Finemark National Bank & Trust Trimmed Nike (NKE) Stake By $753,796; Widepoint (NYSEAMERICAN:WYY) Sellers Decreased By 40.47% Their Shorts

April 23, 2018 - By Vivian Park

NIKE, Inc. (NYSE:NKE) Logo

Finemark National Bank & Trust decreased Nike Inc (NKE) stake by 7.49% reported in 2017Q4 SEC filing. Finemark National Bank & Trust sold 12,158 shares as Nike Inc (NKE)’s stock rose 4.55%. The Finemark National Bank & Trust holds 150,269 shares with $9.40M value, down from 162,427 last quarter. Nike Inc now has $106.52 billion valuation. The stock increased 0.55% or $0.36 during the last trading session, reaching $66.09. About 10.40M shares traded or 28.43% up from the average. NIKE, Inc. (NYSE:NKE) has risen 18.31% since April 23, 2017 and is uptrending. It has outperformed by 6.76% the S&P500.

Widepoint Corporation (NYSEAMERICAN:WYY) had a decrease of 40.47% in short interest. WYY’s SI was 32,800 shares in April as released by FINRA. Its down 40.47% from 55,100 shares previously. With 169,900 avg volume, 0 days are for Widepoint Corporation (NYSEAMERICAN:WYY)’s short sellers to cover WYY’s short positions. The SI to Widepoint Corporation’s float is 0.05%. The stock increased 0.33% or $0.002 during the last trading session, reaching $0.608. About 25,625 shares traded. WidePoint Corporation (NYSEAMERICAN:WYY) has declined 7.23% since April 23, 2017 and is downtrending. It has underperformed by 18.78% the S&P500.

Since December 11, 2017, it had 0 buys, and 8 selling transactions for $45.81 million activity. Another trade for 125,722 shares valued at $7.94 million was made by Slusher John F on Tuesday, January 2. Shares for $6.77M were sold by SPRUNK ERIC D on Monday, January 29. PARKER MARK G also sold $9.45 million worth of NIKE, Inc. (NYSE:NKE) shares. EDWARDS TREVOR A sold $6.85M worth of stock. Another trade for 10,000 shares valued at $650,000 was sold by Matheson Monique S..

Among 44 analysts covering Nike Inc. (NYSE:NKE), 25 have Buy rating, 2 Sell and 17 Hold. Therefore 57% are positive. Nike Inc. had 233 analyst reports since July 29, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Telsey Advisory Group on Monday, November 2. The firm earned “Outperform” rating on Thursday, October 15 by Telsey Advisory Group. Cowen & Co downgraded NIKE, Inc. (NYSE:NKE) on Tuesday, December 6 to “Market Perform” rating. The stock of NIKE, Inc. (NYSE:NKE) has “Market Perform” rating given on Monday, August 24 by Kelsey Advisory Group. The firm earned “Buy” rating on Thursday, October 12 by Robert W. Baird. Buckingham Research maintained NIKE, Inc. (NYSE:NKE) rating on Monday, December 18. Buckingham Research has “Buy” rating and $71.0 target. Susquehanna upgraded it to “Positive” rating and $122 target in Wednesday, August 26 report. The rating was maintained by B. Riley & Co with “Buy” on Friday, October 16. The stock of NIKE, Inc. (NYSE:NKE) earned “Outperform” rating by Robert W. Baird on Wednesday, June 29. The stock of NIKE, Inc. (NYSE:NKE) earned “Overweight” rating by Barclays Capital on Wednesday, September 28.

Finemark National Bank & Trust increased United Technologies Corp (NYSE:UTX) stake by 4,446 shares to 98,614 valued at $12.58M in 2017Q4. It also upped Pepsico Inc (NYSE:PEP) stake by 2,602 shares and now owns 112,568 shares. Ishares Tr (IWD) was raised too.

Analysts await NIKE, Inc. (NYSE:NKE) to report earnings on July, 5. They expect $0.64 earnings per share, up 6.67% or $0.04 from last year’s $0.6 per share. NKE’s profit will be $1.03B for 25.82 P/E if the $0.64 EPS becomes a reality. After $0.68 actual earnings per share reported by NIKE, Inc. for the previous quarter, Wall Street now forecasts -5.88% negative EPS growth.

Investors sentiment decreased to 0.74 in Q4 2017. Its down 0.06, from 0.8 in 2017Q3. It fall, as 70 investors sold NKE shares while 501 reduced holdings. 109 funds opened positions while 312 raised stakes. 1.01 billion shares or 2.95% more from 985.62 million shares in 2017Q3 were reported. Violich Capital Incorporated has invested 1.96% in NIKE, Inc. (NYSE:NKE). Afam Cap Inc invested in 95,847 shares. Arete Wealth Ltd Liability Company has invested 0.32% in NIKE, Inc. (NYSE:NKE). Windward Capital Com Ca reported 396,508 shares stake. Corda Investment Mngmt Llc holds 1.02% of its portfolio in NIKE, Inc. (NYSE:NKE) for 135,440 shares. D E Shaw Com invested in 174,560 shares. Tci Wealth holds 531 shares or 0.01% of its portfolio. The Massachusetts-based Welch & Forbes Limited Liability Co has invested 0.01% in NIKE, Inc. (NYSE:NKE). Huntington Bancshares stated it has 0.62% in NIKE, Inc. (NYSE:NKE). Arrowgrass Cap Prns (Us) Lp has 17,505 shares. Asset Mngmt One Ltd stated it has 0.29% in NIKE, Inc. (NYSE:NKE). The New York-based Edge Wealth Mngmt Limited Liability Corp has invested 0.01% in NIKE, Inc. (NYSE:NKE). Baldwin Invest Ltd Liability Company holds 0.71% or 31,768 shares. Bank Of Nova Scotia reported 0.1% in NIKE, Inc. (NYSE:NKE). First Manhattan Company accumulated 153,921 shares.

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By1 Vivian Park

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