New York Times Co (NYT): Kenneth A Richieri , EVP & GENERAL COUNSEL of New York Times Co sold 32,876 shares on May 11, 2016. The Insider selling transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were sold at $12.31 per share for a total value of $404,802.19 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Nov 30, 2015, R Anthony Benten (SVP, Finance & Controller) sold 6,600 shares at $14.05 per share price.On Nov 20, 2015, James M Follo (EVP & CFO) sold 55,000 shares at $13.87 per share price.Also, On May 28, 2015, Michael Golden (Vice Chairman) sold 76,667 shares at $14.14 per share price.On Jan 29, 2015, Arthur Jr Sulzberger (Chairman and Publisher) sold 50,000 shares at $16.45 per share price.
New York Times Co: On Tuesday, May 10, 2016 heightened volatility was witnessed in New York Times Co which led to swings in the share price. The shares opened for trading at $12.45 and hit $12.49 on the upside , eventually ending the session at $12.41, with a gain of 0.32% or 0.04 points. The heightened volatility saw the trading volume jump to 4,34,884 shares. The 52-week high of the share price is $14.51 and the company has a market cap of $1,997 M . The 52-week low of the share price is at $11.48.
The New York Times Company is a media organization focused on creating collecting and distributing news and information. The Company includes newspapers digital businesses and investments in paper mills. The Companys businesses include The New York Times (The Times); the International New York Times (INYT) the international edition of The Times; its Websites NYTimes.com and international.nytimes.com and related businesses such as The Times news services division digital archive distribution conferences business and other products and services. The Times is a daily (Monday to Saturday) and Sunday newspaper and INYT is a daily newspaper. The Companys content reaches its audience through its print products online and through other digital media including smartphone tablet and e-reader applications. The Company generates revenues principally from circulation and advertising.