--- title: "Nike Grabs Spotlight as CEO Hill, Apple's Tim Cook Snap Up $2M in Shares" type: "News" locale: "en" url: "https://longbridge.com/en/news/283152297.md" description: "Nike's CEO Elliott Hill and Apple CEO Tim Cook have increased their stakes in the company, purchasing shares worth $2 million. Cook bought 25,000 shares at $42.43, raising his total to 130,480 shares, while Hill acquired 24,000 shares at $42.27, bringing his total to 265,248 shares. These insider transactions are being closely monitored by investors as indicators of executive sentiment regarding Nike's long-term outlook." datetime: "2026-04-17T13:17:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283152297.md) - [en](https://longbridge.com/en/news/283152297.md) - [zh-HK](https://longbridge.com/zh-HK/news/283152297.md) --- # Nike Grabs Spotlight as CEO Hill, Apple's Tim Cook Snap Up $2M in Shares Nike drew attention after its chief executive and a key board member increased their stakes in the company. Apple (AAPL) Chief Executive Tim Cook, who has served on Nike's board for nearly two decades, acquired 25,000 shares at an average price of $42.43. The transaction lifted his total holdings in the sportswear company to 130,480 shares. Separately, Nike Chief Executive Elliott Hill also added to his position. He purchased about 24,000 shares at an average price near $42.27, bringing his total ownership to 265,248 shares. The filings highlight insider buying activity at Nike at a time when investors have been closely watching management's actions. Such transactions are often monitored as an indication of executive sentiment toward the company's longer-term outlook, though they do not necessarily signal near-term business changes. ### Related Stocks - [NKE.US](https://longbridge.com/en/quote/NKE.US.md) - [AAPU.US](https://longbridge.com/en/quote/AAPU.US.md) - [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md) ## Related News & Research - [As Nike Announces Second Round of Layoffs, Is NKE Stock a Buy, Sell, or Hold?](https://longbridge.com/en/news/284045916.md) - [Nike to Cut 1,400 Global Operations Jobs as it Consolidates Tech Footprint](https://longbridge.com/en/news/284020749.md) - [Tariffs, Volatility, and Nike: Is It Still a Long-Term Buy?](https://longbridge.com/en/news/284166981.md) - [Tim Cook May Have Bought Nike Stock, But The Sneaker Giant Faces Potential 'Generational Reset,' Says This Analyst](https://longbridge.com/en/news/283779232.md) - [Nike stumbled with the people it counts on most: runners](https://longbridge.com/en/news/283395705.md)