Sinclair stock falls 2.28 percent after insider sale

Sinclair stock fell 2.28 percent to USD 12.87 on Nasdaq on September 23, 2026. The move followed a September 21 disposal of 1,192 Class A shares by vice president and director Frederick G. Smith, according to Investing.com.

Insider sale meets weak EPS

The shares were sold at prices from USD 13.50 to USD 13.5061, above the September 23 market price of USD 12.87. The transaction was linked to trust arrangements benefiting Smith's child, rather than a stated change in Sinclair's operating strategy, Investing.com reported.

Revenue improves year over year

Sinclair generated USD 840 million of revenue in Q2 2026, up 7 percent from the prior year, while adjusted EPS came in at negative USD 1.06 versus a consensus loss of negative USD 0.22, according to Investing.com. The result puts revenue and earnings on different tracks: advertising supported sales, but the adjusted loss was USD 0.84 per share below expectations.

The company also raised its full-year guidance for political advertising and adjusted EBITDA, while core advertising remained under pressure, MarketBeat reported. That split makes the next reporting update important because revenue growth alone has not yet translated into positive adjusted earnings.

Stock stays below yearly midpoint

At USD 12.87, Sinclair stock was USD 0.41, or 3.29 percent, above its 52-week low of USD 12.46 on September 23, 2026. It remained USD 5.01, or 28.02 percent, below the 52-week high of USD 17.88.

Nasdaq snapshot

Sinclair operates local television stations and sports networks, including Tennis Channel, and owns multicast networks such as CHARGE, Comet, ROAR and The Nest. Its portfolio includes 178 television stations in 79 markets, according to GlobeNewswire.

Sinclair stock stood at USD 12.87 on Nasdaq on September 23, 2026, down USD 0.30 from the previous close. The company had a market capitalization of USD 899,449,628 at the latest quote.