The Insider Activity Of Fox Corporation (FOXA) Should Not Be Ignored


As of Friday close, Fox Corporation’s (NASDAQ:FOXA) stock was down -$0.21, moving down -0.64 percent to $32.73. The average number of shares traded per day over the past five days has been 3,903,560 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.41 fall in that time frame. In the last twenty days, the average volume was 3,096,325, while in the previous 50 days, it was 2,842,682.

Since last month, FOXA stock retreated -11.83%. Shares of the company fell to $32.20 on 03/13/23, the lowest level in the past month. A 52-week high of $42.02 was reached on 02/17/23 after having rallying from a 52-week low of $28.01. Since the beginning of this year, FOXA’s stock price has risen by 7.77% or $2.36, and marked a new high 17 times. However, the stock has declined by -22.11% since its 52-week high.

Do You Know The Best Place To Find Gains In Volatile Markets?

In today's chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic world. The trick is figuring out which small caps will be tomorrow's winners. That's why StockWire News has put together a special Wealth Building Report, highlighting 3 small cap stocks set to soar in 2023.

Click here for full details and to join for free.


FOXA stock investors should be aware that Fox Corporation (FOXA) stock had its last reported insider trading activity 37 days ago on Feb 09. DINH VIET D, the Chief Legal and Policy Officer of the company, disposed of 72,207 shares for $35.91 on Feb 09. It resulted in a $2,592,953 divestment by the insider. MURDOCH LACHLAN K added 126,773 shares at an average price of $36.50 on Aug 15. The insider now owns 815,335 shares following the transaction. On Aug 15, Executive Chair, CEO MURDOCH LACHLAN K sold 126,773 shares at $36.50 apiece. The transaction was valued at $4,627,214.

Valuation Metrics

Right now, Fox Corporation (FOXA) has a P/E ratio of about 12.05. The stock’s beta is 0.87. Besides these, the trailing price-to-sales (P/S) ratio of 1.19, the price-to-book (PB) ratio of 1.53, and the price-to-cash flow ratio of 10.46 may also be considered.

The latest dividend of $0.25 per share was paid out, remained unchanged from last year’s $0.25. On Wednesday August 10 2022, a $0.01 dividend increase was announced.

Financial Health

In the three months ended December 30, Fox Corporation’s quick ratio stood at 2.90, while its current ratio was 3.40, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 0.62. On the profitability front, the trailing twelve-month gross margin is 36.60% percent. In the year ended December 30, operating margins totaled 18.20%. Based on annual data, FOXA earned $4.86 billion in gross profit and brought in $13.97 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 10.60%. Return on equity (ROE) for the past 12 months was 13.20%.

In Fox Corporation’s quarter-end financial report for December 30, it reported total debt of $7.21 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected Fox Corporation to report $0.48 quarterly earnings, the actual figure was $0.48 per share. During the quarter, the company generated $531.0 million in EBITDA. The liabilities of Fox Corporation were 11.45 billion at the end of its most recent quarter ended December 30, and its total debt was $8.22 billion. The value of shareholders’ equity is $534.56 million.

Technical Picture

This quick technical analysis looks at Fox Corporation’s (FOXA) price momentum. With a historical volatility rate of 25.03%, the RSI 9-day stood at 33.61% on 17 March.

With respect to its five-day moving average, the current Fox Corporation price is down by -1.24% percent or -$0.41. At present, FOXA shares trade -10.89% below its 20-day simple moving average and +11.21% percent above its 100-day simple moving average. However, the stock is currently trading approximately +4.64% above its SMA50 and -7.83% below its SMA200.

Stochastic coefficient K was 14.18% and Stochastic coefficient D was 12.26%, while ATR was 0.75. Given the Stochastic reading of 15.41% for the 14-day period, the RSI (14) reading has been calculated as 37.97%. As of today, the MACD Oscillator reading stands at -0.49, while the 14-day reading stands at -1.10.

Analyst Ratings

Fox Corporation (FOXA) has been rated Overweight by analysts. According to 2 brokerage firms, FOXA is a sell, and 10 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Fox Corporation stock as buy, with 11 recommending it as overweight.

With a median target price of $40.00, the current consensus forecast for the stock is $29.00 – $45.00. Based on these forecasts, analysts predict Fox Corporation (FOXA) will achieve an average price target of $38.38.


Please enter your comment!
Please enter your name here