Fox Corporation (NASDAQ:FOX) Short Interest Up 35.3% in January

Fox Corporation (NASDAQ:FOX) was the target of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 20,904,590 shares, a growth of 35.3% from the January 15th total of 15,448,348 shares. Based on an average daily volume of 1,364,283 shares, the days-to-cover ratio is presently 15.3 days. Approximately 6.1% of the shares of the stock are sold short. Approximately 6.1% of the shares of the stock are sold short. Based on an average daily volume of 1,364,283 shares, the days-to-cover ratio is presently 15.3 days.

Insider Transactions at FOX

In other news, Chairman Keith Rupert Murdoch sold 100,000 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $59.26, for a total value of $5,926,000.00. Following the completion of the transaction, the chairman directly owned 1,100,862 shares in the company, valued at approximately $65,237,082.12. The trade was a 8.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Adam G. Ciongoli sold 29,897 shares of the stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $69.55, for a total transaction of $2,079,336.35. Following the sale, the insider owned 35,978 shares in the company, valued at $2,502,269.90. This represents a 45.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 23.06% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Marshall Wace LLP lifted its holdings in FOX by 792.4% during the 3rd quarter. Marshall Wace LLP now owns 3,184,642 shares of the company’s stock worth $182,448,000 after buying an additional 2,827,768 shares during the period. SG Americas Securities LLC lifted its stake in shares of FOX by 2,459.6% in the fourth quarter. SG Americas Securities LLC now owns 413,037 shares of the company’s stock worth $26,818,000 after acquiring an additional 396,900 shares during the period. Pinebridge Investments LLC bought a new stake in FOX in the fourth quarter valued at approximately $13,758,000. Gabelli Funds LLC increased its position in FOX by 26.4% during the 3rd quarter. Gabelli Funds LLC now owns 538,400 shares of the company’s stock valued at $30,845,000 after purchasing an additional 112,600 shares during the period. Finally, Andra AP fonden raised its holdings in FOX by 8.0% during the 2nd quarter. Andra AP fonden now owns 1,081,700 shares of the company’s stock worth $55,848,000 after purchasing an additional 80,400 shares during the last quarter. 26.41% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently commented on FOX shares. Guggenheim reissued a “buy” rating and set a $85.00 price target on shares of FOX in a report on Monday, December 22nd. Fox Advisors set a $97.00 target price on FOX in a research report on Tuesday, October 28th. Weiss Ratings reissued a “buy (b)” rating on shares of FOX in a report on Monday, December 29th. Cfra reaffirmed a “buy” rating and set a $73.00 price target on shares of FOX in a report on Monday, November 3rd. Finally, Wells Fargo & Company cut shares of FOX from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, FOX currently has a consensus rating of “Moderate Buy” and a consensus target price of $82.50.

FOX Trading Up 0.3%

Shares of FOX stock traded up $0.17 during mid-day trading on Friday, reaching $51.56. 2,001,268 shares of the stock traded hands, compared to its average volume of 1,637,862. The company has a market cap of $22.89 billion, a price-to-earnings ratio of 12.39, a price-to-earnings-growth ratio of 7.00 and a beta of 0.56. The company has a quick ratio of 2.44, a current ratio of 2.78 and a debt-to-equity ratio of 0.60. The stock’s fifty day simple moving average is $63.56 and its two-hundred day simple moving average is $58.00. FOX has a 1-year low of $43.18 and a 1-year high of $68.18.

FOX (NASDAQ:FOX) last released its quarterly earnings data on Wednesday, February 4th. The company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.31. FOX had a return on equity of 18.14% and a net margin of 11.41%.The company had revenue of $5.18 billion during the quarter, compared to the consensus estimate of $5.06 billion. On average, research analysts anticipate that FOX will post 4.25 EPS for the current fiscal year.

FOX Dividend Announcement

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

FOX News Roundup

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Multiple Fox pieces providing new developments in the Nancy Guthrie disappearance — FBI details, doubled reward and investigatory leads — are likely boosting pageviews and video streams on Fox properties. FBI shares new details on masked Guthrie suspect, doubles reward for information
• Positive Sentiment: Investigative reporting citing Walmart sales records as critical evidence gives Fox a high-interest, local-to-national investigative narrative that can prolong audience attention. Walmart sales records become critical evidence as FBI investigates Nancy Guthrie’s disappearance
• Positive Sentiment: Video content and live reporting — drone footage at the property, Trump commenting on the case, and other short-form clips — increase time-on-site and ad inventory value for Fox’s digital/video platforms. Fox Flight team drone captures new activity at Nancy Guthrie’s property
• Neutral Sentiment: Broader political and national-security content (redistricting battlegrounds, troop movements, and Gen. Keane’s commentary) supports steady audience interest but is less directly tied to a single spike in engagement. This crucial state is the latest battleground in redistricting war between Trump and Democrats
• Neutral Sentiment: Feature and lifestyle stories (brain-training research, Hollywood stars avoiding political commentary, health warnings) diversify content mix but are unlikely to move the stock materially on their own. Brain training sessions found to reduce dementia risk in decades-long study
• Negative Sentiment: Reports of a “significant increase” in short interest surfaced in the feed — if real, rising short interest is a bearish signal; however the published figures appear inconsistent, which raises uncertainty. Investors should treat these short-interest notes cautiously and watch for confirmed data from exchanges.

About FOX

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.