Nexstar Broadcasting CEO Buys Stock in Company

According to a recent report from Gilford Securities, Nexstar Broadcasting NXST CEO, Perry Sook has purchased nearly 23,000 shares of stock at $6.96 per share. Sook has a history of purchasing a large number of his company shares and currently owns around 2.13MM shares. In the report, Gilford Securities said, "He does own 2.13MM shares; but he's often showing his confidence with his money. If more NXST execs weighed in with their own sizable open market share purchases, investors should look closer at NXST." NXST closed yesterday at $6.90.