New York Times Co’s recently made public 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 $7.66 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 $2.37 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 Monday, New York Times Co [NYSE:NYT] saw its stock fall -1.23% to $55.26. Over the last five days, the stock has gained 1.88%. New York Times Co shares have risen nearly 6.17% since the year began. Nevertheless, the stocks have risen 15.27% over the past one year.
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 2025-04-30, growing by 0.91 million shares to a total of 8.04 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 7.13 million shares. There was a rise of 11.29%, which implies that there is a positive sentiment for the stock.
