Apple CEO Pours $2,940,000 Into Stock That Billionaire Paul Tudor Jones Has Placed Massive Bullish Bet On

Apple chief govt Tim Prepare dinner is piling money into shares of a well-liked athletic agency that has seen its inventory worth plummet greater than 60% during the last 4 years.

A brand new submitting with the Securities and Alternate Fee (SEC) shows Prepare dinner acquired 50,000 shares of Nike’s (NKE) Class B frequent inventory at $58.97 final month.

With the latest $2.94 million buy, Prepare dinner owns 105,480 NKE shares price about $5.50 million at present costs.

The Apple CEO just isn’t the one one bullish on Nike regardless of its deep correction from an all-time excessive of $179.10, which it hit in November of 2021.

In the meantime, a 13F submitting with the SEC shows billionaire Paul Tudor Jones’s Tudor Funding positioned name choices overlaying greater than 1 million shares of NKE price $71.63 million in Q3 of 2025. The asset supervisor additionally holds 140,700 NKE places price $9.811 million as a hedge whereas proudly owning 26,447 Nike shares valued at $1.844 million.

In choices buying and selling, a name provides the client the best, however not the duty, to purchase an asset at a strike worth. Patrons are usually bullish as they count on the value of the asset to soar above the strike worth. In the meantime, a put choice can function a hedge for an entity’s core inventory holding if the asset falls under the strike worth.

NKE is at the moment buying and selling at $63.10, whereas its Class B frequent inventory is price $52.22.

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