Fox Corporation (NASDAQ:FOX) Short Interest Update

Fox Corporation (NASDAQ:FOX) was the target of a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 9,280,067 shares, a drop of 19.0% from the February 12th total of 11,450,919 shares. Based on an average daily volume of 1,780,890 shares, the days-to-cover ratio is presently 5.2 days. Currently, 2.8% of the company’s stock are short sold. Currently, 2.8% of the company’s stock are short sold. Based on an average daily volume of 1,780,890 shares, the days-to-cover ratio is presently 5.2 days.

Key FOX News

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Escalating Mideast military action and U.S. strikes increase national news demand — likely to drive higher ratings and ad inventory value for Fox News and local news. WATCH: US strikes Iranian combat power
• Positive Sentiment: President and officials pressing allies to secure the Strait of Hormuz keeps the story in headlines (maritime security, oil supply) — sustained attention supports prolonged audience engagement. Trump seeks warships from other countries to help secure Strait of Hormuz
• Positive Sentiment: Ongoing live coverage/rolling updates on the U.S.–Iran–Israel developments create appointment‑to‑view news consumption, which can lift linear ratings and digital engagement across Fox platforms. US-Iran-Israel war latest (live updates)
• Positive Sentiment: Severe weather and blizzard outbreaks drive local and national viewership for FOX Weather and local TV stations — another near‑term boost to ad demand. Live updates: Rare severe storm outbreak targets East Coast, historic blizzard paralyzes the Midwest – FOX Weather
• Neutral Sentiment: Entertainment and sports coverage (Oscars red carpet, NASCAR interviews, WBC highlights) contribute steady non‑news viewership but are less likely to move near‑term revenue materially. Oscars 2026 red carpet coverage
• Neutral Sentiment: International incidents and localized tragedies (e.g., Amsterdam school explosion) drive short‑term traffic but have limited direct corporate impact. Explosion damages Jewish school in Amsterdam
• Negative Sentiment: Technical/valuation headwinds: FOX remains under its 50‑ and 200‑day moving averages, which can constrain upside until momentum and sentiment improve (investors should monitor ratings trends and ad pricing).

Insiders Place Their Bets

In related news, COO John Nallen sold 216,806 shares of the company’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $57.68, for a total value of $12,505,370.08. Following the sale, the chief operating officer owned 362,206 shares in the company, valued at $20,892,042.08. This represents a 37.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Lachlan K. Murdoch sold 637,752 shares of the business’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $58.20, for a total value of $37,117,166.40. Following the sale, the chief executive officer directly owned 152 shares of the company’s stock, valued at $8,846.40. This represents a 99.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,586,871 shares of company stock valued at $91,893,926 in the last 90 days. 23.06% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On FOX

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Marshall Wace LLP raised its holdings in shares of FOX by 792.4% in the 3rd quarter. Marshall Wace LLP now owns 3,184,642 shares of the company’s stock valued at $182,448,000 after acquiring an additional 2,827,768 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of FOX by 2,459.6% during the fourth quarter. SG Americas Securities LLC now owns 413,037 shares of the company’s stock worth $26,818,000 after purchasing an additional 396,900 shares in the last quarter. Pinebridge Investments LLC purchased a new position in shares of FOX during the fourth quarter worth about $13,758,000. Gabelli Funds LLC increased its position in shares of FOX by 26.4% in the third quarter. Gabelli Funds LLC now owns 538,400 shares of the company’s stock worth $30,845,000 after purchasing an additional 112,600 shares during the last quarter. Finally, Jane Street Group LLC increased its position in shares of FOX by 427.0% in the first quarter. Jane Street Group LLC now owns 97,261 shares of the company’s stock worth $5,127,000 after purchasing an additional 78,804 shares during the last quarter. 26.41% of the stock is currently owned by hedge funds and other institutional investors.

FOX Price Performance

Shares of FOX traded up $0.12 during midday trading on Monday, hitting $52.15. 1,593,958 shares of the company traded hands, compared to its average volume of 1,804,499. FOX has a one year low of $43.18 and a one year high of $68.18. The firm has a market cap of $22.18 billion, a P/E ratio of 12.54, a PEG ratio of 7.20 and a beta of 0.59. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.78 and a quick ratio of 2.44. The stock has a 50-day moving average of $58.54 and a 200-day moving average of $58.03.

FOX (NASDAQ:FOX) last released 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. The company had revenue of $5.18 billion during the quarter, compared to analyst estimates of $5.06 billion. FOX had a net margin of 11.41% and a return on equity of 18.14%. As a group, sell-side analysts predict that FOX will post 4.25 EPS for the current fiscal year.

FOX Dividend Announcement

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

Wall Street Analyst Weigh In

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

About FOX

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.