Arthur Sulzberger Sells 13,000 Shares of New York Times (NYSE:NYT) Stock

The New York Times Company (NYSE:NYT) Chairman Arthur Sulzberger sold 13,000 shares of the business’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $79.95, for a total transaction of $1,039,350.00. Following the completion of the transaction, the chairman owned 172,338 shares of the company’s stock, valued at approximately $13,778,423.10. This represents a 7.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

New York Times Stock Performance

NYT opened at $80.39 on Friday. The company has a fifty day moving average of $73.08 and a two-hundred day moving average of $65.08. The New York Times Company has a fifty-two week low of $44.83 and a fifty-two week high of $82.74. The stock has a market capitalization of $13.05 billion, a price-to-earnings ratio of 38.46, a PEG ratio of 2.54 and a beta of 1.09.

New York Times (NYSE:NYT) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.01. The company had revenue of $802.31 million during the quarter, compared to analysts’ expectations of $791.55 million. New York Times had a net margin of 12.18% and a return on equity of 20.73%. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.80 earnings per share. On average, equities research analysts forecast that The New York Times Company will post 2.08 earnings per share for the current year.

New York Times Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 16th. Investors of record on Wednesday, April 1st will be paid a $0.23 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $0.92 dividend on an annualized basis and a yield of 1.1%. This is a boost from New York Times’s previous quarterly dividend of $0.18. New York Times’s dividend payout ratio is 34.45%.

Key Headlines Impacting New York Times

Here are the key news stories impacting New York Times this week:

• Positive Sentiment: Breaking international coverage and live updates on attacks in Tehran/Beirut/Tel Aviv should drive heavy traffic and subscription interest for NYT’s digital platform, supporting revenue potential from subscriptions and ads. Live Updates: Tehran, Beirut and Tel Aviv Are Targeted in Attacks and Counterattacks
• Positive Sentiment: Jobs-report coverage and related business briefings attract business audiences (higher lifetime-value subscribers) and advertiser spend, a near-term revenue positive for a news subscription model. Live Updates: Strong Hiring Likely Continued Early This Year
• Positive Sentiment: The company recently increased its quarterly dividend (new quarterly payout noted by market coverage), which can appeal to income-focused investors and signal cash‑flow confidence. MarketBeat: NYT profile and dividend details
• Neutral Sentiment: Feature, sports and culture pieces (e.g., lifestyle stories around celebrity residencies and Athletic sports coverage) sustain daily engagement but are less likely to move near‑term investor sentiment materially. They Can’t Stay at Harry’s House, So They’ll Stay With Fellow Fans
• Negative Sentiment: Chairman Arthur G. Sulzberger sold 13,000 shares (about a 7% disclosed reduction) in early March — insider sales can create negative optics and increase selling pressure. SEC filing: Sulzberger sale
• Negative Sentiment: EVP William Bardeen sold 13,000 shares (~41% reduction of his disclosed holding) at ~ $79.56 — large, concentrated insider selling can amplify investor concern and weigh on the stock. SEC filing: Bardeen sale
• Negative Sentiment: Weak macro headlines and a broad market drop after the jobs report are pressuring media and growth stocks generally, contributing to NYT’s share weakness today. Stocks Drop as Weak Jobs Report Adds to Uncertain Outlook

Analyst Ratings Changes

Several research firms have recently weighed in on NYT. Argus upgraded New York Times to a “strong-buy” rating in a research report on Thursday, February 19th. Citigroup decreased their price objective on New York Times from $81.00 to $77.00 and set a “buy” rating on the stock in a report on Thursday, February 5th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of New York Times in a report on Thursday, January 22nd. Barclays raised their price target on shares of New York Times from $55.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 20th. Finally, JPMorgan Chase & Co. increased their price objective on shares of New York Times from $71.00 to $74.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, New York Times presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.43.

Institutional Investors Weigh In On New York Times

Hedge funds have recently modified their holdings of the company. Quantbot Technologies LP boosted its holdings in New York Times by 233.4% in the third quarter. Quantbot Technologies LP now owns 63,083 shares of the company’s stock valued at $3,621,000 after purchasing an additional 44,161 shares during the period. Envestnet Asset Management Inc. grew its stake in New York Times by 28.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 142,642 shares of the company’s stock worth $8,188,000 after purchasing an additional 31,507 shares in the last quarter. Jump Financial LLC increased its holdings in New York Times by 362.7% during the 2nd quarter. Jump Financial LLC now owns 153,506 shares of the company’s stock worth $8,593,000 after purchasing an additional 120,327 shares during the period. Intech Investment Management LLC increased its holdings in New York Times by 143.6% during the 3rd quarter. Intech Investment Management LLC now owns 232,445 shares of the company’s stock worth $13,342,000 after purchasing an additional 137,037 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. raised its position in New York Times by 35.0% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 94,722 shares of the company’s stock valued at $5,428,000 after purchasing an additional 24,574 shares in the last quarter. Hedge funds and other institutional investors own 95.37% of the company’s stock.

About New York Times

The New York Times Company is a publicly traded media organization best known for publishing The New York Times newspaper and operating the NYTimes.com digital platform. The company produces daily print and digital journalism covering national and international news, opinion pieces, feature stories, and multimedia content. Alongside its flagship newspaper, the firm offers a range of subscription-based services, including Times Cooking, NYT Games, podcasts and newsletters, designed to engage a broad audience of readers and advertisers.

Founded in 1851 by Henry Jarvis Raymond and George Jones, The New York Times has built a reputation for in-depth reporting and investigative journalism.