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Reading: Nike shares increased on insider purchases by CEO Elliott Hill, Tim Cook dinner
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Stock Market

Nike shares increased on insider purchases by CEO Elliott Hill, Tim Cook dinner

Editor
Last updated: December 31, 2025 5:55 pm
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Published: December 31, 2025
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Nike shares increased on insider purchases by CEO Elliott Hill, Tim Cook dinner


Consumers close to a Nike retailer within the SoHo neighborhood of New York, Nov. 24, 2025.

Michael Nagle | Bloomberg | Getty Photographs

Nike shares have been up 4% in noon buying and selling Wednesday after insiders picked up the inventory close to the tip of a tough 12 months.

Apple CEO Tim Cook dinner, who serves as a director on the athletic attire maker, added round 50,000 Nike shares, an roughly 90% improve in his stake, in keeping with monetary knowledge supplier Verity.

Fellow board member Robert Holmes Swan added roughly 8,700 shares, per Verity. That marked a 24% growth to the previous eBay and Intel government’s place.

Nike CEO Elliott Hill acquired about 16,400 shares in a transaction valued at $1 million, Verity discovered. His private stake grew by greater than 7% consequently.

Inventory Chart IconInventory chart icon

Nike, 1-day

This shopping for comes because the Oregon-based firm wraps up one other robust 12 months within the eyes of buyers.

Shares of Nike have tumbled round 19% in 2025, on tempo for its fourth straight down 12 months. The inventory has shed almost half of its worth over the past three years.

Nike has just lately contended with weak gross sales in China and hits from tariffs, the most recent in a string of challenges for the retailer. The corporate has pitched its turnaround story led by Hill, who took the position final 12 months.

Wall Road seems optimistic that the inventory can rebound. The common analyst polled by LSEG has a purchase score and worth goal suggesting shares can rise about 26% over the following 12 months.

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Reading: Nike shares increased on insider purchases by CEO Elliott Hill, Tim Cook dinner
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