Dana Zimmer Sells 4,008 Shares of Nexstar Media Group (NASDAQ:NXST) Stock

Posted by Geri Gentry on Aug 19th, 2026

Nexstar Media Group, Inc. (NASDAQ:NXST – Get Free Report) insider Dana Zimmer sold 4,008 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $187.46, for a total value of $751,339.68. Following the transaction, the insider owned 1,792 shares of the company’s stock, valued at $335,928.32. This represents a 69.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Dana Zimmer also recently made the following trade(s):

On Tuesday, June 16th, Dana Zimmer sold 876 shares of Nexstar Media Group stock. The shares were sold at an average price of $170.81, for a total transaction of $149,629.56.
On Wednesday, June 10th, Dana Zimmer sold 915 shares of Nexstar Media Group stock. The stock was sold at an average price of $176.42, for a total transaction of $161,424.30.
On Thursday, June 4th, Dana Zimmer sold 433 shares of Nexstar Media Group stock. The stock was sold at an average price of $182.42, for a total transaction of $78,987.86.
On Wednesday, May 27th, Dana Zimmer sold 465 shares of Nexstar Media Group stock. The stock was sold at an average price of $187.32, for a total transaction of $87,103.80.

Nexstar Media Group Trading Down 1.2%

Shares of NXST stock opened at $182.57 on Wednesday. The company has a market capitalization of $5.62 billion, a P/E ratio of 35.04 and a beta of 0.91. Nexstar Media Group, Inc. has a 12-month low of $154.47 and a 12-month high of $254.30. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 5.09. The firm has a 50-day moving average price of $180.10 and a 200 day moving average price of $199.51.

Nexstar Media Group (NASDAQ:NXST – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $3.61 earnings per share for the quarter, missing the consensus estimate of $5.98 by ($2.37). The firm had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.97 billion. Nexstar Media Group had a return on equity of 24.02% and a net margin of 3.20%.Nexstar Media Group’s quarterly revenue was up 62.2% compared to the same quarter last year. During the same period in the prior year, the company posted $3.06 earnings per share. Research analysts forecast that Nexstar Media Group, Inc. will post 32.88 earnings per share for the current fiscal year.

Nexstar Media Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be issued a $1.86 dividend. This represents a $7.44 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Friday, August 14th. Nexstar Media Group’s payout ratio is presently 142.80%.

Analyst Ratings Changes

NXST has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft dropped their price target on Nexstar Media Group from $270.00 to $255.00 and set a “buy” rating for the company in a report on Monday, May 11th. Zacks Research lowered Nexstar Media Group from a “hold” rating to a “strong sell” rating in a research note on Monday, August 10th. Barrington Research restated an “outperform” rating and set a $290.00 target price on shares of Nexstar Media Group in a report on Tuesday, April 28th. Wells Fargo & Company lowered their target price on Nexstar Media Group from $253.00 to $249.00 and set an “overweight” rating for the company in a research note on Friday, August 7th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nexstar Media Group in a report on Wednesday, May 27th. Six analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Nexstar Media Group presently has an average rating of “Moderate Buy” and an average price target of $259.00.

Read Our Latest Stock Analysis on NXST

Institutional Trading of Nexstar Media Group

Several hedge funds have recently modified their holdings of the stock. Bank of America Corp DE raised its position in shares of Nexstar Media Group by 17.0% during the 1st quarter. Bank of America Corp DE now owns 173,269 shares of the company’s stock valued at $31,332,000 after acquiring an additional 25,193 shares during the last quarter. Sentinel Dome Partners LLC bought a new position in shares of Nexstar Media Group in the 4th quarter worth $2,315,000. CPC Advisors LLC grew its stake in shares of Nexstar Media Group by 114.3% during the first quarter. CPC Advisors LLC now owns 26,651 shares of the company’s stock worth $4,819,000 after purchasing an additional 14,217 shares during the period. Geode Capital Management LLC grew its stake in shares of Nexstar Media Group by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 773,443 shares of the company’s stock worth $157,114,000 after purchasing an additional 13,084 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in Nexstar Media Group by 3,648.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 64,995 shares of the company’s stock valued at $13,197,000 after purchasing an additional 63,261 shares during the last quarter. 95.30% of the stock is owned by institutional investors.

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.