CX Institutional Trims Stake in Nexstar Media Group, Inc. $NXST
CX Institutional significantly reduced its stake in Nexstar Media Group, Inc. by 77.7% in the third quarter of 2026, selling over 31,000 shares and retaining 9,032 shares valued at approximately $1.46 million. Despite institutional investors owning 95.3% of the company, Nexstar's stock is trading near its one-year low, and its latest quarterly earnings missed expectations while revenue beat. The company offers a 4.8% dividend yield, but its payout ratio exceeds reported earnings, and analysts maintain a "Moderate Buy" rating with a target price of $256.50.
Nexstar Media Group stock hits 52-week low at 154.35 USD
Nexstar Media Group (NXST) stock has fallen to a 52-week low of $154.51, down 22.88% over the past year, attributed to challenges in the media sector. Despite this, InvestingPro data suggests the stock may be undervalued, highlighting a strong free cash flow yield of 15% and a 4.69% dividend yield. The company recently reported record Q2 revenue of $1.99 billion due to the TEGNA acquisition, though adjusted EPS missed estimates due to associated costs.
Nexstar Media Group (NASDAQ:NXST) Sets New 12-Month Low - Here's What Happened
Nexstar Media Group (NASDAQ:NXST) recently hit a new 52-week low of $154.35, trading well below its moving averages despite broadly positive analyst sentiment with an average price target of $256.50. The company reported a 62.2% year-over-year revenue increase to $1.99 billion but missed EPS estimates, reporting $3.61 against a $5.98 consensus. Insider selling and institutional investor activity were also noted.
Nexstar’s Kansas Television Stations To Air Live Debate Between Candidates for U.S. Senate
Nexstar Media Group announced that its Kansas television stations will host a live debate between U.S. Senate candidates Roger Marshall (incumbent Republican) and Adam Hamilton (Democrat). The "Debate Night in Kansas" event is scheduled for October 21st, from 7 p.m. to 8 p.m. CT, moderated by FOX4’s John Holt, and will cover critical issues like economic growth, infrastructure, and healthcare. It will be broadcast live on four Nexstar stations and streamed digitally, with excerpts appearing on NewsNation and The Hill.
Nexstar’s Kansas television stations to air live debate between candidates for U.S. Senate
Nexstar Media Group announced that its Kansas television stations will host a live debate between U.S. Senate candidates Roger Marshall (R) and Adam Hamilton (D) on October 21st. Titled "Debate Night in Kansas," the event will be moderated by FOX4's John Holt and will cover key issues such as economic growth, infrastructure, and healthcare. The debate will be broadcast live on four Nexstar stations and streamed digitally, with excerpts appearing on NewsNation and The Hill.
An officer proposes selling 2,823 Nexstar Media Group (NXST) shares.
Nexstar Media Group officer Andy Alford has proposed selling 2,823 common shares of NXST, valued at approximately $467,742.87, with an approximate sale date of September 23, 2026. These shares were acquired through restricted stock vesting on May 17, 2025 (1,662 shares) and March 24, 2026 (1,161 shares). Fidelity Brokerage Services LLC is listed as the broker for this proposed transaction.
Form 4 Nexstar Media Group Inc For: 23 September By Investing.com
This article reports on a Form 4 filing for Nexstar Media Group Inc., dated September 23. It provides the financial markets newswire for the event. The brief article is essentially a notification of the filing.
Nexstar Media Group (NASDAQ:NXST) Insider Andrew Alford Sells 2,823 Shares of Stock
Nexstar Media Group insider Andrew Alford sold 2,823 shares of the company's stock for over $467,000, reducing his ownership by 19.4%. The company's stock closed at $165.57, near its 52-week low, after reporting earnings that missed analyst estimates despite a significant revenue increase. Nexstar maintains a "Moderate Buy" consensus rating from analysts with an average price target of $256.50 and offers a 4.5% annualized dividend yield.
Nexstar Media Group's Broadcasting President Andrew Alford Sells 2,823 Shares at $165.69 Each
Andrew Alford, President of Broadcasting at Nexstar Media Group, sold 2,823 shares of the company's common stock at $165.69 each on September 23, 2026. This open-market sale reduced Alford's direct beneficial ownership to 11,726 shares. The transaction was revealed in an SEC Form 4 filing and was not executed under a Rule 10b5-1(c) trading plan.
Nexstar (NXST) broadcasting president Andrew Alford sold shares at $165.69 each.
Andrew Alford, President of Broadcasting at Nexstar Media Group (NXST), sold 2,823 shares of common stock at $165.69 per share on September 23, 2026. Following this direct sale, Alford's direct holdings in the company amount to 11,726 shares. The transaction, valued at approximately $468,000, was an open market or private transaction and did not involve a Rule 10b5-1 plan.
Form 4 Nexstar Media Group Inc For: 23 September By Investing.com
This article reports on a Form 4 filing for Nexstar Media Group Inc., specifically noting the filing date of September 23. Form 4 documents are used to report changes in beneficial ownership of a company's securities by insiders. The article includes the stock symbol NXST and its current performance.
Nexstar Media Group stock gains as earnings point to November
Nexstar Media Group (NXST) stock closed up 0.83% at USD 167.53 on September 23, 2026, ahead of its next earnings report on November 5, 2026. Despite second-quarter revenue reaching USD 1.99 billion, the reported earnings per share of USD 4.98 fell below estimates. The stock remains below its yearly high, with a market capitalization of USD 5.161 billion.
Nexstar’s Iowa TV stations to air live debate between candidates for U.S. Senate
Nexstar Media Group announced that its Iowa television stations will air a live U.S. Senate debate between Republican nominee Ashley Hinson and Democratic nominee Josh Turek. The "Debate Night in Iowa" event will take place on October 13, 2026, and will be broadcast on multiple Nexstar affiliates and streamed online, focusing on key voter issues. This initiative underscores Nexstar's commitment to public service and informing local communities ahead of the midterm election.
Nexstar’s Iowa television stations to air live debate between candidates for U.S. Senate
Nexstar Media Group announced that its Iowa television stations will host a live debate titled "Debate Night in Iowa" between U.S. Senate candidates Ashley Hinson (R) and Josh Turek (D). The debate, moderated by Amanda Krenz and Tim Seaman, will cover critical topics like immigration, education, and agriculture. It will be aired on October 13 from 9 p.m. to 10 p.m. CT across multiple Nexstar stations and their digital platforms, serving as a public service for Iowa voters.
Nexstar Media Group Jumps 6.4% Amid Sector-Wide Rally
Nexstar Media Group (NXST) saw a 6.4% increase in its stock price, closing at $166.62, as part of a broader sector-wide rally in broadcasting. The surge was attributed to general market momentum and renewed optimism for the sector rather than company-specific news. Several of Nexstar's peers also experienced significant gains, indicating a collective reassessment of the broadcasting industry by investors.
Sinclair and Nexstar Partner to Increase Awareness of NextGenTV
Sinclair, Inc. and Nexstar Media Group, Inc. announced a joint consumer education campaign, "GoNextGenTV," to increase awareness and understanding of NextGenTV technology. Launching September 17 across 13 U.S. markets, the campaign will use on-air promotions, digital, and social content to highlight the benefits of ATSC 3.0, such as improved picture and sound and enhanced interactivity. This initiative builds on Sinclair's successful pilot program in Columbus, Ohio, aiming to accelerate consumer adoption of NextGenTV.
Nexstar’s Michigan Television Stations to Air Exclusive Live Debates Between Candidates for Governor and U.S. Senate
Nexstar Media Group announced that its Michigan television stations will air two exclusive live debates: one for gubernatorial candidates on October 6 and another for U.S. Senate candidates on October 8. Both debates will be moderated by WOOD-TV political reporter Rick Albin and will focus on key issues such as technology, healthcare, immigration policy, and the economy. The events aim to inform Michigan voters about the candidates' positions ahead of the elections.
California State Teachers Retirement System Acquires 5,890,761 Shares of Nexstar Media Group, Inc. $NXST
The California State Teachers Retirement System significantly increased its holdings in Nexstar Media Group by purchasing 5.89 million shares, bringing its total ownership to 5.92 million shares. Despite Nexstar reporting strong revenue growth, its earnings per share missed analyst estimates. The stock currently offers a 4.4% dividend yield, and analysts hold a "Moderate Buy" consensus rating with an average price target of $256.50.
9,000 Shares in Nexstar Media Group, Inc. $NXST Bought by VIRGINIA RETIREMENT SYSTEMS ET Al
Virginia Retirement Systems acquired 9,000 shares of Nexstar Media Group (NASDAQ:NXST) valued at approximately $1.6 million in the second quarter. Institutional investors and hedge funds own 95.3% of the company's stock. Nexstar Media Group reported quarterly EPS of $3.61, missing consensus estimates, and pays a quarterly dividend of $1.86, representing a 4.4% yield.
Nexstar Media Group (NASDAQ:NXST) Stock Price Up 4.4% - Still a Buy?
Nexstar Media Group (NASDAQ:NXST) saw its stock price increase by 4.4% in mid-day trading, despite an 88% decrease in trading volume compared to its average. Analyst sentiment is a "Moderate Buy" with an average price target of $256.50, although recent earnings per share of $3.61 missed consensus estimates. The company's dividend yield is 4.4% but its high payout ratio raises concerns about sustainability.
8,826 Shares in Nexstar Media Group, Inc. $NXST Acquired by Public Employees Retirement System of Ohio
The Public Employees Retirement System of Ohio recently acquired 8,826 shares of Nexstar Media Group (NASDAQ:NXST) valued at approximately $1.58 million, increasing institutional ownership to 95.3%. Despite a "Moderate Buy" consensus rating, the company reported mixed results with revenue exceeding expectations but EPS falling short, while also declaring a quarterly dividend. Insider transactions included CEO Perry Sook buying shares and an insider selling shares to cover tax obligations.
Paralel Advisors LLC Purchases New Shares in Nexstar Media Group, Inc. $NXST
Paralel Advisors LLC has acquired 12,792 shares of Nexstar Media Group, Inc. (NASDAQ:NXST) in the second quarter, a new stake valued at approximately $2.3 million. Other institutional investors have also adjusted their holdings, with institutional ownership of the company's stock standing at 95.30%. Nexstar Media Group reported mixed financial results, with revenue exceeding expectations but earnings per share missing consensus estimates, and the company announced a quarterly dividend of $1.86 per share.
Odyssean LLC Raises Stake in Nexstar Media Group, Inc. $NXST
Odyssean LLC significantly increased its holdings in Nexstar Media Group, Inc. by 188.6% in Q2, bringing its total to 17,036 shares valued at $3.04 million. Institutional investors now own 95.3% of the company, which holds a "Moderate Buy" consensus rating and an average price target of $259. Despite missing earnings per share estimates, Nexstar reported strong quarterly revenue growth of 62.2% year-over-year.
Here's How Much $100 Invested In Nexstar Media Gr 20 Years Ago Would Be Worth Today
An investment of $100 in Nexstar Media Group (NASDAQ: NXST) 20 years ago would now be worth $4,122.67, demonstrating the power of compounded returns. The company has outperformed the market over this period, with an average annual return of 20.65%. Nexstar Media Group currently has a market capitalization of $5.72 billion.
Nexstar EVP, Chief Technology and Digital Officer Brett Jenkins To Retire
Brett Jenkins, Nexstar's Executive Vice President and Chief Technology and Digital Officer, will retire from his full-time role on October 1st, transitioning to an executive advisor position. He will continue to oversee special projects, including his involvement with Edgebeam Wireless, LLC. Jenkins has been credited with significant technological advancements at Nexstar, including ATSC 3.0 expansion and the development of connected TV applications.
Nexstar Media : Executive Vice President and Chief Technology and Digital Officer Brett Jenkins To Retire October 1
Brett Jenkins, Nexstar Media Group's Executive Vice President and Chief Digital and Technology Officer, will retire from full-time work on October 1, transitioning to an Executive Advisor role to oversee special projects. Jenkins has been instrumental in Nexstar's technology advancements, including ATSC 3.0 expansion and the development of connected TV applications, and will continue his involvement with Edgebeam Wireless. His responsibilities will be reassigned among Nexstar's existing executive team.
Nexstar Media Group Inc (NXST) Director Bernadette Aulestia Sells 300 Shares
Bernadette Aulestia, a director at Nexstar Media Group Inc (NXST), recently sold 300 shares, bringing her total ownership to 4,383 shares. This transaction is part of a broader trend of insider selling at NXST, with 57 insider sells against only 1 buy over the past year. Despite this, GuruFocus's GF Value model suggests the stock is modestly undervalued, while guru ownership is balanced between buyers and sellers, presenting a mixed outlook for investors.
Nexstar Media Group (NASDAQ:NXST) Director Bernadette Aulestia Sells 300 Shares
Nexstar Media Group (NASDAQ:NXST) Director Bernadette Aulestia sold 300 shares of the company's stock for $56,040, reducing her holdings by 6.41%. This sale occurred despite the company's revenue rising 62.2% year-over-year to $1.99 billion, although its latest quarterly EPS of $3.61 missed estimates. Analysts maintain a "Moderate Buy" consensus for NXST with an average price target of $259.
Nexstar Media Group (NASDAQ:NXST) COO Michael Biard Sells 2,465 Shares
Nexstar Media Group COO Michael Biard sold 2,465 shares of NXST stock for $458,046.30, primarily to cover tax withholding related to vested equity awards, reducing his direct ownership by 10.55%. Despite missing EPS estimates in its latest quarterly results, the company's revenue increased by 62.2%, and it declared a $1.86 quarterly dividend, representing a 4.0% annualized yield. Analysts maintain a "Moderate Buy" rating with an average price target of $259, significantly above its current trading price of $186.24.
Nexstar media director Aulestia sells $56,040 in common stock
Bernadette S. Aulestia, a director at Nexstar Media Group Inc. (NASDAQ:NXST), sold 300 shares of common stock for $56,040 on August 24, 2026, at a price of $186.80 per share. Following the sale, she directly holds 4,383 shares. This transaction occurred amidst InvestingPro analysis suggesting the stock is undervalued, with analysts predicting significant upside despite a recent Q2 2026 earnings miss attributed to TEGNA acquisition costs.
Nexstar Media (NASDAQ: NXST) director may sell 300 shares from stock award
A director at Nexstar Media Group, Inc. (NXST), Bernadette S. Aulestia, has filed a Form 144 notice indicating a potential sale of 300 shares of common stock valued at $56,040. These shares originated from restricted stock vesting on May 17, 2022, as compensation. The proposed sale is planned for August 24, 2026, and will occur on NASDAQ.
Nexstar Media (NXST) exec plans new sale after two recent stock deals
Nexstar Media Group (NXST) officer Michael Biard plans to sell 2,465 common shares, valued at approximately $458,047, through Fidelity Brokerage Services. These shares are related to restricted stock vesting on August 21, 2026, and part of the sale is intended to cover tax obligations from the equity award distribution. This planned sale follows two previous sales by Biard in May and June 2026, totaling over 2,200 shares.
Nexstar Media Group to Participate in Upcoming Investor Conferences
Nexstar Media Group announced its executive management will participate in four institutional investor conferences in September 2026. Chairman and CEO Perry A. Sook and EVP and CFO Lee Ann Gliha will attend conferences hosted by Citi, BofA, and Goldman Sachs, with Gliha also attending Deutsche Bank's conference. Live webcasts of the fireside chats will be available on Nexstar's website.
Nexstar Media Group to Participate in Upcoming Investor Conferences
Nexstar Media Group announced its executive management will participate in four institutional investor conferences in September 2026, including the Citi 2026 Global TMT, BofA 2026 Media, Communications and Entertainment, Goldman Sachs Communacopia and Technology, and Deutsche Bank's 34th Annual Leveraged Finance Conferences. Chairman and CEO Perry A. Sook and EVP and CFO Lee Ann Gliha will represent the company, with webcasts available for some fireside chats.
Ally Financial Inc. Buys New Shares in Nexstar Media Group, Inc. $NXST
Ally Financial Inc. recently acquired 8,930 shares of Nexstar Media Group, Inc. valued at approximately $322,000 during the second quarter. Nexstar Media Group reported increased revenue but missed earnings per share estimates, while institutional investors and hedge funds now own 95.3% of the stock. The company also declared a quarterly dividend of $1.86 per share, and analysts maintain a "Moderate Buy" consensus despite mixed ratings.
Kiltearn Partners LLP Invests $5.26 Million in Nexstar Media Group, Inc. $NXST
Kiltearn Partners LLP has acquired a new stake in Nexstar Media Group (NASDAQ:NXST) worth approximately $5.26 million, representing 1.3% of the firm's portfolio. Despite Nexstar reporting quarterly revenue slightly above estimates, its earnings per share missed expectations. Analysts currently rate NXST as a "Moderate Buy" with an average price target of $259.00, while the company has also declared a quarterly dividend of $1.86.
Bislett Management LLC Makes New Investment in Nexstar Media Group, Inc. $NXST
Bislett Management LLC recently acquired 6,400 shares of Nexstar Media Group, Inc. valued at approximately $230,000, making it their 14th largest holding. Other institutional investors have also increased their stakes in Nexstar, with institutional ownership now at 95.30%. Despite missing quarterly earnings estimates, Nexstar reported strong revenue growth and announced a quarterly dividend, maintaining a "Moderate Buy" consensus from analysts.
Plato Investment Management Ltd Takes Position in Nexstar Media Group, Inc. $NXST
Plato Investment Management Ltd has acquired a new stake of 6,882 shares, valued at $246,000, in Nexstar Media Group (NASDAQ:NXST). Other hedge funds have also adjusted their positions in the company, which is 95.30% owned by institutional investors. Nexstar Media Group has a "Moderate Buy" consensus rating from analysts, despite recent price target reductions, and declared a quarterly dividend of $1.86 per share.
Foster & Motley Inc. Takes $8.53 Million Position in Nexstar Media Group, Inc. $NXST
Foster & Motley Inc. recently acquired a new position in Nexstar Media Group, Inc. (NASDAQ:NXST), purchasing 47,755 shares valued at approximately $8.53 million, representing about 0.16% of the company's stock. Several other institutional investors also adjusted their holdings in Nexstar Media Group, which saw a 1.2% stock decline, but still maintains a "Moderate Buy" consensus rating from analysts with an average price target of $259.00. The company announced a quarterly dividend of $1.86 per share, yielding 4.1% annually, despite missing analyst earnings estimates in its last quarterly report.
Nexstar Media Group, Inc. (NASDAQ:NXST) Receives Average Recommendation of "Moderate Buy" from Brokerages
Nexstar Media Group (NASDAQ: NXST) has received an average recommendation of "Moderate Buy" from eight brokerages, with an average 12-month price target of $259, significantly higher than its current share price of $182.57. While the company reported a 62.2% year-over-year revenue increase to $1.99 billion, its earnings per share of $3.61 missed the consensus estimate of $5.98. Nexstar also declared a quarterly dividend of $1.86 per share, representing a 4.1% annualized yield, despite a high payout ratio of 142.8%.
Court Backs Kansas in Nexstar-Tegna Antitrust Fight
A federal court has ordered Nexstar Media Group to unwind board-level ties with Tegna Inc., ruling that Nexstar violated a preliminary injunction in an antitrust dispute brought by Kansas and other states. The court directed Nexstar to remove executives from Tegna's board and mandated regular reports from both broadcasters, along with the appointment of a special master to ensure compliance. This ruling marks a victory for the states challenging Nexstar's acquisition of Tegna, arguing that the combination could weaken competition in local broadcasting markets despite the deal receiving prior clearance from federal regulators.
Insider Selling: Nexstar Media Group (NASDAQ:NXST) Insider Sells $751,339.68 in Stock
Nexstar Media Group (NASDAQ:NXST) insider Dana Zimmer sold 4,008 shares of the company's stock for $751,339.68, reducing her direct ownership by 69.1%. This sale is part of a series of transactions by Zimmer since late May. The company recently reported Q2 EPS of $3.61, missing analyst estimates, and announced a quarterly dividend of $1.86, representing a 4.0% annual yield.
Nexstar Media Group Insider Sold Shares Worth $751,352, According to a Recent SEC Filing
An insider at Nexstar Media Group recently sold shares valued at $751,352, as disclosed in a recent SEC filing. This transaction occurred on August 17, 2026, at 11:46 am EDT. The article also mentions Deutsche Bank adjusting Nexstar's price target to $240 from $255, while maintaining a Buy rating.
Nexstar Media Group Officer Sold Shares Worth Over $751K
Dana Zimmer, an Officer at Nexstar Media Group, sold 4,008 shares of common stock for a total of $751,351 on August 14, 2026. Following this transaction, Zimmer directly owns 1,792 shares. The sale is categorized as a direct ownership transaction.
Nexstar Media (NXST) exec dumps 4,008 company shares
Nexstar Media Group executive Dana Zimmer sold 4,008 shares of common stock at $187.463 per share on August 14, 2026. Following this transaction, Zimmer directly holds 1,792 shares of NXST. The sale was reported via a Form 4 filing and was not made under a Rule 10b5-1 trading plan.
Court sides with Kansas AG Kobach in Nexstar-Tegna antitrust case
A U.S. district court has sided with Kansas Attorney General Kris Kobach and other attorneys general in an antitrust case against Nexstar and Tegna. The court found that Nexstar violated a preliminary injunction by placing its executives on Tegna's Board of Directors. As a result, Nexstar must remove these employees, both companies must provide regular reporting to the states, and a special master will be appointed to ensure compliance with the injunction.
NewEdge Advisors LLC Purchases 8,913 Shares of Nexstar Media Group, Inc. $NXST
NewEdge Advisors LLC significantly increased its stake in Nexstar Media Group (NASDAQ:NXST) by purchasing an additional 8,913 shares, bringing its total holdings to 9,028 shares valued at approximately $1.63 million. Other institutional investors also adjusted their positions in Nexstar, which reported Q1 revenue of $1.99 billion, exceeding expectations, but missed EPS estimates with $3.61 per share against a $5.98 consensus. The company declared a quarterly dividend of $1.86 per share, and analysts currently hold a "Moderate Buy" consensus rating with an average target price of $259.00.
Nexstar Media Group, Inc. $NXST Shares Purchased by Bank of America Corp DE
Bank of America Corp DE increased its stake in Nexstar Media Group (NXST) by 17% in Q1, holding 173,269 shares worth $31.3 million. Institutional investors collectively own 95.3% of the company, which holds a "Moderate Buy" consensus rating from analysts with an average price target of $259. Despite a 62.2% year-over-year revenue increase to $1.99 billion, Nexstar reported Q1 EPS of $3.61, missing consensus estimates, and declared a quarterly dividend of $1.86.
Nxst insider (NXST) plans sale of 4,008 common shares after vesting
NEXSTAR MEDIA GROUP, INC. insider Dana Zimmer has filed a notice of intent to sell up to 4,008 shares of NXST common stock through Fidelity Brokerage Services, with sales anticipated by August 14, 2026. These shares are primarily from restricted stock vesting scheduled between March and June 2026. Zimmer has also made several common share sales in the past three months, generating aggregate proceeds from these transactions.
AI Helps ALS Patient Communicate Again in Award-Winning Story
Nexstar Media Group's local TV stations, KXAN-TV and WHO 13, have received two national Edward R. Murrow Awards for outstanding journalism. KXAN-TV was recognized for its investigative digital storytelling, while WHO 13 won for its "Hard News" story "Robin's Voice," highlighting an ALS patient who regained communication through AI technology. This recognition underscores Nexstar's commitment to local journalism.
