Insider Selling: Nexstar Media Group (NASDAQ:NXST) EVP Sells $132,667.84 in Stock

Posted by Geri Gentry on Jun 14th, 2026

Nexstar Media Group, Inc. (NASDAQ:NXST – Get Free Report) EVP Lee Ann Gliha sold 752 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $176.42, for a total value of $132,667.84. Following the sale, the executive vice president directly owned 19,510 shares in the company, valued at $3,441,954.20. This trade represents a 3.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 Thursday, June 4th, Lee Ann Gliha sold 258 shares of Nexstar Media Group stock. The stock was sold at an average price of $182.42, for a total value of $47,064.36.
On Wednesday, May 27th, Lee Ann Gliha sold 742 shares of Nexstar Media Group stock. The stock was sold at an average price of $187.32, for a total value of $138,991.44.

Nexstar Media Group Price Performance

Shares of NASDAQ:NXST opened at $174.50 on Friday. The business’s 50 day simple moving average is $191.14 and its 200-day simple moving average is $207.13. The firm has a market capitalization of $5.33 billion, a price-to-earnings ratio of 37.45, a price-to-earnings-growth ratio of 0.44 and a beta of 0.91. The company has a debt-to-equity ratio of 5.53, a current ratio of 1.76 and a quick ratio of 1.76. 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 company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were paid a dividend of $1.86 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $7.44 annualized dividend and a dividend yield of 4.3%. Nexstar Media Group’s payout ratio is 159.66%.

Institutional Investors Weigh In On Nexstar Media Group

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. NewEdge Advisors LLC lifted its stake in Nexstar Media Group by 7,750.4% in the 1st quarter. NewEdge Advisors LLC now owns 9,028 shares of the company’s stock valued at $1,633,000 after buying an additional 8,913 shares in the last quarter. Western Wealth Management LLC purchased a new stake in Nexstar Media Group in the 1st quarter valued at approximately $1,229,000. Bank of America Corp DE lifted its stake in Nexstar Media Group by 17.0% in the 1st quarter. Bank of America Corp DE now owns 173,269 shares of the company’s stock valued at $31,332,000 after buying an additional 25,193 shares in the last quarter. Janus Henderson Group PLC lifted its stake in Nexstar Media Group by 1.8% in the 1st quarter. Janus Henderson Group PLC now owns 643,864 shares of the company’s stock valued at $116,427,000 after buying an additional 11,477 shares in the last quarter. Finally, Strategic Investment Advisors MI purchased a new stake in Nexstar Media Group in the 1st quarter valued at approximately $154,000. Hedge funds and other institutional investors own 95.30% of the company’s stock.

Key Stories Impacting Nexstar Media Group

Here are the key news stories impacting Nexstar Media Group this week:

Neutral Sentiment: Several Nexstar executives, including Blake Russell, Andrew Alford, Sean Compton, Dana Zimmer, and Lee Ann Gliha, sold shares at $176.42. The filings say these were tax-withholding sales tied to equity award vesting, which usually makes them less concerning than discretionary insider selling. Nexstar Media Group insider filing
Neutral Sentiment: Recent coverage noted that NXST has been weakening over the past month and remains below key moving averages, suggesting bearish momentum may be contributing to the stock’s decline. Nexstar Media Group stock down article
Neutral Sentiment: Nexstar continues to offer a sizable dividend yield, but the payout ratio is elevated, which may limit upside enthusiasm from income investors. Nexstar Media Group stock page

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on NXST shares. Benchmark decreased their price target on Nexstar Media Group from $300.00 to $250.00 and set a “buy” rating on the stock in a research note on Monday, April 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Nexstar Media Group in a research note on Wednesday, May 27th. Guggenheim boosted their price target on Nexstar Media Group from $250.00 to $290.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Deutsche Bank Aktiengesellschaft decreased their price target on Nexstar Media Group from $270.00 to $255.00 and set a “buy” rating on the stock in a research note on Monday, May 11th. Finally, Wells Fargo & Company reduced their target price on 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 assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $259.67.

View Our Latest 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.