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

Posted by Brian Himes on Jul 2nd, 2026

Fox Corporation (NASDAQ:FOXA – Get Free Report) was the target of some unusual options trading activity on Thursday. Investors acquired 3,156 call options on the stock. This is an increase of approximately 108% compared to the average volume of 1,515 call options.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Barclays lowered their target price on shares of FOX from $67.00 to $60.00 and set an “equal weight” rating for the company in a report on Monday, June 15th. Evercore set a $73.00 price target on shares of FOX in a report on Tuesday, May 12th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $79.00 price objective on shares of FOX in a research report on Tuesday, May 12th. Weiss Ratings reissued a “buy (b-)” rating on shares of FOX in a research note on Friday, May 22nd. Finally, Wolfe Research upgraded FOX from a “peer perform” rating to an “outperform” rating and set a $71.00 target price for the company in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $74.13.

View Our Latest Analysis on FOX

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of FOXA. FWL Investment Management LLC purchased a new stake in shares of FOX in the 3rd quarter worth $26,000. Elyxium Wealth LLC purchased a new position in shares of FOX during the fourth quarter valued at $27,000. CYBER HORNET ETFs LLC purchased a new position in shares of FOX during the second quarter valued at $35,000. Rosenberg Matthew Hamilton raised its holdings in shares of FOX by 58.5% in the fourth quarter. Rosenberg Matthew Hamilton now owns 696 shares of the company’s stock valued at $51,000 after acquiring an additional 257 shares in the last quarter. Finally, Quantbot Technologies LP bought a new stake in shares of FOX in the third quarter valued at about $51,000. 52.52% of the stock is currently owned by hedge funds and other institutional investors.

FOX Trading Up 2.7%

FOX stock traded up $1.44 during trading hours on Thursday, hitting $55.57. The company had a trading volume of 1,830,436 shares, compared to its average volume of 4,628,090. The firm has a market cap of $23.35 billion, a P/E ratio of 14.64, a P/E/G ratio of 1.73 and a beta of 0.51. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.65 and a current ratio of 2.90. FOX has a 1 year low of $48.34 and a 1 year high of $76.39. The company has a 50-day moving average price of $61.44 and a two-hundred day moving average price of $63.69.

FOX (NASDAQ:FOXA – Get Free Report) last issued its earnings results on Monday, May 11th. The company reported $1.32 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.30. FOX had a net margin of 10.56% and a return on equity of 18.90%. The business had revenue of $3.99 billion for the quarter, compared to analyst estimates of $3.78 billion. During the same period last year, the company posted $1.10 earnings per share. The company’s quarterly revenue was down 8.6% compared to the same quarter last year. On average, sell-side analysts anticipate that FOX will post 4.93 earnings per share for the current year.

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.