FOX (NASDAQ:FOXA) Share Price Passes Below 200 Day Moving Average – Time to Sell?

24 May 2026, 10:58 by Amy Steele · The Cerbat Gem

Shares of Fox Corporation (NASDAQ:FOXA – Get Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $65.10 and traded as low as $63.73. FOX shares last traded at $63.98, with a volume of 1,557,563 shares traded.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on FOXA shares. Evercore set a $73.00 target price on FOX in a report on Tuesday, May 12th. TD Cowen upped their price target on FOX from $55.00 to $65.00 and gave the stock a “hold” rating in a research note on Thursday, February 5th. The Goldman Sachs Group restated a “buy” rating and issued a $80.00 price target on shares of FOX in a research note on Wednesday, February 4th. JPMorgan Chase & Co. upped their price target on FOX from $69.00 to $70.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 12th. Finally, Wells Fargo & Company upped their price target on FOX from $67.00 to $71.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $74.86.

Read Our Latest Research Report on FOXA

FOX Price Performance

The company has a current ratio of 2.90, a quick ratio of 2.65 and a debt-to-equity ratio of 0.60. The company has a market cap of $27.22 billion, a PE ratio of 16.88, a P/E/G ratio of 3.32 and a beta of 0.52. The firm has a 50 day moving average of $61.81 and a two-hundred day moving average of $65.10.

FOX (NASDAQ:FOXA – Get Free Report) last released its quarterly earnings data on Monday, May 11th. The company reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.30. The business had revenue of $3.99 billion for the quarter, compared to analysts’ expectations of $3.78 billion. FOX had a return on equity of 18.90% and a net margin of 10.56%.The firm’s quarterly revenue was down 8.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.10 EPS. Research analysts predict that Fox Corporation will post 4.93 earnings per share for the current fiscal year.

Insider Activity at FOX

In related news, 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 value of $37,117,166.40. Following the transaction, the chief executive officer directly owned 152 shares of the company’s stock, valued at approximately $8,846.40. This represents a 99.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, COO John Nallen sold 242,309 shares of the company’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $57.74, for a total value of $13,990,921.66. Following the completion of the transaction, the chief operating officer directly owned 357,653 shares in the company, valued at $20,650,884.22. This trade represents a 40.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,586,871 shares of company stock worth $91,893,926 over the last ninety days. 19.68% of the stock is currently owned by insiders.

Hedge Funds Weigh In On FOX

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FOXA. FWL Investment Management LLC bought a new position in shares of FOX during the 3rd quarter valued at $26,000. Elyxium Wealth LLC bought a new position in shares of FOX during the 4th quarter valued at $27,000. CYBER HORNET ETFs LLC bought a new position in shares of FOX during the 2nd quarter valued at $35,000. Rosenberg Matthew Hamilton lifted its holdings in shares of FOX by 58.5% during the 4th quarter. Rosenberg Matthew Hamilton now owns 696 shares of the company’s stock valued at $51,000 after buying an additional 257 shares during the period. Finally, Quantbot Technologies LP bought a new position in shares of FOX during the 3rd quarter valued at $51,000. 52.52% of the stock is owned by institutional investors.

FOX Company Profile

(Get Free Report)

Fox Corporation (NASDAQ: FOXA) is a U.S.-based media company focused on television broadcasting, cable news and sports programming, and digital distribution. The company was formed in 2019 as the successor to certain assets of 21st Century Fox after a transaction that transferred many film and television studio assets to The Walt Disney Company. Fox Corp’s operations center on the Fox Broadcasting network, a portfolio of local television stations, national news and business cable networks, and sports media properties.