Mark Parker, CHAIRMAN – PRESIDENT & CEO of NIKE, Inc. (NKE) Just Sold Shares; ALK-ABELLO A/S SHARES -B- DENMARK (AKBLF) Shorts Increased By 2.12%

135,000 shares of Nike Inc were unloaded by Mark Parker, the company’s CHAIRMAN – PRESIDENT & CEO. The reported shares are valued at nearly $9,450,000 which has been calculated on the basis of the average transactions stock price ($70.0 for each one share). The trade was dated 28/02/2018 and was made public in a document filed with the SEC. The document is available for a free review here. Being a significant sell, it will probably not go a secret. Mark Parker presently has ownership of 0.09% of the Company’s stock market cap with ownership of 1.54 million shares. 

ALK-ABELLO A/S SHARES -B- DENMARK (OTCMKTS:AKBLF) had an increase of 2.12% in short interest. AKBLF’s SI was 101,100 shares in February as released by FINRA. Its up 2.12% from 99,000 shares previously. With 100 avg volume, 1011 days are for ALK-ABELLO A/S SHARES -B- DENMARK (OTCMKTS:AKBLF)’s short sellers to cover AKBLF’s short positions. The stock increased 5.18% or $6.89 during the last trading session, reaching $140. It is down 0.00% since February 28, 2017 and is . It has underperformed by 16.70% the S&P500.

ALK-Abelló A/S, a pharmaceutical company, develops, makes, and sells a range of products for the diagnosis and treatment of respiratory diseases and allergic asthma worldwide. The company has market cap of $1.31 billion. The firm offers allergy immunotherapy products, such as subcutaneous injections, sublingual droplets, and sublingual tablets. It currently has negative earnings. The Company’s allergy immunotherapy products are used for treating various allergies, including grass, ragweed, house dust mite, tree, Japanese cedar, cat, dog, and venom.

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. The company has market cap of $109.05 billion. It offers NIKE brand products in nine categories: running, NIKE basketball, the Jordan brand, football, menÂ’s training, womenÂ’s training, action sports, sportswear, and golf. It has a 29 P/E ratio. The firm also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking, and outdoor activities.

Among 44 analysts covering Nike Inc. (NYSE:NKE), 25 have Buy rating, 2 Sell and 17 Hold. Therefore 57% are positive. Nike Inc. has $156.0 highest and $42.0 lowest target. $69.59’s average target is 3.82% above currents $67.03 stock price. Nike Inc. had 222 analyst reports since July 29, 2015 according to SRatingsIntel. The company was downgraded on Monday, August 21 by Jefferies. As per Wednesday, March 23, the company rating was maintained by Morgan Stanley. Nomura maintained the stock with “Buy” rating in Wednesday, September 27 report. As per Thursday, October 26, the company rating was maintained by Cowen & Co. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, September 28. The rating was maintained by UBS with “Buy” on Monday, December 12. The company was downgraded on Tuesday, September 19 by Susquehanna. The company was maintained on Friday, September 25 by Jefferies. The rating was maintained by Raymond James on Tuesday, September 19 with “Outperform”. Goldman Sachs maintained NIKE, Inc. (NYSE:NKE) on Wednesday, June 29 with “Buy” rating.

The stock decreased 1.47% or $1 during the last trading session, reaching $67.03. About 6.08M shares traded. NIKE, Inc. (NYSE:NKE) has declined 9.24% since March 1, 2017 and is downtrending. It has underperformed by 25.94% the S&P500.

Analysts await NIKE, Inc. (NYSE:NKE) to report earnings on March, 20. They expect $0.54 earnings per share, down 20.59% or $0.14 from last year’s $0.68 per share. NKE’s profit will be $878.55M for 31.03 P/E if the $0.54 EPS becomes a reality. After $0.46 actual earnings per share reported by NIKE, Inc. for the previous quarter, Wall Street now forecasts 17.39% EPS growth.

Investors sentiment decreased to 0.8 in Q3 2017. Its down 0.20, from 1 in 2017Q2. It worsened, as 87 investors sold NIKE, Inc. shares while 457 reduced holdings. 78 funds opened positions while 358 raised stakes. 985.62 million shares or 0.88% less from 994.42 million shares in 2017Q2 were reported. Wellington Shields Capital Lc has invested 0.29% in NIKE, Inc. (NYSE:NKE). Braun Stacey Associates stated it has 0.01% of its portfolio in NIKE, Inc. (NYSE:NKE). Bahl And Gaynor holds 548,979 shares. Marathon Trading Investment Ltd Liability Corporation invested in 4,500 shares or 0.03% of the stock. Wealthcare Capital Limited owns 400 shares. Engineers Gate Manager Lp invested 0.42% in NIKE, Inc. (NYSE:NKE). Robeco Institutional Asset Bv holds 677,758 shares or 0.22% of its portfolio. Doheny Asset Mngmt Ca reported 7,537 shares. Moreover, Stevens Cap Management Ltd Partnership has 0.08% invested in NIKE, Inc. (NYSE:NKE) for 38,890 shares. Wealthtrust Fairport Ltd Llc has invested 0.25% in NIKE, Inc. (NYSE:NKE). Griffin Asset Mgmt reported 0.3% stake. Clinton Gru owns 0.06% invested in NIKE, Inc. (NYSE:NKE) for 10,023 shares. 1832 Asset Mngmt L P holds 655,248 shares or 0.12% of its portfolio. D E Shaw & Incorporated stated it has 1.25M shares or 0.1% of all its holdings. Mu Invs owns 87,300 shares.

Since September 14, 2017, it had 0 insider buys, and 8 insider sales for $37.22 million activity. $620,000 worth of NIKE, Inc. (NYSE:NKE) shares were sold by Matheson Monique S.. On Tuesday, January 2 Slusher John F sold $7.94 million worth of NIKE, Inc. (NYSE:NKE) or 125,722 shares. EDWARDS TREVOR A had sold 100,000 shares worth $6.85M on Wednesday, January 31. $855,206 worth of stock was sold by RODGERS JOHNATHAN A on Thursday, September 14. Shares for $6.77 million were sold by SPRUNK ERIC D. The insider PARKER MARK G sold $8.78M.

The post Mark Parker, CHAIRMAN – PRESIDENT & CEO of NIKE, Inc. (NKE) Just Sold Shares; ALK-ABELLO A/S SHARES -B- DENMARK (AKBLF) Shorts Increased By 2.12% appeared first on Stock Market News | HillCountryTimes | Get it Today.

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