NIKE, Inc. (NKE) Trades at $67.82 Forming Double Top

The stock was sold at an average price of $70.00, for a total value of $9,450,000.00. The Augustine Asset Management Inc holds 53,354 shares with $3.34 million value, down from 59,206 last quarter. The company had revenue of $8.98 billion during the quarter, compared to the consensus estimate of $8.85 billion. The stock increased 0.48% or $1.07 during the last trading session, reaching $222.01. About 2.36M shares traded. Union Pacific Corporation (NYSE:UNP) has risen 26.23% since April 15, 2017 and is uptrending.

Augustine Asset Management Inc decreased Nike Inc (NKE) stake by 9.88% reported in 2017Q4 SEC filing.

In other Nike news, Chairman Mark G. Parker sold 135,000 shares of Nike stock in a transaction dated Tuesday, February 27th. As per Thursday, December 14, the company rating was maintained by Wedbush. Consulta Ltd who had been investing in Nike Inc for a number of months, seems to be less bullish one the $108.39B market cap company. The stock increased 0.42% or $0.28 during the last trading session, reaching $67.53. The institutional investors in our database reported: 22.18 million shares, up from 22.12 million shares in 2017Q3.

Nike Inc (NYSE:NKE) opened at 57.66 on Thursday. NKE outperformed by 6.76% the S&P 500. Voya Investment Management LLC now owns 715,426 shares of the footwear maker's stock valued at $42,210,000 after purchasing an additional 27,779 shares during the period. Inv Limited Co accumulated 0.1% or 24,814 shs.

During Q4 2017 the big money sentiment decreased to 0.74. It has change of 0.06, from 2017Q3's 0.8. It is negative, as 70 investors sold NKE shares while 501 reduced holdings. 312 rose holdings while 109 funds bought holdings. (NYSE:NKE). Newman Dignan Sheerar holds 0.21% of its portfolio in NIKE, Inc. (NYSE:NKE). Brown Brothers Harriman invested in 0.01% or 21,499 shares. Moreover, Glenhill Advisors Llc has 1.86% invested in the company for 679,603 shares. (NYSE:NKE). 3,784 were reported by Reliance Tru Co Of Delaware. Wells Fargo stated diluted earnings per share of 1.12 dollars, and revenue of 21.9 billion dollars. Fred Alger holds 0% or 7,603 shs in its capital. Cannell Peter B And Com, New York-based fund reported 857,455 shares. Putnam Ltd Limited Liability Company stated it has 92,264 shares. Sumitomo Life Insurance reported 0.46% in NIKE, Inc. (NYSE:NKE). Canada Pension Plan Invest Board owns 6.05 million shares. The footwear maker reported $0.68 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.53 by $0.15.

Since December 11, 2017, it had 0 insider buys, and 8 sales for $45.81 million activity. The Return on Assets for NIKE, Inc.

Nike (NYSE:NKE) last released its quarterly earnings results on Thursday, March 22nd. BACON ASHLEY sold $1.84 million worth of stock or 16,434 shares. Also, insider Eric D. Sprunk sold 100,000 shares of Nike stock in a transaction dated Tuesday, January 30th.

In other news, EVP John F. Slusher sold 125,722 shares of the business's stock in a transaction that occurred on Thursday, January 4th. (NYSE:NKE) for 2,697 shares. The VC1 of NIKE, Inc. (NYSE:NKE) earned "Buy" rating by Robert W. Baird on Thursday, November 16. Therefore 25% are positive. Nike Inc. had 232 analyst reports since July 29, 2015 according to SRatingsIntel. (NYSE:NKE). Teacher Retirement Systems Of Texas invested in 361,037 shares. As per Friday, December 22, the company rating was maintained by Jefferies. On Friday, September 25 the stock rating was maintained by Citigroup with "Buy". Telsey Advisory Group maintained the stock with "Outperform" rating in Friday, June 30 report. Over the past 7 days, NIKE, Inc. The rating was maintained by Robert W. Baird with "Hold" on Wednesday, September 20. The firm has "Hold" rating given on Tuesday, September 19 by Jefferies. Canaccord Genuity maintained the shares of NKE in report on Wednesday, March 23 with "Hold" rating.

Laurion Capital Management Lp, which manages about $4.98 billion and $19.73 billion US Long portfolio, upped its stake in Brinks Co (NYSE:BCO) by 13,137 shares to 23,137 shares, valued at $1.82 million in 2017Q4, according to the filing. It also increased its holding in Tjx (NYSE:TJX) by 2,056 shares in the quarter, for a total of 5,542 shares, and has risen its stake in Schf (SCHF). Therefore 81% are positive. Edgewood Management LLC now owns 14,245,826 shares of the footwear maker's stock valued at $738,646,000 after buying an additional 1,936,811 shares during the period. The firm has "Hold" rating by RBC Capital Markets given on Thursday, July 6. The stock has "Neutral" rating by B. Riley & Co on Friday, August 26. On Wednesday, January 18 the stock rating was initiated by Buckingham Research with "Neutral". The rating was downgraded by Bank of America on Monday, October 31 to "Underperform".

J.P. Morgan Chase stated earnings per share of 2.37 US dollars, higher than analyst estimate of 2.28 dollars. The firm has "Hold" rating by Deutsche Bank given on Friday, October 23.

Past 5 years growth of NKE observed at -12.20%, and for the next five years the analysts that follow this company is expecting its growth at 8.82%.

Oppenheimer also issued estimates for Nike's Q4 2018 earnings at $0.63 EPS, Q1 2019 earnings at $0.63 EPS, Q2 2019 earnings at $0.53 EPS, Q3 2019 earnings at $0.72 EPS, Q4 2019 earnings at $0.72 EPS and FY2019 earnings at $2.60 EPS.

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