Nexxen International (NASDAQ:NEXN) CFO Sagi Niri Sells 1,160 Shares

Nexxen International Ltd. Sponsored ADR (NASDAQ:NEXN) CFO Sagi Niri sold 1,160 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $8.71, for a total transaction of $10,103.60. Following the sale, the chief financial officer owned 459,023 shares in the company, valued at $3,998,090.33. This represents a 0.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sagi Niri also recently made the following trade(s):

• On Tuesday, June 16th, Sagi Niri sold 34,667 shares of Nexxen International stock. The shares were sold at an average price of $8.78, for a total transaction of $304,376.26.
• On Friday, June 12th, Sagi Niri sold 200 shares of Nexxen International stock. The shares were sold at an average price of $8.70, for a total transaction of $1,740.00.
• On Wednesday, June 10th, Sagi Niri sold 5,922 shares of Nexxen International stock. The shares were sold at an average price of $8.74, for a total transaction of $51,758.28.
• On Thursday, June 4th, Sagi Niri sold 13,164 shares of Nexxen International stock. The shares were sold at an average price of $8.54, for a total transaction of $112,420.56.
• On Wednesday, June 3rd, Sagi Niri sold 1,027 shares of Nexxen International stock. The shares were sold at an average price of $8.58, for a total transaction of $8,811.66.
• On Tuesday, June 2nd, Sagi Niri sold 18,660 shares of Nexxen International stock. The shares were sold at an average price of $8.52, for a total transaction of $158,983.20.
• On Monday, June 1st, Sagi Niri sold 33,757 shares of Nexxen International stock. The shares were sold at an average price of $8.63, for a total transaction of $291,322.91.
• On Friday, May 29th, Sagi Niri sold 1,486 shares of Nexxen International stock. The shares were sold at an average price of $8.50, for a total transaction of $12,631.00.

Nexxen International Stock Down 1.9%

NEXN traded down $0.17 on Wednesday, reaching $8.58. 488,999 shares of the company traded hands, compared to its average volume of 327,449. The stock’s 50 day moving average price is $7.82 and its 200-day moving average price is $6.93. Nexxen International Ltd. Sponsored ADR has a 52-week low of $5.60 and a 52-week high of $11.59. The company has a market cap of $482.88 million, a price-to-earnings ratio of 28.60 and a beta of 1.64. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.25 and a quick ratio of 1.25.

Nexxen International (NASDAQ:NEXN) last announced its quarterly earnings data on Wednesday, April 1st. The company reported $0.06 EPS for the quarter. Nexxen International had a net margin of 4.85% and a return on equity of 7.78%. The firm had revenue of $86.84 million for the quarter. On average, sell-side analysts expect that Nexxen International Ltd. Sponsored ADR will post 0.73 EPS for the current fiscal year.

Nexxen International News Roundup

Here are the key news stories impacting Nexxen International this week:

• Positive Sentiment: Nexxen raised full-year 2026 Contribution ex-TAC and programmatic revenue guidance for the second time this year, signaling stronger-than-expected business momentum and improving investor confidence in the company’s outlook.
• Positive Sentiment: The company launched MCP and agent-to-agent AI integrations for its platform, expanding nexAI capabilities and positioning Nexxen as an early adopter of interoperable AI tools in ad tech.
• Positive Sentiment: Several analysts turned more constructive: Raymond James raised its target to $11 with an outperform rating, Scotiabank lifted its target to $11 with sector outperform, BTIG increased its target to $10, Needham lifted its target to $10.50, and Rosenblatt reaffirmed a buy rating with a $16 target, reinforcing the view that shares have meaningful upside.
• Neutral Sentiment: The company also held an analyst/investor day transcript release, which likely helped keep attention on management’s execution and updated strategy.
• Negative Sentiment: CFO Sagi Niri disclosed multiple share sales under a pre-arranged 10b5-1 plan, including a larger June 16 sale, which may weigh on sentiment despite the trades being planned in advance.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on NEXN shares. Wall Street Zen raised shares of Nexxen International from a “hold” rating to a “buy” rating in a research report on Saturday, May 23rd. Royal Bank Of Canada boosted their price objective on shares of Nexxen International from $10.00 to $11.00 and gave the company an “outperform” rating in a research report on Thursday, May 14th. BTIG Research boosted their price objective on shares of Nexxen International from $9.00 to $10.00 and gave the company a “buy” rating in a research report on Tuesday. Rosenblatt Securities reaffirmed a “buy” rating and set a $16.00 price objective on shares of Nexxen International in a research report on Wednesday. Finally, Scotiabank boosted their target price on shares of Nexxen International from $10.00 to $11.00 and gave the stock a “sector outperform” rating in a research report on Wednesday. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $11.17.

Institutional Trading of Nexxen International

Large investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System bought a new stake in Nexxen International in the second quarter worth approximately $25,000. Quantbot Technologies LP bought a new stake in shares of Nexxen International during the 3rd quarter worth $43,000. New York State Common Retirement Fund bought a new stake in shares of Nexxen International during the 2nd quarter worth $124,000. Jump Financial LLC bought a new stake in shares of Nexxen International during the 4th quarter worth $95,000. Finally, FourThought Financial Partners LLC bought a new stake in shares of Nexxen International during the 3rd quarter worth $168,000. 54.24% of the stock is owned by institutional investors.

About Nexxen International

Tremor International Ltd provides end-to-end software platform that enables advertisers to reach relevant audiences and publishers. The company's demand side platform (DSP) offers full-service and self-managed marketplace access to advertisers and agencies to execute their digital marketing campaigns in real time across various ad formats. Its sell supply side platform (SSP) provides access to data and a comprehensive product suite to drive inventory management and revenue optimization. The company also offers data management platform solution, which integrates DSP and SSP solutions enabling advertisers and publishers to use data from various sources in order to optimize results of their advertising campaigns.