NEXSTAR MEDIA GROUP Earnings Results: $NXST Reports Quarterly Earnings

NEXSTAR MEDIA GROUP ($NXST) posted quarterly earnings results on Thursday, February 27th. The company reported earnings of $7.56 per share, missing estimates of $8.22 by $0.66. The company also reported revenue of $1,488,000,000, missing estimates of $1,519,715,564 by $-31,715,564.

You can see Quiver Quantitative's $NXST stock page to track data on insider trading, hedge fund activity, congressional trading, and more.

NEXSTAR MEDIA GROUP Insider Trading Activity

NEXSTAR MEDIA GROUP insiders have traded $NXST stock on the open market 20 times in the past 6 months. Of those trades, 0 have been purchases and 20 have been sales.

Here’s a breakdown of recent trading of $NXST stock by insiders over the last 6 months:

• PERRY A SOOK (Chief Executive Officer) has made 0 purchases and 6 sales selling 200,000 shares for an estimated $32,783,660.
• JAY M. GROSSMAN sold 10,000 shares for an estimated $1,707,000
• GARY WEITMAN (See Remarks) sold 7,261 shares for an estimated $1,196,612
• BLAKE RUSSELL (EVP, Operations) has made 0 purchases and 2 sales selling 4,782 shares for an estimated $808,797.
• BRETT JENKINS (See Remarks) sold 4,331 shares for an estimated $739,041
• ANDREW ALFORD (President, Broadcasting) sold 3,175 shares for an estimated $532,844
• JOHN R MUSE sold 2,385 shares for an estimated $405,824
• D GEOFFREY ARMSTRONG sold 2,000 shares for an estimated $332,770
• CHARLES THOMAS MCMILLEN has made 0 purchases and 3 sales selling 2,000 shares for an estimated $321,058.
• LISBETH MCNABB sold 875 shares for an estimated $150,500
• BERNADETTE S. AULESTIA sold 500 shares for an estimated $82,224
• LEE ANN GLIHA (EVP, Chief Financial Officer) sold 330 shares for an estimated $52,214

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

NEXSTAR MEDIA GROUP Hedge Fund Activity

We have seen 199 institutional investors add shares of NEXSTAR MEDIA GROUP stock to their portfolio, and 269 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• PACER ADVISORS, INC. added 1,202,453 shares (+27180.2%) to their portfolio in Q4 2024, for an estimated $189,951,500
• DEMARS FINANCIAL GROUP, LLC added 768,934 shares (+16009.5%) to their portfolio in Q4 2024, for an estimated $121,468,503
• UBS GROUP AG added 453,738 shares (+723.8%) to their portfolio in Q4 2024, for an estimated $71,676,991
• CAPITAL RESEARCH GLOBAL INVESTORS removed 227,483 shares (-37.3%) from their portfolio in Q4 2024, for an estimated $35,935,489
• PROFICIO CAPITAL PARTNERS LLC added 225,107 shares (+inf%) to their portfolio in Q4 2024, for an estimated $35,560,152
• FMR LLC removed 197,839 shares (-16.8%) from their portfolio in Q4 2024, for an estimated $31,252,626
• BROWN ADVISORY INC removed 158,619 shares (-41.6%) from their portfolio in Q4 2024, for an estimated $25,057,043

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.