CEO Drops $1M. Four Insiders This Month.
Nike's CEO just bought $1.0 million at $42.27, marking the fourth insider purchase in 30 days. The cluster buying is happening right at support levels while RSI sits oversold at 38. Consumer discretionary is running hot with 10.7% monthly gains, but Nike's technical picture shows selling pressure across multiple timeframes. Insiders here have been right 7 out of 10 times historically, though this contrarian setup will need patience.
The Filing
| Ticker | NKE |
| Company | NIKE, Inc. |
| Insider | Elliott Hill, PRESIDENT & CEO |
| Buy amount | $1.0M |
| Filing date | April 22, 2026 |
| Conviction | Favorable · 71/100 |
| Setup type | Oversold Bounce |
Ultimate members received this analysis in real time.