New Media Investment Group Inc. (NYSE:NEWM) reached 4.55% versus a 1-year low price of $11.87. The stock was last seen 4.55% higher, reaching at $12.41 on Thursday, May 18, 2017. At recent session, the prices were hovering between $12.16 and $12.7. This company shares are 34.33% off its target price of $16.67 and the current market capitalization stands at $676.97M. The recent change has given its price a -8.68% deficit over SMA 50 and -31.57% deficit over its 52-week high. The stock witnessed -8.82% declines, -18.05% declines and -21.88% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found NEWM’s volatility during a week at 2.89% and during a month it has been found around 2.95%.

New Media Investment Group Inc. (NEWM) Top Holders

Institutional investors currently hold around $565 million or 82.6% in NEWM stock. Look at its top three institutional owners. Blackrock Inc. owns $79.36 million in New Media Investment Group Inc., which represents roughly 11.72% of the company’s market cap and approximately 14.05% of the institutional ownership. Similar statistics are true for the second largest owner, Franklin Resources Inc, which owns 4,932,482 shares of the stock are valued at $58.55 million. The third largest holder is Vanguard Group Inc, which currently holds $56.58 million worth of this stock and that ownership represents nearly 8.36% of its market capitalization.

New Media Investment Group Inc. 13F Filings

At the end of 03/31/2017 reporting period, 93 institutional holders increased their position in New Media Investment Group Inc. (NYSE:NEWM) by some 14,314,768 shares, 77 decreased positions by 5,189,333 and 26 held positions by 28,094,087. That puts total institutional holdings at 47,598,188 shares, according to SEC filings. The stock grabbed 23 new institutional investments totaling 835,797 shares while 28 institutional investors sold out their entire positions totaling 924,724 shares.

New Media Investment Group Inc. (NYSE:NEWM) Insider Trades

Multiple company employees have indulged in significant insider trading. New Media Investment Group Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that CEO Reed Michael has acquired 40,000 shares of New Media Investment Group Inc. (NEWM) in trading session dated May. 01, 2017. These shares are worth $530,000 and were traded at $13.25 each. The SEC filing shows that Tarica Laurence performed a purchase of 10,000 shares. The Director added these shares by way of transaction on Feb. 23, 2017. The company’s shares were assimilated at $15.15 per share worth to an investment of some $151,500 on account of Tarica Laurence.

Director, Tarica Laurence, purchased 10,000 common shares of New Media Investment Group Inc. (NEWM) in the open market. In a transaction dated Nov. 25, 2016, the shares were bought at an average price of $15.9, giving away a sum of $159,000. After this purchase, 68,199 common shares of NEWM are directly owned by the insider, with total stake valued at $846,350.

In the transaction dated Nov. 23, 2016, the great number of shares acquired came courtesy the CFO and CAO; Freiberg Gregory William added a total of 10,000 shares at an average price of $16, amounting to approximately $160,000. The insider now directly owns 168,269 shares worth $2,088,218.

New Media Investment Group Inc. (NEWM) Analyst Guide

Several analysts have released their opinion on New Media Investment Group Inc. (NYSE:NEWM), with 1 analysts believing it is a strong buy. Whereas 2 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.33 average brokerage recommendation.

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