Twenty-First Century Fox (FOX) has been under a strong bear grip, hence the stock is down -4.55% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.6% in the past 1 week. The stock has risen by 2.11% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.38% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 2.69% and the 50-Day Moving Average is 0.32%.
Twenty-First Century Fox (NASDAQ:FOX): The stock opened at $28.88 on Friday but the bulls could not build on the opening and the stock topped out at $28.88 for the day. The stock traded down to $28.33 during the day, due to lack of any buying support eventually closed down at $28.59 with a loss of -0.10% for the day. The stock had closed at $28.62 on the previous day. The total traded volume was 2,495,156 shares.
The company Insiders own 39.4% 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 20.82% 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%. In a related news, Murdoch James R, director officer (Chief Executive Officer) of Twenty-First Century Fox, Inc., unloaded 152,233 shares at an average price of $29.35 on May 9, 2016. The total amount of the transaction was worth $4,468,039, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.