2 weeks Ago By ABMN Staff
Envestnet Asset Management Inc. decreased its stake in shares of The New York Times Company ( NYSE:NYT – Free Report ) by 5.2% during the second quarter, according to the company in its most recent disclosure with the SEC.
The institutional investor owned 147,338 shares of the company’s stock after selling 8,055 shares during the quarter. Envestnet Asset Management Inc. owned about 0.
09% of New York Times worth $7,545,000 at the end of the most recent reporting period. A number of other institutional investors have also recently added to or reduced their stakes in the stock. Oak Family Advisors LLC lifted its position in New York Times by 2.
2% during the second quarter. Oak Family Advisors LLC now owns 10,685 shares of the company’s stock worth $547,000 after buying an additional 231 shares in the last quarter. Capital Investment Counsel Inc lifted its position in New York Times by 1.
7% during the second quarter. Capital Investment Counsel Inc now owns 22,701 shares of the company’s stock worth $1,163,000 after buying an additional 380 shares in the last quarter. Signaturefd LLC lifted its position in New York Times by 34.
2% during the second quarter. Signaturefd LLC now owns 1,694 shares of the company’s stock worth $87,000 after buying an additional 432 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in New York Times by 3.
2% during the first quarter. Commonwealth Equity Services LLC now owns 17,222 shares of the company’s stock worth $744,000 after buying an additional 527 shares in the last quarter. Finally, B.
Riley Wealth Advisors Inc. lifted its position in New York Times by 9.4% during the first quarter.
B. Riley Wealth Advisors Inc. now owns 6,743 shares of the company’s stock worth $278,000 after buying an additional 581 shares in the last quarter.
Hedge funds and other institutional investors own 95.37% of the company’s stock. Insider Activity at New York Times In related news, CEO Levien Meredith A.
Kopit sold 18,300 shares of the business’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $53.92, for a total value of $986,736.
00. Following the sale, the chief executive officer now owns 101,772 shares in the company, valued at approximately $5,487,546.24.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link . In related news, CFO William Bardeen sold 2,000 shares of the business’s stock in a transaction on Friday, August 9th. The stock was sold at an average price of $54.
56, for a total transaction of $109,120.00. Following the completion of the transaction, the chief financial officer now directly owns 10,315 shares of the company’s stock, valued at approximately $562,786.
40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . Also, CEO Levien Meredith A.
Kopit sold 18,300 shares of the business’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $53.92, for a total value of $986,736.
00. Following the transaction, the chief executive officer now directly owns 101,772 shares of the company’s stock, valued at $5,487,546.24.
The disclosure for this sale can be found here . Company insiders own 2.00% of the company’s stock.
Analyst Upgrades and Downgrades View Our Latest Report on New York Times New York Times Stock Up 0.3 % NYSE:NYT opened at $55.32 on Friday.
The New York Times Company has a 52 week low of $39.73 and a 52 week high of $56.49.
The company has a market capitalization of $9.09 billion, a P/E ratio of 36.88 and a beta of 1.
03. The stock’s fifty day moving average is $54.15 and its two-hundred day moving average is $49.
78. New York Times ( NYSE:NYT – Get Free Report ) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $0.
45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.04.
The firm had revenue of $625.00 million for the quarter, compared to the consensus estimate of $624.82 million.
New York Times had a return on equity of 17.45% and a net margin of 10.81%.
The company’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.
38 EPS. Sell-side analysts anticipate that The New York Times Company will post 1.9 earnings per share for the current fiscal year.
New York Times Company Profile ( Free Report ) The New York Times Company, together with its subsidiaries, creates, collects, and distributes news and information worldwide. The company operates through two segments, The New York Times Group and The Athletic. It offers The New York Times (The Times) through company's mobile application, website, printed newspaper, and associated content, such as podcast.
Further Reading Want to see what other hedge funds are holding NYT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The New York Times Company ( NYSE:NYT – Free Report ). Receive News & Ratings for New York Times Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New York Times and related companies with MarketBeat.
com's FREE daily email newsletter ..
