In a filing, Fox Corporation revealed its Chairman Emeritus MURDOCH KEITH RUPERT unloaded Company’s shares for reported $3.08 million on Feb 21 ’25. In the deal valued at $53.17 per share,58,000 shares were sold. As a result of this transaction, MURDOCH KEITH RUPERT now holds 1,200,862 shares worth roughly $62.9 million.
Then, Keith Rupert Murdoch bought 58,000 shares, generating $3,095,460 in total proceeds.
Before that, Ciongoli Adam G. sold 1,278 shares. Fox Corporation shares valued at $69,178 were divested by the Chief Legal and Policy Officer at a price of $54.13 per share. As a result of the transaction, Ciongoli Adam G. 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 fall -0.15% to $52.38. Over the last five days, the stock has lost -0.64%. Fox Corporation shares have risen nearly 7.82% since the year began. Nevertheless, the stocks have risen 78.65% over the past one year. While a 52-week high of $58.74 was reached on 03/03/25, a 52-week low of $29.34 was recorded on 01/21/25. SMA at 50 days reached $52.70, while 200 days put it at $43.83.
Levels Of Support And Resistance For FOXA Stock
The 24-hour chart illustrates a support level at 51.97, which if violated will result in even more drops to 51.55. On the upside, there is a resistance level at 52.64. A further resistance level may holdings at 52.89. The Relative Strength Index (RSI) on the 14-day chart is 41.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.43%. Stochastics %K at 18.48% indicates the stock is a buying.
How much short interest is there in Fox Corporation?
A steep rise in short interest was recorded in Fox Corporation stocks on 2025-02-28, dropping by -7.39 million shares to a total of 16.97 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 24.36 million shares. There was a decline of -43.52%, which implies that there is a negative sentiment for the stock.
