Insider Buying: News Corporation Director Buys 1,500 Shares of Stock (NWS)
News Corporation (NYSE:NWS) Director Natalie Bancroft bought 1,500 shares of News Corporation stock in a transaction that occurred on Thursday, August 14th. The shares were purchased at an average cost of $16.86 per share, with a total value of $25,290.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of News Corporation (NYSE:NWS) traded down 0.94% during mid-day trading on Friday, hitting $16.81. 913,237 shares of the company’s stock traded hands. News Corporation has a 52-week low of $15.00 and a 52-week high of $18.26. The stock’s 50-day moving average is $17.41 and its 200-day moving average is $17.0. The company has a market cap of $9.733 billion and a price-to-earnings ratio of 41.49.
News Corporation (NYSE:NWS) last posted its quarterly earnings results on Friday, August 8th. The company reported $0.01 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.01.
News Corporation is a diversified global media company. It has operations in eight segments: Filmed Entertainment, Television, Cable Network Programming, Direct Broadcast Satellite Television, Integrated Marketing Services, Newspapers and Information Services, Book Publishing, and Others.
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