Nexstar media director Aulestia sells $56,040 in common stock

Nexstar Media Group director Bernadette S. Aulestia divested 300 shares of the company's common stock, netting $56,040 from the sale. The shares were exchanged at a price of $186.80 each, close to the current trading price of $186.24. Post-transaction, Ms. Aulestia retains 4,383 Nexstar shares. The stock's current valuation seems undervalued, according to InvestingPro data, which estimates a Fair Value of $191.58.

Nexstar's financials show a P/E ratio of 34.87 and a dividend yield of 4%. Analysts project upside potential, with price targets ranging from $205 to $290. The company recently reported a record Q2 2026 revenue of $1.99 billion, exceeding Wall Street's estimate of $1.88 billion. However, adjusted earnings per share fell short, landing at $3.61 against expectations of $5.67, primarily due to TEGNA acquisition costs.

Revenue grew by 62.2% year-over-year, driven by the TEGNA acquisition. No analysts upgraded or downgraded Nexstar following these earnings, reflecting the financial impact of recent strategic decisions.