Nexstar Media (NXST) EVP Blake Russell Sells $45K of Stock
Blake Russell, EVP of Operations at Nexstar Media, sold shares valued at $44,581 on June 16, 2026.
Reviewed by automated data checks against the source filing. How we make and check alerts
Blake Russell, EVP, Operations at Nexstar Media Group, Inc. ($NXST), sold 261 shares at an average price of $170.81, worth about $44,581.41, on June 16, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $NXST is down 3.0% after 1 week, up 7.6% after 1 month and down 3.4% to date (from the $170.41 close on Jun 16, 2026).
NXST
Nexstar Media Group, Inc.
Key Points
- Blake Russell sold 261 shares of Nexstar Media Group for about $44,581 at a price of $170.81 each on June 16, 2026.
- Nexstar's stock is currently trading at $172.11, near its 52-week high of $254.30, suggesting recent strong performance.
- Analysts maintain a strong buy consensus for Nexstar, with a target mean price of $246.75 based on eight opinions.
Get $NXST trade alerts by text
We text you when insiders, Congress or big funds trade $NXST. Free.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Nexstar Media Group, Inc. alert may contain errors. Disclosures
Insider Buying and Selling at Nexstar Media Group, Inc.
Blake Russell, the Executive Vice President of Operations at Nexstar Media Group, Inc. (NASDAQ: NXST), sold 261 shares on June 16, 2026. This transaction was valued at about $44,581, with the shares selling at $170.81 each. The sale occurred while the stock was trading at $172.11, reflecting a notable position in the market.
Other Insider Activity
On the same day, several other executives at Nexstar also sold shares. Sean Compton, President of Networks, sold 840 shares for approximately $143,480. Lindsey Knapp, EVP of Human Resources, sold 93 shares valued at nearly $15,900. Gliha Lee Ann, CFO, sold 373 shares for about $63,712, and Dana Zimmer, President of Distribution & Strategy, sold 876 shares totaling around $149,630. These transactions indicate a broader trend of insider selling within the company.
How Nexstar Media Group, Inc. Stock Has Traded
Nexstar Media Group's stock is currently trading at $172.11. This price is close to its 52-week high of $254.30, indicating strong market performance. The stock's movement suggests investor interest, especially as the company approaches its next earnings report scheduled for November 5, 2026.
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. This target has been slightly adjusted from a prior $253. The consensus among eight analysts shows a strong buy recommendation, with a mean price target of $246.75, suggesting confidence in the company's growth outlook.
What Nexstar Media Group, Inc. Does
Nexstar Media Group operates as a diverse media company, producing and distributing news, sports, and entertainment content across various platforms in the U.S. The company owns multiple television and radio stations and offers digital advertising solutions, making it a significant player in the communication services sector.
What's Ahead for Nexstar Media Group, Inc.
Investors will be watching Nexstar closely as it approaches its next earnings date on November 5, 2026. The recent insider transactions, including Blake Russell's sale, may provide insights into executive sentiment, though they do not necessarily indicate current market positions. As always, these filings reflect past holdings and may not represent current investments.
Related Filing Alerts
Source: Blake Russell's Form 4 filing on $NXST (Jun 16, 2026). Find the original filing: NXST Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts