NXST NEXSTAR MEDIA GROUP, INC.
Price Chart
Executive Summary
Two Nexstar insiders — President of Networks Sean Compton and an executive — sold a combined $1.03M in open-market sales over a 5-day window. President & COO Michael Biard also sold $185K in a separate transaction, while exercising non-cash derivatives. The cluster is modest relative to NXST's $5.7B market cap (~0.02%), and the sales are likely liquidity-driven given the small dollar amounts and Biard's concurrent option exercises. No material negative signal is warranted.
Key Financial Metrics
Actionable Insight
The insider sales are too small to signal material bearish conviction. Monitor for any larger cluster or C-suite sales above 0.5% of market cap, which would warrant closer attention. NXST's strong analyst consensus (86% bullish) and positive historical call performance suggest the stock's upward trend remains intact.
Key Facts
- Sean Compton (President, Networks) sold 5,000 shares at ~$196 for $980K on 2026-05-19
- Dan Lanzano sold 237 shares at ~$196 for $47K on 2026-05-18
- Michael Biard (President & COO) sold 989 shares at ~$187 for $185K on 2026-05-27
- Biard also exercised 5,000 derivative shares at $0 (non-cash) on 2026-05-23
- Total cluster value of $1.03M represents ~0.02% of NXST's $5.7B market cap
- No 10b5-1 plan designation noted; sales are small and likely routine
Financial Impact
Total insider sales of $1.03M, or ~0.02% of market cap — trivial relative to company size
Risk Factors
- Insider sales could precede a negative catalyst, though dollar amounts are too small to be predictive
- Biard's option exercises and concurrent sale may indicate personal liquidity needs, not company outlook
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NXST-1779921395716 |
Track record builds as more directional reports settle.
Filters
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Jun 11, 2026
1d ago
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Insider Cluster
| $174.40 awaiting T+1 | awaiting T+1 | — | $174.50 (+0.06%) |
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Jun 11, 2026
1d ago
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Insider Cluster
| $174.40 awaiting T+1 | awaiting T+1 | — | $174.50 (+0.06%) |
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Jun 11, 2026
1d ago
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Insider Cluster
| $174.40 awaiting T+1 | awaiting T+1 | — | $174.50 (+0.06%) |
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Jun 11, 2026
1d ago
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Insider Cluster
| $174.40 awaiting T+1 | awaiting T+1 | — | $174.50 (+0.06%) |
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Jun 11, 2026
1d ago
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Insider Cluster
| $174.40 awaiting T+1 | awaiting T+1 | — | $174.50 (+0.06%) |
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Jun 11, 2026
1d ago
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Insider Cluster
| $174.40 awaiting T+1 | awaiting T+1 | — | $174.50 (+0.06%) |
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Jun 9, 2026
3d ago
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Insider Cluster
| $179.36 awaiting T+1 | awaiting T+1 | — | $174.50 (−2.71%) |
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Jun 9, 2026
3d ago
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Insider Cluster
| $179.36 awaiting T+1 | awaiting T+1 | — | $174.50 (−2.71%) |
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Jun 5, 2026
7d ago
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Insider Cluster
| $182.05 awaiting T+1 | awaiting T+1 | — | $174.50 (−4.15%) |
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Jun 5, 2026
7d ago
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Insider Cluster
| $182.05 awaiting T+1 | awaiting T+1 | — | $174.50 (−4.15%) |
US Market Status
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