FOX (NASDAQ:FOX) Shares Cross Below 200 Day Moving Average - Should You Sell?

Key Points

• Technical signal: Fox crossed below its 200‑day moving average of $57.89, trading as low as $56.95 and last at $57.90, a potential bearish sign for traders.
• Analysts & fundamentals: The company beat quarterly EPS ($0.82 vs. $0.51) and revenue ($5.18B vs. $5.06B), trades at a P/E of 13.92, but carries a consensus "Hold" rating with a $75 average price target and wide analyst views (buys to a Bank of America underperform/$45 target).
• Insider selling: Insiders have sold roughly 1,586,871 shares (~$91.9M) over the last 90 days — including large COO and CEO dispositions — a notable red flag for some investors despite ~23% insider ownership.

Fox Corporation (NASDAQ:FOX - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $57.89 and traded as low as $56.95. FOX shares last traded at $57.90, with a volume of 1,142,423 shares traded.

Key Headlines Impacting FOX

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Breaking/live international coverage — Fox is running top-line coverage of a reported Israel–Lebanon temporary ceasefire and U.S. actions around Iran, which typically drives minutes‑watched and ad demand on cable and digital. Trump says Israel, Lebanon agree to 10-day ceasefire as US enforces blockade of Iranian ports
• Positive Sentiment: High-profile political video segments (e.g., Trump teasing a meeting between Israel and Lebanon leaders) add large social/digital engagement and clip monetization opportunities. Trump teases meeting between leaders of Israel, Lebanon after temporary ceasefire agreement
• Positive Sentiment: Viral human-interest/video content — a quirky viral clip (person in a bear costume damaging luxury cars) is likely to boost short‑form video views on Fox’s digital platforms. Person in bear costume caught on video attacking luxury cars in alleged insurance scam
• Neutral Sentiment: Geopolitical commentary pieces (e.g., U.S.–China posture coverage) provide steady audience for opinion programming but are less likely to move revenue immediately. China will do what is best for China, US Navy intelligence officer says
• Neutral Sentiment: Routine political campaign coverage (e.g., Harris stops in a primary state) sustains engagement ahead of 2028 but is not a surprise driver. Harris stops key presidential primary state leaving door wide open to 2028 run
• Negative Sentiment: Controversial investigative/political pieces (e.g., claims about taxpayer‑funded surgeries for undocumented immigrants) can trigger advertiser scrutiny or calls for ad placement review, which is a downside risk for ad revenue. Illegal aliens are getting taxpayer-funded boob jobs and sex change ops in Newsom's California, watchdog says
• Negative Sentiment: Highly partisan or sensational political stories (e.g., intense legislative disputes coverage) can elevate reputational risk and intermittent ad pull reactions for certain advertisers. House lawmakers express disgust over Swalwell not being exposed sooner: 'It's shameful'

Wall Street Analyst Weigh In

FOX has been the subject of a number of recent research reports. Guggenheim reiterated a "buy" rating and issued 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 lowered shares of FOX from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 5th. Wells Fargo & Company cut shares of FOX from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 5th. Finally, Bank of America restated an "underperform" rating and issued a $45.00 target price (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 assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, FOX currently has an average rating of "Hold" and a consensus price target of $75.00.

FOX Stock Up 1.5%

The firm has a market capitalization of $24.63 billion, a price-to-earnings ratio of 13.92, a P/E/G ratio of 6.99 and a beta of 0.54. 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's 50 day moving average price is $53.31 and its 200 day moving average price is $57.89.

FOX (NASDAQ:FOX - Get Free Report) last released its earnings results on Wednesday, February 4th. The company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.31. The firm had revenue of $5.18 billion for the quarter, compared to the consensus estimate of $5.06 billion. FOX had a return on equity of 18.14% and a net margin of 11.41%. As a group, research analysts forecast that Fox Corporation will post 4.25 earnings per share for the current fiscal year.

FOX Announces Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 4th were issued a $0.28 dividend. The ex-dividend date of this dividend was Wednesday, March 4th. FOX's payout ratio is presently 13.46%.

Insider Transactions at FOX

In other FOX news, COO John Nallen sold 216,806 shares of the business'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 transaction, the chief operating officer directly owned 362,206 shares in the company, valued at $20,892,042.08. The trade was a 37.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Lachlan K. Murdoch sold 637,752 shares of the company'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 transaction of $37,117,166.40. Following the completion of the transaction, the chief executive officer owned 152 shares in the company, valued at approximately $8,846.40. This represents a 99.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,586,871 shares of company stock worth $91,893,926 over the last 90 days. Insiders own 23.06% of the company's stock.

Institutional Investors Weigh In On FOX

Several institutional investors have recently modified their holdings of the company. AQR Capital Management LLC lifted its stake in FOX by 65.6% in the first quarter. AQR Capital Management LLC now owns 26,715 shares of the company's stock valued at $1,408,000 after buying an additional 10,579 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in FOX by 4.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,446 shares of the company's stock worth $656,000 after acquiring an additional 586 shares during the period. NewEdge Advisors LLC acquired a new position in FOX during the first quarter worth about $224,000. Woodline Partners LP grew its position in FOX by 40.7% during the first quarter. Woodline Partners LP now owns 11,145 shares of the company's stock worth $587,000 after buying an additional 3,222 shares during the period. Finally, Jane Street Group LLC grew its holdings in FOX by 427.0% in the first quarter. Jane Street Group LLC now owns 97,261 shares of the company's stock valued at $5,127,000 after purchasing an additional 78,804 shares during the last quarter. 26.41% of the stock is owned by hedge funds and other institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.