New York Times Co’s recent filing unveils that its Chairman and Publisher Sulzberger Arthur G. unloaded Company’s shares for reported $0.45 million on Mar 03 ’25. In the deal valued at $47.32 per share,9,600 shares were sold. As a result of this transaction, Sulzberger Arthur G. now holds 138,602 shares worth roughly $6.95 million.
Then, Sulzberger Arthur G. bought 9,600 shares, generating $454,272 in total proceeds.
Before that, Brayton Diane sold 10,000 shares. New York Times Co shares valued at $478,950 were divested by the EVP, CHIEF LEGAL OFFICER at a price of $47.90 per share. As a result of the transaction, Brayton Diane now holds 42,879 shares, worth roughly $2.15 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 jump 1.11% to $50.15. Over the last five days, the stock has gained 2.06%. New York Times Co shares have fallen nearly -3.65% since the year began. Nevertheless, the stocks have risen 16.03% 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 03/04/25. SMA at 50 days reached $49.90, while 200 days put it at $52.78.
Levels Of Support And Resistance For NYT Stock
The 24-hour chart illustrates a support level at 49.58, which if violated will result in even more drops to 49.02. On the upside, there is a resistance level at 50.53. A further resistance level may holdings at 50.92. The Relative Strength Index (RSI) on the 14-day chart is 59.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.64, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 7.41%. Stochastics %K at 84.50% indicates the stock is a selling.
How much short interest is there in New York Times Co?
A steep rise in short interest was recorded in New York Times Co stocks on 2025-03-14, growing by 1.08 million shares to a total of 7.43 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 6.35 million shares. There was a rise of 14.53%, which implies that there is a positive sentiment for the stock.
