Northcape Capital reduced its Nike stock position in Q3, and Chairman Mark G. Parker sold significant shares.
Northcape Capital holds $688,000 in Nike stock, having reduced its position in Q3. Institutional investors collectively own 64.25% of Nike, which reported a quarterly EPS of $0.70, surpassing estimates. Nike's stock trades at $82.15, with recent price target adjustments by analysts. The company declared a quarterly dividend of $0.37. Changes in holdings by various institutional investors were noted, alongside significant share sales by Chairman Mark G. Parker.
October 13, 2024
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