Nexxen International
NEXN on Nasdaq. Computer programming, data processing, etc. Market value $502m.
This company reports once a year (it is based outside the US), so every figure comes from its annual report for the year to December 2025.
We can't read total debt from the filing, so debt is left out.
Cash flow or capital spending isn't reported, so free cash flow is unknown.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
Nothing stands out yet.
What to watch out for
See Technology stocks that passed both tests
This is not advice. Check the numbers below.
We could not compute this from the filings.
The filings do not give us enough to work this out.
The filings do not give us enough to work this out.
Quality score: not known. Price score: not known. Our list needs 70 on quality and 60 on price.
$8.72 a share, 56% above its 1-year low
Over the past year the price has ranged from $5.60 to $11.30.
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
| Revenue | |||||
| Revenue | n/a | n/a | n/a | n/a | n/a |
| Operating margin | |||||
| Operating margin | n/a | n/a | n/a | n/a | n/a |
| Debt to equity | |||||
| Debt to equity | n/a | n/a | n/a | n/a | n/a |
| Shares outstanding | |||||
| Shares outstanding | 0.15bn | 0.14bn | 0.15bn | 0.07bn | 0.06bn |
Health checks
- Free cash flow positiveNot enough data
- Accounting looks honest (Beneish)Not enough data
- Financial strength (Piotroski)Not enough data
- Profit backed by cash (accruals)Not enough data
- DebtUnknown
- Revenue growth, five yearsUnknown
- Buying back its own sharesYes, 64% fewer since 2021
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 4 March 2026
- Next quarterly (estimated, 10-Q)
- n/a
Who owns it
1 long-term investor we follow owns it, up from 0 last quarter. 129 funds in all.
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| LSV Asset ManagementJosef Lakonishok | $3m | <0.1% | New |
Largest holders overall
- Mithaq Capital SPC$156m
- Lombard Odier Asset Management (Europe)$24mNew
- Rice Hall James & Associates$20mAdded
- BlackRock$17mAdded
- Acadian Asset Management$12mAdded
- Rock Point Advisors$8mCut
- Morgan Stanley$7mAdded
- AQR Capital Management$5mAdded
- Arrowstreet Capital, Limited Partnership$5mAdded
- State Street$5mAdded
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
4 investors own more than 5%.
- at least 30.5%0.0 pts(filed with 2 related holders)Since 25 December 2025
What they said
Item 4 of the Initial 13D is hereby amended and supplemented by adding the following to the end thereof: The Reporting Persons have had discussions with the Issuer's Board of Directors ("Board") concerning the proxy vote cast by Mithaq Capital SPC ("Mithaq") of its Shares, as…
Read the filing - Alan W. WeberPassive investorat least 7.8%+2.3 pts(filed with 1 related holder)Since 31 December 2025
- Old Oak Holdings LimitedPassive investorat least 7.3%−1.3 pts(filed with 1 related holder)Since 30 June 2025
- Toscafund Asset Management LLPPassive investorat least 4.3%−1.2 pts(filed with 3 related holders)Since 30 June 2025
| Holder | Stake | Since | |
|---|---|---|---|
at least 30.5%0.0 pts (filed with 2 related holders) | 25 December 2025 | What they saidItem 4 of the Initial 13D is hereby amended and supplemented by adding the following to the end thereof: The Reporting Persons have had discussions with the Issuer's Board of Directors ("Board") concerning the proxy vote cast by Mithaq Capital SPC ("Mithaq") of its Shares, as… Read the filing | |
Alan W. Weber Passive investor | at least 7.8%+2.3 pts (filed with 1 related holder) | 31 December 2025 | |
Old Oak Holdings Limited Passive investor | at least 7.3%−1.3 pts (filed with 1 related holder) | 30 June 2025 | |
Toscafund Asset Management LLP Passive investor | at least 4.3%−1.2 pts (filed with 3 related holders) | 30 June 2025 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
No insider bought shares on the open market in the last 12 months. 2 sold $4m, $4m of it under preset trading plans.
- Kerstein Daniel YosefDirectorSold
- Date
- 17 August 2026
- Shares
- 11,000
- Price
- $10.38
- Value
- $114,180
- Niri SagiChief Financial OfficerSoldunder a preset trading plan
- Date
- 28 July 2026
- Shares
- 17,578
- Price
- $10.51
- Value
- $184,773
- Niri SagiChief Financial OfficerSoldunder a preset trading plan
- Date
- 16 July 2026
- Shares
- 35,000
- Price
- $10.31
- Value
- $360,976
- Niri SagiChief Financial OfficerSoldunder a preset trading plan
- Date
- 15 July 2026
- Shares
- 34,500
- Price
- $10.16
- Value
- $350,468
- Niri SagiChief Financial OfficerSoldunder a preset trading plan
- Date
- 13 July 2026
- Shares
- 71,845
- Price
- $9.96
- Value
- $715,468
- Niri SagiChief Financial OfficerSoldunder a preset trading plan
- Date
- 10 July 2026
- Shares
- 3,655
- Price
- $9.73
- Value
- $35,580
- Niri SagiChief Financial OfficerSoldunder a preset trading plan
- Date
- 6 July 2026
- Shares
- 199
- Price
- $9.54
- Value
- $1,898
- Niri SagiChief Financial OfficerSoldunder a preset trading plan
- Date
- 2 July 2026
- Shares
- 49,826
- Price
- $9.54
- Value
- $475,574
- Niri SagiChief Financial OfficerSoldunder a preset trading plan
- Date
- 1 July 2026
- Shares
- 42,692
- Price
- $9.36
- Value
- $399,739
- Niri SagiChief Financial OfficerSoldunder a preset trading plan
- Date
- 30 June 2026
- Shares
- 6,183
- Price
- $9.13
- Value
- $56,442
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 17 August 2026 | Kerstein Daniel Yosef Director | Sold | 11,000 | $10.38 | $114,180 |
| 28 July 2026 | Niri Sagi Chief Financial Officer | Sold under a preset trading plan | 17,578 | $10.51 | $184,773 |
| 16 July 2026 | Niri Sagi Chief Financial Officer | Sold under a preset trading plan | 35,000 | $10.31 | $360,976 |
| 15 July 2026 | Niri Sagi Chief Financial Officer | Sold under a preset trading plan | 34,500 | $10.16 | $350,468 |
| 13 July 2026 | Niri Sagi Chief Financial Officer | Sold under a preset trading plan | 71,845 | $9.96 | $715,468 |
| 10 July 2026 | Niri Sagi Chief Financial Officer | Sold under a preset trading plan | 3,655 | $9.73 | $35,580 |
| 6 July 2026 | Niri Sagi Chief Financial Officer | Sold under a preset trading plan | 199 | $9.54 | $1,898 |
| 2 July 2026 | Niri Sagi Chief Financial Officer | Sold under a preset trading plan | 49,826 | $9.54 | $475,574 |
| 1 July 2026 | Niri Sagi Chief Financial Officer | Sold under a preset trading plan | 42,692 | $9.36 | $399,739 |
| 30 June 2026 | Niri Sagi Chief Financial Officer | Sold under a preset trading plan | 6,183 | $9.13 | $56,442 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
Warning signs in its filings
Problems the company itself reported to the SEC, in its own words.
Nexxen International doesn’t file a US annual report (10-K), so we haven’t checked it.
A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.
What could go wrong
Cheap for a reason is the question the numbers cannot answer.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.