FOX (NASDAQ:FOX) CEO Sells $14,264,256.33 in Stock

Fox Corporation (NASDAQ:FOX) CEO Lachlan Murdoch sold 247,257 shares of FOX stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $57.69, for a total transaction of $14,264,256.33. Following the completion of the sale, the chief executive officer directly owned 175,524 shares of the company’s stock, valued at approximately $10,125,979.56. The trade was a 58.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

FOX Stock Down 0.9%

NASDAQ:FOX traded down $0.45 during trading hours on Friday, reaching $52.03. The company’s stock had a trading volume of 3,508,698 shares, compared to its average volume of 1,729,128. 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 company has a market cap of $22.13 billion, a price-to-earnings ratio of 12.51, a price-to-earnings-growth ratio of 7.26 and a beta of 0.59. Fox Corporation has a one year low of $43.18 and a one year high of $68.18. The business’s 50-day moving average is $58.85 and its 200-day moving average is $57.99.

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

FOX Announces Dividend

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

Hedge Funds Weigh In On FOX

Several large investors have recently bought and sold shares of the stock. AQR Capital Management LLC raised its position in shares of FOX by 65.6% during the first quarter. AQR Capital Management LLC now owns 26,715 shares of the company’s stock valued at $1,408,000 after buying an additional 10,579 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in FOX by 4.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,446 shares of the company’s stock worth $656,000 after buying an additional 586 shares in the last quarter. NewEdge Advisors LLC bought a new position in shares of FOX during the 1st quarter worth about $224,000. Woodline Partners LP boosted its position in shares of FOX by 40.7% during the 1st quarter. Woodline Partners LP now owns 11,145 shares of the company’s stock valued at $587,000 after acquiring an additional 3,222 shares in the last quarter. Finally, Jane Street Group LLC increased its stake in FOX by 427.0% in the first quarter. Jane Street Group LLC now owns 97,261 shares of the company’s stock valued at $5,127,000 after acquiring an additional 78,804 shares during the period. 26.41% of the stock is currently owned by institutional investors and hedge funds.

Key FOX News

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.)

Wall Street Analysts Forecast Growth

FOX has been the topic of a number of recent analyst reports. Zacks Research lowered shares of FOX from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th. Guggenheim reaffirmed a “buy” rating and set a $85.00 price objective on shares of FOX in a report on Monday, December 22nd. Bank of America reiterated an “underperform” rating and issued a $45.00 target price (down from $80.00) on shares of FOX in a research note on Wednesday, February 25th. Weiss Ratings reissued a “buy (b)” rating on shares of FOX in a research report on Monday, December 29th. Finally, Wells Fargo & Company cut shares of FOX from a “strong-buy” rating to a “hold” rating in a 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 issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $75.00.

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.