News Corp (NWS) CFO Sells $41,116.88 in Stock
News Corp (NASDAQ:NWS) CFO Kevin Halpin sold 2,468 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $16.66, for a total value of $41,116.88. Following the completion of the sale, the chief financial officer now directly owns 10,000 shares of the company’s stock, valued at $166,600. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Kevin Halpin also recently made the following trade(s):
- On Tuesday, November 28th, Kevin Halpin sold 5,000 shares of News stock. The shares were sold at an average price of $16.10, for a total value of $80,500.00.
- On Thursday, November 16th, Kevin Halpin sold 7,387 shares of News stock. The shares were sold at an average price of $15.62, for a total value of $115,384.94.
- On Friday, November 10th, Kevin Halpin sold 5,000 shares of News stock. The shares were sold at an average price of $15.25, for a total value of $76,250.00.
- On Tuesday, November 7th, Kevin Halpin sold 5,000 shares of News stock. The shares were sold at an average price of $14.50, for a total value of $72,500.00.
Shares of News Corp (NWS) remained flat at $$16.55 during mid-day trading on Wednesday. The company had a trading volume of 477,482 shares, compared to its average volume of 503,594. News Corp has a twelve month low of $11.75 and a twelve month high of $17.05. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $9,758.90, a P/E ratio of 38.07 and a beta of 1.95.
Several research firms have recently issued reports on NWS. BidaskClub lowered News from a “hold” rating to a “sell” rating in a research note on Friday, September 15th. TheStreet raised News from a “c+” rating to a “b-” rating in a research note on Wednesday, November 29th.
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News Company Profile
News Corporation is a diversified media and information services company. The Company operates in five segments: News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Other. The Company’s business consists of range of media, including news and information services, sports programming in Australia, digital real estate services, book publishing, and pay-television (TV) distribution in Australia, that are distributed under the brands, including The Wall Street Journal, Dow Jones, Herald Sun, The Sun, The Times, HarperCollins Publishers, FOX SPORTS Australia and realestate.com.au.
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