Nike director John W. Rogers buys $191,624 in shares

John W. Rogers (NYSE:ROG) Jr., a director at NIKE, Inc. (NYSE:NKE), not too long ago bought 2,500 shares of the corporate’s Class B Widespread Inventory. The transaction, which came about on December 27, was valued at roughly $191,624, with shares acquired at a median value of $76.65 every. The acquisition comes as NIKE, presently valued at $111.49 billion, trades close to its 52-week low, with shares at $74.68. In keeping with InvestingPro evaluation, the inventory seems barely undervalued. Following this buy, Rogers holds a complete of 34,403 shares straight. This transaction aligns with NIKE’s firm coverage that permits market transactions by officers and administrators throughout specified buying and selling home windows. The corporate maintains a strong 2.09% dividend yield and has raised dividends for 23 consecutive years. Whereas 21 analysts have not too long ago revised earnings expectations downward, detailed evaluation and extra insights can be found by way of InvestingPro‘s complete analysis experiences.

In different current information, Nike (NYSE:NKE) has been topic to a number of analyst reevaluations. UBS maintained a Impartial ranking on Nike inventory, citing considerations over near-term earnings dangers attributable to stock administration and potential delays within the new product pipeline. In the meantime, Baird holds an Outperform ranking, with a revised value goal of $105, anticipating a powerful product-led inflection by fiscal 12 months 2026. Truist Securities minimize its value goal to $90 however retained a Purchase ranking, anticipating near-term challenges attributable to new CEO Elliot Hill’s revitalization efforts. Stifel diminished its value goal for Nike to $75, sustaining a Maintain ranking, based mostly on estimated earnings per share (EPS) of $2.88 for fiscal 12 months 2027. Lastly, TD Cowen diminished its value goal for Nike from $73 to $69, sustaining a Maintain ranking attributable to potential reductions in Nike’s FY26 EPS. These current developments come as Nike embarks on strategic initiatives underneath new CEO, Elliott Hill, specializing in enhancing its aggressive stance and strengthening its direct-to-consumer channels.

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