Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Nexstar Media Group Inc shares valued at $84,277 were sold by WEITMAN GARY on Jun 17 ’25. At $165.25 per share, WEITMAN GARY sold 510 shares. The insider’s holdings dropped to 8,229 shares worth approximately $1.49 million following the completion of this transaction.
Also, Russell Blake sold 507 shares, netting a total of over 83,782 in proceeds. Following the sale of shares at $165.25 each, the insider now holds 24,826 shares.
Before that, Jenkins Brett had sold 610 shares from its account. In a trade valued at $100,802, the insider traded Nexstar Media Group Inc shares for $165.25 each. Upon closing the transaction, the insider’s holdings decreased to 610 shares, worth approximately $4.64 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
On last trading session, Nexstar Media Group Inc [NASDAQ: NXST] rose 0.56% to $181.27. The stock’s lowest price that day was $180.67, but it reached a high of $184.23 in the same session. During the last five days, there has been a surge of approximately 4.61%. Over the course of the year, Nexstar Media Group Inc shares have jumped approximately 8.98%. Shares of the company reached a 52-week high of $184.23 on 07/03/25 and a 52-week low of $141.66 on 04/30/25.
Support And Resistance Levels for Nexstar Media Group Inc (NXST)
According to the 24-hour chart, there is a support level at 179.87, which, if violated, would cause prices to drop to 178.47. In the upper region, resistance lies at 183.45. The next price resistance is at 185.63. RSI (Relative Strength Index) is 64.49 on the 14-day chart, showing neutral technical sentiment.
Is Nexstar Media Group Inc subject to short interest?
Stocks of Nexstar Media Group Inc saw a sharp steep in short interest on 2025-06-13 dropping by -0.36 million shares to 1.54 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 1.89 million shares. A decline of -23.34% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 5.25 of the overall float, the days-to-cover ratio (short ratio) decline to 5.25.
Which companies own the most shares of Nexstar Media Group Inc (NXST)?
In terms of Nexstar Media Group Inc share price expectations, FactSet research, analysts set an average price target of 200 in the next 12 months, up nearly 10.95% from the previous closing price of $180.26. Analysts anticipate Nexstar Media Group Inc stock to reach 200 by 2025, with the lowest price target being 200. In spite of this, 8 analysts ranked Nexstar Media Group Inc stock as Buy at the end of 2025. On November 09, 2022, Wells Fargo assigned a price target of “an Equal weight” to the stock and downgraded coverage with a $175.