Steven Tomsic, an insider at Fox Corp (FOXA), sold 180,556 shares of the company on November 9, 2025, at a price of $66.54 per share, totaling $12.01 million. Following this transaction, Tomsic retains 180,556 shares of Fox Corp.
Such decisions reflect various personal or financial strategies, including diversification or tax planning. While significant insider selling can attract attention, it does not inherently signal negative sentiment toward the company. Investors are encouraged to consider insider transactions in the context of broader patterns rather than isolated events.
Fox Corp operates in the media industry, providing television production and broadcasting services. The company, headquartered in New York City, has a market capitalization of $28.0 billion and a P/E ratio of 13.78. With an upcoming earnings report scheduled for August 2, 2026, analysts estimate an EPS of $1.33 and revenue of $3.7 billion. As of now, Fox Corp offers a dividend yield of 85.2%, reflecting its commitment to returning value to shareholders.
Insider transactions must be reported to the SEC, ensuring transparency regarding how executives and board members view their stock. Investors should analyze multiple insider activities over time to gain a comprehensive understanding of potential market signals.