Large Outflow of Money Witnessed in Twenty-First Century Fox

Twenty-First Century Fox (NASDAQ:FOXA) traded on a positive note gaining 0.04 points or 0.12% to be valued at $28.97 per share. Intraday, the shares aggregated $8.06 million in upticks but saw an exodus of $11.47 million in downticks. The net money flow was calculated to be $(-3.41) million with the final up/down ratio coming in at 0.7. The share price has seen a change of -1.41% in value during the week. Block trade of up/down ratio of 0 was also registered with $0 million in upticks and $2.24 million in downticks. The net money flow for the block exchange was disappointing at $(-2.24) Million.


Currently the company Insiders own 16.3% of Twenty-First Century Fox shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -48.65% . Institutional Investors own 53.54% of Twenty-First Century Fox shares. During last six month period, the net percent change held by insiders has seen a change of -48.65%.

Twenty-First Century Fox (NASDAQ:FOXA) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.02 points or 0.07% at $28.91 with 6,012,947 shares getting traded. Post opening the session at $28.88, the shares hit an intraday low of $28.776 and an intraday high of $29.19 and the price was in this range throughout the day. The company has a market cap of $54,763 million and the number of outstanding shares have been calculated to be 1,894,246,900 shares. The 52-week high of Twenty-First Century Fox (NASDAQ:FOXA) is $34.7 and the 52-week low is $22.66.

Many analysts have stated their opinion on the company shares. Equity Analysts at the Goldman Sachs maintains the rating on Twenty-First Century Fox (NASDAQ:FOXA). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency raises the price target from $32 per share to $35 per share. The rating by the firm was issued on May 5, 2016.

Twenty-First Century Fox, Inc. is a media and entertainment company. The Company operates through segments: Cable Network Programming, Television, Filmed Entertainment, and Other, Corporate and Eliminations. The Company produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunications companies and online video distributors in the United States and internationally. The Company is engaged in the operation of broadcast television stations and the broadcasting of network programming in the United States. The Company is engaged in the production and acquisition of live-action and animated motion pictures for distribution and licensing in all formats in all entertainment media, and the production and licensing of television programming around the world.

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