Nexstar media president Alford sells $136k in shares

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil rises as de-escalation hopes fade; Trump says Iran let 10 ships through Hormuz Stocks slump on fading hopes for Iran peace talks; Nasdaq in correction territory Iran conflict latest: Trump says Iranian negotiators "begging" for peace deal Gold dip looks like a buy as central banks step in, Barclays tells investors (South Africa Philippines Nigeria) Nexstar media president Alford sells $136k in shares By Insider Trading Published 03/26/2026, 04:25 PM Nexstar media president Alford sells $136k in shares 0 NXST 0.70% Andrew Alford, President of Broadcasting at Nexstar Media Group, INC. (NASDAQ:NXST) , sold 623 shares of common stock on March 25, 2026, at a price of $218.5318, totaling approximately $136,145. On March 24, Alford also acquired 1,784 shares of Nexstar Media Group common stock through the conversion of restricted stock units and performance stock units, with the price reported as $0. In other recent news, Nexstar Media Group has completed its acquisition of TEGNA Inc. after receiving approval from both the Federal Communications Commission and the U.S. Department of Justice. This $6.2 billion deal aims to enhance local journalism services across the communities served by the combined company. In support of this acquisition, Nexstar Media Inc., a subsidiary of Nexstar Media Group, has priced a $5.115 billion debt offering. The offering includes $3.39 billion in 6.500% senior secured notes due 2033 and $1.725 billion in 7.250% senior notes due 2034. Additionally, Nexstar announced an early settlement for TEGNA Inc.’s 5.000% Senior Notes due 2029, with $1,036,551,000 in notes validly tendered by the early deadline. Deutsche Bank has responded positively to these developments by raising its price target for Nexstar to $270 from $250 while maintaining a Buy rating. The bank cited synergies from the TEGNA acquisition as a key factor in its revised outlook. This article was generated with the support o...