The New York Times Company $NYT Shares Sold by Danske Bank A S

Key Points

• Danske Bank cut its New York Times stake by 94.4% in Q4, selling 23,613 shares and leaving 1,400 shares worth about $97,000, while insiders have also sold roughly 27,913 shares (~$2.21M) over the last 90 days.
• The company posted a strong Q1 beat with $0.61 EPS vs. $0.49 expected and revenue of $712.2M (up ~12% YoY), driven by subscription and advertising growth, helping the stock trade up ~8.3% and draw mostly positive analyst sentiment.
• Headline and short-term downside risks include an EEOC discrimination lawsuit and elevated bearish options activity (large put purchases ~230% above average), which could add volatility despite recent earnings momentum.

Danske Bank A S reduced its position in The New York Times Company (NYSE:NYT - Free Report) by 94.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,400 shares of the company's stock after selling 23,613 shares during the quarter. Danske Bank A S's holdings in New York Times were worth $97,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in NYT. Quantbot Technologies LP grew its holdings in shares of New York Times by 233.4% during the 3rd quarter. Quantbot Technologies LP now owns 63,083 shares of the company's stock worth $3,621,000 after purchasing an additional 44,161 shares during the period. Envestnet Asset Management Inc. raised its holdings in New York Times by 28.4% in the third quarter. Envestnet Asset Management Inc. now owns 142,642 shares of the company's stock valued at $8,188,000 after buying an additional 31,507 shares during the period. Intech Investment Management LLC lifted its position in New York Times by 143.6% during the third quarter. Intech Investment Management LLC now owns 232,445 shares of the company's stock valued at $13,342,000 after buying an additional 137,037 shares in the last quarter. Long Corridor Asset Management Ltd grew its stake in New York Times by 14.5% during the third quarter. Long Corridor Asset Management Ltd now owns 157,500 shares of the company's stock worth $9,040,000 after buying an additional 20,000 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. grew its stake in New York Times by 35.0% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 94,722 shares of the company's stock worth $5,428,000 after buying an additional 24,574 shares during the period. Institutional investors and hedge funds own 95.37% of the company's stock.

New York Times Trading Up 8.3%

NYT opened at $83.69 on Thursday. The company has a fifty day simple moving average of $81.05 and a 200 day simple moving average of $71.98. The firm has a market cap of $13.49 billion, a price-to-earnings ratio of 40.04, a PEG ratio of 2.08 and a beta of 0.98. The New York Times Company has a twelve month low of $51.03 and a twelve month high of $87.10.

New York Times (NYSE:NYT - Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.61 EPS for the quarter, topping analysts' consensus estimates of $0.49 by $0.12. The firm had revenue of $712.24 million for the quarter, compared to analyst estimates of $699.93 million. New York Times had a net margin of 12.18% and a return on equity of 20.73%. The firm's revenue was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.41 EPS. On average, analysts forecast that The New York Times Company will post 2.79 earnings per share for the current fiscal year.

New York Times News Roundup

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

• Positive Sentiment: Q1 results beat consensus — NYT reported $0.61 EPS vs. $0.49 expected and revenue of $712.2M (up ~12% YoY), topping Wall Street models; strong top- and bottom-line beats are the main driver of the stock strength. New York Times Co. (NYT) Q1 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Profit and growth driven by subscriptions and advertising — reports note net income of $87.9M and that subscription and ad revenue climbed, supporting margins and reinforcing the company's digital-subscription-led growth story. New York Times Profit, Revenue Climb on Subscription, Advertising Growth
• Positive Sentiment: Management tone from the earnings call emphasized continued subscription and advertising momentum and was interpreted as constructive by investors. (Earnings call transcript available.) The New York Times Company (NYT) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Company released formal results, slide deck and webcast materials — useful for model updates and analyst review but not a direct catalyst beyond the earnings beat. The New York Times Company Reports First-Quarter 2026 Results
• Negative Sentiment: Legal/reputational risk — the U.S. (EEOC) has sued NYT alleging discrimination in a hiring/promotion decision; this creates headline risk and potential legal costs, which could weigh on sentiment until resolved. U.S. Sues The New York Times, Claiming Discrimination Against a White Man
• Negative Sentiment: Options market activity shows elevated bearish positioning — unusually large purchase of put options (4,385 contracts, ~230% above average) suggests some investors are hedging or speculating on downside, adding short-term volatility risk.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Weiss Ratings reissued a "buy (b)" rating on shares of New York Times in a research note on Tuesday, April 21st. Guggenheim set a $63.00 price target on shares of New York Times and gave the stock a "neutral" rating in a research report on Wednesday, February 4th. Argus upgraded New York Times to a "strong-buy" rating in a report on Thursday, February 19th. Evercore restated an "outperform" rating on shares of New York Times in a research note on Thursday, February 5th. Finally, Citigroup upped their target price on New York Times from $77.00 to $94.00 and gave the stock a "buy" rating in a research report on Tuesday, March 24th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $72.50.

Insider Transactions at New York Times

In related news, EVP William Bardeen sold 13,000 shares of the business's stock in a transaction dated 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 approximately $1,486,260.36. The trade was a 41.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Chairman Arthur G. Sulzberger sold 13,000 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $79.95, for a total value of $1,039,350.00. Following the completion of the transaction, the chairman directly owned 172,338 shares of the company's stock, valued at $13,778,423.10. This represents a 7.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 27,913 shares of company stock valued at $2,214,369. 1.90% of the stock is currently owned by insiders.

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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