FuboTV Inc. (NYSE:FUBO) CFO John Janedis Sells 74,326 Shares of Stock

FuboTV Inc. (NYSE:FUBO) CFO John Janedis sold 74,326 shares of the firm’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $1.47, for a total value of $109,259.22. Following the completion of the transaction, the chief financial officer now owns 76,766 shares of the company’s stock, valued at approximately $112,846.02. This represents a 49.19 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

FuboTV Price Performance

Shares of FuboTV stock opened at $1.55 on Tuesday. FuboTV Inc. has a 12 month low of $1.10 and a 12 month high of $3.82. 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 business’s 50-day moving average price is $1.52 and its 200-day moving average price is $1.45. The firm has a market capitalization of $517.84 million, a PE ratio of -2.31 and a beta of 1.76.

Institutional Investors Weigh In On FuboTV

A number of institutional investors have recently made changes to their positions in the business. United Advisor Group LLC bought a new stake in shares of FuboTV in the 3rd quarter valued at about $26,000. Hibernia Wealth Partners LLC purchased a new stake in shares of FuboTV during the third quarter valued at approximately $27,000. Public Employees Retirement System of Ohio bought a new position in shares of FuboTV in the first quarter worth approximately $44,000. Algert Global LLC bought a new position in shares of FuboTV in the second quarter worth approximately $37,000. Finally, Apollon Wealth Management LLC increased its stake in shares of FuboTV by 41.2% in the third quarter. Apollon Wealth Management LLC now owns 42,611 shares of the company’s stock worth $61,000 after buying an additional 12,431 shares during the period. Hedge funds and other institutional investors own 39.31% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on FUBO. Seaport Res Ptn cut shares of FuboTV from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 19th. Needham & Company LLC reissued a “buy” rating and set a $2.00 price objective on shares of FuboTV in a research note on Monday, August 19th. Finally, Barrington Research reaffirmed a “market perform” rating on shares of FuboTV in a report on Tuesday, August 20th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $2.88.

FuboTV Company Profile

fuboTV Inc operates a live TV streaming platform for live sports, news, and entertainment content in the United States and internationally. The company’s platform allows customers to access content through streaming devices, as well as on SmartTVs, mobile phones, tablets, and computers. fuboTV Inc was incorporated in 2009 and is headquartered in New York, New York.