Tomsic Steven, an insider at Fox Corp (FOXA), has purchased 250,647 shares of the company's stock at a price of $40.26 per share, amounting to a total transaction value of $10.09 million. Following this acquisition, Tomsic now holds 250,647 shares in the media company.
Fox Corp engages in providing television production and broadcasting services, operating segments that include Cable Network Programming, Television, Credible, and the FOX Studio Lot. The company, headquartered in New York City, employs 10,400 full-time staff and went public on February 27, 2019. As of November 8, 2025, Fox Corp has a market capitalisation of $28.0 billion, a P/E ratio of 13.78, and an EPS of 4.44. The dividend yield stands at 85.2%.
The move underscores the potential confidence insiders may have in the company's prospects, although it is essential for investors to consider such transactions alongside broader market data and trends. Insider transactions are reported to the SEC, providing transparency regarding executive sentiment towards their stock. However, reliance on single insider actions should be tempered with caution, as various personal or regulatory factors may influence such decisions.
Investors are encouraged to examine patterns of insider activity over time and across different insiders to gain a comprehensive understanding of market sentiment. Upcoming earnings reports are scheduled for August 2, 2026, with an estimated EPS of $1.33 and revenue of $3.7 billion, and for May 10, 2026, with an estimated EPS of $1.15 and revenue of $3.9 billion.