On December 27, 2024, ROGERS JOHN W JR, a Director at Nike Inc (NKE, Financial), purchased 2,500 shares of the company. Following this transaction, the insider now owns a total of 34,403 shares of Nike Inc. This purchase is documented in the SEC Filing.
Nike Inc is a global leader in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services. The company is known for its strong brand presence and innovative products in the sportswear industry.
The insider's recent purchase is part of a broader trend observed over the past year, where ROGERS JOHN W JR has acquired a total of 2,500 shares and has not sold any shares. In contrast, the overall insider transaction history for Nike Inc shows 2 insider buys and 9 insider sells over the same period.
On the day of the purchase, shares of Nike Inc were trading at $76.65, giving the stock a market cap of $111.116 billion. The company's price-earnings ratio stands at 23.04, which is higher than the industry median of 19.57 but lower than the company's historical median price-earnings ratio.
With a trading price of $76.65 and a GuruFocus Value of $111.72, Nike Inc has a price-to-GF-Value ratio of 0.69, indicating that the stock is significantly undervalued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company's past returns and growth, as well as future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
