Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing audiences. As of December 31, 2020, it provided sales, programming, and other services through various local service agreements to 37 power television stations owned by independent third parties; and owned, operated, programmed, or provided sales and other services to 198 television stations. The company also offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites and mobile applications, as well as owns WGN America, a national general entertainment cable network. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.
IPO Year: 2003
Exchange: NASDAQ
Website: nexstar.tv
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/13/2024 | $190.00 → $221.00 | Equal Weight → Overweight | Wells Fargo |
| 12/8/2023 | $158.00 | Neutral | Citigroup |
| 11/9/2022 | $227.00 → $175.00 | Overweight → Equal Weight | Wells Fargo |
| 9/6/2022 | $181.00 → $246.00 | Neutral → Buy | Rosenblatt |
| 4/19/2022 | $180.00 | Neutral | Rosenblatt |
| 3/2/2022 | $187.00 → $216.00 | Buy | Deutsche Bank |
| 2/23/2022 | $200.00 → $225.00 | Buy | Benchmark |
| 11/3/2021 | $173.00 → $186.00 | Overweight | Wells Fargo |
| 7/2/2021 | $170.00 → $185.00 | Buy | Deutsche Bank |
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Nexstar Media Group, Inc. (NASDAQ:NXST) announced today that its Board of Directors declared a quarterly cash dividend of $1.69 per share of its common stock. The dividend is payable on Friday, November 29, 2024, to shareholders of record on Friday, November 15, 2024. While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the Board of Directors at its discretion. About Nexstar Media Group, Inc. Nexstar Media Group, Inc. (NASDAQ:NXST) is a leading diversified media company that produces and distributes engaging local and national news, sports and entertainment content across its tele
Shopsense's Commerce Operating System Empowers College Football Fans to Purchase Game-Day Gear and Other Items While Watching Live Sports The CW Network and Shopsense AI today announced they are teaming up to transform how fans experience ACC college football broadcasts. In a first for college sports, viewers of the Virginia Tech vs. Syracuse game at 12 p.m. ET on Nov. 2 will be able to shop game-day essentials and team merchandise directly from their mobile devices with technology powered by Shopsense's latest enterprise Commerce Operating System (Commerce OS). The partnership will kick off with ACC college football broadcasts and will expand to other live sports, scripted series, and uns
Acquisition Creates a Nexstar Duopoly in Nation's 19th Largest TV Market and Political Battleground State Station Will Become a CW Affiliate on September 1, 2025 Nexstar Media Group, Inc. (NASDAQ:NXST), today announced that it has agreed to acquire the assets of WBNX-TV/TV55 in Cleveland, Ohio, from the Winston Broadcasting Company. The acquisition will create a duopoly for Nexstar in the nation's 19th largest television market, where the company already owns and operates WJW-TV (FOX). WBNX-TV is currently an independent television station and will, under Nexstar's ownership, become an affiliate of The CW Network on Sept. 1, 2025. The transaction, subject to regulatory and other customar
Executive Will Stay on in Advisory Capacity through End of 2024 The CW Network (The CW) today announced that Dennis Miller will be departing as Network President effective October 31, 2024. He will serve in an advisory role through the end of the calendar year. Prior to his current position with The CW, Mr. Miller was a member of Nexstar's Board of Directors, which he joined in 2014. Mr. Miller has served as President since Nexstar Media Group, Inc. (NASDAQ:NXST) acquired a majority interest in The CW in October 2022, and he has overseen the network's strategic transformation into a robust destination for live sports and entertainment programming. The debuts of WWE NXT wrestling and NASCA
Five Stations Will Carry CW's Primetime Entertainment, Live Sports, and Special Event Programming Beginning in September and October Nexstar Media Group, Inc. (NASDAQ:NXST), today announced that its owned and operated television stations in Augusta, Georgia (WJBF-D3 DMA #110); Monroe, Louisiana (KARD-D2 DMA #142); Wichita Falls, Texas (KFDX-D3 DMA #149); Terre Haute, Indiana (WTWO-D2 DMA #159); and Utica, New York (WFXV-D2 DMA #171), will become affiliates of The CW Network. All five local stations will begin carrying the network's primetime entertainment, live sports, and special event programming beginning in September and October. "The addition of these affiliates will bring the numb
Nexstar Media Group, Inc. (NASDAQ:NXST) announced today that it will report its 2024 third quarter financial results on Thursday, November 7, 2024. The Company will host a conference call and webcast at 10:00 a.m. ET that morning to review the results. To access the conference call, interested parties may dial +1 877-407-9208 or +1 201-493-6784, conference ID 13748486 (domestic and international callers). Participants can also listen to a live webcast of the call through the "Events and Presentations" section under "Investor Relations" on Nexstar's website at www.nexstar.tv. A webcast replay will be available for 90 days following the live event at www.nexstar.tv. Please call five minut
Experienced Washington Media and Communications Industry Advocate Will Represent Company's Interests in the Nation's Capital Nexstar Media Group, Inc. (NASDAQ:NXST), today announced the appointment of Washington, D.C., and media and telecommunications industry advocate Scott Weaver as the company's Senior Vice President of Government Relations. He will report directly to Nexstar's Chairman and Chief Executive Officer, Perry Sook, and will begin his new duties on September 5. In this newly created role, Mr. Weaver will work with Mr. Sook to set the company's legislative and regulatory priorities, represent Nexstar's interests to the executive branch of the federal government, Congress, and
Nexstar Media Group, Inc. (NASDAQ:NXST) today announced that executive management will participate in three institutional investor conferences in September: Citi 2024 Global TMT Conference Location: The Lotte New York Place – New York, NY Date: Wednesday, September 4, 2024 Fireside Chat Presentation: 10:00 a.m. ET Participants: Perry A. Sook, Chairman and CEO and Lee Ann Gliha, EVP and CFO BofA 2024 Media, Communications and Entertainment Conference Location: Bank of America Pavilion – New York, NY Date: Thursday, September 5, 2024 Fireside Chat Presentation: 2:00 p.m. ET Participants: Perry A. Sook, Chairman and CEO and Lee Ann Gliha, EVP and CFO Deutsche Bank's 32nd Annual Leve
Markets Cover Nearly 10% of the Television Audience in the United States and More Than 12 Million TV Households The CW Network and Gray Media (Gray) (NYSE:GTN) today announced that they have reached a comprehensive agreement to renew the affiliations of 38 Gray-owned television stations across the country. Together, the 38 stations reach nearly 10% of the U.S. audience, serving more than 12 million television households. Under terms of the agreement, the stations will remain the exclusive homes of Pac-12 college football, ACC college football and basketball, NASCAR Xfinity Series Racing, WWE NXT wrestling, and LIV Golf in their respective markets. Financial terms were not disclosed.
Q2 Net Revenue Drives Net Income of $106 Million, Adjusted EBITDA of $398 Million and Adjusted Free Cash Flow of $78 Million All-Time High Second Quarter Distribution Revenue Reduced Year-over-Year Quarterly Losses at The CW by $33 Million Quarterly Return of Capital to Shareholders of $190 Million, Reducing Shares Outstanding by 1.7% Nexstar Media Group, Inc. (NASDAQ:NXST) ("Nexstar" or the "Company") today reported financial results for the second quarter ended June 30, 2024 as summarized below. Please visit Nexstar's website to view the full press release. STATEMENT FROM PERRY A. SOOK, FOUNDER, CHAIRMAN AND CEO "Nexstar delivered another period of solid financial results, b
Experienced Washington Media and Communications Industry Advocate Will Represent Company's Interests in the Nation's Capital Nexstar Media Group, Inc. (NASDAQ:NXST), today announced the appointment of Washington, D.C., and media and telecommunications industry advocate Scott Weaver as the company's Senior Vice President of Government Relations. He will report directly to Nexstar's Chairman and Chief Executive Officer, Perry Sook, and will begin his new duties on September 5. In this newly created role, Mr. Weaver will work with Mr. Sook to set the company's legislative and regulatory priorities, represent Nexstar's interests to the executive branch of the federal government, Congress, and
Chief Financial Officer at IPG Brings Extensive Financial and Advertising Industry Expertise to the Board Nexstar Media Group, Inc. (NASDAQ:NXST) today announced the appointment of Ellen Johnson to its Board of Directors effective October 1, 2024. Ms. Johnson will serve as an independent director and will stand for election at the 2025 annual meeting of stockholders. Following her appointment, Nexstar will have 10 Board members, 9 of whom are independent and three of whom are women. Ms. Johnson currently serves as Executive Vice President, Chief Financial Officer of Interpublic Group of Companies (NYSE:IPG), one of the world's leading providers of marketing and advertising solutions. In
Former Amazon Executive Will be Responsible for Accelerating Digital Advertising Sales and Revenue Growth Across Nexstar's Broadcast Group Nexstar Media Group, Inc. (NASDAQ:NXST) today announced the appointment of Lisa Taylor as Senior Vice President of Digital Advertising Sales, responsible for accelerating digital revenue growth across the company's broadcast group. An experienced sales leader with an extensive background in local broadcasting, digital sales, data-mining, strategic planning, and new business development, Ms. Taylor will report to Andrew Alford, President of Nexstar's broadcasting division, and begin her new duties on June 17. Across a 20+ year career in advertising sa
Nexstar Media Group, Inc. (NASDAQ:NXST), today announced the appointment of Stacey Lynn Schulman as Executive Vice President, Platform Marketing and Intelligence, effective immediately. In this newly created position, Ms. Schulman will be responsible for driving demand and developing unique creative opportunities for advertisers to connect with Nexstar's local and national audiences. Ms. Schulman will lead Nexstar Advertising's integrated marketing efforts and oversee the sales intelligence business unit. She will report to Michael Strober, Nexstar's Executive Vice President and Chief Revenue Officer, and be based in New York City. "We are thrilled to have Stacey join our leadership team
Broadcast Sales Leader with More Than a Decade of Experience Will Oversee WCIA-TV, WCIX-TV and WCIA.com Nexstar Media Group, Inc. (NASDAQ:NXST) today announced the appointment of Angie Salas as Vice President and General Manager of its broadcasting and digital operations serving Champaign and Springfield, Illinois (DMA #91), including WCIA-TV (CBS), WCIX-TV (My Network), WCIA.com, and their related digital and social media channels. Ms. Salas will begin her duties immediately and report to Traci Wilkinson, Senior Vice President and Regional Manager for Nexstar's broadcasting division. From 2012 to 2019, Ms. Salas served as Director of Sales for Nexstar's media businesses in Quad Cities,
Accomplished Media Executive with More Than Three Decades of Experience Will Lead KREX-TV, KGJT-TV, and WesternSlopeNow.com Nexstar Media Group, Inc. (NASDAQ:NXST), today announced the appointment of Bill Dallman as Vice President and General Manager of its broadcasting and digital operations serving Grand Junction and Montrose, CO (DMA #187), including KREX-TV (CBS), KGJT-TV (My Network), westernslopenow.com, and their related digital and social media channels. Mr. Dallman will also oversee the Company's operational agreements with Mission Broadcasting, Inc., to provide services to KFQX-TV (FOX) in Grand Junction. Mr. Dallman will report to Traci Wilkinson, Senior Vice President and Regi
The CW Network, LLC ("The CW" "The CW Network") today announced the appointment of Erin McIlvain as Senior Vice President of Affiliate Distribution and Marketing, responsible for managing the network's distribution and overseeing affiliate relations with its station group partners. Ms. McIlvain will begin her new duties immediately and report to Dana Zimmer, President and Chief Distribution and Strategy Officer for Nexstar Media Group, Inc. ("Nexstar")(NASDAQ:NXST), and Dennis Miller, President of The CW Network. Throughout her nearly 20-year career in the media business, Ms. McIlvain has held leadership positions in distribution, marketing and affiliate relations for some of the country'
Media Executive with 20+ Years of Broadcast Television Experience Will Oversee KTXL-TV and FOX40.com Nexstar Media Group, Inc. (NASDAQ:NXST), today announced the appointment of Cathy Gunther as Vice President and General Manager of its broadcasting and digital operations in Sacramento, CA (DMA #20), including KTXL-TV (FOX), FOX40.com, and their related digital and social media channels. Ms. Gunther will begin her duties immediately and report to Matthew Rosenfeld, Senior Vice President and Regional Manager for Nexstar's broadcasting division. Ms. Gunther brings more than twenty years of broadcast management, programming, research, and sales experience to her new role. Throughout her car
Experienced, Proven Sales Leader will Oversee Newly Created National Advertising Sales Team as Part of Nexstar's Unified Sales Strategy Nexstar Media Group, Inc. (NASDAQ:NXST), today announced the appointment of Jon Camera as Senior Vice President of its national advertising sales division, responsible for overseeing and guiding the efforts of the company's newly created national sales team, with offices in markets across the country, including New York, Chicago, Los Angeles, Dallas, Atlanta, and Detroit. Mr. Camera will begin his new duties immediately and report to Todd Braverman, Executive Vice President and Head of National Sales. Mr. Camera is a proven senior sales leader and strat
Former Chief Media Officer at Verizon and Chief Brand Officer at USAA Brings Extensive National and Local Advertising and Strategic Marketing Expertise to Board Nexstar Media Group, Inc. (NASDAQ:NXST) announced the appointment of Tony Wells, 59, to its Board of Directors effective today, July 26, 2023. Mr. Wells fills the open Board position that was created when Dennis Miller stepped down last October to assume the role of President of The CW Network LLC, a 75%-owned subsidiary of Nexstar. As a result of the recent declassification of the Board, Mr. Wells, and all directors, will stand for election at the 2024 annual meeting of stockholders. Mr. Wells is an independent director and will
Nexstar Media Group, Inc. (NASDAQ:NXST) announced today that its Board of Directors declared a quarterly cash dividend of $1.69 per share of its common stock. The dividend is payable on Friday, November 29, 2024, to shareholders of record on Friday, November 15, 2024. While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the Board of Directors at its discretion. About Nexstar Media Group, Inc. Nexstar Media Group, Inc. (NASDAQ:NXST) is a leading diversified media company that produces and distributes engaging local and national news, sports and entertainment content across its tele
Nexstar Media Group, Inc. (NASDAQ:NXST) announced today that it will report its 2024 third quarter financial results on Thursday, November 7, 2024. The Company will host a conference call and webcast at 10:00 a.m. ET that morning to review the results. To access the conference call, interested parties may dial +1 877-407-9208 or +1 201-493-6784, conference ID 13748486 (domestic and international callers). Participants can also listen to a live webcast of the call through the "Events and Presentations" section under "Investor Relations" on Nexstar's website at www.nexstar.tv. A webcast replay will be available for 90 days following the live event at www.nexstar.tv. Please call five minut
Q2 Net Revenue Drives Net Income of $106 Million, Adjusted EBITDA of $398 Million and Adjusted Free Cash Flow of $78 Million All-Time High Second Quarter Distribution Revenue Reduced Year-over-Year Quarterly Losses at The CW by $33 Million Quarterly Return of Capital to Shareholders of $190 Million, Reducing Shares Outstanding by 1.7% Nexstar Media Group, Inc. (NASDAQ:NXST) ("Nexstar" or the "Company") today reported financial results for the second quarter ended June 30, 2024 as summarized below. Please visit Nexstar's website to view the full press release. STATEMENT FROM PERRY A. SOOK, FOUNDER, CHAIRMAN AND CEO "Nexstar delivered another period of solid financial results, b
Nexstar Media Group, Inc. (NASDAQ:NXST) announced today that its Board of Directors declared a quarterly cash dividend of $1.69 per share of its common stock. The dividend is payable on Friday, August 23, 2024, to shareholders of record on Friday, August 9, 2024. In addition, The Board of Directors also approved a new share repurchase program authorizing the Company to repurchase up to $1.5 billion of its common stock. The new share repurchase authorization is in addition to Nexstar's existing share repurchase program announced in July 2022, of which $496 million remained as of May 8, 2024. While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all s
Nexstar Media Group, Inc. (NASDAQ:NXST) announced today that it will report its 2024 second quarter financial results on Thursday, August 8, 2024. The Company will host a conference call and webcast at 10:00 a.m. ET that morning to review the results. To access the conference call, interested parties may dial +1 877-407-9208 or +1 201-493-6784, conference ID 13747205 (domestic and international callers). Participants can also listen to a live webcast of the call through the "Events and Presentations" section under "Investor Relations" on Nexstar's website at www.nexstar.tv. A webcast replay will be available for 90 days following the live event at www.nexstar.tv. Please call five minute
Q1 Net Revenue Drives Net Income of $167 Million, Adjusted EBITDA of $542 Million and Adjusted Free Cash Flow of $403 Million All-Time High Quarterly Distribution Revenue Reduced Year-over-Year Quarterly Losses at The CW by $50 Million Quarterly Return of Capital to Shareholders of $168 Million, Reducing Shares Outstanding by 1.7% Nexstar Media Group, Inc. (NASDAQ:NXST) ("Nexstar" or the "Company") today reported financial results for the first quarter ended March 31, 2024. Please visit Nexstar's website to view the full press release. STATEMENT FROM PERRY A. SOOK, FOUNDER, CHAIRMAN AND CEO "Nexstar is off to a strong start in 2024, delivering the highest first quarter net reven
Nexstar Media Group, Inc. (NASDAQ:NXST) announced today that its Board of Directors declared a quarterly cash dividend of $1.69 per share of its common stock. The dividend is payable on Friday, May 24, 2024, to shareholders of record on Friday, May 10, 2024. While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the Board of Directors at its discretion. About Nexstar Media Group, Inc. Nexstar Media Group, Inc. (NASDAQ:NXST) is a leading diversified media company that produces and distributes engaging local and national news, sports and entertainment content across its television an
Nexstar Media Group, Inc. (NASDAQ:NXST) announced today that it will report its 2024 first quarter financial results on Thursday, May 9, 2024. The Company will host a conference call and webcast at 10:00 a.m. ET that morning to review the results. To access the conference call, interested parties may dial +1 877-407-9208 or +1 201-493-6784, conference ID 13745345 (domestic and international callers). Participants can also listen to a live webcast of the call through the "Events and Presentations" section under "Investor Relations" on Nexstar's website at www.nexstar.tv. A webcast replay will be available for 90 days following the live event at www.nexstar.tv. Please call five minutes in
Q4 Consolidated Net Revenue Drives Operating Income of $230 Million, Net Income of $100 Million, Consolidated Adjusted EBITDA of $411 Million and Attributable Free Cash Flow of $265 Million Quarterly and Full Year Return of Capital to Shareholders of $137 Million and $796 Million, Respectively, Reduced Shares Outstanding by 8.7% during 2023 Issues 2024 Adjusted EBITDA Guidance of $2.085 Billion to $2.195 Billion Nexstar Media Group, Inc. (NASDAQ:NXST) ("Nexstar" or the "Company") today reported financial results for the fourth quarter and year ended December 31, 2023 as summarized below: Summary 2023 Fourth Quarter and Full Year Highlights NEXSTAR - CONSOLIDATED(1)
Dividend Represents a 3.8% Annualized Yield Based on the Closing Stock Price on January 25, 2024 Increase Marks Eleventh Consecutive Annual Cash Dividend Increase Nexstar Media Group, Inc. (NASDAQ:NXST) announced today that its Board of Directors approved a 25% increase to its quarterly cash dividend to $1.69 per share beginning with the dividend declared for the first quarter of 2024. The dividend is payable on Friday, February 23, 2024, to shareholders of record on Friday, February 9, 2024. Perry Sook, Nexstar Media Group's Founder, Chairman and Chief Executive Officer stated, "Nexstar's strong free cash flow generation continues to support our long-standing commitment to deliveri
Wells Fargo upgraded Nexstar from Equal Weight to Overweight and set a new price target of $221.00 from $190.00 previously
Citigroup initiated coverage of Nexstar with a rating of Neutral and set a new price target of $158.00
Wells Fargo downgraded Nexstar from Overweight to Equal Weight and set a new price target of $175.00 from $227.00 previously
Rosenblatt upgraded Nexstar from Neutral to Buy and set a new price target of $246.00 from $181.00 previously
Rosenblatt initiated coverage of Nexstar with a rating of Neutral and set a new price target of $180.00
Deutsche Bank reiterated coverage of Nexstar Media Group with a rating of Buy and set a new price target of $216.00 from $187.00 previously
Benchmark reiterated coverage of Nexstar Media Group with a rating of Buy and set a new price target of $225.00 from $200.00 previously
Wells Fargo reiterated coverage of Nexstar Media Group with a rating of Overweight and set a new price target of $186.00 from $173.00 previously
Deutsche Bank reiterated coverage of Nexstar Media Group with a rating of Buy and set a new price target of $185.00 from $170.00 previously
Wells Fargo & Company reiterated coverage of Nexstar Media Group with a rating of Overweight and set a new price target of $170.00 from $143.00 previously
Barrington Research analyst James Goss maintains Nexstar Media Gr (NASDAQ:NXST) with a Outperform and maintains $200 price target.
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the communication services sector. Omnicom Group Inc. (NYSE:OMC) Dividend Yield: 3.05% JP Morgan analyst David
Nexstar Media Gr's (NYSE:NXST) short percent of float has fallen 7.28% since its last report. The company recently reported that it has 2.25 million shares sold short, which is 8.15% of all regular shares that are available for trading. Based on its trading volume, it would take traders 6.78 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short inter
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. Here's the list of options activity happening in today's session: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume GOOGL CALL SWEEP BULLISH 06/21/24 $177.50 $41.2K 9.6K 17.1K GOOG CALL TRADE BEARISH 06/28/24 $182.50
Benchmark analyst Daniel Kurnos reiterates Nexstar Media Gr (NASDAQ:NXST) with a Buy and maintains $225 price target.
Nexstar Media Gr's (NYSE:NXST) short percent of float has risen 9.33% since its last report. The company recently reported that it has 2.43 million shares sold short, which is 8.79% of all regular shares that are available for trading. Based on its trading volume, it would take traders 7.75 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short intere
Nexstar Media Gr's (NYSE:NXST) short percent of float has fallen 7.27% since its last report. The company recently reported that it has 2.22 million shares sold short, which is 8.04% of all regular shares that are available for trading. Based on its trading volume, it would take traders 6.64 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short inter
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. Here's the list of options activity happening in today's session: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume TMUS PUT TRADE BEARISH 01/17/25 $115.00 $79.5K 2.0K 1.5K LBTYA PUT SWEEP NEUTRAL 01/17/25 $15.00 $55.
Michael Burry, the legendary investor who famously predicted the 2008 financial crisis, has once again made headlines with his latest 13F filing for his hedge fund Scion Asset Management LLC. The first quarter of 2024 reveals a strategic recalibration towards physical commodities and renewable energy, while Burry shifted away from some tech giants. The total market value of Scion's 13F securities increased from $94.6 million to $103.49 million. The fund’s activity included five new purchases, additions to 11 existing positions, and complete sell-offs of 14 stocks. Top 5 Buys: A Golden Bet On Gold And Clean Energy Burry's top buys for Q1 2024 reveal a clear pivot towards physica
Barrington Research analyst James Goss maintains Nexstar Media Gr (NASDAQ:NXST) with a Outperform and maintains $200 price target.