A Director at New York Times is Exercising Options

By Carrie Williams

Yesterday, a Director at New York Times, Doreen Toben, exercised options of New York Times for $191.8K.

Following Doreen Toben’s last NYT Sell transaction on February 15, 2017, the stock climbed by 8.9%. In addition to Doreen Toben, 3 other NYT executives reported Sell trades in the last month.

Based on New York Times’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $484 million and GAAP net loss of $56.81 million. In comparison, last year the company earned revenue of $440 million and had a net profit of $39.42 million. The company has a one-year high of $25.70 and a one-year low of $14.08. NYT’s market cap is $3.92B and the company has a P/E ratio of 982.14.

The insider sentiment on New York Times has been negative according to 71 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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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, mobile applications, and related businesses.