Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) insider Gary Michael Vaughn sold 400 shares of the firm’s stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of $71.32, for a total value of $28,528.00. Following the completion of the transaction, the insider now directly owns 7,140 shares in the company, valued at $509,224.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Gary Michael Vaughn also recently made the following trade(s):

  • On Wednesday, November 22nd, Gary Michael Vaughn sold 2,210 shares of Nexstar Broadcasting Group stock. The shares were sold at an average price of $66.79, for a total value of $147,605.90.
  • On Friday, October 27th, Gary Michael Vaughn sold 200 shares of Nexstar Broadcasting Group stock. The shares were sold at an average price of $62.96, for a total value of $12,592.00.
  • On Friday, October 20th, Gary Michael Vaughn sold 5,050 shares of Nexstar Broadcasting Group stock. The shares were sold at an average price of $61.35, for a total value of $309,817.50.

Nexstar Broadcasting Group, Inc. (NXST) traded up $0.35 during trading hours on Friday, reaching $72.25. The company had a trading volume of 531,330 shares, compared to its average volume of 642,292. The firm has a market capitalization of $3,276.21, a P/E ratio of 18.87, a price-to-earnings-growth ratio of 1.62 and a beta of 2.21. Nexstar Broadcasting Group, Inc. has a fifty-two week low of $55.95 and a fifty-two week high of $73.90. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 3.58.

Nexstar Broadcasting Group (NASDAQ:NXST) last posted its quarterly earnings results on Monday, November 6th. The company reported $0.98 EPS for the quarter, topping the Zacks’ consensus estimate of $0.89 by $0.09. The business had revenue of $611.87 million during the quarter, compared to the consensus estimate of $609.44 million. Nexstar Broadcasting Group had a return on equity of 16.20% and a net margin of 5.60%. The company’s revenue for the quarter was up 122.0% compared to the same quarter last year. During the same period last year, the firm earned $0.78 earnings per share. analysts expect that Nexstar Broadcasting Group, Inc. will post 3.45 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, December 1st. Investors of record on Friday, November 17th were paid a $0.30 dividend. The ex-dividend date of this dividend was Thursday, November 16th. This represents a $1.20 dividend on an annualized basis and a yield of 1.66%. Nexstar Broadcasting Group’s dividend payout ratio (DPR) is 45.11%.

A number of analysts have recently issued reports on NXST shares. BidaskClub raised Nexstar Broadcasting Group from a “hold” rating to a “buy” rating in a research report on Friday, August 11th. ValuEngine lowered Nexstar Broadcasting Group from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Zacks Investment Research raised Nexstar Broadcasting Group from a “hold” rating to a “buy” rating and set a $66.00 target price on the stock in a research report on Wednesday, September 13th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $81.00 target price on shares of Nexstar Broadcasting Group in a research report on Monday, September 18th. Finally, Jefferies Group reaffirmed a “buy” rating and set a $80.00 target price on shares of Nexstar Broadcasting Group in a research report on Thursday, September 21st. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company has an average rating of “Buy” and an average price target of $82.00.

Large investors have recently bought and sold shares of the stock. Rovida Advisors Inc. acquired a new position in Nexstar Broadcasting Group in the second quarter worth about $2,912,000. Teacher Retirement System of Texas grew its stake in Nexstar Broadcasting Group by 2.8% in the second quarter. Teacher Retirement System of Texas now owns 3,584 shares of the company’s stock worth $214,000 after purchasing an additional 99 shares in the last quarter. Sei Investments Co. grew its stake in Nexstar Broadcasting Group by 25.1% in the second quarter. Sei Investments Co. now owns 18,239 shares of the company’s stock worth $1,092,000 after purchasing an additional 3,658 shares in the last quarter. Lazard Asset Management LLC grew its stake in Nexstar Broadcasting Group by 64.1% in the second quarter. Lazard Asset Management LLC now owns 133,121 shares of the company’s stock worth $7,960,000 after purchasing an additional 52,015 shares in the last quarter. Finally, Worth Venture Partners LLC grew its stake in Nexstar Broadcasting Group by 16.7% in the third quarter. Worth Venture Partners LLC now owns 22,360 shares of the company’s stock worth $1,393,000 after purchasing an additional 3,200 shares in the last quarter.

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Nexstar Broadcasting Group Company Profile

Nexstar Media Group, Inc, formerly Nexstar Broadcasting Group, Inc, is a television broadcasting and digital media company. The Company is focused on the acquisition, development and operation of television stations and interactive community Websites, and digital media services in medium-sized markets in the United States.

Insider Buying and Selling by Quarter for Nexstar Broadcasting Group (NASDAQ:NXST)

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