The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Nexstar Media Group Inc shares valued at $685,716 were sold by ALFORD ANDREW on Mar 26 ’25. At $181.98 per share, ALFORD ANDREW sold 3,768 shares. The insider’s holdings dropped to 5,405 shares worth approximately $0.8 million following the completion of this transaction.
Also, ALFORD ANDREW purchased 3,768 shares, netting a total of over 685,716 in proceeds.
Before that, Jenkins Brett had sold 3,785 shares from its account. In a trade valued at $668,987, the insider traded Nexstar Media Group Inc shares for $176.75 each. Upon closing the transaction, the insider’s holdings decreased to 3,785 shares, worth approximately $3.21 million.
As published in a research note from Loop Capital on February 28, 2025, Nexstar Media Group Inc [NXST] has been rated up from a Hold to a Buy and the price target has been revised to $200. Analysts at Loop Capital downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early November. As of May 13, 2024, Wells Fargo has increased its “an Equal weight” rating to a “an Overweight” for NXST. Earlier on December 08, 2023, Citigroup initiated its rating. Their recommendation was “a Neutral” for NXST stock.
Analyzing NXST Stock Performance
During the last five days, there has been a drop of approximately -3.58%. Over the course of the year, Nexstar Media Group Inc shares have dropped approximately -6.63%. Shares of the company reached a 52-week high of $183.57 on 03/26/25 and a 52-week low of $143.32 on 04/09/25. A 50-day SMA is recorded $163.41, while a 200-day SMA reached $165.76.
Support And Resistance Levels for Nexstar Media Group Inc (NXST)
According to the 24-hour chart, there is a support level at 146.43, which, if violated, would cause prices to drop to 145.35. In the upper region, resistance lies at 148.85. The next price resistance is at 150.19. RSI (Relative Strength Index) is 35.26 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -9.73, which suggests the price will decrease in the coming days. Percent R is at 89.18%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
