Today, a Director at New York Times (NYT), Doreen Toben, bought shares of NYT for $14.01K.
Following Doreen Toben’s last NYT Buy transaction on February 14, 2018, the stock climbed by 2.2%. This recent transaction increases Doreen Toben’s holding in the company by 2.01% to a total of $684.4K.
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Based on New York Times’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $417 million and quarterly net profit of $24.98 million. In comparison, last year the company earned revenue of $386 million and had a net profit of $32.33 million. NYT’s market cap is $4.44B and the company has a P/E ratio of 384.86. Currently, New York Times has an average volume of 2.64M.
Based on 3 analyst ratings, the analyst consensus is Hold with an average price target of $24.33, reflecting a -12.0% downside.
The insider sentiment on New York Times has been negative according to 117 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Doreen Toben’s trades have generated a -21.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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The New York Times Co. is a media organization, which engages in creating, collecting, and distributing news and information. It includes newspapers, print, and digital products and investments and operates through The New York Times, NYTimes.com, and mobile applications.
