fuboTV Inc. (NYSE:FUBO) Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas lessened its holdings in fuboTV Inc. (NYSE:FUBOFree Report) by 40.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,417 shares of the company’s stock after selling 9,196 shares during the quarter. Teacher Retirement System of Texas’ holdings in fuboTV were worth $43,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of FUBO. Pathstone Family Office LLC grew its stake in shares of fuboTV by 41.9% during the 3rd quarter. Pathstone Family Office LLC now owns 14,185 shares of the company’s stock worth $38,000 after purchasing an additional 4,185 shares during the period. Amalgamated Bank grew its stake in shares of fuboTV by 23.6% during the 3rd quarter. Amalgamated Bank now owns 23,497 shares of the company’s stock worth $63,000 after purchasing an additional 4,489 shares during the period. Private Advisor Group LLC grew its stake in shares of fuboTV by 17.9% during the 3rd quarter. Private Advisor Group LLC now owns 31,690 shares of the company’s stock worth $85,000 after purchasing an additional 4,809 shares during the period. First Heartland Consultants Inc. grew its stake in shares of fuboTV by 30.1% during the 3rd quarter. First Heartland Consultants Inc. now owns 20,974 shares of the company’s stock worth $56,000 after purchasing an additional 4,853 shares during the period. Finally, Commonwealth Equity Services LLC grew its stake in shares of fuboTV by 13.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 45,934 shares of the company’s stock worth $123,000 after purchasing an additional 5,450 shares during the period. Institutional investors and hedge funds own 39.31% of the company’s stock.

Insider Buying and Selling at fuboTV

In other fuboTV news, CFO John Janedis sold 18,000 shares of the firm’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $1.90, for a total value of $34,200.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 7.00% of the stock is currently owned by insiders.

fuboTV Trading Down 0.8 %

Shares of FUBO stock opened at $1.24 on Friday. The stock’s fifty day moving average is $1.40 and its two-hundred day moving average is $2.18. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.63 and a current ratio of 0.63. The firm has a market capitalization of $371.85 million, a P/E ratio of -1.39 and a beta of 2.07. fuboTV Inc. has a fifty-two week low of $1.20 and a fifty-two week high of $3.87.

fuboTV (NYSE:FUBOGet Free Report) last announced its quarterly earnings data on Friday, May 3rd. The company reported ($0.15) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.20) by $0.05. The company had revenue of $402.35 million for the quarter, compared to analyst estimates of $381.95 million. fuboTV had a negative return on equity of 72.13% and a negative net margin of 17.97%. Research analysts expect that fuboTV Inc. will post -0.65 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on FUBO. Needham & Company LLC reaffirmed a “buy” rating and set a $3.00 price objective on shares of fuboTV in a research note on Monday, May 6th. Cantor Fitzgerald reiterated an “overweight” rating and set a $2.90 target price on shares of fuboTV in a research report on Wednesday, May 1st. Roth Mkm decreased their target price on fuboTV from $3.25 to $2.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 7th. Wedbush reiterated an “outperform” rating and set a $5.00 target price on shares of fuboTV in a research report on Wednesday, May 1st. Finally, Evercore ISI decreased their target price on fuboTV from $3.00 to $2.50 and set an “in-line” rating on the stock in a research report on Monday, March 4th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $3.07.

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fuboTV Profile

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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.

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Institutional Ownership by Quarter for fuboTV (NYSE:FUBO)

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