Rupert Murdoch sells Fox shares worth $11.13 million

Published 07/11/2025, 23:46
Rupert Murdoch sells Fox shares worth $11.13 million

Fox Corp (NASDAQ:FOX) Chairman Emeritus Keith Rupert Murdoch sold 168,756 shares of Class A Common Stock on November 7, 2025, for approximately $11.13 million. The shares were sold at prices ranging from $65.50 to $66.48. The sale occurred with Fox trading near its 52-week high of $59.99, following a strong 26% price increase over the past six months.

On the same day, Murdoch also exercised options to purchase 168,756 shares of Class A Common Stock at a price of $33.50, amounting to a total value of $5.65 million. These options, which vested on August 8, 2025, were set to expire on November 17, 2026. Following the sale, Murdoch directly holds no shares.

Additionally, the report indicates that Murdoch indirectly owns 60,132 shares of Fox Corp through the K. Rupert Murdoch 2004 Revocable Trust.Fox Corp, with a market capitalization of $29.25 billion, currently trades at a P/E ratio of 14.87 and offers a dividend yield of 0.94%. InvestingPro analysis shows the company has achieved a perfect Piotroski Score of 9, indicating exceptional financial strength. Investors seeking deeper insights can access Fox’s comprehensive Pro Research Report, one of 1,400+ detailed analyses available exclusively through InvestingPro.

In other recent news, Fox Corporation has made headlines with several significant developments. Trusts established for the benefit of Prudence MacLeod, Elisabeth Murdoch, and James Murdoch announced their intention to sell approximately 16.9 million shares of Fox Corporation’s Class B common stock through an underwritten public offering. The selling stockholders will receive all proceeds, and Fox Corporation will not be involved in selling shares or receiving proceeds. Additionally, the Murdoch family has resolved legal proceedings related to the Murdoch Family Trust, ending all litigation in Nevada. As part of this settlement, Prudence MacLeod, Elisabeth Murdoch, and James Murdoch will no longer be beneficiaries in any trust holding shares in Fox or News Corporation. New trusts will be established for Lachlan Murdoch, Grace Murdoch, and Chloe Murdoch. In another development, Fox Corporation’s Tubi Media Group has entered into a multi-year partnership with Audiochuck, granting Tubi exclusive distribution and advertising sales rights for Audiochuck’s top-rated podcasts. This agreement includes plans to develop a Crime Junkie FAST Channel for distribution across FOX’s streaming platforms and third-party platforms.

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