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 $56.98 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.
Wolfe Research downgraded its Fox Corporation [FOXA] rating to an Underperform from a a Peer perform in a research note published recently. A number of analysts have revised their coverage, including MoffettNathanson’s analysts, who decreased its forecast for the stock in late January from “a Buy” to “a Neutral”. Seaport Research Partners also remained covering FOXA and has decreased its forecast on September 09, 2024 with a “Neutral” recommendation from previously “Buy” rating. Wells Fargo revised its rating on August 16, 2024. It rated FOXA as “an Overweight” which previously was an “an Underweight”.
Price Performance Review of FOXA
On Tuesday, Fox Corporation [NASDAQ:FOXA] saw its stock fall -2.27% to $47.45. Over the last five days, the stock has lost -14.99%. Fox Corporation shares have fallen nearly -2.33% since the year began. Nevertheless, the stocks have risen 52.97% over the past one year. While a 52-week high of $58.74 was reached on 03/03/25, a 52-week low of $30.02 was recorded on 04/07/25. SMA at 50 days reached $54.08, while 200 days put it at $45.28.
Levels Of Support And Resistance For FOXA Stock
The 24-hour chart illustrates a support level at 46.21, which if violated will result in even more drops to 44.97. On the upside, there is a resistance level at 49.53. A further resistance level may holdings at 51.61. The Relative Strength Index (RSI) on the 14-day chart is 30.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.77, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.98%. Stochastics %K at 8.41% 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 2025-03-14, dropping by -3.64 million shares to a total of 17.83 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 21.46 million shares. There was a decline of -20.41%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on June 25, 2024 when Goldman began covering the stock and recommended ‘”a Buy”‘ rating along with a $42 price target.
