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

FuboTV Inc. (NYSE:FUBO) CFO John Janedis sold 25,823 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $4.16, for a total value of $107,423.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

FuboTV Price Performance

Shares of NYSE FUBO opened at $4.02 on Tuesday. FuboTV Inc. has a twelve month low of $1.10 and a twelve month high of $6.45. The firm has a market cap of $1.34 billion, a P/E ratio of -5.99 and a beta of 1.98. The company has a 50 day moving average of $3.37 and a 200 day moving average of $2.21. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 1.50.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Huber Research raised FuboTV to a “strong-buy” rating in a research report on Friday, January 31st. Roth Mkm restated a “neutral” rating and issued a $4.75 price objective (up from $2.00) on shares of FuboTV in a report on Tuesday, January 7th. Four investment 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. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $3.43.

Institutional Investors Weigh In On FuboTV

A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in FuboTV by 8.0% during the 4th quarter. Vanguard Group Inc. now owns 18,676,396 shares of the company’s stock valued at $23,532,000 after buying an additional 1,377,663 shares during the last quarter. Geode Capital Management LLC raised its stake in FuboTV by 5.2% during the 4th quarter. Geode Capital Management LLC now owns 7,467,867 shares of the company’s stock valued at $9,412,000 after buying an additional 365,827 shares during the last quarter. State Street Corp raised its stake in FuboTV by 1.9% during the 3rd quarter. State Street Corp now owns 6,934,875 shares of the company’s stock valued at $9,848,000 after buying an additional 132,167 shares during the last quarter. Renaissance Technologies LLC raised its stake in FuboTV by 45.1% during the 4th quarter. Renaissance Technologies LLC now owns 4,324,700 shares of the company’s stock valued at $5,449,000 after buying an additional 1,344,956 shares during the last quarter. Finally, Northern Trust Corp raised its stake in FuboTV by 16.9% during the 4th quarter. Northern Trust Corp now owns 2,999,809 shares of the company’s stock valued at $3,780,000 after buying an additional 434,406 shares during the last quarter. 39.31% of the stock is currently owned by hedge funds and other institutional investors.

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.