Shares of Fox Corp ( FOXA ) are trading lower Tuesday morning following a pair of announcements related to a stock sale by members of the Murdoch family.

What To Know: Late Monday, Fox announced the pricing of a secondary offering of nearly 16.9 million shares of its Class B common stock at a price of $54.25 per share. The shares are being sold by trusts connected to Prudence MacLeod, Elisabeth Murdoch and James Murdoch. Fox Corporation ( FOXA ) itself is not selling any shares and will not receive any proceeds from the offering.

The sale is part of a broader settlement of a Murdoch Family Trust matter. Following the transactions, trusts for Lachlan Murdoch and his family will own all the remaining shares of FOX and News Corporation previously held by the family trust, solidifying his control. The trusts for his siblings will be funded with cash from the sale of the shares, effectively ending their ownership interest in the companies.

Benzinga Edge Rankings: According to Benzinga Edge rankings, a key strength for Fox is its exceptional Growth score of 96.07.

Price Action: According to data from Benzinga Pro, FOX shares are trading lower by 5.72% to $53.56 Tuesday morning. The stock has a 52-week high of $57.02 and a 52-week low of $35.89.

Read Also: Nokia Strengthens Defense Lineup With New Mission Safe Phone And 5G Tactical Radio

How To Buy FOX Stock

By now you're likely curious about how to participate in the market for Fox – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

Image: Shutterstock