SG Americas Securities LLC Sells 25,538 Shares of Fox Corporation $FOX

SG Americas Securities LLC lowered its stake in shares of Fox Corporation (NASDAQ:FOX) by 61.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 16,137 shares of the company’s stock after selling 25,538 shares during the quarter. SG Americas Securities LLC’s holdings in FOX were worth $924,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Baird Financial Group Inc. boosted its stake in FOX by 1.1% during the second quarter. Baird Financial Group Inc. now owns 31,707 shares of the company’s stock worth $1,637,000 after buying an additional 343 shares during the period. CX Institutional lifted its holdings in shares of FOX by 16.9% in the 2nd quarter. CX Institutional now owns 2,835 shares of the company’s stock worth $146,000 after acquiring an additional 409 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of FOX by 4.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,446 shares of the company’s stock worth $656,000 after purchasing an additional 586 shares during the period. Geneos Wealth Management Inc. grew its holdings in FOX by 95.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,442 shares of the company’s stock valued at $76,000 after purchasing an additional 703 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in FOX by 9.9% during the 2nd quarter. GAMMA Investing LLC now owns 9,858 shares of the company’s stock valued at $509,000 after purchasing an additional 886 shares during the last quarter. 26.41% of the stock is currently owned by institutional investors.

FOX Trading Down 0.3%

FOX opened at $65.42 on Tuesday. The company has a quick ratio of 3.03, a current ratio of 3.24 and a debt-to-equity ratio of 0.54. The stock’s fifty day moving average is $62.64 and its two-hundred day moving average is $56.71. The company has a market capitalization of $29.04 billion, a P/E ratio of 14.70, a PEG ratio of 1.45 and a beta of 0.55. Fox Corporation has a 52 week low of $43.18 and a 52 week high of $68.18.

FOX (NASDAQ:FOX) last posted its quarterly earnings results on Thursday, October 30th. The company reported $1.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.06 by $0.45. The business had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.57 billion. FOX had a return on equity of 18.61% and a net margin of 12.35%. Analysts forecast that Fox Corporation will post 4.25 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have issued reports on the stock. UBS Group reissued a “buy” rating on shares of FOX in a research note on Friday, October 31st. Guggenheim restated a “buy” rating and set a $85.00 price objective on shares of FOX in a report on Monday, December 22nd. Zacks Research raised FOX from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 7th. Fox Advisors set a $97.00 target price on FOX in a research report on Tuesday, October 28th. Finally, Cfra reissued a “buy” rating and set a $73.00 target price on shares of FOX in a research note on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, FOX currently has a consensus rating of “Buy” and a consensus target price of $82.50.

Insider Buying and Selling at FOX

In related news, CFO Steven Tomsic sold 138,397 shares of FOX stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $66.54, for a total transaction of $9,208,936.38. Following the transaction, the chief financial officer directly owned 180,556 shares of the company’s stock, valued at $12,014,196.24. This trade represents a 43.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Paul D. Ryan sold 17,767 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $64.36, for a total transaction of $1,143,484.12. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 454,817 shares of company stock valued at $29,490,590 in the last 90 days. Insiders own 23.06% of the company’s stock.

More FOX News

Here are the key news stories impacting FOX this week:

• Positive Sentiment: DOJ probe & church protest coverage — Fox has led coverage after anti‑ICE protesters stormed a Minnesota church and the DOJ opened investigations. That kind of breaking, politically charged coverage tends to lift ratings and engagement among Fox’s core audience, which can support advertising revenue in the near term. Anti-ICE mob storms Minnesota church
• Positive Sentiment: Campus bias story appeals to core viewers — A Fox piece on a Harvard student alleging systematic liberal bias is the sort of culture‑war content that typically draws conservative viewers to cable and digital platforms, helping maintain audience metrics that matter to advertisers and subscription offerings. Harvard student exposes ‘systematic’ liberal bias
• Positive Sentiment: High‑profile international news — Coverage that the World Economic Forum booted Iran’s foreign minister from Davos is a major international headline that can attract broader viewership and drive streaming/online traffic. WEF boots Iranian foreign minister
• Positive Sentiment: Sports/politics crossover — A story about Texans linebacker Azeez al‑Shaair being fined for a pro‑Palestinian eye‑black message generates sports controversy coverage that can broaden audience engagement beyond politics and news. Azeez al‑Shaair fined
• Neutral Sentiment: Entertainment/legal item — A report that Shannen Doherty’s ex‑husband is challenging a divorce judgment is typical entertainment/legal coverage with minimal likely impact on Fox’s financials. Shannen Doherty divorce challenge
• Neutral Sentiment: Obituary / soft news — The death of ex‑MLB pitcher Wilbur Wood is a standard obituary item that has little direct financial impact. Ex‑MLB Wilbur Wood dead at 84
• Negative Sentiment: Advertiser/brand sensitivity risk — The heavy focus on polarizing protest and immigration stories (and related DOJ action) can boost short‑term ratings but also raise the chance of advertiser scrutiny or boycotts in some categories; that dynamic can pressure the stock if it affects ad rates or customer relationships. (See coverage roundup, including CNN reporting on DOJ vows to press charges.) DOJ vows to press charges after activists disrupt church

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.