In a filing, Fox Corporation revealed its Chief Legal and Policy Officer Ciongoli Adam G. unloaded Company’s shares for reported $69178.0 on Feb 05 ’25. In the deal valued at $54.13 per share,1,278 shares were sold. As a result of this transaction, Ciongoli Adam G. now holds 0 shares worth roughly $ 0.0.
Then, Adam G. Ciongoli bought 1,278 shares, generating $66,392 in total proceeds.
Before that, MURDOCH KEITH RUPERT sold 771,024 shares. Fox Corporation shares valued at $35,521,076 were divested by the Chairman Emeritus at a price of $46.07 per share. As a result of the transaction, MURDOCH KEITH RUPERT now holds 0 shares, worth roughly $0.0.
MoffettNathanson downgraded its Fox Corporation [FOXA] rating to a Neutral from a a Buy in a research note published on January 21, 2025; the price target was increased to $52 from $51. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who decreased its forecast for the stock in early September from “a Buy” to “a Neutral”. Wells Fargo also remained covering FOXA and has increased its forecast on August 16, 2024 with a “an Overweight” recommendation from previously “an Underweight” rating. Goldman started covering the stock on June 25, 2024. It rated FOXA as “a Buy”.
Price Performance Review of FOXA
On Tuesday, Fox Corporation [NASDAQ:FOXA] saw its stock jump 1.19% to $56.29. Over the last five days, the stock has gained 5.71%. Fox Corporation shares have risen nearly 15.87% since the year began. Nevertheless, the stocks have risen 86.08% over the past one year. While a 52-week high of $55.86 was reached on 02/18/25, a 52-week low of $28.28 was recorded on 01/21/25. SMA at 50 days reached $49.83, while 200 days put it at $41.59.
Levels Of Support And Resistance For FOXA Stock
The 24-hour chart illustrates a support level at 55.56, which if violated will result in even more drops to 54.84. On the upside, there is a resistance level at 56.69. A further resistance level may holdings at 57.10. The Relative Strength Index (RSI) on the 14-day chart is 77.68, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.33, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.27%. Stochastics %K at 96.99% indicates the stock is a selling.
