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. TEGNA Inc shares valued at $636,689 were purchased by Trelstad Lynn B. on Apr 10 ’25. At $15.92 per share, Trelstad Lynn B. acquired 40,000 shares.
Also, Trelstad Lynn B. sold 40,000 shares, netting a total of over 709,600 in proceeds. Following the sale of shares at $17.74 each, the insider now holds 149,433 shares.
Before that, Trelstad Lynn B. had added 40,000 shares to its account. In a trade valued at $707,600, the Officer bought TEGNA Inc shares for $17.69 each.
As published in a research note from Wells Fargo on December 19, 2024, TEGNA Inc [TGNA] has been rated up from an Equal weight to an Overweight and the price target has been revised to $23 from $21. As of May 05, 2022, Wells Fargo has decreased its “an Overweight” rating to a “an Equal weight” for TGNA. Earlier on April 13, 2022, Argus downgraded its rating. Their new recommendation was “a Hold” for TGNA stock which previously was a “a Buy”.
Analyzing TGNA Stock Performance
On last trading session,, TEGNA Inc [NYSE: TGNA] plunged -1.01% to $16.69. The stock’s lowest price that day was $16.575, but it reached a high of $16.86 in the same session. During the last five days, there has been a surge of approximately 3.47%. Over the course of the year, TEGNA Inc shares have dropped approximately -8.75%.
Support And Resistance Levels for TEGNA Inc (TGNA)
RSI (Relative Strength Index) is 49.38 on the 14-day chart, showing neutral technical sentiment.
Is TEGNA Inc subject to short interest?
Stocks of TEGNA Inc saw a sharp rise in short interest on 2025-05-30 jumping by 0.21 million shares to 5.89 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 5.68 million shares. A jump of 3.5% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 4.47 of the overall float, the days-to-cover ratio (short ratio) jumped to 4.47.
Which companies own the most shares of TEGNA Inc (TGNA)?
In terms of TEGNA Inc share price expectations, FactSet research, analysts set an average price target of 24 in the next 12 months, up nearly 42.35% from the previous closing price of $16.86. Analysts anticipate TEGNA Inc stock to reach 24 by 2025, with the lowest price target being 24. In spite of this, 2 analysts ranked TEGNA Inc stock as Buy at the end of 2025.
