Inceptionr LLC Makes New Investment in The New York Times Company $NYT

Key Points

• Inceptionr LLC purchased a new stake of 22,722 shares in The New York Times Company (NYSE:NYT) in Q3, valued at roughly $1.30 million.
• Significant insider selling occurred recently—Chairman Arthur G. Sulzberger sold 13,000 shares and EVP William Bardeen sold about 13,000 shares, with insiders offloading 27,913 shares (~$2.21 million) over the past three months, which could weigh on sentiment.
• NYT beat quarterly EPS estimates ($0.89 vs. $0.88) with revenue of $802.3M (up 10.4% YoY) and raised its quarterly dividend from $0.18 to $0.23; analysts' consensus is a Moderate Buy with a $68.43 price target.

Inceptionr LLC bought a new stake in shares of The New York Times Company (NYSE:NYT - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 22,722 shares of the company's stock, valued at approximately $1,304,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Employees Retirement System of Texas purchased a new stake in shares of New York Times during the second quarter worth $28,000. True Wealth Design LLC grew its stake in New York Times by 519.6% in the second quarter. True Wealth Design LLC now owns 570 shares of the company's stock valued at $32,000 after purchasing an additional 478 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its position in New York Times by 86.8% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 710 shares of the company's stock worth $40,000 after purchasing an additional 330 shares during the last quarter. Whittier Trust Co. acquired a new position in New York Times in the 3rd quarter worth about $42,000. Finally, Hantz Financial Services Inc. raised its stake in shares of New York Times by 49.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 841 shares of the company's stock worth $48,000 after purchasing an additional 278 shares in the last quarter. 95.37% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Evercore reiterated an "outperform" rating on shares of New York Times in a report on Thursday, February 5th. Morgan Stanley set a $68.00 price objective on New York Times in a report on Thursday, December 18th. Citigroup cut their price objective on shares of New York Times from $81.00 to $77.00 and set a "buy" rating on the stock in a research report on Thursday, February 5th. JPMorgan Chase & Co. boosted their target price on shares of New York Times from $71.00 to $74.00 and gave the stock an "overweight" rating in a research report on Thursday, February 5th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of New York Times in a research note on Thursday, January 22nd. 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 stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $68.43.

More New York Times News

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

Insider Transactions at New York Times

In related news, CAO R Anthony Benten sold 1,913 shares of the company's stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $73.57, for a total transaction of $140,739.41. Following the completion of the sale, the chief accounting officer directly owned 37,772 shares of the company's stock, valued at approximately $2,778,886.04. This represents a 4.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Arthur G. Sulzberger sold 13,000 shares of the firm's stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $79.95, for a total transaction of $1,039,350.00. Following the completion of the transaction, the chairman owned 172,338 shares in the company, valued at $13,778,423.10. The trade was a 7.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 27,913 shares of company stock worth $2,214,369. 1.90% of the stock is owned by insiders.

New York Times Stock Performance

NYT opened at $80.39 on Monday. The company has a market cap of $13.05 billion, a PE ratio of 38.46, a price-to-earnings-growth ratio of 2.49 and a beta of 1.09. The stock has a 50-day moving average of $73.08 and a 200-day moving average of $65.16. 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 - Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $0.89 EPS for the quarter, beating analysts' consensus estimates of $0.88 by $0.01. New York Times had a return on equity of 20.73% and a net margin of 12.18%.The business had revenue of $802.31 million for the quarter, compared to analyst estimates of $791.55 million. During the same quarter in the prior year, the firm posted $0.80 EPS. The firm's revenue for the quarter was up 10.4% on a year-over-year basis. On average, research analysts predict that The New York Times Company will post 2.08 earnings per share for the current year.

New York Times Increases Dividend

The company also recently declared 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. This is a positive change from New York Times's previous quarterly dividend of $0.18. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Wednesday, April 1st. New York Times's payout ratio is 34.45%.

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.

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