NXST President Alford sells 3,768 shares ($685.7K) at $181.98; post-sale holdings drop 41.1%. Prior NXST sale was well-timed (90d -5.7%).
Andrew Alford, President of Broadcasting at Nexstar Media Group, sold 3,768 shares for $685,715.71 at $181.98 on 2025-03-26, reducing his holdings from 9,173 to 5,405 shares (a 41.1% reduction). His prior sale at NXST on 2024-09-24 achieved a 90-day return of -5.7%, meaning the stock declined after his sale—a well-timed outcome. The current stock price of $179.49 sits 4.8% below the 52-week high, suggesting the sale preceded a modest pullback consistent with his historical pattern at this ticker. Company fundamentals remain solid: $1.4B quarterly revenue, $187.0M net income, and a low P/E of 5.65 with 9.6% annual revenue growth. The stock has gained 20.3% in the past 30 days and 12.8% over 90 days, indicating strong recent momentum that preceded this transaction.