FOX (NASDAQ:FOX) COO Sells 216,806 Shares

March 14, 2026 by InsiderTrades.com

Key Points

Fox COO John Nallen executed large insider sales: he sold 216,806 shares on March 12 at an average $57.68 for $12.51M (and sold 242,309 shares on March 11), cutting his ownership by 37.44% to 362,206 shares valued at about $20.9M.
Company results and market backdrop: Fox beat quarterly EPS estimates ($0.82 vs. $0.51) and declared a $0.28 dividend payable March 25, but the stock is trading below its 50- and 200-day moving averages and Wall Street sentiment is mixed with a consensus "Hold" and a $75 price target.

Fox Corporation (NASDAQ:FOX - Get Free Report) COO John Nallen sold 216,806 shares of FOX stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $57.68, for a total transaction of $12,505,370.08. Following the transaction, the chief operating officer directly owned 362,206 shares of the company's stock, valued at $20,892,042.08. The trade was a 37.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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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 Price Performance

FOX stock opened at $52.03 on Friday. The stock has a market cap of $22.13 billion, a PE ratio of 12.51, a P/E/G ratio of 7.26 and a beta of 0.59. Fox Corporation has a 12 month low of $43.18 and a 12 month high of $68.18. The company has a 50-day moving average price of $58.85 and a 200 day moving average price of $57.99. The company has a current ratio of 2.78, a quick ratio of 2.44 and a debt-to-equity ratio of 0.60.

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FOX (NASDAQ:FOX - Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $0.82 earnings per share for the quarter, topping analysts' consensus estimates of $0.51 by $0.31. FOX had a net margin of 11.41% and a return on equity of 18.14%. The company had revenue of $5.18 billion for the quarter, compared to analyst estimates of $5.06 billion. Equities research analysts anticipate that Fox Corporation will post 4.25 earnings per share for the current year.

FOX Announces Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, March 25th. Investors of record on Wednesday, March 4th will be paid a dividend of $0.28 per share. The ex-dividend date of this dividend is Wednesday, March 4th. FOX's dividend payout ratio (DPR) is currently 13.46%.

Key Headlines Impacting FOX

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Here are the key news stories impacting FOX this week:

Positive Sentiment: Major international crisis and strike coverage drives realtime audience demand — Fox is running extensive live coverage of U.S.-Iran/Israel developments and related strikes, a type of breaking-news cycle that typically lifts linear and digital viewership and short-term ad revenues. Live updates: US-Iran-Israel war
Positive Sentiment: Domestic violent incidents and terror-related stories (synagogue shooting, other attacks) are generating heavy local and national coverage — again likely to boost audience engagement across Fox’s news platforms. Recent terror attacks rattle American communities
Positive Sentiment: Sports and event programming continue to supply appointment viewing (WWE features, Kyler Murray signing, WBC coverage) — stable non-news content that supports diversified ad inventory and subscriber interest. Kyler Murray signs with Vikings
Neutral Sentiment: High-profile event coverage (NASA’s Artemis II crewed launch target) can produce one-time spikes in audience but is episodic rather than recurring revenue. NASA targets April 1 launch for Artemis II
Neutral Sentiment: Industry media miscues and rival coverage (e.g., deleted posts, reporting errors at other outlets) create short-term headlines in media circles but are unlikely to materially change Fox’s fundamentals. CNN reporter deletes post
Neutral Sentiment: Human-interest and cultural pieces (e.g., WWE profile, athlete support stories) support audience breadth but are not major earnings drivers. WWE Bayley opens up
Negative Sentiment: Political and government disruption — DHS closure/airport chaos and unpaid TSA officer stories — can suppress ad demand tied to travel-related categories and increase advertiser caution during uncertain periods. Airport security strain during shutdown grows
Negative Sentiment: Ongoing geopolitical risk can depress broader market sentiment and make advertisers more cautious with upfront commitments — a headwind for ad-driven media stocks if sustained. Iran targets oil tankers, fuel storage facilities
Negative Sentiment: Technical and valuation pressures: FOX is trading below its 50- and 200-day moving averages and volume is elevated vs. average — signals that can amplify short-term downside even if ratings rise. (Company fundamentals: market cap, P/E and recent earnings beat remain supportive.)

Wall Street Analyst Weigh In

A number of analysts have weighed in on FOX shares. Zacks Research lowered 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 report on Thursday, February 5th. Guggenheim reaffirmed a "buy" rating and issued a $85.00 price target on shares of FOX in a research note on Monday, December 22nd. Weiss Ratings reissued a "buy (b)" rating on shares of FOX in a research report on Monday, December 29th. Finally, Bank of America reaffirmed an "underperform" rating and set a $45.00 target price (down from $80.00) on shares of FOX in a research report on Wednesday, February 25th. Four investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, FOX has a consensus rating of "Hold" and a consensus price target of $75.00.

Get Our Latest Research Report on FOX

Institutional Investors Weigh In On FOX

Large investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC lifted its position in shares of FOX by 8.4% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 2,493 shares of the company's stock worth $143,000 after purchasing an additional 193 shares during the period. Yousif Capital Management LLC increased its holdings in FOX by 1.5% during the fourth quarter. Yousif Capital Management LLC now owns 16,997 shares of the company's stock valued at $1,107,000 after buying an additional 259 shares during the period. Baird Financial Group Inc. raised its stake in FOX by 1.1% in 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 in the last quarter. Root Financial Partners LLC bought a new position in FOX in the third quarter worth approximately $26,000. Finally, Hartford Investment Management Co. lifted its holdings in FOX by 6.3% during the third quarter. Hartford Investment Management Co. now owns 7,616 shares of the company's stock worth $436,000 after buying an additional 451 shares during the period. Institutional investors own 26.41% of the company's stock.

About FOX

(Get Free Report)

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.