FuboTV Inc. (NYSE:FUBO) Shares Purchased by Barclays PLC

Barclays PLC grew its position in FuboTV Inc. (NYSE:FUBO - Free Report) by 38.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,738,929 shares of the company's stock after purchasing an additional 482,470 shares during the quarter. Barclays PLC owned about 0.52% of FuboTV worth $2,191,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in FUBO. Raymond James Financial Inc. purchased a new stake in FuboTV during the 4th quarter worth approximately $35,000. Renaissance Technologies LLC lifted its stake in shares of FuboTV by 45.1% during the fourth quarter. Renaissance Technologies LLC now owns 4,324,700 shares of the company's stock worth $5,449,000 after buying an additional 1,344,956 shares during the period. Invesco Ltd. grew its holdings in shares of FuboTV by 1.8% during the fourth quarter. Invesco Ltd. now owns 487,104 shares of the company's stock valued at $614,000 after buying an additional 8,475 shares during the last quarter. Polymer Capital Management US LLC purchased a new stake in shares of FuboTV during the fourth quarter valued at $193,000. Finally, Dynamic Technology Lab Private Ltd increased its position in shares of FuboTV by 32.4% in the 4th quarter. Dynamic Technology Lab Private Ltd now owns 50,367 shares of the company's stock valued at $63,000 after acquiring an additional 12,336 shares during the period. 39.31% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. UBS Group set a $3.50 price target on FuboTV in a research note on Monday, March 3rd. 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. Wedbush reduced their price target on shares of FuboTV from $6.40 to $5.00 and set an "outperform" rating for the company in a research report on Monday. Huber Research upgraded shares of FuboTV to a "strong-buy" rating in a research note on Friday, January 31st. Finally, Needham & Company LLC cut their price objective on shares of FuboTV from $3.35 to $3.00 and set a "buy" rating on the stock in a research note on Monday. Three research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, FuboTV currently has a consensus rating of "Moderate Buy" and an average price target of $4.06.

FuboTV Stock Performance

Shares of NYSE FUBO traded up $0.10 during midday trading on Monday, reaching $2.52. 31,063,052 shares of the stock were exchanged, compared to its average volume of 19,523,744. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 1.50. The firm has a 50-day simple moving average of $3.00 and a two-hundred day simple moving average of $2.72. 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 $858.97 million, a price-to-earnings ratio of -3.75 and a beta of 2.19.

Insider Buying and Selling at FuboTV

In other news, CFO John Janedis sold 25,823 shares of the company'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 transaction of $107,423.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 7.00% of the stock is owned by corporate 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.