.32% or $0.17 during the last trading session, reaching $53.33. About 4,236 shares traded. Finally, Hartford Investment Management Co. increased its holdings in shares of Nike by 5.5% in the second quarter. The company has market cap of $660.06 million. The Firm operates through five divisions: Agribusiness, Edible Oil Products, Milling Products, Sugar and Bioenergy, and Fertilizer. It has a 20.92 P/E ratio. The Business's products are manufactured by independent contractors. Its up 0.46, from 1.38 in 2016Q3.

Analysts await Bunge Ltd (NYSE:BG) to report earnings on November, 1. Royal Bank of Scotland Group PLC now owns 207,834 shares of the footwear maker's stock worth $11,582,000 after acquiring an additional 12,201 shares in the last quarter. BG's profit will be $171.52 million for 14.85 P/E if the $1.22 EPS becomes a reality. The footwear maker reported $0.60 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.50 by $0.10. It has underperformed by 19.46% the S&P500. Bulldog Investors Llc bought 267,576 shares as the company's stock rose 6.56% with the market. Gareth Morgan Invs Partnership owns 144,990 shares or 0.63% of their U.S. portfolio. During the last 52 weeks, the (NYSE:ARMK) price has been as high as $41.72 and as low as $32.73. The Texas-based Carlson Capital L P has invested 2.29% in the stock. Tiaa Cref Mngmt Limited Liability Company, a New York-based fund reported 75,660 shares. Jennison Associates LLC now owns 25,143,559 shares of the footwear maker's stock worth $1,401,251,000 after purchasing an additional 13,953,567 shares during the last quarter. It also upped Westrock Co stake by 7,739 shares and now owns 87,194 shares. Abbvie Inc (NYSE:ABBV) was raised too.

Investors sentiment increased to 0.98 in 2016 Q4. Its up 0.04, from 0.94 in 2016Q3. It is positive, as 84 investors sold NKE shares while 443 reduced holdings. 112 funds opened positions while 405 raised stakes.

More notable recent Nike Inc (NYSE:NKE) news were published by: Fool.com which released: "How fast are Nike and Skechers growing?" on August 30, 2017, also Seekingalpha.com with their article: "Nike's Woes Translate To Investor Opportunity" published on August 25, 2017, Fool.com published: "Why Nike Inc". That's a potential 14.34 gain from where (NYSE:NKE) has been trading recently. Jacobs Levy Equity Mgmt accumulated 11,920 shares or 0.01% of the stock. To cut down amount of noise on price chart, shares of firm has 20 days moving average price of 0.09% from last close price of 53.33 and act as support or resistance of price limit. Narwhal Capital Management holds 0.24% of its portfolio in Nike Inc (NYSE:NKE) for 15,825 shares. Stifel Fin accumulated 982,700 shares. Nike Inc (NYSE:NKE) has declined 9.24% since September 20, 2016 and is downtrending. Arizona State Retirement invested in 330,328 shares or 0.25% of the stock. Penobscot Investment Management Company Inc. now owns 82,008 shares of the footwear maker's stock valued at $4,571,000 after purchasing an additional 1,390 shares during the period. Swiss Bank has 27,531 shares for 0% of their portfolio. Sigma Planning holds 0.13% in Nike Inc (NYSE:NKE) or 23,885 shares. Indiana Trust & Inv Mngmt stated it has 0.92% in Nike Inc (NYSE:NKE). 425,113 were reported by Saratoga &. On average, equities research analysts anticipate that Nike will post $2.41 EPS for the current fiscal year. (NYSE:NKE), 25 have Buy rating, 2 Sell and 16 Hold. Therefore 58% are positive. Pfizer had 57 analyst reports since July 29, 2015 according to SRatingsIntel.

WARNING: "Canaccord Genuity Reiterates Hold Rating for Nike, Inc". The firm has "Overweight" rating by Barclays Capital given on Wednesday, September 28. (NYSE:PFE) earned "Buy" rating by Jefferies on Tuesday, June 14. The stock has "Hold" rating by Oppenheimer on Thursday, March 23. The firm earned "Overweight" rating on Wednesday, January 18 by Piper Jaffray.

Pfizer Inc. (NYSE:PFE) slipped over -0.28% at $35.45, after hitting low of $35.35 in an intra-day trade. On Wednesday, December 28 the stock rating was maintained by Credit Suisse with "Outperform". The firm has "Market Perform" rating given on Wednesday, October 28 by Hovde Group.

Since March 24, 2017, it had 0 insider purchases, and 4 sales for $12.06 million activity. The average 1-year price target for (NKE) reveals an average price target of $60.98 per share. PARKER MARK G sold $5.55 million worth of stock or 100,000 shares.



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