New Media Investment Group Inc. (NYSE:NEWM) recovered 8.46% of its value since hitting low of $8.51. The recent move of -4.45% drop pushed the stock to close at $9.23 when trading ended on 6/12/2019. At a recent session, the prices were hovering between $9.19 and $9.72. This company shares are 8.34% off its target price of $10 and the current market capitalization stands at $548.82M. The recent change has given its price a -9.1% deficit over SMA 50 and -51.68% deficit over its 52-week high. The stock witnessed -5.24% declines, -23.08% declines and -26.8% 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 2.98% and during a month it has been found around 3.01%.

New Media Investment Group Inc. (NEWM) Top Holders

Institutional investors currently hold around $521 million or 90.1% in NEWM stock. Look at its top three institutional owners: Blackrock Inc. owns $83.49 million in New Media Investment Group Inc., which represents roughly 15.21% of the company’s market cap and approximately 16.02% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 6,244,702 shares of the stock are valued at $60.32 million. The third largest holder is Dimensional Fund Advisors Lp, which currently holds $45.04 million worth of this stock and that ownership represents nearly 8.21% of its market capitalization.

New Media Investment Group Inc. 13F Filings

At the end of March reporting period, 100 institutional holders increased their position in New Media Investment Group Inc. (NYSE:NEWM) by some 6,596,154 shares, 74 decreased positions by 4,394,027 and 35 held positions by 42,930,096. That puts total institutional holdings at 53,920,277 shares, according to SEC filings. The stock grabbed 26 new institutional investments totaling 732,857 shares while 24 institutional investors sold out their entire positions totaling 1,256,203 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 COO Davis Kirk A has acquired 6,750 shares of New Media Investment Group Inc. (NEWM) in the trading session dated Nov. 08, 2018. These shares are worth $95,850 and were traded at $14.2 each. The SEC filing shows that Freiberg Gregory William performed a sale of 85,000 shares. The CFO and CAO disposed these shares by way of transaction on Nov. 07, 2018. The company’s shares were given away at $14.24 per share worth to an income of some $1,210,400 to the account of Freiberg Gregory William.

Director, Tarica Laurence, purchased 15,000 common shares of New Media Investment Group Inc. (NEWM) in the open market. In a transaction dated Nov. 07, 2018, the shares were bought at an average price of $14.48, giving away a sum of $217,200. After this purchase, 103,070 common shares of NEWM are directly owned by the insider, with total stake valued at $951,336.

In the transaction dated Nov. 06, 2018, a great number of shares acquired came courtesy the CEO; Reed Michael added a total of 75,000 shares at an average price of $14.22, amounting to approximately $1,066,500. The insider now directly owns 377,361 shares worth $3,483,042.

New Media Investment Group Inc. (NEWM) Analyst Guide

Several analysts have released their opinion on New Media Investment Group Inc. (NYSE:NEWM), with 0 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 3 average brokerage recommendation [T1].