Geode Capital Management LLC Sells 69,904 Shares of Fox Corporation $FOX

Posted by on Jun 3rd, 2026

Geode Capital Management LLC decreased its position in Fox Corporation (NASDAQ:FOX – Free Report) by 1.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,921,008 shares of the company’s stock after selling 69,904 shares during the quarter. Geode Capital Management LLC’s holdings in FOX were worth $253,604,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Brown Brothers Harriman & Co. increased its stake in FOX by 336.9% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 616 shares of the company’s stock worth $35,000 after acquiring an additional 475 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in FOX by 95.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,442 shares of the company’s stock worth $76,000 after acquiring an additional 703 shares during the last quarter. FNY Investment Advisers LLC bought a new stake in FOX in the 4th quarter worth approximately $83,000. EverSource Wealth Advisors LLC increased its stake in FOX by 130.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,300 shares of the company’s stock worth $119,000 after acquiring an additional 1,301 shares during the last quarter. Finally, Covestor Ltd increased its stake in FOX by 139.1% in the 4th quarter. Covestor Ltd now owns 2,955 shares of the company’s stock worth $192,000 after acquiring an additional 1,719 shares during the last quarter. Institutional investors own 26.41% of the company’s stock.

Key Headlines Impacting FOX

Here are the key news stories impacting FOX this week:

  • Positive Sentiment: Fox Sports-related coverage highlighted the U.S. men’s national team’s 3-2 win over Senegal, with Christian Pulisic standing out as the team began World Cup preparations. Article Title
  • Neutral Sentiment: Fox News continued heavy live coverage of the Iran-Israel/U.S. military situation, including U.S. strikes on Iranian air defenses, missile interceptions, and commentary from military and political guests. These stories may support audience engagement, but they are not directly tied to Fox Corporation’s operating results. Article Title
  • Neutral Sentiment: Additional Fox News items focused on domestic politics and breaking news, including claims of burned ballots in Los Angeles, Jill Biden criticism, and other rapid-fire segments. These can drive traffic, but the stock impact is likely limited unless they translate into sustained ratings gains. Article Title
  • Negative Sentiment: The prevalence of war-related headlines around Iran and the Middle East may weigh on market sentiment overall, creating a more cautious tone around media stocks despite Fox’s strong earnings backdrop. Article Title

Insiders Place Their Bets

In related news, CEO Lachlan K. Murdoch sold 637,752 shares of the business’s stock in a transaction 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 $8,846.40. The trade was a 99.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO John Nallen sold 242,309 shares of the business’s stock in a transaction 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 transaction, the chief operating officer owned 357,653 shares of the company’s stock, valued at approximately $20,650,884.22. The trade was a 40.39% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 1,586,871 shares of company stock valued at $91,893,926. 23.06% of the stock is owned by company insiders.

FOX Stock Performance

NASDAQ FOX opened at $58.65 on Wednesday. The company has a market cap of $24.64 billion, a P/E ratio of 15.47, a P/E/G ratio of 7.06 and a beta of 0.54. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.65 and a current ratio of 2.90. The business’s 50 day moving average price is $56.33 and its 200-day moving average price is $58.50. Fox Corporation has a fifty-two week low of $48.42 and a fifty-two week high of $68.18.

FOX (NASDAQ:FOX – Get Free Report) last posted its quarterly earnings data on Monday, May 11th. The company reported $1.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.30. FOX had a return on equity of 18.90% and a net margin of 10.56%.The company had revenue of $3.99 billion during the quarter, compared to analysts’ expectations of $3.78 billion. Sell-side analysts predict that Fox Corporation will post 4.76 earnings per share for the current year.

Wall Street Analyst Weigh In

FOX has been the topic of a number of research reports. Wells Fargo & Company downgraded FOX from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 5th. Bank of America reissued 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. Zacks Research raised FOX from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of FOX in a research report on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $75.00.

Check Out Our Latest Analysis on FOX

FOX Profile

(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.

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Institutional Ownership by Quarter for FOX (NASDAQ:FOX)

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