Nexstar Media (NXST) Evp, CFO Gliha Lee Ann Sells $64K of Stock

On June 16, 2026, Gliha Lee Ann, the Executive Vice President and Chief Financial Officer of Nexstar Media Group, Inc. (NasdaqGS: NXST), sold 373 shares of the company. The transaction was valued at approximately $63,712, with the shares sold at an average price of $170.81 each.

Insider Buying and Selling at Nexstar Media Group, Inc.

Gliha's transaction was part of several insider sales on the same day. Andrew Alford, President of Broadcasting, sold 746 shares, while Blake Russell, EVP of Operations, sold 261 shares. Other executives, including Brett Jenkins, Dana Zimmer, and Gary Weitman, also sold shares, each at the same average price of $170.81.

Other Institutional Activity in Nexstar Media Group

BlackRock, Inc. increased its holdings by 35,365 shares, bringing its total to 3,217,716 shares valued at about $581.9 million. Vanguard Portfolio Management LLC added 1,433,495 shares, ending with the same number of shares valued at $259.2 million. Conversely, Dimensional Fund Advisors LP reduced its position by 13,842 shares, holding 1,388,430 shares worth approximately $251.1 million.

Nexstar Media Group, Inc. Stock Up 10.0%

Shares of Nexstar Media Group traded around $172.11. The company has a market capitalization of $5.26 billion and a forward P/E ratio of 7.12. Its stock has fluctuated between a 52-week low of $164.00 and a high of $254.30. The 50-day moving average is $191.62, while the 200-day average is $203.95. Nexstar has a beta of 0.9, indicating lower volatility compared to the market.

Recent Earnings

Nexstar reported revenues of $5.11 billion with a growth rate of 13.1%. Its earnings per share (EPS) stood at $4.71, and the net margin was 3.23%. The return on equity was 6.61%. The company is set to announce its next earnings on August 6, 2026.

Dividend

Nexstar Media Group pays an annual dividend rate of $7.44, yielding 4.32%. The dividend payout ratio is 157.63%, indicating a high payout relative to earnings.

Analysts Set New Price Targets

Analysts continue to show confidence in Nexstar. On May 8, 2026, Wells Fargo maintained its 'buy' rating with a price target of $253. Barrington Research set the highest target at $290. Citigroup upgraded the stock to 'buy' with a target of $220 on April 10, 2026.

About Nexstar Media Group

Nexstar Media Group, Inc., headquartered in Irving, Texas, operates as a diversified media company in the U.S. It produces and distributes local and national news, sports, and entertainment content across various platforms. The company owns numerous television and radio stations and provides digital media solutions. Perry A. Sook serves as the CEO.

Bottom Line

Insider trading activity, such as Gliha Lee Ann's recent sale, provides insights into company management's actions but doesn't necessarily indicate future stock performance. Nexstar Media Group's strong market position and analyst confidence make it a stock to watch, especially with its upcoming earnings report. As always, remember that insider reports and analyst ratings are backward-looking and should be considered alongside other factors.