Nike Inc (NYSE:NKE) CEO Mark G. Parker sold 20,700 shares of the business’s stock in a transaction that occurred on Friday, January 29th. The stock was sold at an average price of $62.12, for a total value of $1,285,884.00. Following the completion of the sale, the chief executive officer now directly owns 1,850,396 shares in the company, valued at $114,946,599.52. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 4th. Stockholders of record on Wednesday, December 9th were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Monday, December 7th. This represents a $1.28 annualized dividend and a dividend yield of 2.03%. This is an increase from Nike’s previous quarterly dividend of $0.28.

Several large investors recently bought and sold shares of NKE. Central Bank & Trust Company increased its stake in Nike by 75.8% in the fourth quarter. Central Bank & Trust Company now owns 81,612 shares of the footwear maker’s stock valued at $5,101,000 after buying an additional 35,196 shares during the last quarter. Detwiler Fenton Investment Management bought a new stake in Nike during the fourth quarter valued at approximately $335,000. Amarillo National Bank increased its stake in Nike by 77.1% in the fourth quarter. Amarillo National Bank now owns 8,812 shares of the footwear maker’s stock valued at $551,000 after buying an additional 3,836 shares during the last quarter. Meristem bought a new stake in Nike during the fourth quarter valued at approximately $1,153,000. Finally, Fulton Bank increased its stake in Nike by 7.0% in the fourth quarter. Fulton Bank now owns 70,616 shares of the footwear maker’s stock valued at $4,414,000 after buying an additional 4,622 shares during the last quarter.

A number of analysts have recently commented on the company. BB&T Corp. raised Nike from a “hold” rating to a “buy” rating and set a $74.00 price target on the stock in a research report on Monday, October 19th. DA Davidson boosted their price target on Nike from $70.00 to $72.50 and gave the stock a “buy” rating in a research report on Thursday, October 15th. Cowen and Company boosted their price target on Nike from $72.50 to $75.00 and gave the stock an “outperform” rating in a research report on Monday, December 14th. MKM Partners reissued a “sell” rating on shares of Nike in a research report on Wednesday, October 21st. Finally, Piper Jaffray reissued a “buy” rating and issued a $70.00 price target on shares of Nike in a research report on Friday, December 18th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and twenty-nine have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $76.92.

Nike Inc (NYSE:NKE) traded up 1.85% on Monday, hitting $63.16. 8,247,810 shares of the company’s stock traded hands. Nike Inc has a one year low of $45.35 and a one year high of $68.19. The stock has a market cap of $107.57 billion and a PE ratio of 30.68. The stock has a 50-day moving average of $61.83 and a 200-day moving average of $60.91.

Nike (NYSE:NKE) last posted its quarterly earnings data on Tuesday, December 22nd. The footwear maker reported $0.90 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.86 by $0.04. The company had revenue of $7.69 billion for the quarter. During the same period in the prior year, the firm earned $0.74 EPS. The company’s revenue for the quarter was up 4.1% on a year-over-year basis. On average, equities analysts forecast that Nike Inc will post $2.15 earnings per share for the current fiscal year.

NIKE, Inc. is engaged in the design, development, marketing and selling of athletic footwear, apparel, equipment, accessories and services. The Company sells its products to retail accounts, through NIKE-owned retail stores and Internet Websites (NYSE:NKE), and through a mix of independent distributors and licensees throughout the world. The Company focuses its NIKE Brand product offerings in eight key categories: Running, Basketball, Football (Soccer), Men’s Training, Women’s Training, Action Sports, Sportswear (the Company’s sports-inspired lifestyle products) and Golf. The Company also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking and outdoor activities. The Company’s portfolio brands include the NIKE Brand, Jordan Brand, Hurley and Converse.

12 Month Chart for NYSE:NKE

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