State of Wyoming Buys 129,699 Shares of FuboTV Inc. (NYSE:FUBO)

State of Wyoming grew its position in shares of FuboTV Inc. (NYSE:FUBO - Free Report) by 125.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 233,031 shares of the company's stock after buying an additional 129,699 shares during the quarter. State of Wyoming owned approximately 0.07% of FuboTV worth $294,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in FuboTV by 8.0% in the fourth quarter. Vanguard Group Inc. now owns 18,676,396 shares of the company's stock valued at $23,532,000 after acquiring an additional 1,377,663 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of FuboTV by 5.2% during the fourth quarter. Geode Capital Management LLC now owns 7,467,867 shares of the company's stock worth $9,412,000 after acquiring an additional 365,827 shares during the period. Renaissance Technologies LLC increased its stake in FuboTV by 45.1% in 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. Northern Trust Corp increased its stake in FuboTV by 16.9% in 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. Finally, Charles Schwab Investment Management Inc. grew its position in shares of FuboTV by 6.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,766,631 shares of the company's stock valued at $3,486,000 after acquiring an additional 177,710 shares during the period. 39.31% of the stock is owned by institutional investors.

FuboTV Stock Performance

Shares of FUBO stock traded up $0.11 during trading on Wednesday, reaching $3.73. 9,278,488 shares of the company's stock traded hands, compared to its average volume of 20,051,737. The firm's 50-day moving average is $2.96 and its 200 day moving average is $2.88. 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 company has a market capitalization of $1.27 billion, a P/E ratio of -5.56 and a beta of 2.19. FuboTV Inc. has a 1 year low of $1.10 and a 1 year high of $6.45.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. UBS Group set a $3.50 target price on shares of FuboTV in a report on Monday, March 3rd. Needham & Company LLC dropped their price target on shares of FuboTV from $3.35 to $3.00 and set a "buy" rating for the company in a research note on Monday, May 5th. 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 report on Monday, May 5th. Finally, Huber Research upgraded shares of FuboTV to a "strong-buy" rating in a report on Friday, January 31st. Three investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $4.06.

FuboTV Profile

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.