John Nallen Sells 216,806 Shares of FOX (NASDAQ:FOX) Stock

Fox Corporation (NASDAQ:FOX) COO John Nallen sold 216,806 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $57.68, for a total transaction of $12,505,370.08. Following the sale, the chief operating officer owned 362,206 shares of the company’s stock, valued at approximately $20,892,042.08. The trade was a 37.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

John Nallen also recently made the following trade(s):

• On Wednesday, March 11th, John Nallen sold 242,309 shares of FOX stock. The shares were sold at an average price of $57.74, for a total value of $13,990,921.66.

FOX Price Performance

Shares of NASDAQ FOX opened at $52.03 on Friday. The stock has a fifty day simple moving average of $58.85 and a two-hundred day simple moving average of $58.02. Fox Corporation has a 1-year low of $43.18 and a 1-year high of $68.18. The firm 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. 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 (NASDAQ:FOX) last released 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 the consensus estimate of $5.06 billion. FOX had a return on equity of 18.14% and a net margin of 11.41%. Analysts anticipate that Fox Corporation will post 4.25 earnings per share for the current year.

FOX Announces Dividend

The company also recently disclosed 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 of this dividend is Wednesday, March 4th. FOX’s dividend payout ratio (DPR) is 13.46%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on FOX. Wells Fargo & Company lowered shares of FOX from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th. Weiss Ratings reissued a “buy (b)” rating on shares of FOX in a research report on Monday, December 29th. Guggenheim restated a “buy” rating and set a $85.00 price target on shares of FOX in a research note on Monday, December 22nd. Zacks Research downgraded shares of FOX from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 5th. Finally, Bank of America reiterated an “underperform” rating and issued a $45.00 price objective (down from $80.00) on shares of FOX in a research note on Wednesday, February 25th. Four 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’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $75.00.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Fuller & Thaler Asset Management Inc. grew its holdings in FOX by 7.8% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 27,835 shares of the company’s stock valued at $1,807,000 after buying an additional 2,010 shares in the last quarter. Advisory Services Network LLC lifted its holdings in shares of FOX by 964.5% in the fourth quarter. Advisory Services Network LLC now owns 4,471 shares of the company’s stock worth $290,000 after buying an additional 4,051 shares in the last quarter. California State Teachers Retirement System lifted its holdings in shares of FOX by 4.3% in the fourth quarter. California State Teachers Retirement System now owns 182,689 shares of the company’s stock worth $11,862,000 after buying an additional 7,515 shares in the last quarter. Arkadios Wealth Advisors bought a new position in shares of FOX in the fourth quarter valued at approximately $419,000. Finally, New York State Common Retirement Fund grew its stake in FOX by 2.5% during the fourth quarter. New York State Common Retirement Fund now owns 74,043 shares of the company’s stock valued at $4,808,000 after acquiring an additional 1,800 shares in the last quarter. Institutional investors own 26.41% of the company’s stock.

Key Stories Impacting FOX

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.)

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.