Fox Corp Shares Jump 5.33% on $240M Volume, Ranking 488th in Market Activity

On August 13, 2025, Fox Corporation (FOXA) surged 5.33% as trading volume hit $0.24 billion, a 38.96% increase from the previous day, ranking it 488th in market activity. Institutional investors bolstered their stakes, with Deutsche Bank AG raising holdings by 10.9% to 1.004 million shares, valued at $52.9 million. Other firms, including O Shaughnessy Asset Management and Russell Investments, also increased positions, collectively amplifying institutional ownership to 26.41% of the stock.

The company reported Q2 earnings of $1.27 per share, exceeding estimates of $1.03, with revenue of $3.29 billion. It declared a $0.28 per share dividend, payable September 24, reflecting a 11% payout ratio. The move followed strategic initiatives, including the launch of a streaming platform in August 2025 and a planned bundle with ESPN, signaling long-term growth focus.

Institutional confidence was further underscored by new investments from entities like KLP Kapitalforvaltning and Tabor Asset Management, while insiders sold portions of their holdings. Despite mixed institutional activity, the stock’s 52-week high of $55.00 and strong earnings performance highlighted its appeal. Analysts maintained a “Hold” rating, though recent inflows suggested short-term optimism.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day yielded a $2,550 profit from 2022 to the present, with a maximum drawdown of -15.4% recorded on October 27, 2022.