FuboTV Inc. (NYSE:FUBO) Shares Bought by USAdvisors Wealth Management LLC

USAdvisors Wealth Management LLC lifted its stake in shares of FuboTV Inc. (NYSE:FUBO) by 156.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 128,000 shares of the company’s stock after buying an additional 78,000 shares during the quarter. USAdvisors Wealth Management LLC’s holdings in FuboTV were worth $161,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in FUBO. Geode Capital Management LLC boosted 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 valued at $10,087,000 after acquiring an additional 425,906 shares during the last quarter. State Street Corp lifted its position in shares of 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 purchasing an additional 132,167 shares during the last quarter. Millennium Management LLC lifted its position in shares of FuboTV by 132.6% during the second quarter. Millennium Management LLC now owns 4,810,529 shares of the company’s stock worth $5,965,000 after purchasing an additional 2,742,780 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in FuboTV by 8.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,588,921 shares of the company’s stock valued at $3,676,000 after buying an additional 200,154 shares during the last quarter. Finally, Barclays PLC raised its stake in FuboTV by 121.3% during 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. Institutional investors own 39.31% of the company’s stock.

FuboTV Stock Up 3.2 %

NYSE:FUBO opened at $4.08 on Thursday. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 1.50. The stock has a 50 day moving average of $2.50 and a 200-day moving average of $1.88. The firm has a market capitalization of $1.36 billion, a PE ratio of -6.08 and a beta of 1.78. FuboTV Inc. has a 52 week low of $1.10 and a 52 week high of $6.45.

Wall Street Analyst Weigh In

Separately, Roth Mkm reiterated a “neutral” rating and issued a $4.75 target price (up previously from $2.00) on shares of FuboTV in a research report on Tuesday, January 7th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $3.43.

Insider Activity at FuboTV

In other news, COO Alberto Horihuela sold 47,478 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $1.47, for a total transaction of $69,792.66. Following the completion of the transaction, the chief operating officer now owns 1,471,325 shares of the company’s stock, valued at approximately $2,162,847.75. The trade was a 3.13 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO David Gandler sold 1,425,888 shares of the company’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $5.01, for a total transaction of $7,143,698.88. Following the transaction, the chief executive officer now owns 346,817 shares of the company’s stock, valued at $1,737,553.17. This represents a 80.44 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,957,407 shares of company stock worth $9,793,039 in the last 90 days. 7.00% of the stock is currently owned by company insiders.

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.