Trust tied to Charles F. Dolan liquidates full 55,385-share SPHR position for $1,871,748.70 on 2025-03-10.
The Charles F. Dolan 2009 Revocable Trust executed a complete exit of its Sphere Entertainment stake via two separate sales totaling 55,385 shares for $1,871,748.70 at a blended average price of $33.80. The trust held zero shares post-transaction, representing a -100.0% change in holdings. This full liquidation occurred while the stock was down 37.3% from its 52-week high of $50.89 and has declined 33.2% over the past 30 days. Notably, the company reported a net loss of $-105,283,000.00 in its latest quarter despite generating $227,913,000.00 in revenue, with the company unprofitable over its most recent full fiscal year, adding operational context to the complete exit decision.