On November 22, 2024, John Muse, a Director at Nexstar Media Group Inc (NXST, Financial), sold 2,385 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 25,978 shares of the company.
Nexstar Media Group Inc (NXST) is a leading diversified media company that owns, operates, and provides services to television stations and digital media properties. The company reaches approximately 68% of all U.S. television households and offers a wide range of local and national news, sports, and entertainment programming.
The insider transaction history for Nexstar Media Group Inc shows that there have been no insider buys in total over the past year. Meanwhile, there have been 61 insider sells over the same timeframe. Over the past year, John Muse has sold 2,750 shares in total and purchased 0 shares in total.
On the day of the recent sale, shares of Nexstar Media Group Inc were trading for $170.16 apiece, giving the stock a market cap of $5.281 billion. The company's price-earnings ratio is 9.87, which is lower than the industry median of 16.945 and lower than the company’s historical median price-earnings ratio.
With a price of $170.16 and a GuruFocus Value of $210.70, Nexstar Media Group Inc has a price-to-GF-Value ratio of 0.81. This indicates that the stock is modestly undervalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus that is calculated based on the following three factors:
- Historical multiples (price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow) that the stock has traded at.
- A GuruFocus adjustment factor based on the company’s past returns and growth.
- Future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
