FOX (NASDAQ:FOXA) Stock Purchase Disclosed by Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Fox Corporation (NASDAQ:FOXA). In a filing disclosed on November 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in FOX stock on October 20th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 11/2/2026.
• Purchased $1,001 – $15,000 in shares of argenex (NASDAQ:ARGX) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Illumina (NASDAQ:ILMN) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 10/27/2026.
• Sold $15,001 – $50,000 in shares of PTC (NASDAQ:PTC) on 10/27/2026.
• Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 10/27/2026.
• Purchased $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Micron Solutions (OTCMKTS:MICR) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/21/2026.
• Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 10/21/2026.

FOX Stock Performance

NASDAQ:FOXA traded down $2.27 during mid-day trading on Thursday, reaching $65.71. 5,793,528 shares of the company’s stock were exchanged, compared to its average volume of 9,401,828. Fox Corporation has a one year low of $48.34 and a one year high of $76.39. The company has a debt-to-equity ratio of 0.53, a quick ratio of 3.50 and a current ratio of 3.79. The business’s fifty day simple moving average is $64.86 and its two-hundred day simple moving average is $62.06. The firm has a market capitalization of $27.72 billion, a PE ratio of 10.51, a price-to-earnings-growth ratio of 1.12 and a beta of 0.63.

FOX (NASDAQ:FOXA) last announced its earnings results on Monday, November 2nd. The company reported $2.54 EPS for the quarter, topping the consensus estimate of $2.02 by $0.52. The company had revenue of $4.57 billion for the quarter, compared to analysts’ expectations of $4.32 billion. FOX had a net margin of 11.30% and a return on equity of 23.96%. The business’s revenue for the quarter was up 22.3% on a year-over-year basis. During the same period last year, the firm earned $1.51 earnings per share. Analysts anticipate that Fox Corporation will post 6.02 earnings per share for the current fiscal year.

Hedge Funds Weigh In On FOX

A number of hedge funds have recently modified their holdings of FOXA. Counterpoint Mutual Funds LLC bought a new stake in shares of FOX in the 3rd quarter valued at about $10,258,000. National Pension Service raised its stake in FOX by 50.6% during the second quarter. National Pension Service now owns 71,860 shares of the company’s stock worth $3,748,000 after buying an additional 24,154 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt boosted its position in FOX by 9.9% during the first quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 287,000 shares of the company’s stock valued at $16,755,000 after acquiring an additional 25,900 shares during the last quarter. Engineers Gate Manager LP acquired a new position in shares of FOX in the 2nd quarter valued at about $1,558,000. Finally, Allianz Asset Management GmbH grew its stake in FOX by 2.6% during the second quarter. Allianz Asset Management GmbH now owns 966,811 shares of the company’s stock worth $50,429,000 after purchasing an additional 24,511 shares during the period. Institutional investors and hedge funds own 52.52% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. JPMorgan Chase & Co. upped their target price on FOX from $82.00 to $83.00 and gave the company an “overweight” rating in a research report on Tuesday, November 3rd. Citigroup initiated coverage on FOX in a research note on Monday, September 14th. They issued an “outperform” rating for the company. Bank of America upgraded FOX from an “underperform” rating to a “buy” rating and upped their target price for the stock from $54.00 to $85.00 in a research note on Friday, October 16th. Fox Advisors set a $85.00 price objective on FOX in a research note on Friday, October 16th. Finally, Sanford C. Bernstein raised their price target on shares of FOX from $73.00 to $74.00 and gave the company a “market perform” rating in a research note on Tuesday, November 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, FOX has an average rating of “Moderate Buy” and a consensus price target of $79.16.

Insider Activity at FOX

In related news, CEO Lachlan Murdoch acquired 149,934 shares of FOX stock in a transaction dated Tuesday, September 15th. The stock was bought at an average price of $68.53 per share, with a total value of $10,274,977.02. Following the transaction, the chief executive officer directly owned 1,401,713 shares in the company, valued at $96,059,391.89. This represents a 11.98% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. 20.89% of the stock is currently owned by company insiders.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

FOX Company Profile

Fox Corporation is a media company focused primarily on news, sports and entertainment for audiences in the United States. Its businesses include Fox News Media, Fox Sports and Fox Entertainment, which produce and distribute television programming, news coverage, live sports and entertainment content. The company also operates the Fox broadcast network and local television stations, and offers streaming services including Tubi, an ad-supported streaming platform, and Fox Nation, a subscription service.