FOX Fox Corporation Class B Common Stock
XNAS
60.23
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
FOX
$60.23
—
What changed
Recent filings, trades and movesKey stats
$60.23
- 52-Week Range
- $44.08 – $68.17
- YTD
- -8.68%
- IV Rank (30D)
- 69.89
- Straddle Price
- $6.60
- P/C Vol Ratio
- 0.74
- Market Cap
- $25.1B
- Open
- $59.85
- Day Range
- $59.47 – $62.47
- Volume
- 456,567
- Prev Close
- $59.50
Fair Value
MODEL: SHORT
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 4.90% |
| Beta vs SPY | 0.72 |
| Cost of Equity (CAPM) | 8.49% (VRP-adj) |
| WACC | 7.84% |
| Volatility Risk Premium | +16.8pp (IV − HV30) |
| Effective Tax Rate | 24.9% |
| Rev. Growth (YoY, DCF input) | -10.0% |
| DCF Horizon | 10 years explicit + fade |
| Free Cash Flow (TTM) | $2.2B |
| Return on Equity (TTM) | 16.3% |
| Book / Price | 49.4% — banking bias active (P/B is primary) |
| Gross Margin (TTM) | 100.0% |
| FCF Margin (TTM) | 12.3% |
| Debt / Equity | 0.53 |
| Quality Score | 2/6 — normal (10y DCF) |
| Market-Implied Growth | -4.5% (reverse-DCF on current price) |
| SMA 50 | $57.92 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $58.05 |
| Bollinger Width / SMA20 | 12.1% (drives anchor stability) |
| Net Debt | $2.1B |
| Market Cap | $25B |
Peers used for multiples: CMCSA, DIS, T, TMUS, VZ
(filtered from 8 ETF-co-members; sector bias active)
60-Day Conviction
50%
20-Day Fair Value
≈ by Dec 8, 2026
$59.87
α -0.7%
rank 31%
conviction
52%
40-Day Fair Value
≈ by Jan 6, 2027
$59.94
α -0.6%
rank 31%
conviction
24%
60-Day Fair Value
≈ by Feb 4, 2027
$59.17
α -1.9%
rank 31%
conviction
50%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $40.82 | 25% | |
| DDM (Gordon) | $2.77 | 0% | |
| Peer P/E | $54.82 | 11% | median 11.6× · 5 peers |
| Peer EV/EBITDA | $71.19 | 11% | median 7.3× · 5 peers |
| Peer P/B | $52.87 | 2% | median 1.8× · 5 peers |
| Peer P/S | $57.49 | 7% | median 1.4× · 5 peers |
| Market Anchor (SMA50) | $57.92 | 44% | stability 89% (BB-width) |
| Options Expected (B-L 30d) | $60.23 | 0% | 9 strikes · skew +0.48 |
As of 2026-11-09 · updated
Related
About
- Industry (SIC)
- TELEVISION BROADCASTING STATIONS (4833) · industry map
- Exchange
- XNAS
- Market Cap
- $25.1B
- Employees
- 10,550
- List Date
- 2019-02-27
- CIK
- 0001754301
- Last Earnings
- Nov 2 before open · −0.4% vs ±9.5% expected
- Next Earnings
- ~Feb 3, 2027 (estimated)
- Headquarters
- New York, NY
- Homepage
- https://www.foxcorporation.com
Fox operates in two segments: cable networks and television. Cable networks primarily includes Fox News, Fox Business, and several pay-TV sports stations. Television primarily includes the Fox broadcast network, 29 owned and operated local television stations, of which 18 are affiliated with the Fox network, and streaming platform Tubi, which is not subscription-based and is completely ad-supported. Fox effectively sold most of its entertainment assets to Disney in 2019, so it no longer creates entertainment content and relies heavily on live news and sports, with nearly all tied to the pay-TV…
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 5.21% | 6.26% | 11.86% | 6.65% | 5.10% | -0.59% | 5.75% |
| Feb | 4.18% | 3.43% | 0.75% | -9.10% | 9.92% | -20.76% | -1.93% |
| Mar | 4.61% | -3.61% | -2.28% | 6.04% | -1.38% | 2.14% | 0.92% |
| Apr | 3.94% | -8.10% | -2.65% | 0.31% | -10.68% | 7.83% | -1.56% |
| May | 1.40% | -3.40% | -4.60% | 10.63% | 9.61% | 0.81% | 2.41% |
| Jun | -2.20% | -7.62% | 9.21% | -0.81% | 2.08% | -21.72% | -3.51% |
| Jul | -6.52% | 1.01% | -2.51% | 11.42% | -0.87% | 6.76% | 1.55% |
| Aug | 4.03% | 1.67% | -2.27% | 9.18% | 7.53% | 14.44% | 5.76% |
| Sep | 8.41% | -9.61% | 0.45% | 2.02% | 3.00% | -4.62% | -0.06% |
| Oct | -1.91% | -6.34% | -2.31% | -0.10% | 4.40% | 2.33% | -0.65% |
| Nov | -12.00% | 6.68% | -0.86% | 15.02% | 1.64% | 7.81%* | 3.05% |
| Dec | 6.36% | -6.04% | -2.16% | 2.99% | 9.42% | -- | 2.11% |
| Total | 14.39% | -24.29% | 1.30% | 66.19% | 45.15% | -11.98% | 15.13% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $58.26
SMA 50: $57.90
SMA 200: $55.72
Current: $60.23
EMA 12: $58.90
EMA 26: $58.26
MACD: 0.6441 | Signal: 0.2784
BULLISH
ADX (14): 16.99
RANGE
+DI: 24.61
−DI: 16.19
Momentum Oscillators
RSI (14): 56.90
NEUTRAL
Stoch %K: 63.88
Stoch %D: 71.55
Williams %R: -31.52
Volume & Volatility
BB Upper: $61.76
BB Lower: $54.76
NEUTRAL
OBV: 39,503,365
Vol SMA 20: 890,124
Vol ROC: -30.43%
ATR: $2.26
True Range: $3.00
HV 20: 38.6%
HV 30: 34.7%
HV 60: 30.8%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-11-08T00:00:00 – 2026-11-06T00:00:00
AI Analysis
Written before FOX’s Nov 2 earnings report, so it doesn’t reflect the results.
LLM Stock Analysis Report
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers:
- Bullish technical indicators, including a bullish MACD signal
- Neutral RSI reading (50.45)
- Low volatility (beta = 0.09) and low stock volatility (0.34)
Primary Risks:
- Negative news sentiment from recent headlines (e.g., Roku Insider Sells Shares)
- Potential catalysts (e.g., earnings, regulatory changes) may not materialize
Investment Thesis: FOX appears to be in a neutral phase, with both bullish and bearish factors at play. While the technical indicators suggest a potential uptrend, the low volatility and neutral RSI reading temper this enthusiasm. Further analysis is needed to determine the stock's true direction.
Recent News Sentiment Impact: The recent news headlines have had mixed effects on sentiment, with negative sentiments from the Roku Insider Sells Shares article offset by positive sentiments from the Netflix Is Down 43% From Its Most Recent High article.
Technical Analysis
Trend Direction: Medium-term (1-3 months)
Support/Resistance Levels: Key levels to monitor include:
- SMA 20: $59.92
- SMA 50: $54.30
- Upper Bollinger Band: $63.98
- Middle Bollinger Band: $59.92
Momentum Signals:
- MACD signal line crossover above = bullish momentum
- RSI neutral reading (50.45)
- Bollinger Bands signal: neutral
Volume Analysis: Volume trends and institutional interest signals:
- Volume SMA 20: 982211.00
- On-Balance Volume (OBV): 47288819.59
- Volume Rate of Change: 83.10%
News & Sentiment Analysis
Recent Headlines Summary: The recent headlines have been mixed, with both positive and negative sentiments expressed.
Sentiment Assessment: Aggregate news sentiment is NEUTRAL.
Catalyst Identification: Upcoming earnings may serve as a catalyst, but no specific date is available.
Market Narrative: The market narrative suggests that FOX's technical indicators are aligned with the recent news headlines, which have been mixed.
Risk & Volatility Assessment
Beta Interpretation: Low risk (beta = 0.09) relative to the market.
Volatility Regime: Current volatility is low compared to historical levels.
Options Market Signals:
- IV Rank: Medium (26.9%)
- Current IV: 61.2%
- Expected Move: $5.40
- Volume Flow: Bullish sentiment
Market Context & Positioning
Sector Performance: FOX's performance relative to its sector is neutral.
Institutional Activity: Institutional interest appears moderate, with a volume flow of 106 calls vs 20 puts.
Correlation Analysis: The stock's correlation with the market is low (0.03).
Relative Valuation: Position within trading range: FOX appears fairly valued compared to its peers.
Key Levels & Action Items
Critical Price Levels: Support/resistance levels to monitor:
- SMA 20: $59.92
- SMA 50: $54.30
- Upper Bollinger Band: $63.98
- Middle Bollinger Band: $59.92
Breakout/Breakdown Levels: Technical levels that could trigger significant moves:
- SMA 20: $59.92 (breakout/breakdown)
- SMA 50: $54.30 (breakout/breakdown)
Time-Sensitive Catalysts: Earnings may serve as a catalyst, but no specific date is available.
Risk Management: Stop-loss levels and position sizing considerations:
- Set stop-loss at SMA 20 ($59.92) for a potential breakout
- Consider scaling into a long position with a target of $63.98 (Upper Bollinger Band)
Please note that this analysis is based on the provided data, and further research may be necessary to confirm or contradict these findings.
Generated
News
All FOX news →
Earnings History
21 of 23 under expected move
Avg Expected Move
6.67%
Avg Actual Move
3.86%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-02-09 | Pre-Market | 7.92% | 5.90% | 0.74x | Within |
| 2021-08-04 | Pre-Market | 1.68% | 0.55% | 0.33x | Within |
| 2021-11-03 | Pre-Market | 2.59% | 0.13% | 0.05x | Within |
| 2022-02-09 | Pre-Market | 9.10% | 6.88% | 0.76x | Within |
| 2022-05-10 | Pre-Market | 3.27% | 2.19% | 0.67x | Within |
| 2022-08-10 | Pre-Market | 8.29% | 3.25% | 0.39x | Within |
| 2022-11-01 | Pre-Market | 9.74% | 5.18% | 0.53x | Within |
| 2023-02-08 | Pre-Market | 8.81% | 4.43% | 0.50x | Within |
| 2023-05-09 | Pre-Market | 5.68% | 1.49% | 0.26x | Within |
| 2023-08-08 | Pre-Market | 6.20% | 5.56% | 0.90x | Within |
| 2023-11-02 | Pre-Market | 9.32% | 1.97% | 0.21x | Within |
| 2024-02-07 | Pre-Market | 5.39% | 6.48% | 1.20x | Exceeded |
| 2024-05-08 | Pre-Market | 5.13% | 2.48% | 0.48x | Within |
| 2024-08-06 | Pre-Market | 9.84% | 6.32% | 0.64x | Within |
| 2024-11-04 | After-Close | 4.19% | 1.75% | 0.42x | Within |
| 2025-02-04 | Pre-Market | 7.17% | 4.80% | 0.67x | Within |
| 2025-05-12 | Pre-Market | 7.49% | 4.28% | 0.57x | Within |
| 2025-08-05 | Pre-Market | 6.87% | 3.75% | 0.55x | Within |
| 2025-10-30 | Pre-Market | 6.58% | 8.24% | 1.25x | Exceeded |
| 2026-02-04 | Pre-Market | 6.17% | 3.77% | 0.61x | Within |
| 2026-05-11 | After-Close | 3.68% | 2.80% | 0.76x | Within |
| 2026-08-06 | Pre-Market | 8.81% | 6.07% | 0.69x | Within |
| 2026-11-02 | Pre-Market | 9.52% | 0.43% | 0.05x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
FOX Options Activity & IV Rank
FOX IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 43.6%
7-DTE IV: 55.2%
Expected Move: $6.60
7-DTE Move: $4.62
Days to Exp: 39 (2026-12-18)
Options Flow · All expiries
Call Volume: 121
Put Volume: 90
P/C Volume: 0.744
NEUTRAL
Call OI: 834
Put OI: 275
P/C OI: 0.33
Total OI: 1,109
ATM Options Pricing
ATM Call: $3.45
ATM Put: $3.15
Call %: 5.7%
Put %: 5.2%
Chain Summary
Chain Volume: 211
Chain OI: 1,109
Last Updated: 11/9/2026
Spread Scanner
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Scanning bull put, bear call, iron condor and calendar spreads…
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 65th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
65%
vs own history
GEX tilt
+0.84
OI-weighted, today
Vanna tilt
-0.44
δ-sensitivity to IV
Charm tilt
-0.15
δ-decay vs time
Vanna tilt -0.44: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably if implied volatility changed.
? What is this?
· 8 ATM contracts, 0k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
No data
30 DTE / 10d
—
—
pts
EXTREME
No data
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Loading the implied volatility surface…
Volatility Smile
Loading the implied volatility smile…
IV Rank (7 DTE)48.0MediumNov 9
IV Rank (30 DTE)69.9MediumNov 9
Straddle Price (30 DTE)$6.60Nov 9
Beta Analysis
Risk Metrics
Beta: 0.1559
Alpha: 5.36%
Correlation: 0.0630
R-Squared: 0.4%
Stock Volatility: 34.1%
Market Volatility: 13.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own FOX
5 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Citadel Hedge fund Ken Griffin | $66.6M | #551 of 6285 | +381.9% | 13F | |
| Duquesne Family Office Family office Stanley Druckenmiller | $29.6M | #30 of 86 | new | 13F | |
| Millennium Management Hedge fund Izzy Englander | $18.5M | #1180 of 3716 | -41.7% | 13F | |
| Renaissance Technologies Hedge fund Jim Simons | $3.3M | #1681 of 3138 | new | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $27K | #3639 of 4729 | -9.3% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
FOX Institutional Ownership (13F)
Filings for 2026-06-30 · 231 already for 2026-09-30
? 13F Guide
Diluted shares outstanding: 432,250,000 (as of 2026-09-30)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
5 filers$26.92M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | IMC-Chicago, LLC Custodian | $14.04M | 52.16% | 2026-09-30 |
| 2 | Simplex Trading, LLC Custodian | $7.28M | 27.04% | 2026-09-30 |
| 3 | Jane Street Group, LLC Custodian | $4.09M | 15.21% | 2026-06-30 |
| 4 | GROUP ONE TRADING LLC Custodian | $918.02K | 3.41% | 2026-06-30 |
| 5 | Citadel Advisors LLC Custodian | $585.50K | 2.18% | 2026-06-30 |
6 filers$7.20M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | IMC-Chicago, LLC Custodian | $3.40M | 47.22% | 2026-09-30 |
| 2 | Susquehanna International Group, LLP Custodian | $1.53M | 21.19% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $1.36M | 18.92% | 2026-06-30 |
| 4 | Simplex Trading, LLC Custodian | $444.10K | 6.16% | 2026-09-30 |
| 5 | Jane Street Group, LLC Custodian | $281.04K | 3.90% | 2026-06-30 |
| 6 | GROUP ONE TRADING LLC Custodian | $187.78K | 2.61% | 2026-06-30 |
FOX Board & Officers
As of SEC filings through Nov 5, 2026Directors 7
- Lachlan K Murdoch · since Feb 5, 2019
- Chase Carey · since Mar 14, 2019
- Paul D Ryan · since Mar 14, 2019
- Roland A Hernandez · since Mar 14, 2019
- William A Burck · since Jun 17, 2021
- Anthony J Abbott · since Nov 17, 2023
- Margaret L Johnson · since Nov 17, 2023
Officers 4
- Lachlan K Murdoch · Executive Chair, CEO · listed since Jun 2019
- John Nallen · President, COO · listed since Mar 2025
- Steven Tomsic · Chief Financial Officer · since Feb 5, 2019
- Adam G. Ciongoli · Chief Legal and Policy Officer · since Dec 1, 2023
10% owners 6
- Cruden 2, LLC (entity) · since Sep 7, 2025
- EM 2025 Family Trust (entity) · since Sep 6, 2025
- LGC Holdco, LLC (entity) · since Sep 7, 2025
- MFT SH Family Trust (entity) · since Sep 6, 2025
- MacLeod Family Discretionary Trust (entity) · since Sep 6, 2025
- Michael Craig Roberson · since Sep 7, 2025
Changes in the last 10 years (33)
| Sep 9, 2025 | Murdoch Family Trust reported in an SEC filing no longer being a 10% owner |
| Sep 9, 2025 | Cruden Financial Services LLC reported in an SEC filing no longer being a 10% owner |
| Sep 7, 2025 | Michael Craig Roberson became a 10% owner |
| Sep 7, 2025 | LGC Holdco, LLC became a 10% owner |
| Sep 7, 2025 | Cruden 2, LLC became a 10% owner |
| Sep 6, 2025 | MacLeod Family Discretionary Trust became a 10% owner |
| Sep 6, 2025 | MFT SH Family Trust became a 10% owner |
| Sep 6, 2025 | EM 2025 Family Trust became a 10% owner |
| Mar 27, 2025 | John Nallen listed as President, COO (previously Chief Operating Officer) in SEC filings |
| Dec 1, 2023 | Adam G. Ciongoli became Chief Legal and Policy Officer |
| Nov 20, 2023 | Keith Rupert Murdoch no longer listed as a director in SEC filings |
| Nov 20, 2023 | Keith Rupert Murdoch no longer listed as Chairman in SEC filings |
| Nov 17, 2023 | Margaret L Johnson became a director |
| Nov 17, 2023 | Anthony J Abbott became a director |
| Aug 11, 2023 | The company announced the departure of Viet D Dinh as Chief Legal and Policy Officer in an SEC filing |
| Jun 17, 2021 | William A Burck became a director |
| Jun 5, 2019 | Lachlan K Murdoch listed as Executive Chair, CEO (previously Chairman and CEO) in SEC filings |
| Mar 20, 2019 | Twenty-First Century Fox, Inc. reported in an SEC filing no longer being a 10% owner |
| Mar 19, 2019 | Murdoch Family Trust became a 10% owner |
| Mar 19, 2019 | Cruden Financial Services LLC became a 10% owner |
| Mar 14, 2019 | Roland A Hernandez became a director |
| Mar 14, 2019 | Paul D Ryan became a director |
| Mar 14, 2019 | Chase Carey became a director |
| Mar 14, 2019 | Anne Dias became a director |
| Feb 5, 2019 | Viet D Dinh became Chief Legal and Policy Officer |
| Feb 5, 2019 | Twenty-First Century Fox, Inc. became a 10% owner |
| Feb 5, 2019 | Steven Tomsic became Chief Financial Officer |
| Feb 5, 2019 | Lachlan K Murdoch became a director |
| Feb 5, 2019 | Lachlan K Murdoch became Chairman and CEO |
| Feb 5, 2019 | Keith Rupert Murdoch became a director |
| Feb 5, 2019 | Keith Rupert Murdoch became Chairman |
| Feb 5, 2019 | John Nallen became Chief Operating Officer |
| Feb 5, 2019 | Jacques A Nasser became a director |
Not reported recently (2)
- Jacques A Nasser · Last reported as a director in an SEC filing dated Sep 28, 2023
- Anne Dias · Last reported as a director in an SEC filing dated Sep 28, 2023
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
FOX Proposed Insider Sales (Form 144)
Latest: 2026-03-13
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
0 filings
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-03-13 | Lachlan K. Murdoch | Executive Chair and CEO | 462,380 | $26.70M | 2026-03-13 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2026-03-12 | Lachlan K. Murdoch | Executive Chair and CEO | 247,257 | $14.27M | 2026-03-12 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2026-03-12 | John Nallen | President and COO | 216,806 | $12.51M | 2026-03-12 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2026-03-11 | Lachlan K. Murdoch | Executive Chair and CEO | 242,747 | $14.12M | 2026-03-11 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2026-03-11 | John Nallen | President and COO | 242,309 | $14.09M | 2026-03-11 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2025-12-09 | Adam G. Ciongoli | Chief Legal and Policy Officer | 29,897 | $2.07M | 2025-12-09 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2025-11-21 | Keith Rupert Murdoch | Chairman Emeritus | 100,000 | $5.87M | 2025-11-21 | J.P. Morgan Securities LLC | — | EDGAR |
| 2025-11-10 | Steven Tomsic | Chief Financial Officer | 138,397 | $9.21M | 2025-11-10 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2025-11-07 | Keith Rupert Murdoch | Chairman Emeritus | 168,756 | $11.09M | 2025-11-07 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2025-10-31 | PAUL D RYAN | Director | 17,767 | $1.14M | 2025-10-31 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-11-06
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
| Filing Date | Event | Link |
|---|---|---|
| 2026-11-06 | Material agreement · Acquisition or sale completed · New debt obligation · Director or officer change · Regulation FD disclosure | EDGAR |
| 2026-11-04 | Shareholder vote results | EDGAR |
| 2026-11-02 | Earnings results | EDGAR |
| 2026-10-20 | Director or officer change | EDGAR |
| 2026-10-14 | Shareholder vote results | EDGAR |
| 2026-10-06 | Other events | EDGAR |
| 2026-09-09 | Other events | EDGAR |
| 2026-08-06 | Earnings results | EDGAR |
| 2026-06-30 | Material agreement · New debt obligation | EDGAR |
| 2026-06-15 | Material agreement | EDGAR |
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-08-06 | 0001628280-26-053960 | EDGAR |
| 2025-08-06 | 0001628280-25-038077 | EDGAR |
| 2024-08-08 | 0001628280-24-036123 | EDGAR |
| 2023-08-11 | 0001628280-23-029065 | EDGAR |
| 2022-08-12 | 0001628280-22-022584 | EDGAR |
| 2021-08-10 | 0001564590-21-043103 | EDGAR |
| 2020-08-10 | 0001564590-20-038975 | EDGAR |
| 2019-08-09 | 0001564590-19-031285 | EDGAR |
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-11-02 | 0001628280-26-068670 | EDGAR |
| 2026-05-11 | 0001628280-26-033172 | EDGAR |
| 2026-02-04 | 0001628280-26-005285 | EDGAR |
| 2025-10-30 | 0001628280-25-047354 | EDGAR |
| 2025-05-12 | 0001628280-25-024466 | EDGAR |
| 2025-02-04 | 0001628280-25-003592 | EDGAR |
| 2024-11-04 | 0001628280-24-044851 | EDGAR |
| 2024-05-08 | 0001628280-24-021664 | EDGAR |
| 2024-02-07 | 0001628280-24-003624 | EDGAR |
| 2023-11-02 | 0001628280-23-036233 | EDGAR |
ETF Holders
211 ETFs hold FOX
25 shown · $1.49B total exposure · 0.03% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | XLC State Street® Communication Services Select Sector SPDR® ETF | SPDR (State Street) | 1.13% | $244.7M | $21.6B | 2026-11-05 |
| 2 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.01% | $211.6M | — | 2026-09-30 |
| 3 | VOO Vanguard S&P 500 ETF | Vanguard | 0.01% | $198.9M | — | 2026-09-30 |
| 4 | VO Vanguard Morningstar Mid-Cap ETF | Vanguard | 0.07% | $146.2M | — | 2026-09-30 |
| 5 | IVV iShares Core S&P 500 ETF | iShares (BlackRock) | 0.01% | $107.6M | $852.9B | 2026-11-06 |
| 6 | SPY State Street® SPDR® S&P 500® ETF Trust | SPDR (State Street) | 0.01% | $98.8M | $777.7B | 2026-11-05 |
| 7 | RSP Invesco S&P 500 Equal Weight ETF | Invesco | 0.08% | $79.4M | — | 2026-11-05 |
| 8 | VTV Vanguard Morningstar Value ETF | Vanguard | 0.03% | $64.9M | — | 2026-09-30 |
| 9 | VOE Vanguard Morningstar Mid-Cap Value ETF | Vanguard | 0.12% | $42.7M | — | 2026-09-30 |
| 10 | IWR iShares Russell Mid-Cap ETF | iShares (BlackRock) | 0.06% | $34.5M | $56.9B | 2026-11-06 |
| 11 | DFAC Dimensional US Core Equity 2 ETF | Dimensional | 0.04% | $31.8M | — | 2026-11-05 |
| 12 | VYM Vanguard High Dividend Yield ETF | Vanguard | 0.03% | $31.0M | — | 2026-09-30 |
| 13 | VOX Vanguard Communication Services ETF | Vanguard | 0.44% | $27.6M | — | 2026-09-30 |
| 14 | GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF | Goldman | 0.18% | $25.9M | $14.6B | 2026-11-05 |
| 15 | SPYM State Street® SPDR® Portfolio S&P 500® ETF | SPDR (State Street) | 0.01% | $22.6M | $177.9B | 2026-11-05 |
| 16 | IWD iShares Russell 1000 Value ETF | iShares (BlackRock) | 0.02% | $18.0M | $82.9B | 2026-11-06 |
| 17 | VT Vanguard Total World Stock ETF | Vanguard | 0.01% | $14.7M | — | 2026-09-30 |
| 18 | DCOR Dimensional US Core Equity 1 ETF | Dimensional | 0.03% | $13.6M | — | 2026-11-05 |
| 19 | VXUS Vanguard Total International Stock ETF | Vanguard | 0.00% | $13.1M | — | 2026-09-30 |
| 20 | ITOT iShares Core S&P Total U.S. Stock Market ETF | iShares (BlackRock) | 0.01% | $11.8M | $93.2B | 2026-11-06 |
| 21 | IWS iShares Russell Mid-Cap Value ETF | iShares (BlackRock) | 0.08% | $11.6M | $14.8B | 2026-11-06 |
| 22 | DFUV Dimensional US Marketwide Value ETF | Dimensional | 0.07% | $11.3M | $15.3B | 2026-11-05 |
| 23 | IVW iShares S&P 500 Growth ETF | iShares (BlackRock) | 0.02% | $11.3M | $71.7B | 2026-11-06 |
| 24 | VLUE iShares MSCI USA Value Factor ETF | iShares (BlackRock) | 0.12% | $10.6M | $8.9B | 2026-11-06 |
| 25 | VEA Vanguard FTSE Developed Markets ETF | Vanguard | 0.00% | $8.7M | — | 2026-09-30 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
12.81
TTM Diluted EPS
$4.71
TTM Revenue
$17.96B
TTM Net Income
$2.03B
TTM Op. Cash Flow
$2.72B
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q1 '27 | 2026-09-30 | $4.57B | $943.00M | $2.20 | $616.00M |
| Q4 '26 | 2026-06-30 | $4.21B | $691.00M | $1.60 | $867.00M |
| Q3 '26 | 2026-03-31 | $3.99B | $166.00M | $0.38 | $1.90B |
| Q2 '26 | 2025-12-31 | $5.18B | $229.00M | $0.52 | $-669.00M |
| Q1 '26 | 2025-09-30 | $3.74B | $599.00M | $1.32 | $-130.00M |
| Q4 '25 | 2025-06-30 | $3.29B | $717.00M | $1.56 | $1.51B |
| Q3 '25 | 2025-03-31 | $4.37B | $346.00M | $0.75 | $2.02B |
| Q2 '25 | 2024-12-31 | $5.08B | $373.00M | $0.81 | $-362.00M |
| Q1 '25 | 2024-09-30 | $3.56B | $827.00M | $1.78 | $158.00M |
| Q4 '24 | 2024-06-30 | $3.09B | $319.00M | $0.69 | $899.00M |
| Q3 '24 | 2024-03-31 | $3.45B | $666.00M | $1.40 | $1.48B |
| Q2 '24 | 2023-12-31 | $4.23B | $109.00M | $0.23 | $-536.00M |
Q1 2027 • period ending 2026-09-30 • filed 2026-11-02
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
12.81
P/B
2.27
P/S
1.56
EV/EBITDA
7.44
EV/Sales
1.70
ROE
14.4%
ROA
7.5%
Div Yield
1.11%
FCF Yield
7.39%
Debt/Equity
0.56
Current Ratio
—
Market Cap
$26.65B
as of 2026-11-09
FOX vs Peers
Related companies, largest first| Company | Market cap | P/E | Revenue growth | YTD | IV rank |
|---|---|---|---|---|---|
| NFLX NetFlix Inc | $248.1B | 20.0 | +14.7% | −30.0% | 19 |
| DIS The Walt Disney Company | $201.6B | 24.5 | +4.6% | +6.2% | 87 |
| VZ Verizon Communications | $189.4B | 11.8 | +1.4% | +13.9% | 19 |
| TMUS T-Mobile US, Inc. | $171.6B | 16.3 | +9.3% | −15.6% | 46 |
| T AT&T Inc. | $145.7B | 11.7 | +3.5% | −11.6% | 51 |
| CMCSA Comcast Corp | $86.6B | 7.7 | −0.2% | −17.3% | 35 |
| FWONA Liberty Media Corporation Series A Commo | $25.3B | 0.0 | — | +14.4% | 58 |
| FOX Fox Corporation Class B Common Stock | $25.1B | 12.8 | +9.0% | −8.7% | 70 |
| MSGS Madison Square Garden Sports Corp. | $9.3B | 1325.5 | +11.0% | +48.5% | — |
| Peer median | $158.7B | 14.1 | +4.6% | −2.7% | 46 |
P/E uses the latest reported trailing-12-month diluted EPS; "—" means no positive earnings or no data.
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
9.05M
SI % of Float
6.76%
Days to Cover
11.17
Short Vol Ratio
37.5%
Free Float
133.76M
Float %
60.7%
Short interest 2026-10-15 • Short volume 2026-11-06 • Float 2026-09-24