Hill Elliott, an insider at Nike Inc (NKE), acquired 241,587 shares of the company's stock at a price of $61.10 per share on December 28, 2025, totaling $14.76 million. Following this transaction, Elliott holds a total of 241,587 shares in Nike.
Nike Inc operates within the textiles, apparel, and luxury goods industry, with a market capitalization of $90.1 billion. The company reported a trailing twelve months (TTM) price-to-earnings (P/E) ratio of 35.71 and earnings per share (EPS) of 1.71. The firm is headquartered in Beaverton, Oregon, and employs 77,800 full-time employees.
The company's upcoming earnings reports are scheduled for March 18, 2026, with an estimated EPS of $0.30 and revenue of $11.4 billion, followed by another report on June 24, 2026, also estimating an EPS of $0.22 and revenue of $11.4 billion.
Insider transactions, such as this purchase, are reported to the SEC, providing transparency into executive and board member stock activity. While insider buying can indicate confidence in a company's future, it is important for investors to consider these transactions alongside broader market data and trends.