Fox Corporation has been a tumultuous focus for investors recently, with considerable ups and downs in its stock market performance. There has been a sizeable amount of share activity, with various trusts and firms acquiring or selling shares.
Empowered Funds LLC currently holds an $18.95 million stock position and
Royal Bank of Canada recently acquired 63,538 shares. However, the Murdoch family trusts have sold a significant number of shares worth $2.06 billion. This sale is believed to represent a major shift in long-term governance strategy following the resolution of the Murdoch family trust matter. Several significant investments have been made in Fox Corporation by firms such as
Ascent Group LLC and
AQR Capital Management LLC.
Wells Fargo & Company has raised the Fox price target to $70.00, indicating a bullish outlook, while the stock has reached new highs following analyst upgrades. However, share prices have been volatile with notable gaps down causing concern among some investors. The company has also announced that it's planning a secondary offering of Class B common stock.
Fox Corporation Stocks News Analytics from Tue, 05 Aug 2025 07:00:00 GMT to Sun, 14 Sep 2025 01:51:48 GMT -
Rating 2
- Innovation 4
- Information 8
- Rumor -2