Fox Corporation’s filing revealed that its Chief Operating Officer NALLEN JOHN unloaded Company’s shares for reported $7.98 million on Nov 05 ’24. In the deal valued at $43.73 per share,182,481 shares were sold. As a result of this transaction, NALLEN JOHN now holds 249,424 shares worth roughly $10.14 million.
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Then, Nallen John bought 182,481 shares, generating $7,846,683 in total proceeds.
Before that, NALLEN JOHN sold 52,874 shares. Fox Corporation shares valued at $2,059,971 were divested by the Chief Operating Officer at a price of $38.96 per share. As a result of the transaction, NALLEN JOHN now holds 249,424 shares, worth roughly $10.14 million.
Price Performance Review of FOX
On Tuesday, Fox Corporation [NASDAQ:FOX] saw its stock jump 1.75% to $40.66. Over the last five days, the stock has gained 4.87%. Fox Corporation shares have risen nearly 47.05% since the year began. Nevertheless, the stocks have risen 38.63% over the past one year. While a 52-week high of $42.13 was reached on 11/04/24, a 52-week low of $25.82 was recorded on 03/06/24. SMA at 50 days reached $38.24, while 200 days put it at $32.62.
Levels Of Support And Resistance For FOX Stock
The 24-hour chart illustrates a support level at 39.99, which if violated will result in even more drops to 39.31. On the upside, there is a resistance level at 41.06. A further resistance level may holdings at 41.45. The Relative Strength Index (RSI) on the 14-day chart is 75.75, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.89, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 37.03%. Stochastics %K at 57.08% indicates the stock is a holding.
How much short interest is there in Fox Corporation?
A steep rise in short interest was recorded in Fox Corporation stocks on 2024-10-15, dropping by -0.86 million shares to a total of 3.09 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 3.95 million shares. There was a decline of -27.79%, which implies that there is a negative sentiment for the stock.
