New York Times (NYSE:NYT) Shares Acquired Rep. Lisa C. McClain

Key Points

• Representative Lisa C. McClain recently acquired shares of The New York Times Company (NYSE:NYT), purchasing between $1,001 and $15,000 on July 22, 2023.
• The New York Times reported better-than-expected earnings for the last quarter, with an EPS of $0.58 exceeding the consensus estimate of $0.50, driven by a 9.7% year-over-year revenue increase.
• Equities analysts are optimistic about NYT, with several recently raising their price targets and maintaining a "Moderate Buy" rating, forecasting an average target price of $60.33 for the stock.

Representative Lisa C. McClain (R-Michigan) recently bought shares of The New York Times Company NYSE: NYT. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in New York Times stock on July 22nd. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

New York Times Price Performance

Shares of NYT stock traded up $0.13 during trading hours on Friday, hitting $60.26. The stock had a trading volume of 267,938 shares, compared to its average volume of 1,793,169. The firm has a market capitalization of $9.83 billion, a PE ratio of 31.05, a PEG ratio of 1.53 and a beta of 1.09. The New York Times Company has a twelve month low of $44.83 and a twelve month high of $62.24. The stock's 50 day moving average is $55.29 and its 200 day moving average is $52.36.

New York Times (NYSE:NYT - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.50 by $0.08. New York Times had a return on equity of 19.55% and a net margin of 11.92%. The business had revenue of $685.90 million during the quarter, compared to analysts' expectations of $670.22 million. During the same quarter in the prior year, the business earned $0.45 earnings per share. The company's quarterly revenue was up 9.7% compared to the same quarter last year. As a group, equities analysts predict that The New York Times Company will post 2.08 earnings per share for the current year.

New York Times Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 24th. Stockholders of record on Wednesday, July 9th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Wednesday, July 9th. New York Times's dividend payout ratio is presently 37.11%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on NYT shares. Evercore ISI upped their price target on New York Times from $60.00 to $67.00 and gave the stock an "outperform" rating in a research note on Friday, August 8th. Barclays set a $52.00 price target on New York Times and gave the stock an "equal weight" rating in a research note on Thursday, August 7th. Guggenheim upped their price target on New York Times from $55.00 to $56.00 and gave the stock a "neutral" rating in a research note on Thursday, August 7th. Citigroup restated a "buy" rating on shares of New York Times in a research note on Thursday, June 12th. Finally, Morgan Stanley increased their price objective on New York Times from $54.00 to $59.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 7th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $60.33.

Insiders Place Their Bets

In other news, Director David S. Perpich sold 4,000 shares of the firm's stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $56.18, for a total value of $224,720.00. Following the transaction, the director directly owned 27,569 shares in the company, valued at $1,548,826.42. This trade represents a 12.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO R Anthony Benten sold 1,990 shares of the firm's stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $56.75, for a total value of $112,932.50. Following the completion of the transaction, the chief accounting officer owned 39,685 shares in the company, valued at approximately $2,252,123.75. This trade represents a 4.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 13,490 shares of company stock valued at $769,928. Insiders own 1.90% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Employees Retirement System of Texas purchased a new position in shares of New York Times in the second quarter valued at $28,000. Hantz Financial Services Inc. boosted its stake in New York Times by 4,591.7% in the 2nd quarter. Hantz Financial Services Inc. now owns 563 shares of the company's stock worth $32,000 after buying an additional 551 shares during the last quarter. True Wealth Design LLC boosted its stake in New York Times by 519.6% in the 2nd quarter. True Wealth Design LLC now owns 570 shares of the company's stock worth $32,000 after buying an additional 478 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its stake 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 buying an additional 330 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its stake in New York Times by 690.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 846 shares of the company's stock worth $42,000 after buying an additional 739 shares during the last quarter. Hedge funds and other institutional investors own 95.37% of the company's stock.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

New York Times Company Profile

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.

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