Insider Selling: Nexstar Media Group (NASDAQ:NXST) EVP Sells 258 Shares of Stock

Posted by Stanley Muller on Jun 5th, 2026

Nexstar Media Group, Inc. (NASDAQ:NXST – Get Free Report) EVP Lee Ann Gliha sold 258 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $182.42, for a total transaction of $47,064.36. Following the completion of the transaction, the executive vice president owned 18,387 shares in the company, valued at approximately $3,354,156.54. This trade represents a 1.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Lee Ann Gliha also recently made the following trade(s):

On Wednesday, May 27th, Lee Ann Gliha sold 742 shares of Nexstar Media Group stock. The shares were sold at an average price of $187.32, for a total transaction of $138,991.44.

Nexstar Media Group Trading Up 0.6%

Nexstar Media Group stock traded up $1.01 during trading on Friday, hitting $182.02. The company’s stock had a trading volume of 207,222 shares, compared to its average volume of 333,002. The stock has a market capitalization of $5.56 billion, a price-to-earnings ratio of 39.06, a P/E/G ratio of 0.45 and a beta of 0.91. The stock’s fifty day moving average is $193.11 and its 200 day moving average is $207.52. Nexstar Media Group, Inc. has a 1-year low of $164.00 and a 1-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.

Nexstar Media Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were paid a $1.86 dividend. This represents a $7.44 annualized dividend and a yield of 4.1%. The ex-dividend date was Friday, May 15th. Nexstar Media Group’s dividend payout ratio is presently 159.66%.

Institutional Investors Weigh In On Nexstar Media Group

A number of institutional investors have recently added to or reduced their stakes in NXST. Torren Management LLC purchased a new stake in Nexstar Media Group during the fourth quarter valued at about $28,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Nexstar Media Group in the third quarter worth about $28,000. WPG Advisers LLC boosted its position in shares of Nexstar Media Group by 65.7% in the fourth quarter. WPG Advisers LLC now owns 179 shares of the company’s stock worth $36,000 after buying an additional 71 shares during the period. Hantz Financial Services Inc. boosted its position in shares of Nexstar Media Group by 164.5% in the third quarter. Hantz Financial Services Inc. now owns 201 shares of the company’s stock worth $40,000 after buying an additional 125 shares during the period. Finally, State of Wyoming purchased a new stake in shares of Nexstar Media Group in the second quarter worth about $54,000. Hedge funds and other institutional investors own 95.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Citigroup upgraded Nexstar Media Group from a “neutral” rating to a “buy” rating and dropped their target price for the company from $252.00 to $220.00 in a research note on Friday, April 10th. Barrington Research reiterated an “outperform” rating and issued a $290.00 target price on shares of Nexstar Media Group in a research note on Tuesday, April 28th. Wall Street Zen upgraded Nexstar Media Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Zacks Research upgraded Nexstar Media Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 13th. Finally, Benchmark dropped their target price on Nexstar Media Group from $300.00 to $250.00 and set a “buy” rating for the company in a research note on Monday, April 6th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $259.67.

View Our Latest Stock Report on Nexstar Media Group

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.