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Nike sees mixed investment activity as some firms sell off, others buy in, post strong earnings.
Institutional investors have been actively trading shares of Nike Inc., with some reducing and others increasing their positions.
Savvy Advisors Inc. reduced its holdings by 7.2%, while SageView Advisory Group LLC and Advisors Capital Management LLC increased their stakes.
Nike reported strong earnings of $0.54 per share, beating expectations.
The company's stock performance and financial metrics remain robust, with a market cap of $81.11 billion and a P/E ratio of 16.92.
Additionally, Nike's chairman sold a significant portion of his shares recently.
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Nike ve una actividad de inversión mixta, ya que algunas empresas venden, otras compran, y obtienen fuertes ganancias.