The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Fox Corporation shares valued at $69,178 were sold by Ciongoli Adam G. on Feb 05 ’25. At $54.13 per share, Ciongoli Adam G. sold 1,278 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, Adam G. Ciongoli purchased 1,278 shares, netting a total of over 66,392 in proceeds.
Before that, MURDOCH KEITH RUPERT had sold 771,024 shares from its account. In a trade valued at $35,521,076, the Chairman Emeritus traded Fox Corporation shares for $46.07 each. Upon closing the transaction, the insider’s holdings decreased to 771,024 shares, worth approximately $0.0.
Analyzing FOX Stock Performance
During the last five days, there has been a surge of approximately 6.05%. Over the course of the year, Fox Corporation shares have jumped approximately 17.21%. Shares of the company reached a 52-week high of $53.95 on 02/19/25 and a 52-week low of $45.04 on 01/21/25. A 50-day SMA is recorded $47.38, while a 200-day SMA reached $38.99. Nevertheless, trading volume fell to 1.94 million shares from 1.65 million shares the previous day.
Support And Resistance Levels for Fox Corporation (FOX)
According to the 24-hour chart, there is a support level at 52.71, which, if violated, would cause prices to drop to 51.81. In the upper region, resistance lies at 54.23. The next price resistance is at 54.85. RSI (Relative Strength Index) is 80.30 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.00, which suggests the price will increase in the coming days. Percent R is at 5.40%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
