Fox Corporation (NASDAQ:FOX) Sees Significant Decrease in Short Interest

Fox Corporation (NASDAQ:FOX) saw a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 11,450,919 shares, a decrease of 45.2% from the January 29th total of 20,904,590 shares. Based on an average trading volume of 2,071,371 shares, the short-interest ratio is presently 5.5 days. Approximately 3.5% of the shares of the company are short sold. Approximately 3.5% of the shares of the company are short sold. Based on an average trading volume of 2,071,371 shares, the short-interest ratio is presently 5.5 days.

Trending Headlines about FOX

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Recent quarterly results showed an EPS beat and revenue beat, supporting the company’s cash flow and valuation (supports ad and affiliate revenue expectations).
• Positive Sentiment: Extensive coverage of high-profile developments (Bill Clinton/ Epstein deposition) could drive Fox News viewership and ad demand. Bill Clinton deposition coverage
• Positive Sentiment: Heightened geopolitical coverage (US positioning F‑22s, Iran tensions) typically lifts ratings for cable news networks during periods of elevated global risk. US positions F-22s in Israel
• Neutral Sentiment: Short-interest data posted for February appears to be erroneous (reports show 0 shares and NaN change) — this looks like a data glitch and provides no clear signal about bearish positioning.
• Neutral Sentiment: Separate media items reference other companies (e.g., “Fox Tungsten” / Happy Creek item) that are unrelated to Fox Corporation and should be disregarded for FOX stock analysis. Fox Tungsten PDAC item (unrelated)
• Negative Sentiment: Technical/headline pressure: FOX is trading below its 50‑day (~$61.50) and 200‑day (~$58.02) moving averages, which can trigger selling by technical traders.
• Negative Sentiment: Elevated trading volume versus average (intraday volume above its 30‑day average) indicates stronger participation in the move lower — could reflect profit-taking or fund rebalancing rather than a fundamental change.

Wall Street Analyst Weigh In

FOX has been the topic of several recent analyst reports. Bank of America restated an “underperform” rating and issued a $45.00 target price (down from $80.00) on shares of FOX in a research note on Wednesday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of FOX in a report on Monday, December 29th. Wells Fargo & Company lowered FOX from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 5th. Cfra restated a “buy” rating and set a $73.00 target price on shares of FOX in a report on Monday, November 3rd. Finally, Guggenheim reaffirmed a “buy” rating and issued a $85.00 price target on shares of FOX in a report on Monday, December 22nd. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $75.00.

Insider Activity

In other FOX news, insider Adam G. Ciongoli sold 29,897 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $69.55, for a total value of $2,079,336.35. Following the sale, the insider owned 35,978 shares of the company’s stock, valued at $2,502,269.90. This trade represents a 45.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 23.06% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC raised its stake in FOX by 8.4% during the third quarter. EverSource Wealth Advisors LLC now owns 2,493 shares of the company’s stock worth $143,000 after buying an additional 193 shares during the last quarter. Yousif Capital Management LLC raised its position in shares of FOX by 1.5% in the 4th quarter. Yousif Capital Management LLC now owns 16,997 shares of the company’s stock worth $1,107,000 after acquiring an additional 259 shares in the last quarter. Baird Financial Group Inc. raised its position in shares of FOX by 1.1% in the 2nd quarter. Baird Financial Group Inc. now owns 31,707 shares of the company’s stock worth $1,637,000 after acquiring an additional 343 shares in the last quarter. Root Financial Partners LLC acquired a new position in shares of FOX in the 3rd quarter valued at about $26,000. Finally, Hartford Investment Management Co. boosted its position in shares of FOX by 6.3% during the 3rd quarter. Hartford Investment Management Co. now owns 7,616 shares of the company’s stock valued at $436,000 after purchasing an additional 451 shares in the last quarter. Institutional investors and hedge funds own 26.41% of the company’s stock.

FOX Trading Down 0.6%

FOX traded down $0.30 during trading on Friday, reaching $51.73. 2,265,250 shares of the company’s stock were exchanged, compared to its average volume of 1,882,430. The company has a current ratio of 2.78, a quick ratio of 2.44 and a debt-to-equity ratio of 0.60. FOX has a one year low of $43.18 and a one year high of $68.18. The firm has a fifty day moving average price of $61.27 and a two-hundred day moving average price of $58.08. The stock has a market capitalization of $22.01 billion, a PE ratio of 12.44, a price-to-earnings-growth ratio of 7.15 and a beta of 0.56.

FOX (NASDAQ:FOX) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.31. The company had revenue of $5.18 billion for the quarter, compared to analysts’ expectations of $5.06 billion. FOX had a net margin of 11.41% and a return on equity of 18.14%. As a group, equities research analysts forecast that FOX will post 4.25 earnings per share for the current fiscal year.

FOX Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 4th will be given a dividend of $0.28 per share. The ex-dividend date is Wednesday, March 4th. FOX’s dividend payout ratio (DPR) is 13.46%.

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.