ARK Investment Management LLC Takes Position in Nexxen International Ltd. Sponsored ADR $NEXN

ARK Investment Management LLC bought a new stake in shares of Nexxen International Ltd. Sponsored ADR (NASDAQ:NEXN) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 194,362 shares of the company’s stock, valued at approximately $1,798,000. ARK Investment Management LLC owned approximately 0.31% of Nexxen International at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NEXN. California State Teachers Retirement System purchased a new stake in shares of Nexxen International during the second quarter valued at approximately $25,000. Navellier & Associates Inc. raised its position in shares of Nexxen International by 4.0% in the 3rd quarter. Navellier & Associates Inc. now owns 110,156 shares of the company’s stock valued at $1,019,000 after purchasing an additional 4,200 shares in the last quarter. Quantbot Technologies LP acquired a new position in Nexxen International during the 3rd quarter worth $43,000. Legato Capital Management LLC increased its position in shares of Nexxen International by 54.4% in the 3rd quarter. Legato Capital Management LLC now owns 20,213 shares of the company’s stock worth $187,000 after purchasing an additional 7,124 shares during the last quarter. Finally, Strs Ohio raised its stake in shares of Nexxen International by 14.1% in the 3rd quarter. Strs Ohio now owns 61,400 shares of the company’s stock valued at $568,000 after purchasing an additional 7,600 shares in the last quarter. Hedge funds and other institutional investors own 54.24% of the company’s stock.

More Nexxen International News

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

• Positive Sentiment: Q4 results beat expectations — Nexxen reported $0.33 EPS vs. $0.27 expected and revenue of $100.7M vs. $100.4M consensus; the quarter showed healthy margins and ROE, a clear near‑term catalyst for sentiment. MarketBeat Q4 Results
• Positive Sentiment: Rosenblatt raised its price target from $15 to $16 and reiterated a buy rating — this is a strong bullish signal and was cited by market sources as supporting today’s upside. TickerReport on Rosenblatt
• Positive Sentiment: Product & distribution wins: Nexxen highlighted expansion into AI‑resilient channels, enhanced mobile in‑app capabilities, and a programmatic Smart TV home‑screen ad solution integrated with VIDAA and The Trade Desk — these growth initiatives support medium‑term revenue mix improvement. GlobeNewswire Release
• Neutral Sentiment: FY‑2026 revenue guidance set at $375M–$390M, slightly below the $387.1M consensus — guidance narrows expectations but is broadly in line with current forecasts; watch execution vs. this range. Guidance Release
• Neutral Sentiment: Canaccord and Scotiabank trimmed price targets (Canaccord $12→$11; Scotiabank $12→$10) but kept buy/sector‑outperform ratings — these cuts reduce implied upside but maintain analyst support. Benzinga Coverage
• Negative Sentiment: Needham lowered its target from $9 to $7.50 while keeping a buy rating — that target is roughly in line with the current share price and represents a downside pressure on upside expectations. TickerReport on Needham

Nexxen International Trading Up 12.0%

Shares of NEXN stock opened at $7.48 on Friday. Nexxen International Ltd. Sponsored ADR has a 1 year low of $5.60 and a 1 year high of $12.60. The firm has a market capitalization of $424.49 million, a PE ratio of 18.24 and a beta of 1.69. The stock has a fifty day moving average of $6.20 and a two-hundred day moving average of $7.51. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.25 and a current ratio of 1.25.

Nexxen International (NASDAQ:NEXN) last issued its quarterly earnings results on Wednesday, March 4th. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.06. The company had revenue of $100.71 million for the quarter, compared to analyst estimates of $100.39 million. Nexxen International had a return on equity of 9.42% and a net margin of 6.87%. As a group, research analysts expect that Nexxen International Ltd. Sponsored ADR will post 0.25 EPS for the current year.

Nexxen International declared that its board has initiated a stock repurchase plan on Thursday, November 20th that authorizes the company to repurchase $40.00 million in shares. This repurchase authorization authorizes the company to repurchase up to 9.9% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. BTIG Research reduced their price target on shares of Nexxen International from $13.00 to $10.00 and set a “buy” rating on the stock in a research report on Thursday, November 13th. Canaccord Genuity Group dropped their price objective on shares of Nexxen International from $12.00 to $11.00 and set a “buy” rating on the stock in a research note on Thursday. Citizens Jmp cut their target price on shares of Nexxen International from $15.00 to $12.00 and set a “market outperform” rating on the stock in a report on Friday, November 14th. Needham & Company LLC lowered their target price on Nexxen International from $9.00 to $7.50 and set a “buy” rating for the company in a report on Wednesday. Finally, Craig Hallum cut Nexxen International from a “buy” rating to a “hold” rating and set a $8.00 price target on the stock. in a research report on Thursday, November 13th. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $11.28.

Nexxen International Company Profile

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.