Nexxen repurchased 880,000 shares in July 2025, with $7.2 million remaining in its repurchase program.
Quiver AI Summary
Nexxen International Ltd. announced the repurchase of 880,000 Ordinary Shares at an average price of $10.41 during July 2025, leaving approximately $7.2 million under its current share repurchase program as of July 31, 2025. The company, which specializes in advertising technology and has expertise in data and advanced TV, had 58,061,174 Ordinary Shares outstanding (excluding treasury shares) at the end of July. Headquartered in Israel, Nexxen provides a flexible technology platform that empowers advertisers and broadcasters globally, offering various solutions for advertising management. The press release also includes forward-looking statements that involve risks and uncertainties related to the company's future performance and plans.
Potential Positives
- Nexxen repurchased 880,000 Ordinary Shares, which may signal confidence in the company's financial health and future prospects.
- With approximately $7.2 million remaining under its current share repurchase program, Nexxen demonstrates a commitment to returning value to shareholders.
Potential Negatives
- The company may be perceived as lacking growth opportunities, as indicated by its decision to repurchase shares instead of investing in expansion or new initiatives.
- The reliance on forward-looking statements in the announcement may raise concerns among investors regarding the company's future performance and potential risks.
- The substantial amount of share repurchases might divert necessary capital from other potential growth avenues, leading to questions about overall financial health and strategic direction.
FAQ
What recent share repurchase activity did Nexxen announce?
Nexxen repurchased 880,000 Ordinary Shares at an average price of $10.41 in July 2025.
How many Ordinary Shares does Nexxen have outstanding?
As of July 31, 2025, Nexxen had 58,061,174 Ordinary Shares outstanding, excluding treasury shares.
What is Nexxen's expertise in the advertising technology sector?
Nexxen specializes in data and advanced TV, empowering advertisers, agencies, publishers, and broadcasters globally.
Where is Nexxen headquartered?
Nexxen is headquartered in Israel, with offices across the United States, Canada, Europe, and Asia-Pacific.
How much remains under Nexxen's share repurchase program?
Approximately $7.2 million remains under Nexxen's current share repurchase program authorization.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$NEXN Hedge Fund Activity
We have seen 13 institutional investors add shares of $NEXN stock to their portfolio, and 51 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JB CAPITAL PARTNERS LP added 3,357,707 shares (+2490.0%) to their portfolio in Q1 2025, for an estimated $28,036,853
- RICE HALL JAMES & ASSOCIATES, LLC removed 567,544 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $4,738,992
- ROCK POINT ADVISORS, LLC removed 485,095 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $4,050,543
- RENAISSANCE TECHNOLOGIES LLC removed 433,700 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $3,621,395
- MARSHALL WACE, LLP removed 382,924 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $3,197,415
- D. E. SHAW & CO., INC. added 318,234 shares (+inf%) to their portfolio in Q1 2025, for an estimated $2,657,253
- CANTOR FITZGERALD, L. P. added 263,639 shares (+inf%) to their portfolio in Q1 2025, for an estimated $2,201,385
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$NEXN Analyst Ratings
Wall Street analysts have issued reports on $NEXN in the last several months. We have seen 7 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Rosenblatt issued a "Buy" rating on 05/30/2025
- JMP Securities issued a "Market Outperform" rating on 05/23/2025
- Needham issued a "Buy" rating on 05/23/2025
- RBC Capital issued a "Outperform" rating on 05/12/2025
- Canaccord Genuity issued a "Buy" rating on 05/12/2025
- Raymond James issued a "Outperform" rating on 05/05/2025
- Scotiabank issued a "Sector Outperform" rating on 03/31/2025
To track analyst ratings and price targets for $NEXN, check out Quiver Quantitative's $NEXN forecast page.
$NEXN Price Targets
Multiple analysts have issued price targets for $NEXN recently. We have seen 6 analysts offer price targets for $NEXN in the last 6 months, with a median target of $14.5.
Here are some recent targets:
- Barton Crockett from Rosenblatt set a target price of $16.0 on 05/30/2025
- Matthew Condon from JMP Securities set a target price of $15.0 on 05/23/2025
- Laura Martin from Needham set a target price of $14.0 on 05/23/2025
- Matthew Swanson from RBC Capital set a target price of $14.0 on 05/12/2025
- Maria Ripps from Canaccord Genuity set a target price of $14.0 on 05/12/2025
- Andrew Marok from Raymond James set a target price of $15.0 on 05/05/2025
Full Release
NEW YORK, Aug. 01, 2025 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (NASDAQ: NEXN) (“Nexxen” or the “Company”), a global, flexible advertising technology platform with deep expertise in data and advanced TV, today announced that during July 2025 the Company repurchased 880,000 Ordinary Shares at an average price of $10.41.
As of July 31, 2025, Nexxen had 58,061,174 Ordinary Shares outstanding (excluding treasury shares) and approximately $7.2 million remaining under its current share repurchase program authorization.
About Nexxen
Nexxen empowers advertisers, agencies, publishers and broadcasters around the world to utilize data and advanced TV in the ways that are most meaningful to them. Our flexible and unified technology stack comprises a demand-side platform (“DSP”) and supply-side platform (“SSP”), with the Nexxen Data Platform at its core. With streaming in our DNA, Nexxen’s robust capabilities span discovery, planning, activation, monetization, measurement and optimization – available individually or in combination – all designed to enable our partners to achieve their goals, no matter how far-reaching or hyper niche they may be.
Nexxen is headquartered in Israel and maintains offices throughout the United States, Canada, Europe and Asia-Pacific, and is traded on Nasdaq (NEXN). For more information, visit www.nexxen.com .
For further information please contact:
Nexxen International Ltd.
Billy Eckert, Vice President of Investor Relations
[email protected]
Caroline Smith, Vice President of Communications
[email protected]
Forward Looking Statements
This press release contains forward-looking statements, including forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities and Exchange Act of 1934, as amended. Forward-looking statements are identified by words such as “anticipates,” “believes,” “expects,” “intends,” “may,” “can,” “will,” “estimates,” and other similar expressions. However, these words are not the only way Nexxen identifies forward-looking statements. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding the Company’s capital allocation plans generally and with respect to its ongoing and future share repurchase programs. These statements are neither promises nor guarantees but involve known and unknown risks, uncertainties and other important factors that may cause Nexxen’s actual results, performance or achievements to be materially different from its expectations expressed or implied by the forward-looking statements. Nexxen cautions you not to place undue reliance on these forward-looking statements. For a more detailed discussion of these factors, and other factors that could cause actual results to vary materially, interested parties should review the risk factors listed in the Company’s most recent Annual Report on Form 20-F, filed with the U.S. Securities and Exchange Commission ( www.sec.gov ) on March 5, 2025. Any forward-looking statements made by Nexxen in this press release speak only as of the date of this press release, and Nexxen does not intend to update these forward-looking statements after the date of this press release, except as required by law.
Nexxen, and the Nexxen logo are trademarks of Nexxen International Ltd. in the United States and other countries. All other trademarks are the property of their respective owners. The use of the word “partner” or “partnership” in this press release does not mean a legal partner or legal partnership.