No actionable signal from insider activity; dollar amounts are trivial. Monitor NXST's upcoming quarterly earnings and any changes to broadcast revenue outlook for fundamental direction.
Price Chart
Executive Summary
A cluster of eight NXST insiders sold approximately $511K in open-market shares over a week, but this represents only ~0.009% of the $5.5B market cap—well below the materiality threshold. Multiple derivative exercises (non-cash) occurred concurrently, consistent with routine equity plan activity.
Key Financial Metrics
Key Facts
- Total open-market sales of ~$511K by 8 insiders
- Sales represent ~0.009% of NXST's $5.5B market cap
- All sales occurred on June 2 and June 4, 2026
- Multiple insiders also executed non-cash derivative exercises (June 6-8)
- Prior 30-day insider activity: 1 sale of $180K (Director McMillen on June 9)
Financial Impact
~$511K in insider sales, negligible relative to $5.5B market cap
Risk Factors
- Insider selling of this magnitude alone does not indicate bearish sentiment
- Routine tax-related or liquidity-driven sales are common among executives
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NXST-1781126175032 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | Press Release | $167.34 | awaiting T+20 | — | $165.24 (−1.26%) |
Oct 13, 2026 14d ago | Press Release | $160.56 | awaiting T+20 | — | $165.24 (+2.91%) |
Aug 24, 2026 9w ago | Insider Cluster | $189.39 $165.57 | ▼ −12.58% | ▼ −12.83% | $165.24 (−12.75%) |
Aug 17, 2026 10w ago | Court Ruling | $182.57 $163.67 | ▼ −10.35% | ▼ −8.61% | $165.24 (−9.49%) |
Aug 6, 2026 11w ago | 8-K | $187.97 $177.67 | ▼ −5.48% | ▼ −6.08% | $165.24 (−12.10%) |
Aug 3, 2026 12w ago | 8-K | $192.49 $181.14 | ▼ −5.90% | ▼ −7.14% | $165.24 (−14.16%) |
Jun 30, 2026 17w ago | Court Ruling | $178.59 $185.80 | ▲ +4.04% | ▲ +5.07% | $165.24 (−7.48%) |
Jun 29, 2026 17w ago | Insider Buy | $170.73 $183.31 | ▲ +7.37% | ▲ +7.65% | $165.24 (−3.22%) |
Jun 16, 2026 18w ago | 8-K | $172.11 $175.56 | ▲ +2.00% | ▲ +1.80% | $165.24 (−3.99%) |
Jun 15, 2026 19w ago | Insider Cluster | $172.29 $175.46 | ▲ +1.84% | ▲ +2.59% | $165.24 (−4.09%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers