Insider Selling: FOX (NASDAQ:FOX) CEO Sells $14,016,211.78 in Stock

Fox Corporation (NASDAQ:FOX) CEO Lachlan Murdoch sold 242,747 shares of the company’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $57.74, for a total value of $14,016,211.78. Following the sale, the chief executive officer owned 175,524 shares of the company’s stock, valued at $10,134,755.76. This represents a 58.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

FOX Stock Performance

FOX stock opened at $52.03 on Monday. The company has a market cap of $22.13 billion, a price-to-earnings ratio of 12.51, a price-to-earnings-growth ratio of 7.20 and a beta of 0.59. Fox Corporation has a 12 month low of $43.18 and a 12 month high of $68.18. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.78 and a quick ratio of 2.44. The stock’s 50-day moving average is $58.85 and its 200-day moving average is $58.04.

FOX (NASDAQ:FOX) last issued its earnings results on Wednesday, February 4th. The company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.31. The business had revenue of $5.18 billion during the quarter, compared to analysts’ expectations of $5.06 billion. FOX had a return on equity of 18.14% and a net margin of 11.41%. Equities analysts anticipate that Fox Corporation will post 4.25 earnings per share for the current year.

FOX Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 4th will be paid a dividend of $0.28 per share. The ex-dividend date is Wednesday, March 4th. FOX’s payout ratio is currently 13.46%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Weiss Ratings restated a “buy (b)” rating on shares of FOX in a report on Monday, December 29th. Bank of America reiterated an “underperform” rating and issued a $45.00 price target (down from $80.00) on shares of FOX in a report on Wednesday, February 25th. Guggenheim reissued a “buy” rating and issued a $85.00 price objective on shares of FOX in a research report on Monday, December 22nd. Wells Fargo & Company cut FOX from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 5th. Finally, Zacks Research downgraded FOX from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $75.00.

FOX News Roundup

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Major international crisis and strike coverage drives realtime audience demand — Fox is running extensive live coverage of U.S.-Iran/Israel developments and related strikes, a type of breaking-news cycle that typically lifts linear and digital viewership and short-term ad revenues. Live updates: US-Iran-Israel war
• Positive Sentiment: Domestic violent incidents and terror-related stories (synagogue shooting, other attacks) are generating heavy local and national coverage — again likely to boost audience engagement across Fox’s news platforms. Recent terror attacks rattle American communities
• Positive Sentiment: Sports and event programming continue to supply appointment viewing (WWE features, Kyler Murray signing, WBC coverage) — stable non-news content that supports diversified ad inventory and subscriber interest. Kyler Murray signs with Vikings
• Neutral Sentiment: High-profile event coverage (NASA’s Artemis II crewed launch target) can produce one-time spikes in audience but is episodic rather than recurring revenue. NASA targets April 1 launch for Artemis II
• Neutral Sentiment: Industry media miscues and rival coverage (e.g., deleted posts, reporting errors at other outlets) create short-term headlines in media circles but are unlikely to materially change Fox’s fundamentals. CNN reporter deletes post
• Neutral Sentiment: Human-interest and cultural pieces (e.g., WWE profile, athlete support stories) support audience breadth but are not major earnings drivers. WWE Bayley opens up
• Negative Sentiment: Political and government disruption — DHS closure/airport chaos and unpaid TSA officer stories — can suppress ad demand tied to travel-related categories and increase advertiser caution during uncertain periods. Airport security strain during shutdown grows
• Negative Sentiment: Ongoing geopolitical risk can depress broader market sentiment and make advertisers more cautious with upfront commitments — a headwind for ad-driven media stocks if sustained. Iran targets oil tankers, fuel storage facilities
• Negative Sentiment: Technical and valuation pressures: FOX is trading below its 50- and 200-day moving averages and volume is elevated vs. average — signals that can amplify short-term downside even if ratings rise. (Company fundamentals: market cap, P/E and recent earnings beat remain supportive.)

Hedge Funds Weigh In On FOX

Institutional investors and hedge funds have recently made changes to their positions in the business. Root Financial Partners LLC acquired a new stake in shares of FOX during the third quarter worth approximately $26,000. Quent Capital LLC bought a new stake in shares of FOX in the third quarter worth $32,000. Brown Brothers Harriman & Co. raised its holdings in FOX by 336.9% in the third quarter. Brown Brothers Harriman & Co. now owns 616 shares of the company’s stock valued at $35,000 after acquiring an additional 475 shares in the last quarter. First Horizon Corp bought a new position in FOX during the 3rd quarter valued at $74,000. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new position in FOX during the 3rd quarter valued at $74,000. 26.41% of the stock is currently owned by hedge funds and other institutional investors.

FOX Company Profile

Fox Corporation (NASDAQ:FOX) is a U.S.-based media company that operates television broadcast, news and sports businesses. The company traces its contemporary structure to the 2019 reorganization that followed the sale of certain entertainment assets to The Walt Disney Company; Fox Corporation retained a portfolio centered on the Fox Broadcasting Company, Fox Television Stations, Fox News Media and Fox Sports. Over time the company has expanded its digital footprint through acquisitions and direct-to-consumer services, building a mix of linear and streaming distribution.

FOX’s core activities include the creation, aggregation and distribution of television programming and live sports, the operation of national cable news and business networks, and the ownership and operation of local broadcast stations.