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 4.80% to $51.55. Over the last five days, the stock has gained 8.34%. Fox Corporation shares have risen nearly 12.70% since the year began. Nevertheless, the stocks have risen 71.15% over the past one year. While a 52-week high of $49.32 was reached on 02/04/25, a 52-week low of $25.82 was recorded on 01/21/25. SMA at 50 days reached $45.90, while 200 days put it at $37.86.
Levels Of Support And Resistance For FOX Stock
The 24-hour chart illustrates a support level at 50.38, which if violated will result in even more drops to 49.21. On the upside, there is a resistance level at 52.63. A further resistance level may holdings at 53.71. The Relative Strength Index (RSI) on the 14-day chart is 82.26, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.45, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.20%. Stochastics %K at 89.18% indicates the stock is a selling.
How much short interest is there in Fox Corporation?
A steep rise in short interest was recorded in Fox Corporation stocks on 2025-01-15, growing by 0.35 million shares to a total of 3.42 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 3.08 million shares. There was a rise of 10.18%, which implies that there is a positive sentiment for the stock.
