2 weeks Ago By Defense World Staff
Xponance Inc. raised its position in FuboTV Inc. ( NYSE:FUBO – Free Report ) by 19.
1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,002 shares of the company’s stock after purchasing an additional 3,689 shares during the quarter. Xponance Inc.
’s holdings in FuboTV were worth $29,000 as of its most recent SEC filing. A number of other large investors also recently added to or reduced their stakes in the company. Barclays PLC grew its stake in shares of FuboTV by 121.
3% in the third quarter. Barclays PLC now owns 1,256,459 shares of the company’s stock worth $1,784,000 after acquiring an additional 688,625 shares in the last quarter. USAdvisors Wealth Management LLC boosted its holdings in FuboTV by 156.
0% in the fourth quarter. USAdvisors Wealth Management LLC now owns 128,000 shares of the company’s stock valued at $161,000 after purchasing an additional 78,000 shares during the period. Geode Capital Management LLC grew its stake in FuboTV by 6.
4% during the 3rd quarter. Geode Capital Management LLC now owns 7,102,040 shares of the company’s stock worth $10,087,000 after purchasing an additional 425,906 shares in the last quarter. SBI Securities Co.
Ltd. purchased a new stake in FuboTV during the 4th quarter worth about $57,000. Finally, Charles Schwab Investment Management Inc.
increased its holdings in FuboTV by 8.4% during the 3rd quarter. Charles Schwab Investment Management Inc.
now owns 2,588,921 shares of the company’s stock worth $3,676,000 after purchasing an additional 200,154 shares during the period. 39.31% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In FUBO has been the subject of a number of recent research reports. UBS Group set a $3.50 price target on shares of FuboTV in a research note on Monday, March 3rd.
Wedbush reaffirmed an “outperform” rating and set a $6.40 price objective on shares of FuboTV in a research report on Friday, February 28th. Needham & Company LLC increased their target price on 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 report on Friday, January 31st.
Finally, Roth Mkm reaffirmed a “neutral” rating and set a $4.75 price objective (up from $2.00) on shares of FuboTV in a research report on Tuesday, January 7th.
Three analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $4.21.
FuboTV Price Performance FuboTV stock opened at $2.91 on Friday. The company has a quick ratio of 0.
54, a current ratio of 0.54 and a debt-to-equity ratio of 1.50.
The firm’s 50-day simple moving average is $3.57 and its 200 day simple moving average is $2.46.
FuboTV Inc. has a 52 week low of $1.10 and a 52 week high of $6.
45. The firm has a market capitalization of $991.99 million, a PE ratio of -4.
34 and a beta of 2.02. Insider Buying and Selling at FuboTV In related news, COO Alberto Horihuela sold 403,847 shares of the company’s stock in a transaction that occurred on Tuesday, January 7th.
The shares were sold at an average price of $6.03, for a total transaction of $2,435,197.41.
Following the completion of the transaction, the chief operating officer now owns 1,449,751 shares of the company’s stock, valued at approximately $8,741,998.53. This represents a 21.
79 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink . Also, CFO John Janedis sold 25,823 shares of the stock in a transaction on Friday, February 21st.
The stock was sold at an average price of $4.16, for a total value of $107,423.68.
The disclosure for this sale can be found here . In the last ninety days, insiders have sold 1,861,426 shares of company stock worth $9,721,411. Corporate insiders own 7.
00% of the company’s stock. FuboTV Profile ( 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. Read More Five stocks we like better than FuboTV How to trade penny stocks: A step-by-step guide MarketBeat Week in Review – 03/24 – 03/28 Bank Stocks – Best Bank Stocks to Invest In Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low The Significance of Brokerage Rankings in Stock Selection 4 Healthcare Stocks With Massive Gains—and More to Come 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.com's FREE daily email newsletter .
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