Insider Selling: New York Times (NYSE:NYT) EVP Sells $296,560.00 in Stock

The New York Times Company (NYSE:NYT) EVP Jacqueline Welch sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $74.14, for a total transaction of $296,560.00. Following the completion of the sale, the executive vice president directly owned 23,873 shares of the company’s stock, valued at $1,769,944.22. The trade was a 14.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

New York Times Stock Performance

Shares of NYSE:NYT opened at $76.79 on Monday. The New York Times Company has a 52 week low of $51.03 and a 52 week high of $87.10. The company has a market capitalization of $12.43 billion, a PE ratio of 32.96, a PEG ratio of 1.59 and a beta of 0.95. The company has a 50 day moving average price of $79.14 and a two-hundred day moving average price of $74.61.

New York Times (NYSE:NYT) last issued its earnings results on Wednesday, May 6th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.49 by $0.12. New York Times had a net margin of 13.18% and a return on equity of 22.02%. The firm had revenue of $712.24 million during the quarter, compared to the consensus estimate of $699.93 million. During the same quarter in the prior year, the firm earned $0.41 earnings per share. The business’s quarterly revenue was up 12.0% on a year-over-year basis. On average, sell-side analysts forecast that The New York Times Company will post 2.93 earnings per share for the current year.

Key New York Times News

Here are the key news stories impacting New York Times this week:

• Negative Sentiment: The Schall Law Firm said it is investigating potential breaches of fiduciary duty by The New York Times Company’s directors and management, which can create uncertainty and weigh on investor sentiment. NYT Investors Have the Opportunity to Join Investigation of The New York Times Company with the Schall Law Firm
• Neutral Sentiment: Several New York Times articles on elections and politics were published over the past day, including live primary results and Washington coverage, but these are routine content updates and are unlikely to materially affect NYT’s business outlook. Montana U.S. Senate Primary 2026: Live Election Results
• Neutral Sentiment: Zacks noted that NYT has fallen since its last earnings report, suggesting the market is still digesting recent results and looking for the next catalyst. Why Is New York Times (NYT) Down 6.2% Since Last Earnings Report?

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Guggenheim upped their target price on shares of New York Times from $63.00 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Wall Street Zen raised shares of New York Times from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $95.00 target price on shares of New York Times in a research note on Thursday, May 7th. Argus raised shares of New York Times to a “strong-buy” rating in a research note on Thursday, February 19th. Finally, Bank of America started coverage on shares of New York Times in a report on Wednesday, April 22nd. They issued a “neutral” rating and a $84.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $81.67.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Pinnacle Wealth Management Advisory Group LLC grew its holdings in shares of New York Times by 4.2% during the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,366 shares of the company’s stock worth $282,000 after buying an additional 135 shares in the last quarter. Andina Capital Management LLC grew its holdings in shares of New York Times by 1.7% during the fourth quarter. Andina Capital Management LLC now owns 8,814 shares of the company’s stock worth $612,000 after buying an additional 147 shares in the last quarter. Jackson Thornton Wealth Management LLC grew its holdings in shares of New York Times by 3.5% during the fourth quarter. Jackson Thornton Wealth Management LLC now owns 4,355 shares of the company’s stock worth $302,000 after buying an additional 148 shares in the last quarter. Bessemer Group Inc. grew its holdings in shares of New York Times by 34.4% during the first quarter. Bessemer Group Inc. now owns 687 shares of the company’s stock worth $58,000 after buying an additional 176 shares in the last quarter. Finally, Brown Advisory Inc. grew its holdings in shares of New York Times by 1.1% during the fourth quarter. Brown Advisory Inc. now owns 17,944 shares of the company’s stock worth $1,246,000 after buying an additional 189 shares in the last quarter. 95.37% of the stock is currently owned by institutional investors.

About New York Times

The New York Times Company is a publicly traded media organization best known for publishing The New York Times newspaper and operating the NYTimes.com digital platform. The company produces daily print and digital journalism covering national and international news, opinion pieces, feature stories, and multimedia content. Alongside its flagship newspaper, the firm offers a range of subscription-based services, including Times Cooking, NYT Games, podcasts and newsletters, designed to engage a broad audience of readers and advertisers.

Founded in 1851 by Henry Jarvis Raymond and George Jones, The New York Times has built a reputation for in-depth reporting and investigative journalism.