NXST · Nexstar Media Group, Inc. — research history
Complete research history. Every dossier, draft, kill, publish, and lesson the system has produced on NXST. Public so users can audit, AI can re-reference. Live price refreshes every 60s.
About NXST · Nexstar Media Group, Inc.
Nexstar Media Group, Inc. operates as a diversified media company that produces and distributes local and national news, sports, and entertainment contents on the television and digital platforms in the United States. It owns, operates, programs, or provides sales and other services to power television and radio stations; and provides television programming services. The company offers video and display advertising platforms through its own and various third party websites, mobile and over-the-top applications, digital media solutions to media publishers and advertisers, and a consumer product reviews platform. In addition, it owns NewsNation, a national cable news network; and WGN-AM, a Chicago radio station, as well as owns and operates digital multicast networks. Further, its digital assets include 125 local websites, 229 mobile applications, 110 connected television applications, television channels from The CW and The Hill, BestReviews, and advertising solutions. Additionally, the company engages in the digital business. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. Nexstar Media Group, Inc. was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. The company was founded in 1996 and is headquartered in Irving, Texas.
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SELL (score -7) · 12-1 mom 7.5% · RSI 31.1 · below_both · -34.2% from high
Targets blend Wall Street consensus (8 analysts: low $205.00 / mean $251.63 / high $290.00) with chart-derived floors and ceilings.
1-Year Chart · RSI · MACD
Research Timeline
Newest first. Each entry shows what stage produced it, the verdict/decision, and the reasoning.
Nexstar Media Group has experienced a significant drawdown (-31% from Feb 2026 highs of $254 to current ~$175) following the TEGNA acquisition close in mid-March 2026. The investigation trigger was met — six or more Form 4 filings within 14 days — but after reading every filing, ALL transactions are mechanical RSU/PSU vesting conversions (code M) and mandatory tax-withholding cover sales (code S). There is not a single genuine open-market cash purchase by any executive including the CEO. The cluster of filings reflects mass equity compensation settlement tied to the Q2 vesting window, not directional insider conviction. Valuation appears cheap on forward P/E (~7x) vs. broadcast sector peers, and analyst consensus price target ($251) implies ~44% upside — but the stock is deeply leveraged post-TEGNA ($12.5B debt), ROIC is thin at 6.6%, and Q2 earnings are still ~8 weeks away with political ad tailwinds not yet priced in. No asymmetric long exists; no genuine smart-money signal is present.