On September 10, 2024, Charles Mcmillen, Director at Nexstar Media Group Inc (NXST, Financial), sold 1,000 shares of the company. The transaction was reported in an SEC Filing. Following this sale, the insider now owns 7,975 shares of Nexstar Media Group Inc.
Nexstar Media Group Inc operates as a television broadcasting and digital media company, focusing on the acquisition, development, and operation of television stations and interactive community websites in the United States.
Over the past year, Charles Mcmillen has sold a total of 8,400 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend observed within the company, where there have been 54 insider sells and no insider buys over the past year.
Shares of Nexstar Media Group Inc were priced at $160 on the day of the sale, giving the company a market cap of approximately $5.19 billion. The price-earnings ratio of the company stands at 12.71, which is below the industry median of 16.92.
According to the GF Value, the intrinsic value of Nexstar Media Group Inc is estimated at $211.51 per share, suggesting that the stock is Modestly Undervalued with a price-to-GF-Value ratio of 0.76.
The GF Value is calculated based on historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and estimated future business outcomes.
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.
