3 days Ago By ABMN Staff
FuboTV Inc. ( NYSE:FUBO – Get Free Report ) has earned an average recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company.
The average twelve-month price objective among analysts that have covered the stock in the last year is $4.21. FUBO has been the topic of several recent analyst reports.
Needham & Company LLC boosted their target price on shares of FuboTV from $2.00 to $3.50 and gave the company a “buy” rating in a report on Monday, March 3rd.
Huber Research raised FuboTV to a “strong-buy” rating in a research note on Friday, January 31st. Roth Mkm reaffirmed a “neutral” rating and set a $4.75 target price (up previously from $2.
00) on shares of FuboTV in a research note on Tuesday, January 7th. UBS Group set a $3.50 target price on FuboTV in a report on Monday, March 3rd.
Finally, Wedbush restated an “outperform” rating and set a $6.40 price target on shares of FuboTV in a report on Friday, February 28th. Get Our Latest Report on FuboTV FuboTV Stock Performance Insider Buying and Selling at FuboTV In other FuboTV news, CFO John Janedis sold 25,823 shares of the firm’s stock in a transaction on Friday, February 21st.
The shares were sold at an average price of $4.16, for a total value of $107,423.68.
The transaction was disclosed in a document filed with the SEC, which is available through the SEC website . Insiders own 7.00% of the company’s stock.
Institutional Investors Weigh In On FuboTV A number of institutional investors and hedge funds have recently made changes to their positions in FUBO. FMR LLC increased its holdings in FuboTV by 84.5% during the 3rd quarter.
FMR LLC now owns 101,914 shares of the company’s stock worth $145,000 after purchasing an additional 46,670 shares in the last quarter. State Street Corp grew its holdings in FuboTV by 1.9% during the third quarter.
State Street Corp now owns 6,934,875 shares of the company’s stock worth $9,848,000 after buying an additional 132,167 shares in the last quarter. Barclays PLC raised its position in FuboTV by 121.3% in the 3rd quarter.
Barclays PLC now owns 1,256,459 shares of the company’s stock valued at $1,784,000 after buying an additional 688,625 shares during the last quarter. Geode Capital Management LLC raised its position in FuboTV by 6.4% in the 3rd quarter.
Geode Capital Management LLC now owns 7,102,040 shares of the company’s stock valued at $10,087,000 after buying an additional 425,906 shares during the last quarter. Finally, EWG Elevate Inc. lifted its stake in FuboTV by 50.
0% during the 4th quarter. EWG Elevate Inc. now owns 30,000 shares of the company’s stock valued at $38,000 after acquiring an additional 10,000 shares in the last quarter.
Institutional investors and hedge funds own 39.31% of the company’s stock. About FuboTV ( Get Free Report fuboTV, Inc engages in providing subscription to sports, news, and entertainment content.
It offers its services through streaming devices and on television, mobile phones, tablets, and computers. The company was founded by David Gandler, Alberto Horihuela Suarez, and Sung Ho Choi on February 20, 2009 and is headquartered in New York, NY. Further Reading Receive News & Ratings for FuboTV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FuboTV and related companies with MarketBeat.
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