Nexstar Media Group Inc’s filing revealed that its President, Distribution ZIMMER DANA unloaded Company’s shares for reported $0.2 million on May 20 ’24. In the deal valued at $167.43 per share,1,173 shares were sold. As a result of this transaction, ZIMMER DANA now holds 4,652 shares worth roughly $0.75 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, COMPTON SEAN sold 1,123 shares, generating $188,025 in total proceeds. Upon selling the shares at $167.43, the President, Networks now owns 12,551 shares.
Before that, ALFORD ANDREW sold 998 shares. Nexstar Media Group Inc shares valued at $167,097 were divested by the President, Broadcasting at a price of $167.43 per share. As a result of the transaction, ALFORD ANDREW now holds 10,097 shares, worth roughly $1.64 million.
Wells Fargo upgraded its Nexstar Media Group Inc [NXST] rating to an Overweight from a an Equal weight in a research note published on May 13, 2024; the price target was increased to $221 from $190. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in early December with a ‘”a Neutral”‘ rating. Wells Fargo also remained covering NXST and has decreased its forecast on November 09, 2022 with a “an Equal weight” recommendation from previously “an Overweight” rating. Rosenblatt revised its rating on September 06, 2022. It rated NXST as “a Buy” which previously was an “a Neutral”.
Price Performance Review of NXST
On Tuesday, Nexstar Media Group Inc [NASDAQ:NXST] saw its stock fall -3.01% to $162.18. Over the last five days, the stock has lost -9.74%. Nexstar Media Group Inc shares have risen nearly 3.46% since the year began. Nevertheless, the stocks have risen 1.17% over the past one year. While a 52-week high of $187.32 was reached on 05/14/24, a 52-week low of $132.30 was recorded on 02/08/24. SMA at 50 days reached $166.25, while 200 days put it at $157.89. A total of 0.44 million shares were traded, compared to the trading of 0.26 million shares in the previous session.
Levels Of Support And Resistance For NXST Stock
The 24-hour chart illustrates a support level at 160.19, which if violated will result in even more drops to 158.21. On the upside, there is a resistance level at 165.87. A further resistance level may holdings at 169.57. The Relative Strength Index (RSI) on the 14-day chart is 43.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.77, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.81%. Stochastics %K at 23.18% indicates the stock is a holding.
The most recent change occurred on April 19, 2022 when Rosenblatt began covering the stock and recommended ‘”a Neutral”‘ rating along with a $180 price target.
