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Lachlan Murdoch sold most of his Fox Corp shares in March 2026 despite strong earnings and a rising stock price.
On March 11–13, 2026, Lachlan Murdoch, CEO of Fox Corporation, sold a combined total of approximately 727,256 shares at average prices between $57.68 and $58.20, raising about $41.4 million and reducing his stake to 152 shares, according to SEC filings.
The sales occurred amid strong quarterly earnings, with Fox reporting $0.82 EPS and $5.18 billion in revenue, both exceeding expectations.
The stock closed at $57.39 on March 13, down $0.35, with elevated trading volume.
Fox Corp, with a market cap of $24.41 billion, maintains a "Hold" analyst rating and pays a $0.28 quarterly dividend.
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Lachlan Murdoch vendió la mayoría de sus acciones de Fox Corp en marzo de 2026 a pesar de las fuertes ganancias y un precio de las acciones en alza.