Investing in Fox Corporation (FOXA) Is Getting More Attractive

Fox Corporation’s recent filing unveils that its Chief Financial Officer Steven Tomsic acquired Company’s shares for reported $2.19 million on Jun 03 ’25. In the deal valued at $55.14 per share,39,642 shares were bought.

Then, MURDOCH KEITH RUPERT sold 58,000 shares, generating $3,083,860 in total proceeds. Upon selling the shares at $53.17, the Chairman Emeritus now owns 1,200,862 shares.

Before that, Keith Rupert Murdoch bought 58,000 shares. Fox Corporation shares valued at $3,095,460 were divested by the Chairman Emeritus at a price of $53.37 per share.

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 jump 0.24% to $55.27. Over the last five days, the stock has lost -0.95%. Fox Corporation shares have risen nearly 13.77% since the year began. Nevertheless, the stocks have risen 61.28% over the past one year. While a 52-week high of $58.74 was reached on 03/03/25, a 52-week low of $32.76 was recorded on 04/21/25. SMA at 50 days reached $52.19, while 200 days put it at $48.18.

Levels Of Support And Resistance For FOXA Stock

The 24-hour chart illustrates a support level at 54.77, which if violated will result in even more drops to 54.26. On the upside, there is a resistance level at 55.65. A further resistance level may holdings at 56.02. The Relative Strength Index (RSI) on the 14-day chart is 59.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.74%. Stochastics %K at 55.38% indicates the stock is a holding.

How much short interest is there in Fox Corporation?

A steep rise in short interest was recorded in Fox Corporation stocks on 2025-05-15, dropping by -0.24 million shares to a total of 16.14 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 16.38 million shares. There was a decline of -1.47%, 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.

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