Insider Selling: New York Times (NYSE:NYT) Director Sells 9,000 Shares of Stock

Posted by Brian Himes on May 12th, 2026

The New York Times Company (NYSE:NYT – Get Free Report) Director David Perpich sold 9,000 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $77.06, for a total value of $693,540.00. Following the transaction, the director directly owned 28,469 shares of the company’s stock, valued at approximately $2,193,821.14. The trade was a 24.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

New York Times Stock Up 0.8%

Shares of NYT stock traded up $0.61 during trading hours on Tuesday, hitting $77.94. 1,745,745 shares of the company’s stock were exchanged, compared to its average volume of 2,294,907. The firm has a market cap of $12.57 billion, a P/E ratio of 33.45, a P/E/G ratio of 1.70 and a beta of 0.98. The firm has a 50 day moving average of $81.15 and a two-hundred day moving average of $72.46. The New York Times Company has a fifty-two week low of $51.03 and a fifty-two week high of $87.10.

New York Times (NYSE:NYT – Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.12. The business had revenue of $712.24 million during the quarter, compared to the consensus estimate of $699.93 million. New York Times had a return on equity of 22.02% and a net margin of 13.18%.The business’s quarterly revenue was up 12.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.41 EPS. On average, equities analysts forecast that The New York Times Company will post 2.84 earnings per share for the current fiscal year.

Hedge Funds Weigh In On New York Times

A number of hedge funds have recently modified their holdings of NYT. Berkshire Hathaway Inc purchased a new position in shares of New York Times during the 4th quarter worth $351,664,000. Bank of Montreal Can lifted its stake in New York Times by 10,018.3% during the 4th quarter. Bank of Montreal Can now owns 2,316,172 shares of the company’s stock worth $160,789,000 after acquiring an additional 2,293,281 shares in the last quarter. AQR Capital Management LLC lifted its stake in New York Times by 78.1% during the 2nd quarter. AQR Capital Management LLC now owns 4,187,888 shares of the company’s stock worth $233,265,000 after acquiring an additional 1,836,788 shares in the last quarter. Egerton Capital UK LLP acquired a new position in New York Times during the 4th quarter worth about $97,882,000. Finally, Two Sigma Investments LP lifted its stake in New York Times by 98.5% during the 3rd quarter. Two Sigma Investments LP now owns 2,055,628 shares of the company’s stock worth $117,993,000 after acquiring an additional 1,020,031 shares in the last quarter. 95.37% of the stock is currently owned by hedge funds and other institutional investors.

New York Times News Summary

Here are the key news stories impacting New York Times this week:

Positive Sentiment: Zacks called New York Times Co. a strong momentum stock, reinforcing investor interest in the shares. Zacks article
Positive Sentiment: Seeking Alpha said NYT posted strong Q1 results, led by 31.6% digital ad growth and solid subscriber gains, which supports the company’s fundamentals. Seeking Alpha article
Neutral Sentiment: The company published several timely, high-interest stories on inflation, war, politics, and consumer costs that could help traffic and engagement, but the direct stock impact is uncertain. NYT inflation article
Neutral Sentiment: Additional coverage of sports, culture, and dining likely supports audience engagement, though these items are not major stock drivers on their own. Best Restaurants in NYC

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Argus raised New York Times to a “strong-buy” rating in a research note on Thursday, February 19th. Bank of America started coverage on New York Times in a research note on Wednesday, April 22nd. They issued a “neutral” rating and a $84.00 price objective for the company. Morgan Stanley set a $90.00 target price on New York Times in a report on Thursday, May 7th. Wall Street Zen upgraded New York Times from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Guggenheim upped their target price on New York Times from $63.00 to $70.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $80.78.

Check Out Our Latest Stock Analysis on NYT

New York Times Company Profile

(Get Free Report)

The New York Times Company is a publicly traded media organization best known for publishing The New York Times newspaper and operating the NYTimes.com digital platform. The company produces daily print and digital journalism covering national and international news, opinion pieces, feature stories, and multimedia content. Alongside its flagship newspaper, the firm offers a range of subscription-based services, including Times Cooking, NYT Games, podcasts and newsletters, designed to engage a broad audience of readers and advertisers.

Founded in 1851 by Henry Jarvis Raymond and George Jones, The New York Times has built a reputation for in-depth reporting and investigative journalism.