Close Menu
  • Home
  • AI
  • Entertainment
  • Finance
  • Sports
  • Tech
  • USA
  • World
  • Latest News

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

What's Hot

Goldman Sachs expects recent mergers to lead to a surge in this travel stock

June 20, 2026

Advances in AI give tech investors new reasons to monitor bond markets

June 20, 2026

Why is there fighting in Lebanon and does it threaten the deal with Iran?

June 20, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram Vimeo
BWE News – USA, World, Tech, AI, Finance, Sports & Entertainment Updates
  • Home
  • AI
  • Entertainment
  • Finance
  • Sports
  • Tech
  • USA
  • World
  • Latest News
BWE News – USA, World, Tech, AI, Finance, Sports & Entertainment Updates
Home » Nike stock price rises due to insider purchase by Elliot Hill CEO Tim Cook
Finance

Nike stock price rises due to insider purchase by Elliot Hill CEO Tim Cook

adminBy adminJanuary 2, 2026No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
Share
Facebook Twitter LinkedIn Pinterest Email


Shoppers near a Nike store in New York’s SoHo neighborhood on November 24, 2025.

Michael Nagle | Bloomberg | Getty Images

nike Shares rose about 4% on Wednesday after insiders bought up shares near the end of a difficult year.

apple CEO Tim Cook, who sits on the sports apparel maker’s board, added about 50,000 shares to Nike, increasing his stake by about 90%, according to financial data provider Verity.

Fellow director Robert Holmes Swann bought about 8,700 shares, according to Verity. This represented a 24% expansion compared to the former. eBay and intel executive position.

Nike CEO Elliott Hill acquired about 16,400 shares in a deal valued at $1 million, according to Verity research. As a result, his personal stock increased by more than 7%.

Stock chart iconStock chart icon

Hide content

Nike, 1 day

The buy comes as the Oregon-based company is coming off another tough year in the eyes of investors.

Nike’s stock price fell more than 15% in 2025, marking the fourth consecutive year of decline. The stock price has fallen by nearly half in the past three years.

Nike has recently been grappling with weak sales and being hit by tariffs in China, the latest in a series of challenges for the retailer. The company pitched a turnaround story led by Hill, who took the role last year.

Wall Street seems optimistic that stocks can recover. The average analyst surveyed by LSEG has a buy rating and price target, suggesting the stock could rise about 21% over the next 12 months.

Get Morning Squawk straight to your inbox



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleThe 27-year-old quit her 9-to-5 job to start a flower business – this year she brought six numbers
Next Article Gold and silver prices fall after CME raises precious metals margins
admin
  • Website

Related Posts

Goldman Sachs expects recent mergers to lead to a surge in this travel stock

June 20, 2026

Israeli airstrike kills 10 people in Lebanon hours after ceasefire

June 20, 2026

Obama Presidential Center dedication ceremony

June 20, 2026

Cramer’s Lightning Round: Buy SoFi

June 20, 2026
Leave A Reply Cancel Reply

Our Picks

Newly freed hostages face long road to recovery after two years in captivity

October 15, 2025

Former Kenyan Prime Minister Raila Odinga dies at 80

October 15, 2025

New NATO member offers to buy more US weapons to Ukraine as Western aid dwindles

October 15, 2025

Russia expands drone targeting on Ukraine’s rail network

October 15, 2025
Don't Miss
Entertainment

Backstreet Boys details father’s role in long career and plans for Father’s Day

By adminJune 20, 20260

Every member of the Backstreet Boys knows that family is more important than life itself.…

Ryan Lochte engaged to girlfriend Molly Gillihan, one year after divorce

June 20, 2026

Bunny Zoe says Jelly Roll’s daughter Bailey Ann, 18, is ‘angry’ over divorce

June 20, 2026

Cheers co-creator, sitcom director was 85 years old

June 19, 2026
About Us
About Us

Welcome to BWE News – your trusted source for timely, reliable, and insightful news from around the globe.

At BWE News, we believe in keeping our readers informed with facts that matter. Our mission is to deliver clear, unbiased, and up-to-date news so you can stay ahead in an ever-changing world.

Our Picks

Why is there fighting in Lebanon and does it threaten the deal with Iran?

June 20, 2026

Bolivian president declares state of emergency amid lockdown crisis

June 20, 2026

Analysis: China is counting victories in the Iran war

June 20, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact US
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 bwenews. Designed by bwenews.

Type above and press Enter to search. Press Esc to cancel.