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Worn Nike sneaker under spotlight with rising stock chart in background symbolizing a potential turnaround investment

$1M Buys: Is Nike (NKE) Too Cheap to Ignore? 👟

Nike (NKE) is down sharply—but insiders are buying aggressively. From valuation reset to brand power, here’s why this could be a long-term opportunity. 👟

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Chart illustration showing software sector valuations falling from around 40× earnings to roughly 22×, alongside icons representing insider buying and hedge fund positioning shifts.

🧠 Software’s Great Reset — And Why Insiders Are Buying

The North America Software Index has quietly reset, with valuations nearly halving to around 22× earnings. Hedge funds are closing shorts and insiders are buying shares of companies like ServiceNow, CoStar, and The Trade Desk. After one of the sharpest valuation compressions in years, opportunity may be emerging in software.

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