<div id="readability-page-1"><p>Shares of Nexxen International Ltd. Sponsored ADR (NASDAQ:NEXN - Get Free Report) have earned an average rating of &#34;Moderate Buy&#34; from the eleven analysts that are  covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and nine have issued  a buy recommendation on  the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $12.60.</p><p>A number of analysts have recently issued reports on NEXN shares. BTIG Research dropped their price objective on shares of Nexxen International from $13.00 to $10.00 and set a &#34;buy&#34; rating on the stock in a research note on Thursday, November 13th. Weiss Ratings  reaffirmed a &#34;hold (c)&#34; rating on shares of Nexxen International in a research note on Wednesday, October 8th. Craig Hallum lowered shares of Nexxen International from a &#34;buy&#34; rating to a &#34;hold&#34; rating and set a $8.00 price objective on the stock. in a report on Thursday, November 13th. Rosenblatt Securities  restated a &#34;buy&#34; rating and set a $16.00 target price on shares of Nexxen International in a research note on Friday, August 22nd. Finally, Citizens Jmp dropped their target price on Nexxen International from $15.00 to $12.00 and set a &#34;market outperform&#34; rating on the stock in a research report on Friday, November 14th.</p><div><p><span></span><span>Get <strong>Nexxen International</strong> alerts:</span></p></div><p><b>View Our Latest Stock Analysis on Nexxen International</b></p><h2>Institutional Trading of Nexxen International</h2><p>A number of hedge funds have recently made changes to their positions in the stock. FourThought Financial Partners LLC bought a new stake in shares of  Nexxen International in the third quarter worth $168,000.  ARK Investment Management LLC acquired a new position in  Nexxen International during the 3rd quarter worth $1,798,000.  Rock Point Advisors LLC increased its position in shares of  Nexxen International by 14.9% in the 3rd quarter. Rock Point Advisors LLC now owns 667,222 shares of the company's stock worth $6,172,000 after purchasing an additional 86,415 shares during the last quarter.  Legato Capital Management LLC raised its stake in shares of  Nexxen International by 54.4% in the 3rd quarter. Legato Capital Management LLC now owns 20,213 shares of the company's stock valued at $187,000 after purchasing an additional 7,124 shares in the last quarter.  Finally, Quantbot Technologies LP acquired a new stake in shares of  Nexxen International in the 3rd quarter valued at about $43,000. Institutional investors and hedge funds own  54.24% of the company's stock. </p><h2>Nexxen International Stock Performance</h2><p>Shares of NASDAQ:NEXN opened at $6.48 on Monday. The business's 50-day simple moving average is $8.05 and its 200 day simple moving average is $9.45. The company has a market cap of $367.46 million, a P/E ratio of 10.79 and a beta of 1.71. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.25 and a current ratio of 1.25. Nexxen International has a one year low of $6.08 and a one year high of $12.60. </p><p>Nexxen International announced that its board has initiated a stock repurchase program on Friday, August 15th that allows the company to buyback $20.00 million in  outstanding  shares. This buyback authorization allows the company to repurchase up to 3.4% of its stock  through open market purchases. Stock  buyback programs are generally a sign that the company's leadership 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>Read More</h2><ul><li>Five stocks we like better than Nexxen International</li><li>3 Grocery Stocks That Can Help Take a Bite Out of Inflation </li><li>Worried About Inflation? These 3 ETFs Offer Real Protection</li><li>What is a SEC Filing?</li><li>Intel’s Black Friday Breakout: Apple Rumors Fuel a Holiday Rally</li><li>Health Care Stocks Explained: Why You Might Want to Invest</li><li>Klarna's Crypto Play: A Plan to Fix Its Profit Problem</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TkVYTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TkVYTg"/></p><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 Ltd. (NASDAQ:NEXN) has received a "Moderate Buy" rating from eleven analysts, with two recommending hold and nine recommending buy. The average 12-month price target is $12.60. Recent analyst reports have adjusted price targets, with some downgrading to hold. Institutional investors have been active, with significant changes in stock positions. The company has initiated a $20 million stock repurchase program, indicating potential undervaluation. Nexxen's stock opened at $6.48, with a market cap of $367.46 million.</p>

Nexxen International Ltd. Sponsored ADR (NASDAQ:NEXN) Receives Average Rating of "Moderate Buy" from Brokerages