Insider Selling: New York Times (NYSE:NYT) EVP Sells $1,034,280.00 in Stock

The New York Times Company (NYSE:NYT) EVP William Bardeen sold 13,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $79.56, for a total value of $1,034,280.00. Following the transaction, the executive vice president owned 18,681 shares in the company, valued at $1,486,260.36. This trade represents a 41.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

New York Times Stock Down 1.9%

NYT opened at $80.39 on Friday. The stock has a market cap of $13.05 billion, a PE ratio of 38.46, a PEG ratio of 2.49 and a beta of 1.09. The business has a 50 day moving average of $73.08 and a 200-day moving average of $65.12. The New York Times Company has a 52 week low of $44.83 and a 52 week high of $82.74.

New York Times (NYSE:NYT) last issued its quarterly earnings results on Wednesday, February 4th. The company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.01. The company had revenue of $802.31 million for the quarter, compared to analysts’ expectations of $791.55 million. New York Times had a return on equity of 20.73% and a net margin of 12.18%.The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.80 earnings per share. Equities analysts anticipate that The New York Times Company will post 2.08 EPS for the current year.

New York Times Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 16th. Stockholders of record on Wednesday, April 1st will be given a $0.23 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.1%. This is a boost from New York Times’s previous quarterly dividend of $0.18. New York Times’s payout ratio is currently 34.45%.

Wall Street Analyst Weigh In

NYT has been the subject of a number of recent research reports. Morgan Stanley set a $68.00 price target on shares of New York Times in a research report on Thursday, December 18th. JPMorgan Chase & Co. lifted their target price on shares of New York Times from $71.00 to $74.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Wall Street Zen cut New York Times from a “buy” rating to a “hold” rating in a research report on Saturday. Argus upgraded New York Times to a “strong-buy” rating in a research note on Thursday, February 19th. Finally, Barclays raised their price objective on New York Times from $55.00 to $60.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $68.43.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Andina Capital Management LLC lifted its stake in shares of New York Times by 1.7% in 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 increased its position 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 valued at $302,000 after acquiring an additional 148 shares in the last quarter. Figure 8 Investment Strategies LLC increased its position in shares of New York Times by 1.7% during the third quarter. Figure 8 Investment Strategies LLC now owns 11,226 shares of the company’s stock valued at $644,000 after acquiring an additional 185 shares in the last quarter. Brown Advisory Inc. raised its holdings in New York Times by 1.1% in the 4th quarter. Brown Advisory Inc. now owns 17,944 shares of the company’s stock worth $1,246,000 after acquiring an additional 189 shares during the last quarter. Finally, Cornerstone Planning Group LLC lifted its position in New York Times by 74.2% in the 4th quarter. Cornerstone Planning Group LLC now owns 446 shares of the company’s stock valued at $32,000 after acquiring an additional 190 shares in the last quarter. 95.37% of the stock is owned by hedge funds and other institutional investors.

New York Times News Roundup

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

• Positive Sentiment: Breaking international coverage and live updates on attacks in Tehran/Beirut/Tel Aviv should drive heavy traffic and subscription interest for NYT’s digital platform, supporting revenue potential from subscriptions and ads. Live Updates: Tehran, Beirut and Tel Aviv Are Targeted in Attacks and Counterattacks
• Positive Sentiment: Jobs-report coverage and related business briefings attract business audiences (higher lifetime-value subscribers) and advertiser spend, a near-term revenue positive for a news subscription model. Live Updates: Strong Hiring Likely Continued Early This Year
• Positive Sentiment: The company recently increased its quarterly dividend (new quarterly payout noted by market coverage), which can appeal to income-focused investors and signal cash‑flow confidence. MarketBeat: NYT profile and dividend details
• Neutral Sentiment: Feature, sports and culture pieces (e.g., lifestyle stories around celebrity residencies and Athletic sports coverage) sustain daily engagement but are less likely to move near‑term investor sentiment materially. They Can’t Stay at Harry’s House, So They’ll Stay With Fellow Fans
• Negative Sentiment: Chairman Arthur G. Sulzberger sold 13,000 shares (about a 7% disclosed reduction) in early March — insider sales can create negative optics and increase selling pressure. SEC filing: Sulzberger sale
• Negative Sentiment: EVP William Bardeen sold 13,000 shares (~41% reduction of his disclosed holding) at ~ $79.56 — large, concentrated insider selling can amplify investor concern and weigh on the stock. SEC filing: Bardeen sale
• Negative Sentiment: Weak macro headlines and a broad market drop after the jobs report are pressuring media and growth stocks generally, contributing to NYT’s share weakness today. Stocks Drop as Weak Jobs Report Adds to Uncertain Outlook

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.