Rep. Lisa C. McClain Sells The New York Times Company (NYSE:NYT) Shares

Key Points

• Representative Lisa C. McClain sold shares of The New York Times Company (NYSE:NYT) between $1,001 and $15,000 on August 4th, as disclosed on September 12th.
• The New York Times reported earnings of $0.58 per share for the most recent quarter, exceeding analysts’ expectations and reflecting a 9.7% increase in quarterly revenue compared to last year.
• The company announced a quarterly dividend of $0.18 per share, with a payout ratio of 37.11%, representing an annual yield of 1.2%.

Representative Lisa C. McClain (R-Michigan) recently sold shares of The New York Times Company NYSE: NYT. In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in New York Times stock on August 4th. 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 $50,001 - $100,000 in shares of Taiwan Semiconductor Manufacturing NYSE: TSM on 8/28/2025.
• Purchased $1,001 - $15,000 in shares of ACI Worldwide NASDAQ: ACIW on 8/19/2025.
• Purchased $1,001 - $15,000 in shares of HCA Healthcare NYSE: HCA on 8/19/2025.
• Sold $1,001 - $15,000 in shares of Amedisys NASDAQ: AMED on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of Kite Realty Group Trust NYSE: KRG on 8/13/2025.
• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of JD.com NASDAQ: JD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of Trade Desk NASDAQ: TTD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of US Foods NYSE: USFD on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Agree Realty NYSE: ADC on 8/13/2025.

New York Times Stock Performance

Shares of NYSE:NYT traded down $0.06 during midday trading on Friday, hitting $58.42. 3,517,105 shares of the stock were exchanged, compared to its average volume of 1,320,755. The stock has a market capitalization of $9.51 billion, a price-to-earnings ratio of 30.11, a P/E/G ratio of 1.47 and a beta of 1.16. The business's 50-day moving average price is $57.12 and its 200 day moving average price is $53.98. The New York Times Company has a 12 month low of $44.83 and a 12 month high of $62.24.

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

New York Times Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Morgan Stanley boosted their price target on New York Times from $54.00 to $59.00 and gave the stock an "equal weight" rating in a report on Thursday, August 7th. Guggenheim upped their target price on New York Times from $55.00 to $56.00 and gave the company a "neutral" rating in a report on Thursday, August 7th. Zacks Research cut New York Times from a "strong-buy" rating to a "hold" rating in a report on Monday, September 8th. Evercore ISI upped their target price on New York Times from $60.00 to $67.00 and gave the company an "outperform" rating in a report on Friday, August 8th. Finally, Citigroup reiterated a "buy" rating on shares of New York Times in a report on Thursday, June 12th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, New York Times presently has an average rating of "Moderate Buy" and an average price target of $60.33.

Insider Buying and Selling at New York Times

In related news, EVP Jacqueline M. Welch sold 5,500 shares of the company's stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $60.04, for a total transaction of $330,220.00. Following the completion of the sale, the executive vice president owned 14,470 shares in the company, valued at approximately $868,778.80. This represents a 27.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP William Bardeen sold 5,000 shares of the company's stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $58.04, for a total value of $290,200.00. Following the sale, the executive vice president owned 11,243 shares of the company's stock, valued at $652,543.72. This trade represents a 30.78% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.90% of the company's stock.

Hedge Funds Weigh In On New York Times

A number of institutional investors have recently modified their holdings of NYT. Employees Retirement System of Texas bought a new stake in New York Times during the second quarter worth $28,000. Hantz Financial Services Inc. grew its holdings in New York Times by 4,591.7% during the second quarter. Hantz Financial Services Inc. now owns 563 shares of the company's stock worth $32,000 after buying an additional 551 shares in the last quarter. True Wealth Design LLC grew its holdings in New York Times by 519.6% during the second quarter. True Wealth Design LLC now owns 570 shares of the company's stock worth $32,000 after buying an additional 478 shares in the last quarter. Nomura Asset Management Co. Ltd. grew its holdings in New York Times by 86.8% during the second quarter. Nomura Asset Management Co. Ltd. now owns 710 shares of the company's stock worth $40,000 after buying an additional 330 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in New York Times by 690.7% during the first quarter. Geneos Wealth Management Inc. now owns 846 shares of the company's stock worth $42,000 after buying an additional 739 shares in the last quarter. 95.37% of the stock is owned by institutional investors and hedge funds.

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.

About New York Times

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.