Nike’s Director, Timothy D. Cook, purchased 50,000 shares of NKE on Monday for $2.95 million, at a price of $58.97 per share. This transaction marks Cook’s first insider buy in the past twelve months. As of Wednesday, Nike’s stock has risen approximately 4.8%.
In a separate transaction, Douglas A. Pertz acquired 25,000 shares of Vestis for $172,445, at a cost of $6.90 each, on Friday. Prior to this, Pertz bought 431,900 shares at $6.17 each within the last year. Vestis experienced a 3.3% increase in stock price on Wednesday.
