Insider Selling: New York Times (NYSE:NYT) EVP Sells 4,000 Shares of 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 stock was sold at an average price of $74.14, for a total value of $296,560.00. Following the completion of the sale, the executive vice president owned 23,873 shares in the company, valued at approximately $1,769,944.22. This represents a 14.35% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

New York Times Stock Up 2.0%

Shares of NYSE NYT traded up $1.54 during midday trading on Friday, reaching $76.79. 1,517,958 shares of the stock were exchanged, compared to its average volume of 2,181,157. The firm has a market cap of $12.43 billion, a price-to-earnings ratio of 32.96, a PEG ratio of 1.56 and a beta of 0.95. The firm has a 50-day simple moving average of $79.30 and a two-hundred day simple moving average of $74.51. The New York Times Company has a twelve month low of $51.03 and a twelve month high of $87.10.

New York Times (NYSE:NYT) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.12. The firm had revenue of $712.24 million for the quarter, compared to the consensus estimate of $699.93 million. New York Times had a net margin of 13.18% and a return on equity of 22.02%. The firm’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.41 earnings per share. Research analysts expect that The New York Times Company will post 2.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on NYT. JPMorgan Chase & Co. lifted their price target on New York Times from $74.00 to $82.00 and gave the company an “overweight” rating in a research note on Friday, May 29th. Guggenheim raised their price objective on New York Times from $63.00 to $70.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Evercore restated an “outperform” rating and issued a $92.00 price objective on shares of New York Times in a research report on Thursday, May 7th. Morgan Stanley set a $90.00 target price on New York Times in a research note on Thursday, May 7th. Finally, Bank of America started coverage on shares of New York Times in a research note on Wednesday, April 22nd. They issued a “neutral” rating and a $84.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, New York Times currently has an average rating of “Moderate Buy” and a consensus price target of $81.67.

New York Times News Roundup

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?

Hedge Funds Weigh In On New York Times

Hedge funds and other institutional investors have recently made changes to their positions in the company. Berkshire Hathaway Inc acquired a new position in New York Times in the 4th quarter valued at $351,664,000. Bank of Montreal Can lifted its holdings in New York Times by 10,018.3% in the 4th quarter. Bank of Montreal Can now owns 2,316,172 shares of the company’s stock valued at $160,789,000 after purchasing an additional 2,293,281 shares in the last quarter. AQR Capital Management LLC boosted its stake in New York Times by 78.1% during the 2nd quarter. AQR Capital Management LLC now owns 4,187,888 shares of the company’s stock worth $233,265,000 after purchasing an additional 1,836,788 shares during the last quarter. Egerton Capital UK LLP purchased a new stake in shares of New York Times during the fourth quarter worth $97,882,000. Finally, Two Sigma Investments LP grew its holdings in shares of New York Times by 98.5% during the third quarter. Two Sigma Investments LP now owns 2,055,628 shares of the company’s stock worth $117,993,000 after buying an additional 1,020,031 shares in the last quarter. Hedge funds and other institutional investors own 95.37% of the company’s stock.

New York Times Company Profile

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.