Perry A.  Sook net worth and biography

Perry Sook Biography and Net Worth

Perry A. Sook has over 41 years of professional experience in the television and radio broadcasting industries, covering all facets of the business, including ownership and M&A, management, sales, on-air talent, and news. He founded Nexstar in 1996 with one local television station in Scranton, PA, and began building the foundation of what became one of the world’s leading local marketing and content companies, leveraging localism to bring new services and value to consumers and advertisers across its traditional media, digital and mobile media platforms. Based in Irving, TX, Nexstar trades on NASDAQ under the symbol “NXST”.

Following the $7.1 billion accretive acquisition of Tribune Media and the $4.6 billion accretive acquisition of Media General, Nexstar Media Group, Inc. is the largest local broadcast television operator in the United States, with 199 stations reaching 116 markets, or more than 68% of all television households, and annual revenue in excess of $4.5 billion. As one of the nation’s leading providers of local news, entertainment, sports, lifestyle, and network programming, Nexstar produces and distributes over 275,000 hours of local content per year. In addition, Nexstar’s digital properties provide innovative digital marketing solutions and services to local and national media companies, advertisers, agencies, and brands.

Prior to Nexstar, Mr. Sook was one of the principals of Superior Communication Group, Inc., which was sold in 1995 to Sinclair Broadcast Group. Before Superior, Mr. Sook was President/CEO of Seaway Communication, Inc., owner of network affiliated stations in Bangor, ME and Wausau, WI. Before being recruited to run Seaway, he worked in the television industry as a General Sales Manager, acting General Manager and National Sales Manager. Mr. Sook previously spent five years with Cox Broadcasting, first in local sales in Pittsburgh, then at Telerep, Inc., as a National Account Executive. Early in his career, Mr. Sook was involved in local TV sales and radio sales. Mr. Sook also worked briefly as a television news anchor at the CBS affiliate in Clarksburg, WV.

In June 2021, Mr. Sook was elected Television Board chair for the National Association of Broadcasters (NAB). He serves on the Board of Directors of Broadcast Music, Inc. (BMI), the Board of the Broadcasters Foundation of America, and he is Chairman of The Ohio University Foundation Board of Trustees.  Mr. Sook is also a member of the Board of Directors of the Television Bureau of Advertising (TVB), where he formerly served as Chairman. He is past Chairman of the CBS Affiliate Board.

Mr. Sook was named the 2009 Broadcaster of the Year by Broadcasting and Cable (B&C) and was among the honorees inducted into the B&C Hall of Fame in 2014. He was inducted to The Library of American Broadcasting Foundation’s 2016 Giants of Broadcasting and Electronic Arts and received The Media Institute’s 2016 American Horizon Award, recognizing his leadership, promoting the vitality and independence of American media.

Mr. Sook did his undergraduate work at Ohio University in Athens, OH and was an adjunct professor at Edinboro State University of Pennsylvania.

He and his wife Sandra have three children: Laura, Victoria and Perry, Jr. They reside in Flower Mound, TX.

What is Perry A. Sook's net worth?

The estimated net worth of Perry A. Sook is at least $102.53 million as of March 5th, 2024. Mr. Sook owns 636,788 shares of Nexstar Media Group stock worth more than $102,529,236 as of April 23rd. This net worth approximation does not reflect any other investments that Mr. Sook may own. Additionally, Mr. Sook receives a salary of $6,010,000.00 as CEO at Nexstar Media Group. Learn More about Perry A. Sook's net worth.

How old is Perry A. Sook?

Mr. Sook is currently 66 years old. There are 6 older executives and no younger executives at Nexstar Media Group. Learn More on Perry A. Sook's age.

What is Perry A. Sook's salary?

As the CEO of Nexstar Media Group, Inc., Mr. Sook earns $6,010,000.00 per year. Learn More on Perry A. Sook's salary.

How do I contact Perry A. Sook?

The corporate mailing address for Mr. Sook and other Nexstar Media Group executives is 545 EAST JOHN CARPENTER FREEWAY SUITE 700, IRVING TX, 75062. Nexstar Media Group can also be reached via phone at (972) 373-8800 and via email at [email protected]. Learn More on Perry A. Sook's contact information.

Has Perry A. Sook been buying or selling shares of Nexstar Media Group?

Perry A. Sook has not been actively trading shares of Nexstar Media Group during the last ninety days. Most recently, Perry A. Sook sold 31,758 shares of the business's stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $158.66, for a transaction totalling $5,038,724.28. Following the completion of the sale, the chief executive officer now directly owns 636,788 shares of the company's stock, valued at $101,032,784.08. Learn More on Perry A. Sook's trading history.

Who are Nexstar Media Group's active insiders?

Nexstar Media Group's insider roster includes Andrew Alford (Insider), Geoffrey Armstrong (Director), Karen Brophy (Insider), Timothy Busch (Insider), Thomas Carter (COO), Sean Compton (Insider), Lee Ann Gliha (CFO), Brett Jenkins (EVP), Charles McMillen (Director), Lisbeth Mcnabb (Director), Dennis Miller (Director), Rachel Morgan (EVP), John Muse (Director), I. Pompadur (Director), Blake Russell (EVP), Elizabeth Ryder (EVP), Perry Sook (CEO), Gary Weitman (Insider), and Dana Zimmer (Insider). Learn More on Nexstar Media Group's active insiders.

Are insiders buying or selling shares of Nexstar Media Group?

During the last twelve months, insiders at the sold shares 32 times. They sold a total of 119,134 shares worth more than $19,013,530.58. The most recent insider tranaction occured on March, 27th when Director Dennis J Fitzsimons sold 2,000 shares worth more than $341,640.00. Insiders at Nexstar Media Group own 5.9% of the company. Learn More about insider trades at Nexstar Media Group.

Information on this page was last updated on 3/27/2024.

Perry A. Sook Insider Trading History at Nexstar Media Group

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/5/2024Sell31,758$158.66$5,038,724.28636,788View SEC Filing Icon  
2/2/2022Sell15,247$170.00$2,591,990.00View SEC Filing Icon  
1/13/2022Sell248,506$170.34$42,330,512.04View SEC Filing Icon  
11/15/2021Sell179,699$170.55$30,647,664.45View SEC Filing Icon  
11/12/2021Sell49,100$170.60$8,376,460.00View SEC Filing Icon  
11/10/2021Sell23,100$170.13$3,930,003.00View SEC Filing Icon  
3/15/2021Sell50,000$157.75$7,887,500.00353,176View SEC Filing Icon  
3/19/2020Sell1,400$57.00$79,800.00View SEC Filing Icon  
3/17/2020Sell7,000$67.00$469,000.00View SEC Filing Icon  
11/9/2017Sell300,000$66.13$19,839,000.00View SEC Filing Icon  
3/3/2017Sell10,833$70.64$765,243.12View SEC Filing Icon  
1/15/2017Sell10,725$62.26$667,738.50View SEC Filing Icon  
6/25/2015Sell174,930$56.99$9,969,260.70View SEC Filing Icon  
6/23/2015Sell72,677$57.27$4,162,211.79View SEC Filing Icon  
6/19/2015Sell20,029$57.30$1,147,661.70View SEC Filing Icon  
3/23/2015Sell10,781$57.56$620,554.36View SEC Filing Icon  
3/18/2015Sell8,719$58.00$505,702.00View SEC Filing Icon  
3/17/2015Sell12,864$58.00$746,112.00View SEC Filing Icon  
3/16/2015Sell5,362$58.00$310,996.00View SEC Filing Icon  
12/26/2014Sell73,421$52.52$3,856,070.92View SEC Filing Icon  
12/23/2014Sell26,579$52.51$1,395,663.29View SEC Filing Icon  
11/25/2014Sell76,859$50.61$3,889,833.99View SEC Filing Icon  
6/25/2014Sell223,141$48.92$10,916,057.72View SEC Filing Icon  
6/26/2013Sell225,000$34.02$7,654,500.00View SEC Filing Icon  
6/25/2013Sell65,000$34.00$2,210,000.00View SEC Filing Icon  
6/19/2013Sell10,000$34.01$340,100.00View SEC Filing Icon  
See Full Table

Perry A. Sook Buying and Selling Activity at Nexstar Media Group

This chart shows Perry A Sook's buying and selling at Nexstar Media Group by year and by quarter.

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Nexstar Media Group Company Overview

Nexstar Media Group logo
Nexstar Media Group, Inc. operates as a diversified media company that produces and distributes engaging local and national news, sports and entertainment content across the television and digital platforms in the United States. It owns, operates, programs, or provides sales and other services to various markets; and offers television programming services. The company offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites, mobile and over-the-top applications, other digital media solutions to media publishers, and advertisers and a consumer product reviews platform. In addition, it owns NewsNation, a national cable news network; and WGN-AM, a Chicago radio station, as well as owns and operates digital multicast networks and other multicast network services. Further, its digital assets include local websites, mobile applications, connected television applications, free-ad supported television channels representing products of local television stations, The CW, The Hill and BestReviews, and a suite of advertising solutions. Additionally, the company engages in digital business; and management of real estate assets, including leasing of owned office and production facilities. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.
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Today's Range

Now: $161.01
Low: $160.73
High: $166.00

50 Day Range

MA: $165.67
Low: $156.10
High: $173.87

2 Week Range

Now: $161.01
Low: $132.30
High: $187.32

Volume

348,133 shs

Average Volume

347,751 shs

Market Capitalization

$5.38 billion

P/E Ratio

16.72

Dividend Yield

4.09%

Beta

1.5