Nexstar Media (NXST) President Sean Compton Sells $143K of Stock

Insider Buying and Selling at Nexstar Media Group, Inc.

Sean Compton, President of Networks at Nexstar Media Group, Inc. (NASDAQ: NXST), sold 840 shares on June 16, 2026. The shares were sold at an average price of $170.81 each, totaling approximately $143,480. This transaction adds to a series of insider sales at the company on the same day.

Other Executives Selling Shares

On June 16, 2026, several other Nexstar executives also sold shares. Lindsey Knapp, EVP of Human Resources, sold 93 shares for about $15,885. CFO Gliha Lee Ann sold 373 shares valued at $63,712. Additionally, Gary Weitman, the Chief Communications Officer, sold 261 shares worth approximately $44,581. Dana Zimmer, President of Distribution & Strategy, sold 876 shares for about $149,630, while Brett Jenkins, EVP of Technology & Digital, sold 301 shares valued at $51,414. These transactions indicate a broader trend of insider selling at Nexstar on that date.

How Nexstar Media Group, Inc. Stock Has Traded

Nexstar Media Group's stock was trading at $172.11 on June 16, which is a significant increase compared to its previous close of $156.53. The stock's performance is noteworthy as it remains near its 52-week high of $254.30. With a market cap of around $5.12 billion, Nexstar holds a P/E ratio of 31.53, reflecting its strong earnings potential in the broadcasting industry.

Recent Earnings

Nexstar reported revenue of approximately $5.88 billion, with a revenue growth rate of 62.2%. The company's net margin stands at 3.20%, and it has an ROE of 7.43%. The next earnings report is scheduled for November 5, 2026, providing further insights into the company's financial health.

Analysts Set New Price Targets

On August 7, 2026, Wells Fargo maintained an Overweight rating on Nexstar Media Group with a price target of $249, slightly down from a previous target of $253. The consensus among analysts is a strong buy, with a mean price target of $246.75 based on eight opinions.

What Nexstar Media Group, Inc. Does

Nexstar Media Group operates as a diversified media company producing and distributing local and national news, sports, and entertainment content. It owns numerous television and radio stations and provides various advertising solutions through its digital platforms. This insider selling comes as the company continues to navigate a competitive media landscape.

What’s Next for Nexstar

Investors will be watching for Nexstar's next earnings report on November 5, 2026, to assess its financial performance and outlook. The recent insider sales reflect past actions and may not indicate current positions, but they add context to the ongoing activities at the company. As the stock trades closely to its recent highs, market watchers will keep an eye on future developments and filings.