Nike Shares Move Higher As Tim Cook, Elliott Hill Buy More Stock

Nike Inc (NYSE:NKE) shares are rising in after-hours on Tuesday amid continued insider buying. Here’s what you need to know.

• Nike shares are trending higher. What’s pushing NKE stock higher?

Insiders Buy More Nike Stock

Nike CEO Elliott Hill disclosed the purchase of 23,660 shares of Nike stock at an average price of $42.27 on Tuesday. The stock purchase was made in the open market on Monday and brings Hill’s total stake up to approximately 265,247 shares.

Apple Inc (NASDAQ:AAPL) CEO and Nike director Tim Cook also disclosed on Tuesday that he bought more Nike shares at the end of …

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