Nike insider cluster buys shares near $40 ahead of Tuesday earnings

Earnings
โดย 24/7 Wall St.·Read original
Summary · why it matters

Nike insiders including CEO Elliott Hill and director Tim Cook have bought shares near $40, the stock’s 52-week low, ahead of Tuesday’s earnings report. Hill acquired 47,320 shares at about $42 on April 13, 2026, while Cook bought 25,000 shares on April 10, with other directors also adding. The company has beaten earnings estimates for four straight quarters and pays a 3.96% dividend yield backed by 24 consecutive years of increases. Greater China revenue fell 17% in Q2 and 7% in Q3, and Converse dropped 35% in Q3, but North America grew and wholesale expanded every quarter of fiscal 2026. The stock is down 35% year to date, trading at a 21x forward earnings multiple against an analyst consensus target of $58.13.

Impact on stocks 2

Consumer Discretionary · 1 stocks
Nike Inc
NKE
▲ PositiveCapitalrelevance

Insider buying by CEO and director near 52-week low signals confidence ahead of earnings, with strong dividend history and analyst target above current price.

Artificial Intelligence · 1 stocks