Apple CEO Tim Cook Just Gave Nike Investors 3 Million Reasons to Cheer [Yahoo! Finance]
Nike, Inc. (NKE)
Last nike, inc. earnings: 3/24 04:15 pm
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Source: Yahoo! Finance
This comes as Nike attempts a bold turnaround plan. 10 stocks we like better than Nike › It's been tough sledding for the iconic sports apparel company Nike (NYSE: NKE) , which has seen its stock shed roughly 19% this year and over 57% in the past five years. Retail brands like Nike have been challenged by rising competition in the space, more price-sensitive consumers, and macro challenges, among others. Nike has also acknowledged strategic mistakes, including an overemphasis on online promotions and a lack of product innovation. Recently, however, Apple 's CEO Tim Cook, who has been on Nike's board of directors for about two decades, gave Nike investors 3 million reasons to cheer. Securities and Exchange Commission (SEC) filings recently revealed that Cook purchased 50,000 shares of Nike at an average price of $58.97 per share, totaling nearly $3 million. Cook made the purchases on the open market, and the move nearly doubles his stake in the company. According to MarketWat
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NKE
News
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NKE
Earnings
- 12/18/25 - Beat
NKE
Sec Filings
- 12/23/25 - Form 4
- 12/23/25 - Form 3/A
- 12/23/25 - Form 4
- NKE's page on the SEC website