Sagi Niri Sells Shares of Nexxen International Ltd.

CFO Sagi Niri sold 200 shares of Nexxen International at $8.70 each in a planned transaction.

Key Points

  • Sagi Niri, CFO of Nexxen International, sold 200 shares on June 12, 2026, at an average price of $8.70 each, totaling $1,740.
  • Nexxen International Ltd., trading on NasdaqGM under NEXN, has a market cap of about $484.2 million and a P/E ratio of 28.97.
  • Analysts maintain a positive outlook, with RBC Capital setting a price target of $11.00 on May 14, 2026.

Sagi Niri, the Chief Financial Officer of Nexxen International Ltd., sold 200 shares of the company on June 12, 2026. The shares were sold at an average price of $8.70 each, amounting to a total transaction value of $1,740. This sale was part of a planned transaction, as indicated by the company's filings.

What Changed in Sagi Niri's Nexxen International Position

Sagi Niri's recent sale of 200 shares of Nexxen International was conducted at an average price of $8.70. This was a planned transaction, which means it was likely part of a prearranged trading plan. These transactions are often scheduled in advance to avoid any potential conflicts of interest.

Other Institutional Activity in Nexxen International

Several institutional investors have been active in Nexxen International. Rice Hall James & Associates, LLC increased its holdings by 149,084 shares, bringing its total to 2,117,412 shares valued at about $13.8 million. Conversely, BlackRock, Inc. reduced its position by 191,807 shares, leaving it with 1,721,733 shares worth approximately $11.2 million. Rock Point Advisors, LLC added 73,070 shares, totaling 1,023,587 shares valued at $6.7 million. Meanwhile, Acadian Asset Management LLC trimmed its holdings by 98,483 shares, resulting in a total of 956,173 shares valued at around $6.2 million.

Nexxen International Ltd. Stock Snapshot

Shares of NasdaqGM:NEXN traded near $8.58. Nexxen International Ltd. has a market capitalization of approximately $484.2 million, with a P/E ratio of 28.97 and a forward P/E of 7.19. The stock's beta is 1.481, indicating a higher volatility compared to the market. It has fluctuated between a 52-week low of $5.60 and a high of $11.59. The stock's 50-day moving average is $7.78, while the 200-day moving average stands at $7.44. The company maintains a current ratio and quick ratio of 1.246, with a debt-to-equity ratio of 6.374.

Recent Earnings

Nexxen International Ltd. reported revenue of $373.3 million, reflecting a growth rate of 10.9%. The company achieved a net margin of 4.85% and a return on equity of 3.73%. Earnings per share stood at $0.30. The next earnings report is expected on August 12, 2026.

Insider Buying and Selling at Nexxen International Ltd.

In addition to the recent sale on June 12, 2026, Sagi Niri, the CFO, has been actively selling shares throughout the month. On June 10, he sold 5,922 shares at $8.74 each, and on June 4, he sold 13,164 shares at $8.54. Earlier in the month, on June 3 and June 2, Niri sold 1,027 and 18,660 shares at $8.58 and $8.52, respectively. These transactions were all planned.

Analysts Set New Price Targets

On May 14, 2026, RBC Capital maintained its "buy" rating for Nexxen International with a price target of $11.00. Similarly, Needham maintained a "buy" rating with a target of $8.50 on May 13, 2026. The consensus among analysts is positive, with a mean price target of $11.99 across 10 analyst opinions.

About Nexxen International Ltd.

Nexxen International Ltd. is a company based in Tel Aviv-Yafo, Israel, operating in the communication services sector, specifically within the advertising agencies industry. The company provides a comprehensive platform that helps brands, agencies, media groups, and content creators manage advertising campaigns worldwide. Its offerings include demand-side platforms, data platforms, and supply-side platforms, along with various analytics and artificial intelligence services. Nexxen also provides creative solutions through its Nexxen Studio. The company was formerly known as Tremor International Ltd. and changed its name in January 2024.

Bottom Line

Sagi Niri's recent planned sale of shares is a part of regular insider activity at Nexxen International Ltd. Investors often keep an eye on such insider transactions to gauge the sentiment of company executives. While these sales are planned, they offer insights into the company's internal dynamics. Remember, these transactions are disclosed after they occur, reflecting past actions rather than current intentions.

See Also

This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.