Apple CEO Tim Cook disclosed a roughly $3 million open-market purchase of Nike shares this week (via Reuters). According to a regulatory filing published yesterday, Cook purchased 50,000 Class B ...
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Tim Cook’s open-market Nike purchase signals insider confidence after a sharp post-earnings selloff. Nike’s margins and DTC weakness confirm real operational stress despite the symbolic insider buy.
Cook, who has served on Nike’s board since 2005, has acquired 50,000 shares in the company at an average price of $58.97 per share, in a transaction valued at $2.95 million, according to filings made ...
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