New York Times (NYSE:NYT) Chairman Arthur Sulzberger Sells 13,000 Shares of Stock

The New York Times Company (NYSE:NYT) Chairman Arthur Sulzberger sold 13,000 shares of New York Times stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $79.95, for a total transaction of $1,039,350.00. Following the completion of the transaction, the chairman directly owned 172,338 shares of the company’s stock, valued at $13,778,423.10. This trade represents a 7.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

New York Times Stock Performance

Shares of NYT stock traded down $2.85 during midday trading on Friday, reaching $79.10. 601,633 shares of the company were exchanged, compared to its average volume of 2,374,395. The company’s 50 day moving average price is $72.87 and its two-hundred day moving average price is $64.94. The company has a market cap of $12.84 billion, a P/E ratio of 37.85, a PEG ratio of 2.51 and a beta of 1.09. The New York Times Company has a 12 month low of $44.83 and a 12 month high of $82.74.

New York Times (NYSE:NYT) last released its quarterly earnings data on Wednesday, February 4th. The company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.01. The firm had revenue of $802.31 million for the quarter, compared to analyst estimates of $791.55 million. New York Times had a net margin of 12.18% and a return on equity of 20.73%. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.80 EPS. As a group, sell-side analysts predict that The New York Times Company will post 2.08 earnings per share for the current year.

New York Times Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 16th. Stockholders of record on Wednesday, April 1st will be paid a $0.23 dividend. This is a boost from New York Times’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $0.92 annualized dividend and a dividend yield of 1.2%. New York Times’s payout ratio is 34.45%.

Institutional Trading of New York Times

Several hedge funds have recently bought and sold shares of the stock. Empowered Funds LLC bought a new position in shares of New York Times in the first quarter worth about $442,000. Focus Partners Wealth raised its holdings in New York Times by 52.2% in the 1st quarter. Focus Partners Wealth now owns 11,640 shares of the company’s stock worth $577,000 after purchasing an additional 3,990 shares during the period. Geneos Wealth Management Inc. lifted its position in shares of New York Times by 690.7% in the first quarter. Geneos Wealth Management Inc. now owns 846 shares of the company’s stock valued at $42,000 after acquiring an additional 739 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of New York Times by 7.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 111,135 shares of the company’s stock worth $6,221,000 after purchasing an additional 8,076 shares during the last quarter. Finally, Hantz Financial Services Inc. lifted its holdings in New York Times by 4,591.7% in the second quarter. Hantz Financial Services Inc. now owns 563 shares of the company’s stock valued at $32,000 after acquiring an additional 551 shares during the last quarter. Hedge funds and other institutional investors own 95.37% of the company’s stock.

Key Headlines Impacting New York Times

Here are the key news stories impacting New York Times this week:

• Positive Sentiment: Broad, sustained front‑page coverage and live updates on attacks in Tehran, Beirut and Tel Aviv are likely boosting site traffic and subscriber interest; major breaking-news cycles typically benefit large national outlets like NYT. Live Updates: Tehran, Beirut and Tel Aviv Are Targeted in Attacks and Counterattacks
• Positive Sentiment: Analysis pieces on how conflict in the Persian Gulf could affect the U.S. economy and energy markets can attract higher‑value readership (subscriptions and advertising), supporting NYT’s monetization. How War in the Persian Gulf Could Spill Into the U.S. Economy
• Positive Sentiment: Opinion and policy coverage about the Strait of Hormuz and related geopolitical risk (high engagement topics) reinforces NYT’s role as a go‑to source, likely lifting traffic and subscriptions. Trump’s Strait of Hormuz Problem
• Positive Sentiment: Business/economy coverage such as the Jobs Report briefing draws business audiences and advertisers — helping NYT’s premium content monetization. The Jobs Report
• Neutral Sentiment: Feature and culture stories (e.g., fan sublets tied to a major celebrity residency) add audience breadth but are less likely to move investor perception materially. They Can’t Stay at Harry’s House, So They’ll Stay With Fellow Fans
• Neutral Sentiment: Sports and lifestyle coverage (multiple Athletic pieces and WBC/team rankings) sustain daily engagement but are lower revenue-per-reader compared with hard news subscribers. Yankees top prospect George Lombard Jr. is impressing
• Negative Sentiment: Chairman Arthur G. Sulzberger sold 13,000 NYT shares (about a 7.01% reduction of his disclosed position) at an average price near $79.95; open‑market insider sales can create negative optics for investors. SEC filing: Sulzberger sale
• Negative Sentiment: EVP William Bardeen sold 13,000 shares (a ~41% reduction in his disclosed holdings) at an average price ~ $79.56; the size and concentration of the sale may amplify investor concern. SEC filing: Bardeen sale

Wall Street Analyst Weigh In

A number of research analysts have weighed in on NYT shares. UBS Group set a $62.00 price target on New York Times in a research note on Thursday, November 6th. Barclays increased their price objective on New York Times from $55.00 to $60.00 and gave the company an “equal weight” rating in a report on Tuesday, January 20th. Morgan Stanley set a $68.00 price target on shares of New York Times in a research note on Thursday, December 18th. Weiss Ratings restated a “buy (b)” rating on shares of New York Times in a report on Thursday, January 22nd. Finally, Evercore restated an “outperform” rating on shares of New York Times in a research report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, New York Times has an average rating of “Moderate Buy” and a consensus target price of $68.43.

About New York Times

The New York Times Company is a publicly traded media organization best known for publishing The New York Times newspaper and operating the NYTimes.com digital platform. The company produces daily print and digital journalism covering national and international news, opinion pieces, feature stories, and multimedia content. Alongside its flagship newspaper, the firm offers a range of subscription-based services, including Times Cooking, NYT Games, podcasts and newsletters, designed to engage a broad audience of readers and advertisers.

Founded in 1851 by Henry Jarvis Raymond and George Jones, The New York Times has built a reputation for in-depth reporting and investigative journalism.