Nexxen International (NASDAQ:NEXN) CFO Sells $304,376.26 in Stock

Nexxen International Ltd. Sponsored ADR (NASDAQ:NEXN) CFO Sagi Niri sold 34,667 shares of the company’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $8.78, for a total value of $304,376.26. Following the sale, the chief financial officer owned 459,023 shares of the company’s stock, valued at $4,030,221.94. The trade was a 7.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, June 15th, Sagi Niri sold 1,160 shares of Nexxen International stock. The shares were sold at an average price of $8.71, for a total value of $10,103.60.
• On Friday, June 12th, Sagi Niri sold 200 shares of Nexxen International stock. The stock was sold at an average price of $8.70, for a total value of $1,740.00.
• On Wednesday, June 10th, Sagi Niri sold 5,922 shares of Nexxen International stock. The stock was sold at an average price of $8.74, for a total value 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 value 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 value of $8,811.66.
• On Tuesday, June 2nd, Sagi Niri sold 18,660 shares of Nexxen International stock. The stock was sold at an average price of $8.52, for a total value of $158,983.20.
• On Monday, June 1st, Sagi Niri sold 33,757 shares of Nexxen International stock. The stock was 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 Price Performance

Shares of Nexxen International stock traded down $0.17 during midday trading on Wednesday, hitting $8.58. 488,999 shares of the company traded hands, compared to its average volume of 327,449. The firm’s fifty day moving average price is $7.82 and its 200-day moving average price is $6.93. The stock has a market cap of $482.88 million, a price-to-earnings ratio of 28.60 and a beta of 1.64. Nexxen International Ltd. Sponsored ADR has a 12 month low of $5.60 and a 12 month high of $11.59. 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 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 business had revenue of $86.84 million during the quarter. As a group, sell-side analysts forecast that Nexxen International Ltd. Sponsored ADR will post 0.73 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on NEXN. Rosenblatt Securities reaffirmed a “buy” rating and issued a $16.00 target price on shares of Nexxen International in a report on Wednesday. BTIG Research lifted their price target on Nexxen International from $9.00 to $10.00 and gave the company a “buy” rating in a research note on Tuesday. Raymond James Financial upped their price objective on Nexxen International from $9.00 to $11.00 and gave the company an “outperform” rating in a research note on Wednesday. Scotiabank raised their price objective on shares of Nexxen International from $10.00 to $11.00 and gave the company a “sector outperform” rating in a report on Wednesday. Finally, Needham & Company LLC lifted their target price on shares of Nexxen International from $8.50 to $10.50 and gave the stock a “buy” rating in a research report on Wednesday. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $11.17.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Geode Capital Management LLC lifted its stake in shares of Nexxen International by 1,062.0% in the 2nd quarter. Geode Capital Management LLC now owns 509,808 shares of the company’s stock valued at $5,307,000 after purchasing an additional 465,936 shares during the period. Rock Point Advisors LLC grew its stake in Nexxen International by 42.5% during the fourth quarter. Rock Point Advisors LLC now owns 950,517 shares of the company’s stock worth $6,216,000 after purchasing an additional 283,295 shares during the period. ARK Investment Management LLC bought a new stake in Nexxen International in the third quarter worth approximately $1,798,000. BNP Paribas Financial Markets lifted its stake in Nexxen International by 354.1% in the second quarter. BNP Paribas Financial Markets now owns 122,106 shares of the company’s stock valued at $1,271,000 after buying an additional 95,219 shares during the period. Finally, Public Employees Retirement System of Ohio lifted its stake in Nexxen International by 328.5% in the fourth quarter. Public Employees Retirement System of Ohio now owns 74,102 shares of the company’s stock valued at $485,000 after buying an additional 56,808 shares during the period. 54.24% of the stock is owned by institutional investors and hedge funds.

Nexxen International News Summary

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.

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.