<div id="readability-page-1"><p>Shares of Nexxen International Ltd. Sponsored ADR (NASDAQ:NEXN - Get Free Report) reached a new 52-week low during mid-day trading on Thursday after BTIG Research lowered their price target on the stock from $13.00 to $10.00. BTIG Research currently has a buy rating on the stock. Nexxen International traded as low as $6.08 and last traded at $6.32, with a volume of 1692372 shares changing hands. The stock had previously closed at $8.04.</p><p>Several other research analysts have also weighed in on the stock. Weiss Ratings  reissued a &#34;hold (c)&#34; rating on shares of Nexxen International in a report on Wednesday, October 8th. Needham &amp; Company LLC cut their price objective on Nexxen International from $14.00 to $9.00 and set a &#34;buy&#34; rating on the stock in a research note on Thursday. Rosenblatt Securities  reiterated a &#34;buy&#34; rating and issued a $16.00 target price on shares of Nexxen International in a research report on Friday, August 22nd. Craig Hallum lowered Nexxen International from a &#34;buy&#34; rating to a &#34;hold&#34; rating and set a $8.00 price target on the stock. in a research report on Thursday. Finally, Wall Street Zen cut Nexxen International from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research note on Friday, August 22nd. Eight investment analysts have rated the stock with a Buy rating and two have issued  a Hold rating to the company's stock. According to MarketBeat, Nexxen International  has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $13.11.</p><div><p><span></span><span>Get <strong>Nexxen International</strong> alerts:</span></p></div><p><b>View Our Latest Research Report on Nexxen International</b></p><h2>Institutional Inflows and Outflows</h2><p>Several large investors have recently bought and sold shares of NEXN. California State Teachers Retirement System purchased a new position in  Nexxen International in the second quarter valued at about $25,000.  Quantbot Technologies LP bought a new stake in shares of  Nexxen International in the 3rd quarter valued at approximately $43,000.  Police &amp; Firemen s Retirement System of New Jersey acquired a new position in  Nexxen International in the second quarter worth approximately $90,000.  SG Americas Securities LLC bought a new position in  Nexxen International during the third quarter valued at approximately $102,000.  Finally, New York State Common Retirement Fund acquired a new stake in  Nexxen International in the second quarter valued at approximately $124,000. Institutional investors own  54.24% of the company's stock. </p><h2>Nexxen International Price Performance</h2><p>The company has a market capitalization of $400.81 million, a P/E ratio of 8.74 and a beta of 1.70. The company's 50-day simple moving average is $8.76 and its 200 day simple moving average is $9.83. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.04. </p><p>Nexxen International announced that its Board of Directors has authorized a share buyback program on Friday, August 15th that permits the company to repurchase $20.00 million in    shares. This repurchase authorization permits the company to repurchase up to 3.4% of its stock  through open market purchases. Stock  repurchase programs are usually a sign that the company's management believes its shares are undervalued. </p><h2>About Nexxen International</h2> (Get Free Report)<p>Tremor International Ltd provides end-to-end software platform that enables advertisers to reach relevant audiences and publishers. The company's demand side platform (DSP) offers full-service and self-managed marketplace access to advertisers and agencies to execute their digital marketing campaigns in real time across various ad formats.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Nexxen International</li><li>What Are Dividends? Buy the Best Dividend Stocks</li><li>dLocal Falls Despite Blowout Q3 Results—What Investors Are Missing</li><li>What is a support level?</li><li>Ondas Holdings Signals a Rebound as Drone Demand Soars</li><li>Growth Stocks: What They Are, What They Are Not</li><li>Disney’s 2026 Outlook Brightens Under Iger's Magic Touch</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Nexxen International Right Now?</h2><p>Before you consider Nexxen International, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nexxen International wasn't on the list.</p><p>While Nexxen International currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

NEXN

<p>Nexxen International (NASDAQ:NEXN) hit a new 52-week low after BTIG Research downgraded its price target from $13.00 to $10.00, despite maintaining a buy rating. The stock traded as low as $6.08. Other analysts have mixed ratings, with a consensus of 'Moderate Buy' and a target price of $13.11. Institutional investors have been active, and the company has a share buyback program authorized. Nexxen International provides a software platform for digital marketing.</p>

Nexxen International (NASDAQ:NEXN) Hits New 12-Month Low After Analyst Downgrade