Insider Selling: Nexstar Media Group (NASDAQ:NXST) Insider Sells 5,000 Shares of Stock

Posted by Francis Steltz on May 19th, 2026

Nexstar Media Group, Inc. (NASDAQ:NXST – Get Free Report) insider Sean Compton sold 5,000 shares of the company’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $196.00, for a total transaction of $980,000.00. Following the completion of the sale, the insider directly owned 11,252 shares in the company, valued at $2,205,392. This represents a 30.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Nexstar Media Group Stock Down 3.7%

Shares of NASDAQ:NXST traded down $7.21 during midday trading on Tuesday, reaching $189.33. The company’s stock had a trading volume of 214,071 shares, compared to its average volume of 388,657. The firm has a 50 day moving average of $206.87 and a 200-day moving average of $208.25. The firm has a market capitalization of $5.78 billion, a P/E ratio of 40.54, a PEG ratio of 0.59 and a beta of 0.97. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 5.53. Nexstar Media Group, Inc. has a 12-month low of $164.00 and a 12-month high of $254.30.

Nexstar Media Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be given a $1.86 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $7.44 dividend on an annualized basis and a dividend yield of 3.9%. Nexstar Media Group’s dividend payout ratio is currently 159.66%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on NXST shares. Wall Street Zen upgraded shares of Nexstar Media Group from a “hold” rating to a “buy” rating in a research note on Saturday. Barrington Research reiterated an “outperform” rating and issued a $290.00 price target on shares of Nexstar Media Group in a research note on Tuesday, April 28th. Citigroup upgraded shares of Nexstar Media Group from a “neutral” rating to a “buy” rating and dropped their price target for the stock from $252.00 to $220.00 in a research note on Friday, April 10th. Guggenheim upped their price target on shares of Nexstar Media Group from $250.00 to $290.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Finally, Wells Fargo & Company lowered their target price on shares of Nexstar Media Group from $290.00 to $253.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Nexstar Media Group presently has a consensus rating of “Buy” and an average price target of $259.67.

Check Out Our Latest Stock Report on NXST

Hedge Funds Weigh In On Nexstar Media Group

Institutional investors have recently made changes to their positions in the business. CWA Asset Management Group LLC increased its holdings in Nexstar Media Group by 1.7% in the 4th quarter. CWA Asset Management Group LLC now owns 3,103 shares of the company’s stock worth $630,000 after acquiring an additional 51 shares in the last quarter. Merit Financial Group LLC increased its holdings in Nexstar Media Group by 1.6% in the 4th quarter. Merit Financial Group LLC now owns 3,571 shares of the company’s stock worth $725,000 after acquiring an additional 56 shares in the last quarter. Truist Financial Corp increased its holdings in Nexstar Media Group by 5.2% in the 4th quarter. Truist Financial Corp now owns 1,139 shares of the company’s stock worth $231,000 after acquiring an additional 56 shares in the last quarter. Verdence Capital Advisors LLC increased its holdings in Nexstar Media Group by 0.6% in the 3rd quarter. Verdence Capital Advisors LLC now owns 11,647 shares of the company’s stock worth $2,222,000 after acquiring an additional 68 shares in the last quarter. Finally, WPG Advisers LLC increased its holdings in Nexstar Media Group by 65.7% in the 4th quarter. WPG Advisers LLC now owns 179 shares of the company’s stock worth $36,000 after acquiring an additional 71 shares in the last quarter. Institutional investors own 95.30% of the company’s stock.

About Nexstar Media Group

(Get Free Report)

Nexstar Media Group, Inc is a diversified American media company engaged primarily in the ownership, operation and strategic affiliation of local television stations, digital platforms and cable networks. The company provides a range of broadcast content, including local news, sports coverage, entertainment programming and syndicated shows, reaching audiences in more than 100 television markets across the United States.

Founded in 1996 by entrepreneur Perry Sook and headquartered in Irving, Texas, Nexstar has built its presence through organic growth and a series of high-profile acquisitions.