FOX (NASDAQ:FOXA) COO Sells $12,505,370.08 in Stock

13 Mar 2026, 20:50 by Jessica Moore · The Cerbat Gem

Fox Corporation (NASDAQ:FOXA – Get Free Report) COO John Nallen sold 216,806 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The stock was 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 approximately $20,892,042.08. This represents a 37.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

John Nallen also recently made the following trade(s):

On Wednesday, March 11th, John Nallen sold 242,309 shares of FOX stock. The shares were sold at an average price of $57.74, for a total transaction of $13,990,921.66.

FOX Stock Down 0.6%

FOXA traded down $0.35 during trading on Friday, reaching $57.39. 9,569,095 shares of the stock were exchanged, compared to its average volume of 3,978,365. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.44 and a current ratio of 2.78. The stock’s 50 day moving average price is $65.28 and its two-hundred day moving average price is $64.45. Fox Corporation has a twelve month low of $46.42 and a twelve month high of $76.39. The stock has a market cap of $24.41 billion, a P/E ratio of 13.80, a price-to-earnings-growth ratio of 7.54 and a beta of 0.55.

FOX (NASDAQ:FOXA – Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.35. FOX had a net margin of 11.41% and a return on equity of 18.14%. The firm had revenue of $5.18 billion during the quarter, compared to analysts’ expectations of $5.02 billion. During the same quarter last year, the company posted $0.96 earnings per share. The company’s revenue for the quarter was up 2.0% compared to the same quarter last year. Equities analysts expect that Fox Corporation will post 4.38 EPS for the current year.

FOX Dividend Announcement

The company also recently announced a dividend, which will be paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 4th will be issued a $0.28 dividend. This represents a dividend yield of 83.0%. The ex-dividend date of this dividend is Wednesday, March 4th. FOX’s dividend payout ratio is presently 13.46%.

Institutional Investors Weigh In On FOX

Several hedge funds have recently bought and sold shares of the stock. DGS Capital Management LLC acquired a new position in shares of FOX in the fourth quarter valued at approximately $266,000. State of Tennessee Department of Treasury lifted its holdings in FOX by 46.2% during the 4th quarter. State of Tennessee Department of Treasury now owns 107,661 shares of the company’s stock worth $7,836,000 after purchasing an additional 33,997 shares during the last quarter. Auxier Asset Management LLC bought a new stake in FOX in the 4th quarter valued at $222,000. California State Teachers Retirement System boosted its stake in FOX by 11.5% in the 4th quarter. California State Teachers Retirement System now owns 417,901 shares of the company’s stock valued at $30,536,000 after purchasing an additional 43,232 shares during the period. Finally, Captrust Financial Advisors grew its holdings in FOX by 6.6% in the 4th quarter. Captrust Financial Advisors now owns 7,063 shares of the company’s stock valued at $516,000 after buying an additional 435 shares in the last quarter. 52.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Bank of America cut FOX from a “buy” rating to an “underperform” rating and set a $45.00 price target for the company. in a report on Wednesday, February 25th. Morgan Stanley raised their price objective on FOX from $74.00 to $77.00 and gave the company an “equal weight” rating in a research report on Thursday, February 5th. Wells Fargo & Company downgraded FOX from an “overweight” rating to a “hold” rating in a research note on Thursday, February 5th. Argus raised FOX to a “hold” rating in a report on Thursday, February 19th. Finally, Zacks Research cut FOX from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 5th. Seven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $71.80.

Get Our Latest Analysis on FOX

About FOX

(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.