Rep. Gilbert Ray Cisneros, Jr. Buys News Corporation (NASDAQ:NWS) Stock

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of News Corporation (NASDAQ:NWS). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in News stock on April 14th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

News Price Performance

News stock traded down $0.77 during midday trading on Tuesday, reaching $30.40. 388,116 shares of the stock traded hands, compared to its average volume of 1,446,901. The stock has a market cap of $16.88 billion, a P/E ratio of 15.14 and a beta of 0.89. The stock’s fifty day moving average is $28.52 and its 200-day moving average is $28.98. The company has a quick ratio of 1.59, a current ratio of 1.70 and a debt-to-equity ratio of 0.21. News Corporation has a 12 month low of $25.49 and a 12 month high of $35.58.

News (NASDAQ:NWS) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.07. The business had revenue of $2.08 billion for the quarter, compared to analysts’ expectations of $2.12 billion. News had a return on equity of 6.12% and a net margin of 12.92%. As a group, equities research analysts anticipate that News Corporation will post 0.95 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Zacks Research downgraded shares of News from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Weiss Ratings cut shares of News from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 6th. Two analysts have rated the stock with a Hold rating, According to MarketBeat, News currently has an average rating of “Hold”.

Hedge Funds Weigh In On News

A number of large investors have recently made changes to their positions in NWS. NewEdge Advisors LLC bought a new stake in News in the second quarter worth about $30,000. Smartleaf Asset Management LLC increased its stake in News by 97.0% in the third quarter. Smartleaf Asset Management LLC now owns 1,178 shares of the company’s stock worth $41,000 after purchasing an additional 580 shares during the period. ExodusPoint Capital Management LP bought a new stake in shares of News during the fourth quarter worth $37,000. Arax Advisory Partners purchased a new stake in shares of News during the fourth quarter valued at $47,000. Finally, Resona Asset Management Co. Ltd. grew its holdings in shares of News by 69.0% in the fourth quarter. Resona Asset Management Co. Ltd. now owns 1,629 shares of the company’s stock worth $49,000 after purchasing an additional 665 shares during the last quarter. 14.63% of the stock is owned by hedge funds and other institutional investors.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About News

News Corporation (NASDAQ: NWS) is a global media and information services company engaged in news and digital real estate, book publishing and other media businesses. The company’s operations include print and digital newsbrands, business and financial information services, consumer platforms for property listings, and a major book publishing arm. Through its subsidiaries and brands, News Corp produces news content, market and financial reporting, online real-estate marketplaces and trade and consumer publishing products.

Key areas of activity include news and information, where the company publishes national and regional newspapers and operates business information services; book publishing through a well-known global publisher; and property-related digital businesses that operate online marketplaces for real estate listings.