KD Logo

The Potential Rise in the Price of Fox Corporation (FOX) following insiders activity

In a filing, Fox Corporation revealed its Chairman Emeritus MURDOCH KEITH RUPERT unloaded Company’s shares for reported $35.52 million on Nov 26 ’24. In the deal valued at $46.07 per share,771,024 shares were sold. As a result of this transaction, MURDOCH KEITH RUPERT now holds 0 shares worth roughly $0.0.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, MURDOCH KEITH RUPERT sold 186,871 shares, generating $8,637,178 in total proceeds. Upon selling the shares at $46.22, the Chairman Emeritus now owns 0 shares.

Before that, Keith Rupert Murdoch bought 771,024 shares. Fox Corporation shares valued at $35,528,786 were divested by the Chairman Emeritus at a price of $46.08 per share.

Price Performance Review of FOX

On Tuesday, Fox Corporation [NASDAQ:FOX] saw its stock jump 0.41% to $43.93. Over the last five days, the stock has lost -0.27%. Fox Corporation shares have risen nearly 58.88% since the year began. Nevertheless, the stocks have risen 56.84% over the past one year. While a 52-week high of $44.89 was reached on 11/29/24, a 52-week low of $25.82 was recorded on 03/06/24. SMA at 50 days reached $41.05, while 200 days put it at $34.43.

Levels Of Support And Resistance For FOX Stock

The 24-hour chart illustrates a support level at 43.59, which if violated will result in even more drops to 43.26. On the upside, there is a resistance level at 44.28. A further resistance level may holdings at 44.64. The Relative Strength Index (RSI) on the 14-day chart is 58.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 49.23%. Stochastics %K at 66.37% 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 2024-11-29, dropping by -0.27 million shares to a total of 3.03 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 3.3 million shares. There was a decline of -8.9%, which implies that there is a negative sentiment for the stock.

Most Popular