Rep. Gilbert Ray Cisneros, Jr. Sells Off Fox Corporation (NASDAQ:FOX) Shares

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Fox Corporation (NASDAQ:FOX). In a filing disclosed on July 02nd, the Representative disclosed that they had sold between $1,001 and $15,000 in FOX stock on June 16th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of The Descartes Systems Group (NASDAQ:DSGX) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of Texas Roadhouse (NASDAQ:TXRH) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of Texas Capital Bancshares (NASDAQ:TCBI) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of Microchip Technology (NASDAQ:MCHP) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 6/30/2026.

FOX Price Performance

Shares of FOX remained flat at $50.56 during mid-day trading on Friday. The company’s stock had a trading volume of 2,112,225 shares, compared to its average volume of 2,952,964. The company has a market capitalization of $21.24 billion, a price-to-earnings ratio of 13.34, a P/E/G ratio of 1.44 and a beta of 0.57. The stock’s 50 day moving average price is $54.92 and its two-hundred day moving average price is $57.18. 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 Corporation has a 52-week low of $44.08 and a 52-week high of $68.18.

FOX (NASDAQ:FOX) last posted its quarterly earnings results on Monday, May 11th. The company reported $1.32 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.30. FOX had a return on equity of 18.90% and a net margin of 10.56%.The company had revenue of $3.99 billion during the quarter, compared to the consensus estimate of $3.78 billion. As a group, research analysts expect that Fox Corporation will post 4.78 earnings per share for the current fiscal year.

Institutional Trading of FOX

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. AQR Capital Management LLC grew its holdings in FOX by 65.6% during the 1st quarter. AQR Capital Management LLC now owns 26,715 shares of the company’s stock valued at $1,408,000 after buying an additional 10,579 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of FOX by 4.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,446 shares of the company’s stock worth $656,000 after buying an additional 586 shares in the last quarter. NewEdge Advisors LLC purchased a new stake in shares of FOX in the first quarter worth about $224,000. Woodline Partners LP boosted its position in shares of FOX by 40.7% in the first quarter. Woodline Partners LP now owns 11,145 shares of the company’s stock valued at $587,000 after acquiring an additional 3,222 shares during the period. Finally, Jane Street Group LLC boosted its position in shares of FOX by 427.0% in the first quarter. Jane Street Group LLC now owns 97,261 shares of the company’s stock valued at $5,127,000 after acquiring an additional 78,804 shares during the period. 26.41% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on FOX. Weiss Ratings upgraded shares of FOX from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, June 24th. Zacks Research cut shares of FOX from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Four research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $75.00.

Trending Headlines about FOX

Here are the key news stories impacting FOX this week:

• Negative Sentiment: Fox was downgraded by Zacks Research from “strong-buy” to “hold,” which may weigh on investor sentiment and suggests less near-term upside in the shares.
• Neutral Sentiment: TipRanks highlighted a possible larger strategic rationale behind Fox’s Roku purchase, but the piece is more speculative than fundamental and does not confirm a material change to earnings or guidance. Article Title
• Neutral Sentiment: Most of the Fox News items published in the last 24–36 hours were political, entertainment, and video segments that are unlikely to directly move Fox’s stock unless they affect viewership trends or advertising demand over time.
• Neutral Sentiment: Recent sports and lifestyle coverage, including Taylor Swift/Travis Kelce, Ovechkin, and other headline-driven stories, may support traffic and audience engagement, but there is no direct evidence here of a meaningful financial impact.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

FOX Company Profile

Fox Corporation (NASDAQ:FOX) is a U.S.-based media company that operates television broadcast, news and sports businesses. The company traces its contemporary structure to the 2019 reorganization that followed the sale of certain entertainment assets to The Walt Disney Company; Fox Corporation retained a portfolio centered on the Fox Broadcasting Company, Fox Television Stations, Fox News Media and Fox Sports. Over time the company has expanded its digital footprint through acquisitions and direct-to-consumer services, building a mix of linear and streaming distribution.

FOX’s core activities include the creation, aggregation and distribution of television programming and live sports, the operation of national cable news and business networks, and the ownership and operation of local broadcast stations.