Billionaire Paul Tudor Jones and Insiders Love These 5 Stocks

3. NIKE, Inc. (NYSE:NKE)

Tudor Investment’s Q3 2023 Investment Value: $37.7 million

Insider Purchases: $1.3 million

Average Share Price: $110.29

NIKE, Inc. (NYSE:NKE) is a discretionary firm that sells sports apparel. The firm’s third quarter earnings were an interesting batch of results since while NIKE, Inc. (NYSE:NKE) missed analyst revenue estimates for the first time in two years, it still beat earnings and gross margin estimates.

By the end of this year’s June quarter, 70 among the 910 hedge funds profiled by Insider Monkey had held a stake in the company. NIKE, Inc. (NYSE:NKE)’s biggest investor in Q3 was Ken Fisher’s Fisher Asset Management courtesy of its $924 million stake.

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