Nexxen International CFO Sagi Niri Sells Shares

Sagi Niri, the Chief Financial Officer of Nexxen International Ltd. (NasdaqGM:NEXN), sold 2,098 shares of the company on June 17, 2026. The shares were sold at an average price of $8.78, totaling approximately $18,420.44. This transaction was part of a planned sale, as indicated by the filing.

Insider Buying and Selling at Nexxen International Ltd.

Sagi Niri has been actively selling shares of Nexxen International over several days in June 2026. On June 16, he sold 34,667 shares at an average price of $8.78, and on June 15, he sold 1,160 shares at $8.71 each. Earlier, on June 12, he sold 200 shares at $8.70, and on June 10, he sold 5,922 shares at $8.74. The series of sales began on June 4, with 13,164 shares sold at $8.54.

Other Institutional Activity in Nexxen International

Several institutional investors have recently adjusted their holdings in Nexxen International. Rice Hall James & Associates, LLC increased its stake by 149,084 shares, bringing its total to 2,117,412 shares, valued at approximately $13.8 million. Meanwhile, Morgan Stanley added 139,730 shares, raising its total to 578,675 shares, worth about $3.77 million. Conversely, BlackRock, Inc. reduced its position by 191,807 shares, leaving it with 1,721,733 shares, valued at around $11.2 million. Acadian Asset Management LLC also trimmed its holdings by 98,483 shares, now holding 956,173 shares, worth about $6.22 million.

Nexxen International Ltd. Stock Down 15.9%

Shares of Nexxen International Ltd. traded near $8.60 on Monday. The company has a market capitalization of approximately $479.2 million and a P/E ratio of 28.67. Its forward P/E is notably lower at 6.92, suggesting expectations of stronger future earnings. Nexxen's stock has a 52-week range between $5.60 and $11.59, with a 50-day moving average of $7.89 and a 200-day moving average of $7.43. The company's beta is 1.481, indicating higher volatility compared to the market.

Analysts Set New Price Targets

On June 17, 2026, several analysts maintained their ratings on Nexxen International. Raymond James, Scotiabank, and Needham each continued to rate the stock as a "buy," with price targets of $11.0, $11.0, and $10.5, respectively. BTIG also maintained its "buy" rating with a target of $10.0. The consensus among analysts is a "buy" rating, with a mean price target of $12.79, based on 10 analyst opinions.

About Nexxen International Ltd.

Nexxen International Ltd., headquartered in Tel Aviv-Yafo, Israel, operates in the communication services sector, specifically within the advertising agencies industry. The company offers a comprehensive platform for managing advertising campaigns for brands, agencies, media groups, and content creators globally. Nexxen provides tools for demand and supply side platforms, data analytics, and creative solutions through its Nexxen Studio. The company is led by CEO Mr. Ofer Druker and employs around 909 people.

Bottom Line

Sagi Niri's planned sale of Nexxen shares is part of a series of insider transactions that investors closely monitor for insights into the company's executive confidence. While insider sales can sometimes cause concern, they are not uncommon and may be part of routine financial planning. Nexxen's stock performance and institutional investor activity suggest ongoing interest in the company's growth prospects, as reflected in analyst ratings and price targets.