Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Nike, Inc shares valued at $12,361,582 were sold by PARKER MARK G on Feb 14 ’25. At $72.83 per share, PARKER MARK G sold 169,732 shares. The insider’s holdings dropped to 896,632 shares worth approximately $68.84 million following the completion of this transaction.
Also, Leinwand Robert sold 4,506 shares, netting a total of over 328,082 in proceeds. Following the sale of shares at $72.81 each, the insider now holds 30,943 shares.
Before that, PARKER MARK G had added 169,732 shares to its account. In a trade valued at $12,361,582, the Officer bought Nike, Inc shares for $72.83 each.
As published in a research note from Citigroup on February 07, 2025, Nike, Inc [NKE] has been rated down from a Buy to a Neutral and the price target has been revised to $72 from $102. Analysts at Piper Sandler upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in early January. As of December 20, 2024, Telsey Advisory Group has decreased its “an Outperform” rating to a “Market perform” for NKE. Earlier on December 16, 2024, Wells Fargo resumed its rating. Their recommendation was “an Overweight” for NKE stock.
Analyzing NKE Stock Performance
During the last five days, there has been a surge of approximately 7.63%. Over the course of the year, Nike, Inc shares have jumped approximately 1.47%. Shares of the company reached a 52-week high of $78.86 on 01/31/25 and a 52-week low of $68.62 on 02/07/25. A 50-day SMA is recorded $74.79, while a 200-day SMA reached $80.63. Nevertheless, trading volume fell to 14.16 million shares from 28.25 million shares the previous day.
Support And Resistance Levels for Nike, Inc (NKE)
According to the 24-hour chart, there is a support level at 76.02, which, if violated, would cause prices to drop to 75.26. In the upper region, resistance lies at 77.61. The next price resistance is at 78.44. RSI (Relative Strength Index) is 57.45 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.61, which suggests the price will increase in the coming days. Percent R is at 20.35%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
