Fox Corporation (NASDAQ:FOX) Short Interest Up 35.3% in January

Fox Corporation (NASDAQ:FOX) saw a significant increase in short interest in January. As of January 30th, there was short interest totaling 20,904,590 shares, an increase of 35.3% from the January 15th total of 15,448,348 shares. Currently, 6.1% of the company’s stock are short sold. Based on an average daily volume of 1,364,283 shares, the short-interest ratio is presently 15.3 days. Based on an average daily volume of 1,364,283 shares, the short-interest ratio is presently 15.3 days. Currently, 6.1% of the company’s stock are short sold.

Insider Transactions at FOX

In related news, insider Adam G. Ciongoli sold 29,897 shares of the stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $69.55, for a total transaction of $2,079,336.35. Following the completion of the transaction, the insider directly owned 35,978 shares in the company, valued at approximately $2,502,269.90. This trade represents a 45.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Keith Rupert Murdoch sold 100,000 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $59.26, for a total value of $5,926,000.00. Following the transaction, the chairman directly owned 1,100,862 shares of the company’s stock, valued at approximately $65,237,082.12. This trade represents a 8.33% decrease in their position. The SEC filing for this sale provides additional information. 23.06% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in FOX. Root Financial Partners LLC acquired a new stake in shares of FOX in the third quarter valued at approximately $26,000. Quent Capital LLC bought a new position in FOX during the 3rd quarter worth $32,000. Brown Brothers Harriman & Co. raised its holdings in FOX by 336.9% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 616 shares of the company’s stock valued at $35,000 after acquiring an additional 475 shares in the last quarter. First Horizon Corp bought a new stake in shares of FOX during the 3rd quarter valued at $74,000. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of FOX during the 3rd quarter valued at $74,000. Institutional investors and hedge funds own 26.41% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on FOX. Weiss Ratings reissued a “buy (b)” rating on shares of FOX in a report on Monday, December 29th. Wells Fargo & Company downgraded shares of FOX from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th. UBS Group restated a “buy” rating on shares of FOX in a research note on Friday, October 31st. Cfra reiterated a “buy” rating and issued a $73.00 target price on shares of FOX in a research note on Monday, November 3rd. Finally, Fox Advisors set a $97.00 price target on FOX in a report on Tuesday, October 28th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $82.50.

FOX Stock Performance

Shares of NASDAQ:FOX traded up $0.17 during trading on Friday, reaching $51.56. 2,001,268 shares of the stock were exchanged, compared to its average volume of 1,637,862. FOX has a 12 month low of $43.18 and a 12 month high of $68.18. The stock has a 50-day moving average price of $63.56 and a 200-day moving average price of $58.00. The company has a current ratio of 2.78, a quick ratio of 2.44 and a debt-to-equity ratio of 0.60. The firm has a market cap of $22.89 billion, a PE ratio of 12.39, a PEG ratio of 7.00 and a beta of 0.56.

FOX (NASDAQ:FOX) last released its quarterly earnings results on Wednesday, February 4th. The company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.31. FOX had a return on equity of 18.14% and a net margin of 11.41%.The business had revenue of $5.18 billion during the quarter, compared to analysts’ expectations of $5.06 billion. Research analysts expect that FOX will post 4.25 EPS for the current fiscal year.

FOX Announces Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, March 25th. Investors of record on Wednesday, March 4th will be paid a $0.28 dividend. The ex-dividend date is Wednesday, March 4th. FOX’s dividend payout ratio is 13.46%.

FOX News Summary

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Multiple Fox pieces providing new developments in the Nancy Guthrie disappearance — FBI details, doubled reward and investigatory leads — are likely boosting pageviews and video streams on Fox properties. FBI shares new details on masked Guthrie suspect, doubles reward for information
• Positive Sentiment: Investigative reporting citing Walmart sales records as critical evidence gives Fox a high-interest, local-to-national investigative narrative that can prolong audience attention. Walmart sales records become critical evidence as FBI investigates Nancy Guthrie’s disappearance
• Positive Sentiment: Video content and live reporting — drone footage at the property, Trump commenting on the case, and other short-form clips — increase time-on-site and ad inventory value for Fox’s digital/video platforms. Fox Flight team drone captures new activity at Nancy Guthrie’s property
• Neutral Sentiment: Broader political and national-security content (redistricting battlegrounds, troop movements, and Gen. Keane’s commentary) supports steady audience interest but is less directly tied to a single spike in engagement. This crucial state is the latest battleground in redistricting war between Trump and Democrats
• Neutral Sentiment: Feature and lifestyle stories (brain-training research, Hollywood stars avoiding political commentary, health warnings) diversify content mix but are unlikely to move the stock materially on their own. Brain training sessions found to reduce dementia risk in decades-long study
• Negative Sentiment: Reports of a “significant increase” in short interest surfaced in the feed — if real, rising short interest is a bearish signal; however the published figures appear inconsistent, which raises uncertainty. Investors should treat these short-interest notes cautiously and watch for confirmed data from exchanges.

FOX Company Profile

Fox Corporation (NASDAQ:FOX) is a U.S.-based media company that operates television broadcast, news and sports businesses. The company traces its contemporary structure to the 2019 reorganization that followed the sale of certain entertainment assets to The Walt Disney Company; Fox Corporation retained a portfolio centered on the Fox Broadcasting Company, Fox Television Stations, Fox News Media and Fox Sports. Over time the company has expanded its digital footprint through acquisitions and direct-to-consumer services, building a mix of linear and streaming distribution.

FOX’s core activities include the creation, aggregation and distribution of television programming and live sports, the operation of national cable news and business networks, and the ownership and operation of local broadcast stations.