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.
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 1.31% to $46.54. Over the last five days, the stock has lost -1.13%. Fox Corporation shares have risen nearly 1.75% since the year began. Nevertheless, the stocks have risen 62.61% over the past one year. While a 52-week high of $47.80 was reached on 01/06/25, a 52-week low of $25.82 was recorded on 01/10/25. SMA at 50 days reached $44.38, while 200 days put it at $36.53.
Levels Of Support And Resistance For FOX Stock
The 24-hour chart illustrates a support level at 46.09, which if violated will result in even more drops to 45.64. On the upside, there is a resistance level at 46.96. A further resistance level may holdings at 47.37. The Relative Strength Index (RSI) on the 14-day chart is 58.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.85%. Stochastics %K at 35.52% 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 2024-12-31, dropping by -0.13 million shares to a total of 2.9 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 3.03 million shares. There was a decline of -4.57%, which implies that there is a negative sentiment for the stock.
