Nexxen CFO Sagi Niri Sells Shares Worth Over $56K
CFO Sagi Niri executed a planned sale of 6,183 shares of Nexxen International Ltd. on June 30.
Key Points
- Sagi Niri, CFO of Nexxen International Ltd., sold 6,183 shares valued at $56,450.79 on June 30, 2026.
- Shares of NEXN on NasdaqGM traded near $9.03 on Wednesday with a market cap of $503.2 million and a P/E ratio of 30.1.
- Analysts from firms like Raymond James and Scotiabank maintain a 'buy' rating with a consensus target price of $12.79.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Sagi Niri, the Chief Financial Officer of Nexxen International Ltd. (NasdaqGM: NEXN), sold 6,183 shares on June 30, 2026. The shares were sold at an average price of $9.13 each, bringing the total value of the transaction to $56,450.79. This sale was part of a planned transaction under Rule 10b5-1.
Insider Buying and Selling at Nexxen International Ltd.
Sagi Niri has been actively selling shares of Nexxen International Ltd. in June 2026. On June 30, he sold 6,183 shares at $9.13 each. Earlier in the month, on June 29, he sold 68,886 shares at an average price of $9.08, and on June 17, 2,098 shares at $8.78. These transactions were all part of a planned strategy.
Other Institutional Activity in Nexxen International Ltd.
Mithaq Capital SPC maintained its position in Nexxen International with 17,326,679 shares, valued at approximately $112.97 million. Rice Hall James & Associates, LLC increased its holdings by 149,084 shares, ending with 2,117,412 shares worth about $13.81 million, marking a 7.6% increase. BlackRock, Inc. reduced its position by 191,807 shares, holding 1,721,733 shares valued at $11.23 million, a 10% decrease. Rock Point Advisors, LLC added 73,070 shares, now holding 1,023,587 shares valued at $6.67 million, a 7.7% increase. Acadian Asset Management LLC decreased its holdings by 98,483 shares, now holding 956,173 shares valued at $6.22 million, a 9.3% reduction.
Nexxen International Ltd. Stock Down 11.7%
Shares of Nexxen International Ltd. traded near $9.03 on Wednesday. The company has a market capitalization of approximately $503.2 million. It currently trades with a price-to-earnings (P/E) ratio of 30.1 and a forward P/E of 7.3. The stock's beta is 1.481, indicating it is more volatile than the market. Over the past 52 weeks, the stock has ranged from a low of $5.60 to a high of $11.59, with a 50-day moving average of $8.08 and a 200-day moving average of $7.39.
$NEXN stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
On June 17, 2026, several analysts maintained their 'buy' ratings on Nexxen International Ltd. Raymond James, Scotiabank, Needham, and BTIG all reiterated their ratings with price targets ranging from $10.0 to $11.0. The consensus among 10 analysts is a 'buy' recommendation with a mean target price of $12.79.
About Nexxen International Ltd.
Nexxen International Ltd. is a global player in the advertising industry, offering a comprehensive platform for video-first advertising campaigns. Headquartered in Tel Aviv-Yafo, Israel, the company serves brands, agencies, and media groups with tools for campaign management and performance optimization. Led by CEO Ofer Druker, Nexxen employs 909 people and operates in the communication services sector, focusing on advertising agencies.
Bottom Line
Sagi Niri's recent sale of Nexxen shares was a planned transaction, reflecting strategic financial management. Investors keep an eye on insider transactions for potential insights, but it's important to note these actions are planned and do not necessarily indicate future performance. Nexxen's stock, trading near $9.03, remains a focus for analysts, who are optimistic about its potential with a strong 'buy' consensus.
Get Nexxen International Ltd. alerts
New 13F filings, insider trades, and analyst moves on $NEXN, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.