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. New York Times Co shares valued at $454,272 were sold by Sulzberger Arthur G. on Mar 03 ’25. At $47.32 per share, Sulzberger Arthur G. sold 9,600 shares. The insider’s holdings dropped to 138,602 shares worth approximately $7.61 million following the completion of this transaction.
Also, Sulzberger Arthur G. purchased 9,600 shares, netting a total of over 454,272 in proceeds.
Before that, Brayton Diane had sold 10,000 shares from its account. In a trade valued at $478,950, the EVP, CHIEF LEGAL OFFICER traded New York Times Co shares for $47.90 each. Upon closing the transaction, the insider’s holdings decreased to 10,000 shares, worth approximately $2.35 million.
As published in their initiating research note from Deutsche Bank on October 09, 2024, New York Times Co [NYT] has been a Buy and the price target has been revised to $65. Analysts at Citigroup started covering the stock with ‘”a Buy”‘ outlook in a report released in mid March. As of March 04, 2024, Argus has increased its “Hold” rating to a “Buy” for NYT. Earlier on February 09, 2023, Barclays upgraded its rating. Their new recommendation was “an Equal weight” for NYT stock which previously was a “an Underweight”.
Analyzing NYT Stock Performance
During the last five days, there has been a drop of approximately -1.19%. Over the course of the year, New York Times Co shares have jumped approximately 5.46%. Shares of the company reached a 52-week high of $56.10 on 02/04/25 and a 52-week low of $44.83 on 04/09/25.
Support And Resistance Levels for New York Times Co (NYT)
According to the 24-hour chart, there is a support level at 54.57, which, if violated, would cause prices to drop to 54.24. In the upper region, resistance lies at 55.12. The next price resistance is at 55.34. RSI (Relative Strength Index) is 67.58 on the 14-day chart, showing neutral technical sentiment.
