Fox Corporation (NASDAQ:FOX) Sees Large Growth in Short Interest

Posted by on Mar 31st, 2026

Fox Corporation (NASDAQ:FOX – Get Free Report) was the target of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 11,150,065 shares, an increase of 20.2% from the February 26th total of 9,280,067 shares. Based on an average daily volume of 1,825,566 shares, the days-to-cover ratio is presently 6.1 days. Approximately 3.4% of the company’s shares are short sold.

Insider Activity at FOX

In other FOX news, CEO Lachlan K. Murdoch sold 637,752 shares of the firm’s stock in a transaction on Friday, March 13th. The stock was sold at an average price of $58.20, for a total transaction of $37,117,166.40. Following the transaction, the chief executive officer directly owned 152 shares in the company, valued at $8,846.40. This trade represents a 99.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, COO John Nallen sold 242,309 shares of the company’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $57.74, for a total value of $13,990,921.66. Following the completion of the sale, the chief operating officer owned 357,653 shares of the company’s stock, valued at $20,650,884.22. This represents a 40.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 1,586,871 shares of company stock worth $91,893,926. 23.06% of the stock is owned by insiders.

Institutional Investors Weigh In On FOX

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Root Financial Partners LLC acquired a new stake in FOX in the third quarter worth about $26,000. Quent Capital LLC purchased a new position in shares of FOX in the 3rd quarter valued at approximately $32,000. Brown Brothers Harriman & Co. raised its position in shares of 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 purchasing an additional 475 shares during the last quarter. First Horizon Corp acquired a new stake in FOX in the 3rd quarter worth approximately $74,000. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new stake in FOX during the 3rd quarter worth approximately $74,000. 26.41% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Get Our Latest Analysis on FOX

FOX Stock Down 1.3%

Shares of NASDAQ FOX traded down $0.68 during trading hours on Tuesday, hitting $53.10. 7,924,480 shares of the stock were exchanged, compared to its average volume of 1,868,502. FOX has a 12 month low of $43.18 and a 12 month high of $68.18. The firm has a fifty day moving average price of $55.75 and a 200-day moving average price of $57.89. The company has a quick ratio of 2.44, a current ratio of 2.78 and a debt-to-equity ratio of 0.60. The company has a market cap of $22.59 billion, a PE ratio of 12.76, a PEG ratio of 6.54 and a beta of 0.59.

FOX (NASDAQ:FOX – Get Free Report) last announced its earnings results on Wednesday, February 4th. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.31. FOX had a net margin of 11.41% and a return on equity of 18.14%. The company had revenue of $5.18 billion during the quarter, compared to the consensus estimate of $5.06 billion. On average, sell-side analysts expect that FOX will post 4.25 EPS for the current year.

FOX Announces Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 4th were given a $0.28 dividend. The ex-dividend date of this dividend was Wednesday, March 4th. FOX’s dividend payout ratio (DPR) is presently 13.46%.

Key Headlines Impacting FOX

Here are the key news stories impacting FOX this week:

About FOX

(Get Free Report)

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.

Further Reading

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