The New York Times Company $NYT Shares Sold by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. cut its stake in The New York Times Company (NYSE:NYT) by 15.3% during the 4th quarter, HoldingsChannel reports. The fund owned 80,260 shares of the company’s stock after selling 14,462 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in New York Times were worth $5,572,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Pinnacle Wealth Management Advisory Group LLC acquired a new stake in New York Times in the fourth quarter valued at $224,000. Cornerstone Planning Group LLC raised its position in shares of New York Times by 74.2% during the 4th quarter. Cornerstone Planning Group LLC now owns 446 shares of the company’s stock valued at $32,000 after acquiring an additional 190 shares in the last quarter. Horizon Investments LLC lifted its stake in New York Times by 52.8% during the fourth quarter. Horizon Investments LLC now owns 97,772 shares of the company’s stock worth $6,770,000 after purchasing an additional 33,804 shares during the last quarter. GenTrust LLC bought a new position in New York Times during the fourth quarter worth $220,000. Finally, Citizens Financial Group Inc. RI lifted its stake in New York Times by 10.7% during the fourth quarter. Citizens Financial Group Inc. RI now owns 11,514 shares of the company’s stock worth $799,000 after purchasing an additional 1,111 shares during the last quarter. 95.37% of the stock is owned by institutional investors and hedge funds.

Insider Activity at New York Times

In other New York Times news, Chairman Arthur G. Sulzberger sold 13,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $79.95, for a total value of $1,039,350.00. Following the completion of the sale, the chairman directly owned 172,338 shares of the company’s stock, valued at $13,778,423.10. The trade was a 7.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP William Bardeen sold 13,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $79.56, for a total transaction of $1,034,280.00. Following the completion of the sale, the executive vice president directly owned 18,681 shares of the company’s stock, valued at $1,486,260.36. This represents a 41.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 27,913 shares of company stock valued at $2,214,369. Insiders own 1.90% of the company’s stock.

New York Times News Summary

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

• Neutral Sentiment: Ongoing editorial coverage — NYT continues broad reporting across politics, business and culture; this is normal operating content that supports traffic and subscriptions but is unlikely by itself to move the stock materially. U.S. Trade Deficit Grew in March
• Neutral Sentiment: Political and economic coverage that can drive readership around major events (California primary, foreign-policy impacts on markets). Useful for engagement metrics but not a direct corporate headline. What to Know About the California Primary Election
• Neutral Sentiment: Reporting on tech and policy (e.g., A.I. and government/industry meetings) highlights topics that affect ad/tech partnerships and platform relationships over time. What Was Discussed at Google’s White House Meeting About A.I.
• Negative Sentiment: EEOC / federal lawsuit alleging discrimination against a white male employee — the complaint claims violations of Title VII and has prompted a U.S. enforcement action. This is the primary near-term driver of the stock’s weakness because it raises risks of legal expense, potential damages or settlement, reputational harm, and internal disruption that could affect recruiting and advertiser perceptions. U.S. Sues The New York Times, Claiming Discrimination Against a White Man New York Times sued for discrimination after white man passed over for promotion: EEOC lawsuit

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on NYT shares. Guggenheim set a $63.00 price objective on New York Times and gave the stock a “neutral” rating in a research note on Wednesday, February 4th. Argus raised New York Times to a “strong-buy” rating in a research note on Thursday, February 19th. Bank of America initiated coverage on New York Times in a report on Wednesday, April 22nd. They issued a “neutral” rating and a $84.00 price objective for the company. JPMorgan Chase & Co. upped their price objective on New York Times from $71.00 to $74.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of New York Times in a research report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, New York Times has an average rating of “Moderate Buy” and an average target price of $72.50.

New York Times Trading Down 1.3%

Shares of NYT stock opened at $77.22 on Wednesday. The New York Times Company has a 1-year low of $51.03 and a 1-year high of $87.10. The company has a market capitalization of $12.45 billion, a price-to-earnings ratio of 36.95, a P/E/G ratio of 2.10 and a beta of 0.98. The stock’s fifty day simple moving average is $80.88 and its 200-day simple moving average is $71.79.

New York Times (NYSE:NYT) last issued its quarterly earnings results on Wednesday, February 4th. The company reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.01. The business had revenue of $802.31 million for the quarter, compared to the consensus estimate of $791.55 million. New York Times had a return on equity of 20.73% and a net margin of 12.18%.New York Times’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.80 earnings per share. On average, sell-side analysts predict that The New York Times Company will post 2.79 EPS for the current year.

New York Times Company Profile

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.