FOX (NASDAQ:FOX) COO John Nallen Sells 242,309 Shares

Fox Corporation (NASDAQ:FOX) COO John Nallen sold 242,309 shares of FOX stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $57.74, for a total transaction of $13,990,921.66. Following the completion of the sale, the chief operating officer directly owned 357,653 shares of the company’s stock, valued at approximately $20,650,884.22. This trade represents a 40.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

John Nallen also recently made the following trade(s):

• On Thursday, March 12th, John Nallen sold 216,806 shares of FOX stock. The shares were sold at an average price of $57.68, for a total value of $12,505,370.08.

FOX Stock Performance

Shares of NASDAQ FOX traded down $0.45 during midday trading on Friday, hitting $52.03. 3,508,698 shares of the stock traded hands, compared to its average volume of 1,729,128. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.44 and a current ratio of 2.78. Fox Corporation has a one year low of $43.18 and a one year high of $68.18. The firm has a market capitalization of $22.13 billion, a P/E ratio of 12.51, a PEG ratio of 7.26 and a beta of 0.59. The firm has a 50-day moving average of $58.85 and a two-hundred day moving average of $57.99.

FOX (NASDAQ:FOX) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.31. FOX had a return on equity of 18.14% and a net margin of 11.41%.The company had revenue of $5.18 billion during the quarter, compared to analysts’ expectations of $5.06 billion. On average, equities analysts forecast that Fox Corporation 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. Stockholders of record on Wednesday, March 4th will be given a dividend of $0.28 per share. The ex-dividend date of this dividend is Wednesday, March 4th. FOX’s dividend payout ratio is presently 13.46%.

Key Headlines Impacting FOX

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Major international crisis and strike coverage drives realtime audience demand — Fox is running extensive live coverage of U.S.-Iran/Israel developments and related strikes, a type of breaking-news cycle that typically lifts linear and digital viewership and short-term ad revenues. Live updates: US-Iran-Israel war
• Positive Sentiment: Domestic violent incidents and terror-related stories (synagogue shooting, other attacks) are generating heavy local and national coverage — again likely to boost audience engagement across Fox’s news platforms. Recent terror attacks rattle American communities
• Positive Sentiment: Sports and event programming continue to supply appointment viewing (WWE features, Kyler Murray signing, WBC coverage) — stable non-news content that supports diversified ad inventory and subscriber interest. Kyler Murray signs with Vikings
• Neutral Sentiment: High-profile event coverage (NASA’s Artemis II crewed launch target) can produce one-time spikes in audience but is episodic rather than recurring revenue. NASA targets April 1 launch for Artemis II
• Neutral Sentiment: Industry media miscues and rival coverage (e.g., deleted posts, reporting errors at other outlets) create short-term headlines in media circles but are unlikely to materially change Fox’s fundamentals. CNN reporter deletes post
• Neutral Sentiment: Human-interest and cultural pieces (e.g., WWE profile, athlete support stories) support audience breadth but are not major earnings drivers. WWE Bayley opens up
• Negative Sentiment: Political and government disruption — DHS closure/airport chaos and unpaid TSA officer stories — can suppress ad demand tied to travel-related categories and increase advertiser caution during uncertain periods. Airport security strain during shutdown grows
• Negative Sentiment: Ongoing geopolitical risk can depress broader market sentiment and make advertisers more cautious with upfront commitments — a headwind for ad-driven media stocks if sustained. Iran targets oil tankers, fuel storage facilities
• Negative Sentiment: Technical and valuation pressures: FOX is trading below its 50- and 200-day moving averages and volume is elevated vs. average — signals that can amplify short-term downside even if ratings rise. (Company fundamentals: market cap, P/E and recent earnings beat remain supportive.)

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Weiss Ratings restated a “buy (b)” rating on shares of FOX in a research report on Monday, December 29th. Zacks Research downgraded shares of FOX from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th. Guggenheim reiterated a “buy” rating and set a $85.00 price target on shares of FOX in a research note on Monday, December 22nd. Bank of America reissued an “underperform” rating and set a $45.00 price objective (down from $80.00) on shares of FOX in a research report on Wednesday, February 25th. Finally, Wells Fargo & Company lowered FOX from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 5th. Four investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, FOX has a consensus rating of “Hold” and a consensus target price of $75.00.

Institutional Inflows and Outflows

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

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.