Sean Compton Sells 840 Shares of Nexstar Media Group (NASDAQ:NXST) Stock

Nexstar Media Group, Inc. (NASDAQ:NXST) insider Sean Compton sold 840 shares of the stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $170.81, for a total transaction of $143,480.40. Following the transaction, the insider directly owned 14,430 shares in the company, valued at $2,464,788.30. The trade was a 5.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sean Compton also recently made the following trade(s):

• On Wednesday, June 10th, Sean Compton sold 875 shares of Nexstar Media Group stock. The stock was sold at an average price of $176.42, for a total transaction of $154,367.50.
• On Thursday, June 4th, Sean Compton sold 414 shares of Nexstar Media Group stock. The stock was sold at an average price of $182.42, for a total transaction of $75,521.88.
• On Wednesday, May 27th, Sean Compton sold 445 shares of Nexstar Media Group stock. The stock was sold at an average price of $187.32, for a total transaction of $83,357.40.
• On Tuesday, May 19th, Sean Compton sold 5,000 shares of Nexstar Media Group stock. The stock was sold at an average price of $196.00, for a total transaction of $980,000.00.

Nexstar Media Group Trading Down 3.7%

Shares of NASDAQ:NXST opened at $165.82 on Thursday. The company has a market cap of $5.06 billion, a P/E ratio of 35.58, a P/E/G ratio of 0.43 and a beta of 0.91. The stock’s 50-day moving average is $190.41 and its 200-day moving average is $206.83. Nexstar Media Group, Inc. has a 52-week low of $163.67 and a 52-week high of $254.30. The company has a debt-to-equity ratio of 5.53, a quick ratio of 1.76 and a current ratio of 1.76.

Nexstar Media Group Dividend Announcement

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

Institutional Investors Weigh In On Nexstar Media Group

A number of institutional investors have recently added to or reduced their stakes in NXST. Torren Management LLC acquired a new stake in Nexstar Media Group during the fourth quarter worth about $28,000. Measured Wealth Private Client Group LLC acquired a new stake in Nexstar Media Group during the third quarter worth about $28,000. WPG Advisers LLC grew its position 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 buying an additional 71 shares in the last quarter. State of Wyoming acquired a new stake in Nexstar Media Group during the second quarter worth about $54,000. Finally, Danske Bank A S acquired a new stake in Nexstar Media Group during the third quarter worth about $59,000. 95.30% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

NXST has been the topic of several research analyst reports. Wall Street Zen raised Nexstar Media Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Zacks Research raised Nexstar Media Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 13th. Guggenheim raised their price target on Nexstar Media Group from $250.00 to $290.00 and gave the company a “buy” rating in a research report on Friday, February 27th. Wells Fargo & Company lowered their price target on Nexstar Media Group from $290.00 to $253.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on Nexstar Media Group from $270.00 to $255.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $259.67.

More Nexstar Media Group News

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

About Nexstar Media Group

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.