Nike Stock Activity

Nike’s stock has seen increased interest from prominent investors in the fourth quarter. Pershing Square Capital Management, led by William Ackman, boosted its stake in the company by 15% during this period.

Investor Activity

• Pershing Square Capital Management increased its stake in Nike by 15% in the fourth quarter.
• Renaissance Technologies took a new stake in Intel, exited its position in Arm, and significantly upped its holdings in Nike.

Stock Performance

Nike’s stock has declined in value over the past three years, resulting in a loss of nearly 50% for investors who purchased shares at the beginning of that period. However, the company’s market capitalization has reached a new high.

Dividend Declaration

Nike has declared a dividend, joining other industry players such as Ford Motor and Johnson & Johnson.