Traders Purchase High Volume of FOX Put Options (NASDAQ:FOXA)

Posted by on Jun 24th, 2026

Fox Corporation (NASDAQ:FOXA – Get Free Report) saw unusually large options trading on Wednesday. Stock traders purchased 4,515 put options on the stock. This represents an increase of approximately 285% compared to the typical daily volume of 1,174 put options.

FOX Price Performance

Shares of NASDAQ:FOXA traded up $1.77 during trading on Wednesday, hitting $50.56. 2,261,687 shares of the stock were exchanged, compared to its average volume of 4,378,317. The company has a fifty day moving average price of $63.01 and a two-hundred day moving average price of $64.49. The company has a market cap of $21.24 billion, a PE ratio of 13.32, a P/E/G ratio of 1.76 and a beta of 0.51. The company has a current ratio of 2.90, a quick ratio of 2.65 and a debt-to-equity ratio of 0.60. FOX has a 12-month low of $48.55 and a 12-month high of $76.39.

FOX (NASDAQ:FOXA – Get Free Report) last released its quarterly earnings results on Monday, May 11th. The company reported $1.32 earnings per share for the quarter, topping 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 business had revenue of $3.99 billion for the quarter, compared to analysts’ expectations of $3.78 billion. During the same quarter in the prior year, the firm posted $1.10 EPS. The company’s revenue was down 8.6% compared to the same quarter last year. On average, analysts forecast that FOX will post 4.93 EPS for the current year.

Analyst Ratings Changes

FOXA has been the subject of a number of analyst reports. Wells Fargo & Company increased their target price on FOX from $67.00 to $71.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 12th. Seaport Research Partners restated a “buy” rating and issued a $61.00 price target on shares of FOX in a research note on Tuesday, June 16th. UBS Group reaffirmed a “neutral” rating on shares of FOX in a report on Monday, June 15th. Bank of America cut FOX from a “buy” rating to an “underperform” rating and set a $45.00 price objective for the company. in a research report on Wednesday, February 25th. Finally, Barclays reduced their target price on FOX from $67.00 to $60.00 and set an “equal weight” rating for the company in a report on Monday, June 15th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $74.36.

View Our Latest Stock Report on FOXA

Institutional Trading of FOX

Large investors have recently bought and sold shares of the company. Strategic Investment Advisors MI lifted its stake in FOX by 19.8% in the 1st quarter. Strategic Investment Advisors MI now owns 83,066 shares of the company’s stock valued at $4,855,000 after buying an additional 13,749 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in FOX by 20.9% during the first quarter. EverSource Wealth Advisors LLC now owns 1,451 shares of the company’s stock worth $85,000 after buying an additional 251 shares in the last quarter. Andra AP fonden increased its position in FOX by 208.1% during the first quarter. Andra AP fonden now owns 247,000 shares of the company’s stock worth $14,425,000 after buying an additional 166,822 shares in the last quarter. Wilkerson Advisory Group LLC raised its holdings in shares of FOX by 50.6% in the first quarter. Wilkerson Advisory Group LLC now owns 1,435 shares of the company’s stock worth $84,000 after acquiring an additional 482 shares during the last quarter. Finally, Livforsakringsbolaget Skandia Omsesidigt raised its holdings in shares of FOX by 9.9% in the first quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 287,000 shares of the company’s stock worth $16,755,000 after acquiring an additional 25,900 shares during the last quarter. Institutional investors and hedge funds own 52.52% of the company’s stock.

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.

Fox produces, acquires and distributes a range of live and recorded programming, including news, opinion and commentary, national and local sports telecasts, and general entertainment.

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