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News Corp Files Form 4 Detailing Lachlan Murdoch’s Updated Shareholdings

Story Highlights
  • News Corp filed a Form 4 with U.S. regulators detailing changes in director Lachlan Murdoch’s Class A shareholdings.
  • The insider ownership update, disclosed to the ASX, enhances transparency around control and governance for News Corp investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
News Corp Files Form 4 Detailing Lachlan Murdoch’s Updated Shareholdings

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News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) just unveiled an update.

News Corp has notified the Australian Securities Exchange that it has submitted a Form 4 beneficial ownership statement to the U.S. Securities and Exchange Commission, documenting changes in the shareholdings of director and major shareholder Lachlan K. Murdoch. The filing records Murdoch’s exercise and disposition of Class A common stock, providing updated transparency on insider ownership that is relevant to investors monitoring governance and control at the media group.

The most recent analyst rating on (AU:NWS) stock is a Buy with a A$44.00 price target. To see the full list of analyst forecasts on News Corporation Shs B Chess Depository Interests repr 1 Sh stock, see the AU:NWS Stock Forecast page.

More about News Corporation Shs B Chess Depository Interests repr 1 Sh

News Corp is a global, diversified media and information services company that creates and distributes authoritative and engaging content, as well as related products and services. Its portfolio spans information services and news, digital real estate services and book publishing, with primary operations in the United States, Australia and the United Kingdom and worldwide distribution.

Average Trading Volume: 260,810

Technical Sentiment Signal: Hold

Current Market Cap: A$20.64B

For a thorough assessment of NWS stock, go to TipRanks’ Stock Analysis page.

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