<div id="readability-page-1"><p>Shares of Nexxen International Ltd. Sponsored ADR (NASDAQ:NEXN - Get Free Report) have been given a consensus rating of &#34;Moderate Buy&#34; by the ten research firms that are presently  covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and eight have assigned  a buy rating to  the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $11.1667.</p><div><p><span></span><span>Get <strong>Nexxen International</strong> alerts:</span></p></div><p>NEXN has been the subject of a number of research analyst reports. Rosenblatt Securities upped their target price on Nexxen International from $15.00 to $16.00 and gave the stock a &#34;buy&#34; rating in a research report on Thursday, March 5th. Needham &amp; Company LLC cut their target price on Nexxen International from $9.00 to $7.50 and set a &#34;buy&#34; rating for the company in a research report on Wednesday, March 4th. Scotiabank cut their target price on Nexxen International from $12.00 to $10.00 and set a &#34;sector outperform&#34; rating for the company in a research report on Thursday, March 5th. Weiss Ratings  restated a &#34;hold (c)&#34; rating on shares of Nexxen International in a research report on Thursday, January 22nd. Finally, BTIG Research cut their target price on Nexxen International from $10.00 to $9.00 and set a &#34;buy&#34; rating for the company in a research report on Thursday, March 19th.</p><p><b>View Our Latest Report on NEXN</b></p><h2>Institutional Investors Weigh In On Nexxen International</h2><p>Institutional investors and hedge funds have recently modified their holdings of the stock. California State Teachers Retirement System acquired a new stake in shares of  Nexxen International during the 2nd quarter valued at $25,000.  Quantbot Technologies LP acquired a new stake in  Nexxen International during the 3rd quarter valued at $43,000.  SG Americas Securities LLC acquired a new stake in  Nexxen International during the 3rd quarter valued at $102,000.  New York State Common Retirement Fund acquired a new stake in  Nexxen International during the 2nd quarter valued at $124,000.  Finally, Jump Financial LLC acquired a new stake in  Nexxen International during the 4th quarter valued at $95,000. 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 $7.38 on Thursday. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.04. The stock has a 50 day simple moving average of $6.87 and a 200-day simple moving average of $6.84. The company has a market cap of $415.35 million, a PE ratio of 18.00 and a beta of 1.63. Nexxen International has a 12-month low of $5.60 and a 12-month high of $12.60. </p><p>Nexxen International (NASDAQ:NEXN - Get Free Report) last issued its quarterly earnings data on Sunday, March 22nd. The company reported $0.09 earnings per share (EPS) for the quarter. The business had revenue of $71.01 million during the quarter. Nexxen International had a return on equity of 9.47% and a net margin of 6.87%. On average, equities research analysts forecast that  Nexxen International will post 0.75 EPS for the current year. </p><p>Nexxen International announced that its Board of Directors has approved a share repurchase plan on Friday, January 2nd that authorizes the company to buyback $40.00 million in    shares. This buyback authorization authorizes the company to reacquire up to 10.8% of its stock  through open market purchases. Stock  buyback plans are often a sign that the company's board believes its shares are undervalued. </p><h2>Nexxen International Company Profile</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. Its sell supply side platform (SSP) provides access to data and a comprehensive product suite to drive inventory management and revenue optimization. The company also offers data management platform solution, which integrates DSP and SSP solutions enabling advertisers and publishers to use data from various sources in order to optimize results of their advertising campaigns.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Nexxen International</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. Sponsored ADR (NASDAQ:NEXN) has received a consensus rating of "Moderate Buy" from ten research firms. Eight analysts rated it as a buy, while two rated it as hold. The average target price is $11.17. Recent reports show target price adjustments from various firms, with Rosenblatt Securities raising it to $16.00. Institutional investors own 54.24% of the stock. Nexxen's current stock price is $7.38, with a market cap of $415.35 million and a PE ratio of 18.00. The company also announced a $40 million share repurchase plan.</p>

Nexxen International Ltd. Sponsored ADR (NASDAQ:NEXN) Given Consensus Rating of "Moderate Buy" by Analysts