New insider activity at Nexstar Media Group ( (NXST) ) has taken place on March 29, 2025.
Director Charles Thomas Mcmillen has recently sold 1,000 shares of Nexstar Media Group stock, amounting to a total transaction value of $151,730.
Recent Updates on NXST stock
In the latest developments for Nexstar Media Group, several analysts have adjusted their price targets and ratings for the company. Guggenheim raised its price target to $220, reflecting positive Q4 earnings results and management’s outlook, with expectations of stable distribution and core advertising. Loop Capital upgraded Nexstar to Buy, citing strong quarterly results, potential benefits from broadcasting deregulation, and a solid balance sheet. Benchmark also increased its price target to $225, highlighting Nexstar’s distinct performance compared to peers and the potential for further growth even without regulatory changes. These updates come amidst Nexstar’s record revenue growth and strategic positioning in the broadcasting sector.
More about Nexstar Media Group
YTD Price Performance: 15.02%
Average Trading Volume: 451,436
Technical Sentiment Signal: Strong Sell
Current Market Cap: $5.48B