Lee Ann Gliha Sells 373 Shares of Nexstar Media Group (NASDAQ:NXST) Stock

Nexstar Media Group, Inc. (NASDAQ:NXST) EVP Lee Ann Gliha sold 373 shares of Nexstar Media Group stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $170.81, for a total transaction of $63,712.13. Following the completion of the sale, the executive vice president directly owned 20,075 shares in the company, valued at $3,429,010.75. This represents a 1.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Lee Ann Gliha also recently made the following trade(s):

• On Wednesday, June 10th, Lee Ann Gliha sold 752 shares of Nexstar Media Group stock. The shares were sold at an average price of $176.42, for a total transaction of $132,667.84.
• On Thursday, June 4th, Lee Ann Gliha sold 258 shares of Nexstar Media Group stock. The shares were sold at an average price of $182.42, for a total transaction of $47,064.36.
• On Wednesday, May 27th, Lee Ann Gliha sold 742 shares of Nexstar Media Group stock. The shares were sold at an average price of $187.32, for a total transaction of $138,991.44.

Nexstar Media Group Trading Down 3.7%

Shares of NXST opened at $165.82 on Thursday. Nexstar Media Group, Inc. has a 52-week low of $163.67 and a 52-week high of $254.30. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 5.53. The firm’s fifty day moving average is $190.41 and its two-hundred day moving average is $206.83. The stock has a market cap of $5.06 billion, a PE ratio of 35.58, a price-to-earnings-growth ratio of 0.43 and a beta of 0.91.

Nexstar Media Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were paid a dividend of $1.86 per share. This represents a $7.44 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Friday, May 15th. Nexstar Media Group’s payout ratio is 159.66%.

Nexstar Media Group News Roundup

Here are the key news stories impacting Nexstar Media Group this week:

• Positive Sentiment: Nexstar said shareholders approved all proposals at its 2026 annual meeting, including board elections, executive compensation, auditor ratification, and the 2026 long-term incentive plan. That vote removes a near-term governance overhang and suggests shareholder support for management. Nexstar Media Group Shareholders Approve All Proposals at 2026 Annual Shareholder Meeting
• Positive Sentiment: Nexstar’s Locked On Podcast Network, operated through TEGNA, said it is on track to reach 1 billion listens, views, and social engagements by the end of 2026, highlighting continued growth in digital audience engagement. Locked On Podcast Network Approaches One Billion Listens, Views and Social Engagements
• Neutral Sentiment: Several Nexstar executives, including the CFO and multiple EVPs, sold small amounts of stock at the same price, but the filings indicate the sales were made to cover tax withholding tied to vesting equity awards rather than discretionary selling. SEC filing
• Neutral Sentiment: Analyst commentary remains generally constructive, with several firms maintaining buy-style ratings, but that support is offset by ongoing concerns around leverage and recent legal headlines. Nexstar Media Group insider trades page
• Negative Sentiment: Insider selling has been persistent over the past several months, with no reported open-market insider buying. Even though the latest trades were tax-related, the repeated sales can weigh on investor sentiment and raise caution about near-term confidence in the stock. Insider buying and selling alert

Analyst Ratings Changes

Several brokerages have issued reports on NXST. Wall Street Zen raised shares of Nexstar Media Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Zacks Research raised shares of Nexstar Media Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 13th. Wells Fargo & Company lowered their target price on shares of Nexstar Media Group from $290.00 to $253.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. Barrington Research reaffirmed an “outperform” rating and set a $290.00 target price on shares of Nexstar Media Group in a research note on Tuesday, April 28th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nexstar Media Group in a research note on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $259.67.

Institutional Trading of Nexstar Media Group

Several institutional investors and hedge funds have recently bought and sold shares of NXST. Torren Management LLC purchased a new stake in Nexstar Media Group during the fourth quarter worth about $28,000. Measured Wealth Private Client Group LLC purchased a new stake in Nexstar Media Group during the third quarter worth about $28,000. WPG Advisers LLC increased its stake in Nexstar Media Group by 65.7% during the fourth quarter. WPG Advisers LLC now owns 179 shares of the company’s stock worth $36,000 after purchasing an additional 71 shares during the period. State of Wyoming purchased a new stake in Nexstar Media Group during the second quarter worth about $54,000. Finally, Danske Bank A S purchased a new stake in Nexstar Media Group during the third quarter worth about $59,000. 95.30% of the stock is currently owned by hedge funds and other institutional investors.

Nexstar Media Group Company Profile

Nexstar Media Group, Inc is a diversified American media company engaged primarily in the ownership, operation and strategic affiliation of local television stations, digital platforms and cable networks. The company provides a range of broadcast content, including local news, sports coverage, entertainment programming and syndicated shows, reaching audiences in more than 100 television markets across the United States.

Founded in 1996 by entrepreneur Perry Sook and headquartered in Irving, Texas, Nexstar has built its presence through organic growth and a series of high-profile acquisitions.