In a filing, Nexstar Media Group Inc revealed its insider ZIMMER DANA unloaded Company’s shares for reported $0.86 million on Mar 07 ’25. In the deal valued at $177.68 per share,4,846 shares were sold. As a result of this transaction, ZIMMER DANA now holds 1,792 shares worth roughly $0.3 million.
Then, WEITMAN GARY sold 1,241 shares, generating $219,918 in total proceeds. Upon selling the shares at $177.21, the insider now owns 3,975 shares.
Before that, ZIMMER DANA bought 4,846 shares. Nexstar Media Group Inc shares valued at $861,021 were divested by the Officer at a price of $177.68 per share.
Loop Capital upgraded its Nexstar Media Group Inc [NXST] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Loop Capital’s analysts, who decreased its forecast for the stock in early November from “a Buy” to “a Hold”. Wells Fargo also remained covering NXST and has increased its forecast on May 13, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. Citigroup started covering the stock on December 08, 2023. It rated NXST as “a Neutral”.
Price Performance Review of NXST
On Friday, Nexstar Media Group Inc [NASDAQ:NXST] saw its stock jump 0.79% to $169.88. Over the last five days, the stock has lost -4.48%. Nexstar Media Group Inc shares have risen nearly 7.54% since the year began. Nevertheless, the stocks have risen 2.73% over the past one year. While a 52-week high of $191.86 was reached on 03/10/25, a 52-week low of $146.04 was recorded on 02/26/25. SMA at 50 days reached $158.10, while 200 days put it at $164.66.
Levels Of Support And Resistance For NXST Stock
The 24-hour chart illustrates a support level at 167.95, which if violated will result in even more drops to 166.02. On the upside, there is a resistance level at 171.10. A further resistance level may holdings at 172.32. The Relative Strength Index (RSI) on the 14-day chart is 58.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.79, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 32.06%. Stochastics %K at 65.99% indicates the stock is a holding.
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 2025-02-28, dropping by 92052.0 shares to a total of 2.05 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.14 million shares. There was a decline of -4.49%, which implies that there is a negative sentiment for the stock.
