Twenty-First Century Fox, Inc. (FOXA) Insiders Are Selling, Here’s Why

Murdoch Lachlan K parted with a total of 137.8 thousand shares of Twenty-First Century Fox, Inc. (FOXA) at average share price of $45.48. This insider trade in the company took place on 08/16/2018. The total for the sales was set at $6.27 million. After this transaction, the Executive Chairman account balance stood at 138.26 thousand shares. The stock grew 7.19 percent since that insider sale. On 08/16/2018, Murdoch Lachlan K, Executive Chairman, purchased 137.8 thousand shares at a price per share of $45.48. This added 6.27 million shares to the insider’s fortune and the stock saw a 7.19 percent rally in value since the news became public. This transaction left 138.26 thousand shares in the Executive Chairman account.

On 12/18/2017, Sr. EVP, Group General Counsel Zweifach Gerson performed a sale transaction worth $3.86 million. This sale at $34.9 each has eliminated 110.73 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded 39.68 percent increase since the transaction was reported. The insider now is left with 36.01 thousand shares remaining in the account. Devoe David F, who performs the Director job, sold 30.15 thousand shares for $844.47 thousand. The disposal occurred on 08/15/2017 was priced at $28.01 per share. The share price soared 74.04 percent since the reporting date. Devoe David F now left with a stake of 4.08 thousand FOXA stock worth $198.9 thousand after the insider selling.

The 12-month median price target for Twenty-First Century Fox, Inc. (FOXA) assigned by the analysts stands at $50, which represents a return potential of 2.56 percent when compared to the closing price of the stock of $48.75 on Friday, January 11. The lowest price target for the stock is $45 — slightly more than -7.69 percent from FOXA’s current share price. The stock will probably climb 3.55 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $54-month high price target. This represents a whopping 10.77 percent increase from where shares are trading today.

On momentum oscillators front, ‘RSI’ has touched 55.37 on daily chart, which may remain a cause for concern. If the price breaks below $48.42 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $48.93 mark may result into a pull-back move towards $49.1 level. The stock is currently hovering around the first support level of $48.59. Below this, the next support is placed in the zone of $48.42. Till the time, the FOXA stock trades above this level, bulls have nothing to fear.

Shares of Twenty-First Century Fox, Inc. (FOXA) are trading at a P/E ratio of 25.17 times earnings reported for the past 12 months. The industry FOXA operates in has an average P/E of 36.46. Its P/E ratio went as low as 8.28X and as high as 29.05 over the 5-year span. Further, it is sporting a 2.95 on the Price-to-Sales ratio. Compare this with the industry average P/S of 78717.72. 35.2 percent is the gross profit margin for Twenty-First Century Fox, Inc. and operating margin sits at 15 percent. Along with this, the net profit margin is 16 percent.

On 11th of January, Twenty-First Century Fox, Inc. (NASDAQ:FOXA) shares ended lower after a volatile session. The shares dropped -0.1 points or -0.2 percent at $48.75 with a light trade volume of 7.629 million shares. After opening the session at $48.64, the shares went as high as $48.94 and as low as $48.6, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $90.3 billion and now has 1.85 billion shares outstanding. Twenty-First Century Fox, Inc. (FOXA) stock has lost -1 percent of market value in 21 trading days.

In last reported earnings results, FOXA earned $0.52 per share, in line with the $0.52, adjusted, expected by Thomson Reuters consensus estimate. Revenue was $7.18B, worse than the $7.22B analysts expected. Earnings are estimated to increase by 6 percent this year, 12.4 percent next year and continue to increase by 8.44 percent annually for the next 5 years. Investors will get their next glimpse of FOXA’s Q2 earnings on February 06. Analysts are forecasting revenue to climb 6.1 percent to $8.53B in the next fiscal quarter, while earnings are seen soaring by nearly -21.43 percent to $0.33 per share. History has shown that shares in Twenty-First Century Fox, Inc. have gone up on 12 different earnings reaction days and are predicted to add 0.03 percent when the company reports upcoming earnings.

FOXA stock has a trailing 3-year beta of 1.05, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was $1.95 a share in the trailing twelve months. The stock’s value has surged 1.31 percent year to date (YTD) against a rise of 36.94 percent in 12 month’s time. The company’s shares still trade -2.78 percent away from its 1-year high of $50.15 and 42.88 percent up from 52-week low of $34.12. The average consensus rating on the company is 2.3, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a sell.