Nike, Inc’s recent filing unveils that 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 $58.07 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.
Needham reiterated its Nike, Inc [NKE] rating to a Buy in a research note published on March 21, 2025; the price target was $75. A number of analysts have revised their coverage, including China Renaissance’s analysts, who began to cover the stock in mid March with a ‘”a Hold”‘ rating. Jefferies also remained covering NKE and has increased its forecast on February 24, 2025 with a “Buy” recommendation from previously “Hold” rating. Citigroup revised its rating on February 07, 2025. It rated NKE as “a Neutral” which previously was an “a Buy”.
Price Performance Review of NKE
On Tuesday, Nike, Inc [NYSE:NKE] saw its stock jump 2.02% to $64.76. Over the last five days, the stock has lost -2.68%. Nike, Inc shares have fallen nearly -14.42% since the year began. Nevertheless, the stocks have fallen -31.09% over the past one year. While a 52-week high of $98.04 was reached on 02/26/25, a 52-week low of $62.65 was recorded on 03/31/25. SMA at 50 days reached $73.83, while 200 days put it at $77.77.
Levels Of Support And Resistance For NKE Stock
The 24-hour chart illustrates a support level at 63.65, which if violated will result in even more drops to 62.55. On the upside, there is a resistance level at 65.51. A further resistance level may holdings at 66.27. The Relative Strength Index (RSI) on the 14-day chart is 30.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.67%. Stochastics %K at 8.83% indicates the stock is a buying.
How much short interest is there in Nike, Inc?
A steep rise in short interest was recorded in Nike, Inc stocks on 2025-03-14, growing by 3.06 million shares to a total of 36.57 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 33.51 million shares. There was a rise of 8.37%, which implies that there is a positive sentiment for the stock.
