medium
Sell
7,261 shares
$1,196,613
Significance
4/10
NXST insider WEITMAN GARY sold 7,261 shares at $164.80 on 2024-09-26, reducing holding 58.2%; stock -10.5% from 52-week high.
Gary Weitman sold 7,261 shares (58.2% of his holdings) at $164.80, reducing his position from 12,477 to 5,216 shares. The sale occurred while the stock trades 10.5% below its 52-week high of $184.79, and the company faces headwinds with annual revenue declining 5.3% year-over-year despite a solid P/E of 12.35. The substantial reduction in his stake—cutting his holding nearly in half—represents a material reduction in personal exposure to the company, occurring in a period of modest recent weakness (30-day decline of 3.2%).