In a filing, Nike, Inc revealed its EXECUTIVE CHAIRMAN PARKER MARK G unloaded Company’s shares for reported $12.36 million on Feb 14 ’25. In the deal valued at $72.83 per share,169,732 shares were sold. As a result of this transaction, PARKER MARK G now holds 896,632 shares worth roughly $69.33 million.
Then, Leinwand Robert sold 4,506 shares, generating $328,082 in total proceeds. Upon selling the shares at $72.81, the EVP: Chief Legal Officer now owns 30,943 shares.
Before that, PARKER MARK G bought 169,732 shares. Nike, Inc shares valued at $12,361,582 were divested by the Officer at a price of $72.83 per share.
Jefferies upgraded its Nike, Inc [NKE] rating to a Buy from a a Hold in a research note published on February 24, 2025; the price target was increased to $115 from $75. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in early February from “a Buy” to “a Neutral”. Piper Sandler also remained covering NKE and has increased its forecast on January 10, 2025 with a “an Overweight” recommendation from previously “Neutral” rating. Telsey Advisory Group revised its rating on December 20, 2024. It rated NKE as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of NKE
On Tuesday, Nike, Inc [NYSE:NKE] saw its stock fall -1.39% to $77.32. Over the last five days, the stock has lost -5.38%. Nike, Inc shares have risen nearly 2.18% since the year began. Nevertheless, the stocks have fallen -25.60% over the past one year. While a 52-week high of $102.49 was reached on 02/26/25, a 52-week low of $68.62 was recorded on 02/07/25. SMA at 50 days reached $75.01, while 200 days put it at $80.02.
Levels Of Support And Resistance For NKE Stock
The 24-hour chart illustrates a support level at 76.51, which if violated will result in even more drops to 75.71. On the upside, there is a resistance level at 78.39. A further resistance level may holdings at 79.45. The Relative Strength Index (RSI) on the 14-day chart is 52.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.89, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 42.28%. Stochastics %K at 67.28% indicates the stock is a holding.
The most recent change occurred on December 16, 2024 when Wells Fargo resumed its ‘”an Overweight”‘ rating for the stock and retained the price target to $92.
