Nexstar Media Group, Inc. (NASDAQ:NXST – Get Free Report) EVP Lee Ann Gliha sold 373 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $170.81, for a total value of $63,712.13. Following the completion of the sale, the executive vice president owned 20,075 shares of the company’s stock, valued at approximately $3,429,010.75. This trade represents a 1.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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, June 10th, Lee Ann Gliha sold 752 shares of Nexstar Media Group stock. The shares were sold at an average price of $176.42, for a total value of $132,667.84.
- On Thursday, June 4th, Lee Ann Gliha sold 258 shares of Nexstar Media Group stock. The shares were 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 shares were sold at an average price of $187.32, for a total value of $138,991.44.
Nexstar Media Group Price Performance
Shares of NXST stock traded down $0.18 during trading on Tuesday, hitting $172.11. The company had a trading volume of 347,259 shares, compared to its average volume of 321,549. 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 firm has a market capitalization of $5.26 billion, a P/E ratio of 36.93, a price-to-earnings-growth ratio of 0.43 and a beta of 0.91. The stock’s 50-day moving average price is $190.81 and its 200 day moving average price is $207.01. Nexstar Media Group, Inc. has a one year low of $164.00 and a one year high of $254.30.
Nexstar Media Group Dividend Announcement
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its holdings in Nexstar Media Group by 0.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,402,272 shares of the company’s stock valued at $284,738,000 after purchasing an additional 10,949 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Nexstar Media Group by 2.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,181,727 shares of the company’s stock valued at $239,950,000 after purchasing an additional 23,360 shares during the period. Alliancebernstein L.P. lifted its holdings in shares of Nexstar Media Group by 27.1% during the 2nd quarter. Alliancebernstein L.P. now owns 882,322 shares of the company’s stock worth $152,598,000 after acquiring an additional 187,864 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Nexstar Media Group by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 773,443 shares of the company’s stock worth $157,114,000 after acquiring an additional 13,084 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its holdings in shares of Nexstar Media Group by 1.8% during the 1st quarter. Janus Henderson Group PLC now owns 643,864 shares of the company’s stock worth $116,427,000 after acquiring an additional 11,477 shares during the last quarter. 95.30% of the stock is owned by institutional investors.
Nexstar Media Group News Roundup
Here are the key news stories impacting Nexstar Media Group this week:
- Positive Sentiment: Shareholders approved all proposals at Nexstar’s 2026 annual meeting, including board elections, executive pay, auditor ratification, and the 2026 long-term incentive plan. This removes an overhang and signals shareholder backing of management. Nexstar Media Group Shareholders Approve All Proposals at 2026 Annual Shareholder Meeting
- Positive Sentiment: Nexstar’s TEGNA-owned Locked On Podcast Network said it is on track to reach 1 billion listens, views, and social engagements by the end of 2026, highlighting strong audience growth and engagement in digital media. Locked On Podcast Network Approaches One Billion Listens, Views and Social Engagements
- Neutral Sentiment: Multiple Nexstar executives, including the CFO, COO, and several EVPs, sold shares at the same price to cover tax withholding tied to vesting equity awards. These sales were routine and disclosed in SEC filings, but the volume of insider selling may still weigh on sentiment. SEC filing
- Neutral Sentiment: Over the past six months, insiders have sold NXST shares repeatedly with no reported open-market purchases, which can raise caution among investors even though the transactions appear compensation-related. Insider buying and selling alert
Wall Street Analyst Weigh In
Several equities research analysts have commented on NXST shares. Guggenheim increased their price objective on shares of Nexstar Media Group from $250.00 to $290.00 and gave the company a “buy” rating in a research note on Friday, February 27th. Wall Street Zen upgraded shares of Nexstar Media Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Benchmark decreased their price objective on shares of 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. Wells Fargo & Company decreased their price target on shares of Nexstar Media Group from $290.00 to $253.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $290.00 price target on shares of Nexstar Media Group in a report on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $259.67.
Get Our Latest Stock Analysis on Nexstar Media Group
About Nexstar Media Group
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.
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