Q1 Results: Social media observers noted Nexstar Media Group's first-quarter revenue climbed to $1.4 billion, a 13 percent year-over-year increase driven largely by the new TEGNA contribution. Analysts on platforms pointed to a rebound in legacy political advertising and stable distribution revenue as key positives amid broader industry pressures.
Merger Update: Discussion centered on the completed TEGNA acquisition that added scale yet faces a court-ordered hold-separate mandate, delaying expected synergies and integration efforts. Commenters highlighted the resulting debt load near $12 billion and paused share repurchases as areas of concern for near-term cash flow management.
Market View: Overall sentiment reflected cautious optimism, with participants praising operational resilience in core segments while questioning the timeline for realizing acquisition benefits amid ongoing legal hurdles.
Note: This discussion summary was generated from an AI condensation of post data.
Nexstar Media Group Insider Trading Activity
Nexstar Media Group insiders have traded $NXST stock on the open market 19 times in the past 6 months. Of those trades, 0 have been purchases and 19 have been sales.
Here’s a breakdown of recent trading of $NXST stock by insiders over the last 6 months:
- DANA ZIMMER (See Remarks) has made 0 purchases and 2 sales selling 5,248 shares for an estimated $1,177,577.
- GARY WEITMAN (See Remarks) has made 0 purchases and 3 sales selling 4,865 shares for an estimated $1,083,425.
- RACHEL MORGAN (EVP General Counsel) has made 0 purchases and 2 sales selling 3,460 shares for an estimated $741,084.
- ROBERT S. WEAVER (EVP, Government Relations) has made 0 purchases and 2 sales selling 2,973 shares for an estimated $639,807.
- MICHAEL BIARD (President & COO) sold 1,802 shares for an estimated $393,794
- JOHN R MUSE sold 1,500 shares for an estimated $329,445
- LEE ANN GLIHA (EVP, Chief Financial Officer) sold 1,337 shares for an estimated $292,177
- SEAN COMPTON (President, Networks) sold 804 shares for an estimated $175,699
- ROYCE A. WELLS sold 825 shares for an estimated $175,527
- ANDREW ALFORD (President, Broadcasting) sold 623 shares for an estimated $136,145
- BRETT JENKINS (See Remarks) sold 414 shares for an estimated $90,472
- DAN LANZANO (See Remarks) has made 0 purchases and 2 sales selling 375 shares for an estimated $76,697.
- BLAKE RUSSELL (EVP, Operations) sold 333 shares for an estimated $72,771
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Nexstar Media Group Revenue
Nexstar Media Group had revenues of $1.4B in Q1 2026. This is an increase of 13.13% from the same period in the prior year.
You can track NXST financials on Quiver Quantitative's NXST stock page.
You can access data on NXST stock through the Quiver Quantitative API.
Nexstar Media Group Hedge Fund Activity
We have seen 223 institutional investors add shares of Nexstar Media Group stock to their portfolio, and 274 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PACER ADVISORS, INC. removed 430,913 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $87,496,884
- ALLIANCEBERNSTEIN L.P. removed 351,242 shares (-91.0%) from their portfolio in Q1 2026, for an estimated $63,515,090
- PRICE T ROWE ASSOCIATES INC /MD/ added 308,137 shares (+135.7%) to their portfolio in Q1 2026, for an estimated $55,720,413
- BALYASNY ASSET MANAGEMENT L.P. added 258,775 shares (+inf%) to their portfolio in Q1 2026, for an estimated $46,794,283
- GOLDMAN SACHS GROUP INC removed 215,025 shares (-56.0%) from their portfolio in Q1 2026, for an estimated $38,882,970
- HOOK MILL CAPITAL PARTNERS, LP added 213,349 shares (+inf%) to their portfolio in Q1 2026, for an estimated $38,579,899
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC removed 195,329 shares (-16.5%) from their portfolio in Q1 2026, for an estimated $35,321,343
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Nexstar Media Group Price Targets
Multiple analysts have issued price targets for $NXST recently. We have seen 7 analysts offer price targets for $NXST in the last 6 months, with a median target of $270.0.
Here are some recent targets:
- Steven Cahall from Wells Fargo set a target price of $253.0 on 05/08/2026
- Patrick W. Sholl from Barrington Research set a target price of $290.0 on 04/28/2026
- Jason Bazinet from Citigroup set a target price of $220.0 on 04/10/2026
- Daniel L. Kurnos from Benchmark set a target price of $250.0 on 04/06/2026
- Benjamin Soff from Deutsche Bank set a target price of $270.0 on 03/23/2026
- Curry Baker from Guggenheim set a target price of $290.0 on 02/27/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
