$NMAX

Newsmax Inc.

No enriched coverage for $NMAX in the last 7 days.

No SEC Form 4 filings for $NMAX in the last 30 days.

See all $NMAX insider activity →

Boes to Newsmax: MAHA Push Drives 'Astronomical' Sales

Steak 'n Shake's chief MAHA officer, Michael Boes, attributed a 15% same-store sales growth to the chain's decision to drop seed oils, with recent quarters seeing up to 19% growth. Biglari Holdings, which owns the chain, reported 10.2% same-store sales growth for 2025, its best annual performance since 1992. Boes noted resistance from suppliers but found partners willing to adopt the change. The shift aligns with the MAHA movement, supported by Trump and Kennedy Jr.

CONYERS INVESTMENTS LLC sold $401K of NMAX

CONYERS INVESTMENTS LLC sold 36,251 shares of Newsmax Inc. (NMAX) at an average of $11.05 ($11.02–$11.07, $0.40M total) across 2 trades over 2026-09-21 to 2026-09-22.

NMAX sentiment & insider activity

Recent NMAX coverage spans insider activity, financial news and regulation.

What's driving NMAX

  • Freedom Capital Markets initiated coverage of Newsmax with a Hold rating and $10 price target, implying 7.9% upside. The company shows high revenue growth potential, with 18.3% CAGR from FY23 to FY25, but trades at a premium valuation relative to peers, raising concerns.

    tradingview.com · Oct 14, 2026

  • Steak 'n Shake's chief MAHA officer, Michael Boes, attributed a 15% same-store sales growth to the chain's decision to drop seed oils, with recent quarters seeing up to 19% growth. Biglari Holdings, which owns the chain, reported 10.2% same-store sales growth for 2025, its best annual performance since 1992. Boes noted resistance from suppliers but found partners willing to adopt the change. The shift aligns with the MAHA movement, supported by Trump and Kennedy Jr.

    finance.yahoo.com · Oct 10, 2026

  • Minor insider sell may signal slight negative sentiment but size is trivial.

    SEC EDGAR · Sep 23, 2026

  • Insider sale of ~0.15% of float may signal reduced confidence, modest bearish pressure.

    SEC EDGAR · Sep 16, 2026

  • Minor dilution of insider ownership; unlikely to move price materially.

    SEC EDGAR · Sep 14, 2026

AlphAI scores every news story that mentions NMAX with an AI model for sentiment and relevance, and aggregates insider trades from Newsmax Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $NMAX

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Boes to Newsmax: MAHA Push Drives 'Astronomical' Sales

Steak 'n Shake's chief MAHA officer, Michael Boes, attributed a 15% same-store sales growth to the chain's decision to drop seed oils, with recent quarters seeing up to 19% growth. Biglari Holdings, which owns the chain, reported 10.2% same-store sales growth for 2025, its best annual performance since 1992. Boes noted resistance from suppliers but found partners willing to adopt the change. The shift aligns with the MAHA movement, supported by Trump and Kennedy Jr.

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