Nexstar Media Group Inc’s recent filing unveils that its Chief Executive Officer SOOK PERRY A unloaded Company’s shares for reported $5.71 million on Dec 17 ’24. In the deal valued at $162.13 per share,35,205 shares were sold. As a result of this transaction, SOOK PERRY A now holds 674,694 shares worth roughly $106.93 million.
Then, SOOK PERRY A bought 35,205 shares, generating $5,707,949 in total proceeds.
Before that, Aulestia Bernadette S. sold 500 shares. Nexstar Media Group Inc shares valued at $82,224 were divested by the Director at a price of $164.45 per share. As a result of the transaction, Aulestia Bernadette S. now holds 2,000 shares, worth roughly $0.32 million.
Loop Capital downgraded its Nexstar Media Group Inc [NXST] rating to a Hold from a a Buy in a research note published on November 08, 2024; the price target was decreased to $190 from $200. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in mid May from “an Equal weight” to “an Overweight”. Citigroup began covering NXST with “Neutral” recommendation on December 08, 2023. Wells Fargo revised its rating on November 09, 2022. It rated NXST as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of NXST
On Friday, Nexstar Media Group Inc [NASDAQ:NXST] saw its stock jump 0.94% to $158.49. Over the last five days, the stock has lost -3.71%. Nexstar Media Group Inc shares have risen nearly 1.11% since the year began. Nevertheless, the stocks have risen 1.78% over the past one year. While a 52-week high of $191.86 was reached on 11/07/24, a 52-week low of $147.25 was recorded on 06/17/24. SMA at 50 days reached $169.49, while 200 days put it at $166.76.
Levels Of Support And Resistance For NXST Stock
The 24-hour chart illustrates a support level at 156.47, which if violated will result in even more drops to 154.46. On the upside, there is a resistance level at 160.77. A further resistance level may holdings at 163.05. The Relative Strength Index (RSI) on the 14-day chart is 36.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.35%. Stochastics %K at 6.87% indicates the stock is a buying.
How much short interest is there in Nexstar Media Group Inc?
A steep rise in short interest was recorded in Nexstar Media Group Inc stocks on 2024-11-29, dropping by 31264.0 shares to a total of 1.86 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 1.89 million shares. There was a decline of -1.68%, which implies that there is a negative sentiment for the stock.
