John Janedis Sells 25,823 Shares of FuboTV Inc. (NYSE:FUBO) Stock

FuboTV Inc. (NYSE:FUBO) CFO John Janedis sold 25,823 shares of the firm’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $4.16, for a total transaction of $107,423.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

FuboTV Stock Performance

Shares of FUBO stock opened at $3.83 on Wednesday. The company has a market cap of $1.28 billion, a PE ratio of -5.71 and a beta of 1.98. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 1.50. FuboTV Inc. has a 52 week low of $1.10 and a 52 week high of $6.45. The company’s fifty day simple moving average is $3.41 and its 200-day simple moving average is $2.23.

Hedge Funds Weigh In On FuboTV

Large investors have recently bought and sold shares of the stock. Barclays PLC lifted its stake in FuboTV by 121.3% in the third 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 in the last quarter. USAdvisors Wealth Management LLC increased its position in FuboTV by 156.0% during the 4th 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 boosted its holdings in shares of 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 buying an additional 425,906 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake 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 valued at $3,676,000 after acquiring an additional 200,154 shares in the last quarter. Finally, SG Americas Securities LLC increased its position in shares of FuboTV by 79.8% during the 4th quarter. SG Americas Securities LLC now owns 197,335 shares of the company’s stock valued at $249,000 after purchasing an additional 87,603 shares during the last quarter. 39.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Roth Mkm reaffirmed a “neutral” rating and set a $4.75 price objective (up from $2.00) on shares of FuboTV in a research note on Tuesday, January 7th. Huber Research upgraded FuboTV to a “strong-buy” rating in a research note on Friday, January 31st. Four investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, FuboTV presently has a consensus rating of “Moderate Buy” and a consensus target price of $3.43.

About FuboTV

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.