Nike Inc (NKE) CHAIRMAN, PRESIDENT & CEO Mark G Parker Sold $7.5 million of Shares

- By insider

CHAIRMAN, PRESIDENT & CEO of Nike Inc (NKE) Mark G Parker sold 150,000 shares of NKE on 11/01/2016 at an average price of $49.78 a share. The total sale was $7.5 million.

Nike Inc designs, develops and markets footwear, apparel, equipment, and accessory products. It is a seller of athletic footwear and athletic apparel. It sells its products through NIKE-owned in-line and factory retail stores and internet websites. Nike Inc has a market cap of $82.81 billion; its shares were traded at around $49.72 with a P/E ratio of 22.37 and P/S ratio of 2.61. The dividend yield of Nike Inc stocks is 1.27%. Nike Inc had an annual average EBITDA growth of 10.70% over the past 10 years. GuruFocus rated Nike Inc the business predictability rank of 4-star.


CEO Recent Trades:

  • CHAIRMAN, PRESIDENT & CEO Mark G Parker sold 150,000 shares of NKE stock on 11/01/2016 at the average price of $49.78. The price of the stock has decreased by 0.12% since.

For the complete insider trading history of NKE, click here

.This article first appeared on GuruFocus.