New York Times Co’s recently made public that its PRESIDENT & CEO KOPIT LEVIEN MEREDITH A. unloaded Company’s shares for reported $1.0 million on Feb 13 ’25. In the deal valued at $50.53 per share,19,869 shares were sold. As a result of this transaction, KOPIT LEVIEN MEREDITH A. now holds 81,903 shares worth roughly $3.92 million.
Then, KOPIT LEVIEN MEREDITH A. bought 19,869 shares, generating $1,003,896 in total proceeds.
Before that, KOPIT LEVIEN MEREDITH A. sold 18,300 shares. New York Times Co shares valued at $986,773 were divested by the PRESIDENT & CEO at a price of $53.92 per share. As a result of the transaction, KOPIT LEVIEN MEREDITH A. now holds 101,772 shares, worth roughly $4.87 million.
Deutsche Bank initiated its New York Times Co [NYT] rating to a Buy in a research note published on October 09, 2024; the price target was $65. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in mid March with a ‘”a Buy”‘ rating. Argus also remained covering NYT and has increased its forecast on March 04, 2024 with a “Buy” recommendation from previously “Hold” rating. Barclays revised its rating on February 09, 2023. It rated NYT as “an Equal weight” which previously was an “an Underweight”.
Price Performance Review of NYT
On Tuesday, New York Times Co [NYSE:NYT] saw its stock fall -0.33% to $47.88. Over the last five days, the stock has lost -2.66%. New York Times Co shares have fallen nearly -8.01% since the year began. Nevertheless, the stocks have risen 10.88% over the past one year. While a 52-week high of $58.16 was reached on 02/04/25, a 52-week low of $41.55 was recorded on 02/25/25. SMA at 50 days reached $52.12, while 200 days put it at $52.91.
Levels Of Support And Resistance For NYT Stock
The 24-hour chart illustrates a support level at 47.55, which if violated will result in even more drops to 47.22. On the upside, there is a resistance level at 48.21. A further resistance level may holdings at 48.55. The Relative Strength Index (RSI) on the 14-day chart is 32.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.51%. Stochastics %K at 4.07% indicates the stock is a buying.
