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NIKE Share Sell-Off: Cacti Asset Management Sells 322,092 NKE Shares

Guavy AI Editorial Team
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NKE
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Cacti Asset Management LLC has reduced its stake in NIKE, Inc. (NYSE:NKE) by selling 322,092 shares during the third quarter.

The institutional investor owned 26,690 shares of NIKE's stock after the sale and had a holdings value of $957,000 as of its most recent filing with the Securities and Exchange Commission.

This is not an isolated incident; several other hedge funds and institutional investors have made changes to their positions in NIKE recently. For instance, Meeder Asset Management Inc. increased its holdings by 108.4% during the first quarter.

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