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RWA Wealth Cuts NIKE Stake Amid Declining Sales

3/31/2025

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Summary

Story summary

RWA Wealth Partners LLC reduced its NIKE stake by 38.5%, now holding 145,624 shares valued at $11 million after selling 91,001 shares.
NIKE shares recently dropped 3.8%, totaling a 16.4% decline for the year due to falling sales and leadership shifts.
The company reported $11.27 billion in revenue, a 9% decrease from last year, yet surpassed expectations.
Institutional investors control 64.25% of NIKE, with notable recent activity from multiple funds.

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Story summary

RWA Wealth Partners LLC reduced its NIKE stake by 38.5%, now holding 145,624 shares valued at $11 million after selling 91,001 shares.
NIKE shares recently dropped 3.8%, totaling a 16.4% decline for the year due to falling sales and leadership shifts.
The company reported $11.27 billion in revenue, a 9% decrease from last year, yet surpassed expectations.
Institutional investors control 64.25% of NIKE, with notable recent activity from multiple funds.