Lindsey Knapp Sells 290 Shares of Nexstar Media Group (NASDAQ:NXST) Stock

Posted by Brian Himes on Jun 5th, 2026

Nexstar Media Group, Inc. (NASDAQ:NXST – Get Free Report) EVP Lindsey Knapp sold 290 shares of the business’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $184.27, for a total value of $53,438.30. Following the completion of the sale, the executive vice president directly owned 870 shares in the company, valued at $160,314.90. This represents a 25.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Lindsey Knapp also recently made the following trade(s):

On Wednesday, May 27th, Lindsey Knapp sold 92 shares of Nexstar Media Group stock. The stock was sold at an average price of $187.32, for a total value of $17,233.44.

Nexstar Media Group Stock Down 0.3%

NXST opened at $181.01 on Friday. Nexstar Media Group, Inc. has a one year low of $164.00 and a one year high of $254.30. The company has a debt-to-equity ratio of 5.53, a quick ratio of 1.76 and a current ratio of 1.76. The stock’s fifty day moving average is $193.83 and its 200-day moving average is $207.70. The company has a market capitalization of $5.53 billion, a PE ratio of 38.84, a P/E/G ratio of 0.46 and a beta of 0.91.

Nexstar Media Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were paid a $1.86 dividend. This represents a $7.44 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Friday, May 15th. Nexstar Media Group’s payout ratio is currently 159.66%.

Hedge Funds Weigh In On Nexstar Media Group

A number of hedge funds have recently modified their holdings of the stock. Principal Financial Group Inc. grew its holdings in shares of Nexstar Media Group by 63.0% during the third quarter. Principal Financial Group Inc. now owns 488,292 shares of the company’s stock valued at $96,557,000 after buying an additional 188,695 shares in the last quarter. Allianz Asset Management GmbH grew its holdings in shares of Nexstar Media Group by 43.1% during the third quarter. Allianz Asset Management GmbH now owns 279,336 shares of the company’s stock valued at $55,236,000 after buying an additional 84,163 shares in the last quarter. Advisors Asset Management Inc. grew its holdings in shares of Nexstar Media Group by 19.9% during the third quarter. Advisors Asset Management Inc. now owns 27,849 shares of the company’s stock valued at $5,507,000 after buying an additional 4,616 shares in the last quarter. Alps Advisors Inc. grew its holdings in shares of Nexstar Media Group by 2,272.2% during the third quarter. Alps Advisors Inc. now owns 49,460 shares of the company’s stock valued at $9,780,000 after buying an additional 47,375 shares in the last quarter. Finally, M&T Bank Corp grew its holdings in shares of Nexstar Media Group by 2,573.4% during the fourth quarter. M&T Bank Corp now owns 140,112 shares of the company’s stock valued at $28,494,000 after buying an additional 134,871 shares in the last quarter. 95.30% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on NXST. Barrington Research restated an “outperform” rating and issued a $290.00 target price on shares of Nexstar Media Group in a report on Tuesday, April 28th. Wall Street Zen upgraded Nexstar Media Group from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Wells Fargo & Company decreased their target price on Nexstar Media Group from $290.00 to $253.00 and set an “overweight” rating on the stock in a report on Friday, May 8th. Citigroup upgraded Nexstar Media Group from a “neutral” rating to a “buy” rating and decreased their target price for the stock from $252.00 to $220.00 in a report on Friday, April 10th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on Nexstar Media Group from $270.00 to $255.00 and set a “buy” rating on the stock in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $259.67.

Check Out Our Latest Stock Analysis on NXST

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.