Bernadette S. Aulestia, a director of Nexstar Media Group Inc. (NASDAQ: NXST), sold 300 common shares on August 24, 2026. The transaction was valued at $56,040, based on a price of $186.80 per share. After the sale, Aulestia’s direct holding in Nexstar stands at 4,383 shares.
Nexstar’s stock closed the same day at $186.24. InvestingPro’s fair‑value model places the shares at $191.58, implying a modest undervaluation. The company’s price‑to‑earnings multiple is 34.87 and the dividend yield is close to 4%. Analysts have price targets ranging from $205 to $290.
In its second‑quarter 2026 report, Nexstar posted record revenue of $1.99 billion, beating Wall Street’s $1.88 billion forecast and reflecting a 62.2% year‑over‑year increase driven largely by the recent acquisition of TEGNA. Adjusted earnings per share came in at $3.61, short of the consensus estimate of $5.67, a miss attributed to costs associated with integrating TEGNA.
The insider sale and the earnings release together highlight Nexstar’s strong top‑line growth amid integration expenses that are pressuring profitability.
