In a filing, Nexstar Media Group Inc revealed its insider Jenkins Brett unloaded Company’s shares for reported $0.67 million on Mar 19 ’25. In the deal valued at $176.75 per share,3,785 shares were sold. As a result of this transaction, Jenkins Brett now holds 21,755 shares worth roughly $3.85 million.
Then, Jenkins Brett bought 3,785 shares, generating $668,988 in total proceeds.
Before that, ZIMMER DANA sold 4,846 shares. Nexstar Media Group Inc shares valued at $861,021 were divested by the insider at a price of $177.68 per share. As a result of the transaction, ZIMMER DANA now holds 1,792 shares, worth roughly $0.32 million.
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 fall -0.22% to $176.99. Over the last five days, the stock has gained 4.19%. Nexstar Media Group Inc shares have risen nearly 12.04% since the year began. Nevertheless, the stocks have risen 7.89% 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 $159.69, while 200 days put it at $165.04.
Levels Of Support And Resistance For NXST Stock
The 24-hour chart illustrates a support level at 174.54, which if violated will result in even more drops to 172.08. On the upside, there is a resistance level at 179.46. A further resistance level may holdings at 181.92. The Relative Strength Index (RSI) on the 14-day chart is 64.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.63, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 27.79%. Stochastics %K at 78.84% 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.
