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Insider Selling Buzz: Fox Corporation [FOX] Chairman Emeritus MURDOCH KEITH RUPERT sold 194,691 shares of the company

Fox Corporation’s recently made public that its Chairman Emeritus MURDOCH KEITH RUPERT unloaded Company’s shares for reported $5.76 million on Nov 29 ’23. In the deal valued at $29.57 per share,194,691 shares were sold. As a result of this transaction, MURDOCH KEITH RUPERT now holds 0 shares worth roughly $0.0.

Then, MURDOCH KEITH RUPERT sold 100,000 shares, generating $3,190,000 in total proceeds. Upon selling the shares at $31.90, the Chair now owns 128,964 shares.

Before that, DINH VIET D sold 231,865 shares. Fox Corporation shares valued at $7,744,098 were divested by the Chief Legal and Policy Officer at a price of $33.40 per share. As a result of the transaction, DINH VIET D now holds 56,161 shares, worth roughly $1.61 million.

Price Performance Review of FOX

On Tuesday, Fox Corporation [NASDAQ:FOX] saw its stock fall -1.61% to $28.68. Over the last five days, the stock has lost -1.71%. Fox Corporation shares have risen nearly 3.73% since the year began. Nevertheless, the stocks have fallen -6.09% over the past one year. While a 52-week high of $33.24 was reached on 02/07/24, a 52-week low of $25.82 was recorded on 03/06/24. SMA at 50 days reached $27.80, while 200 days put it at $28.73. A total of 1.24 million shares were traded, compared to the trading of 0.85 million shares in the previous session.

Levels Of Support And Resistance For FOX Stock

The 24-hour chart illustrates a support level at 28.46, which if violated will result in even more drops to 28.24. On the upside, there is a resistance level at 28.95. A further resistance level may holdings at 29.22. The Relative Strength Index (RSI) on the 14-day chart is 53.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 39.54%. Stochastics %K at 71.92% indicates the stock is a holding.

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