Two Sigma Investments LP Has $646,000 Stock Holdings in FuboTV Inc. (NYSE:FUBO)

Two Sigma Investments LP boosted its holdings in shares of FuboTV Inc. (NYSE:FUBO - Free Report) by 4,635.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 512,591 shares of the company's stock after acquiring an additional 501,766 shares during the period. Two Sigma Investments LP owned 0.15% of FuboTV worth $646,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Xponance Inc. boosted its position in shares of FuboTV by 19.1% during the fourth quarter. Xponance Inc. now owns 23,002 shares of the company's stock worth $29,000 after purchasing an additional 3,689 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of FuboTV during the fourth quarter worth $35,000. Balyasny Asset Management L.P. bought a new position in shares of FuboTV during the fourth quarter worth $36,000. Cibc World Markets Corp bought a new position in shares of FuboTV during the fourth quarter worth $38,000. Finally, Marathon Trading Investment Management LLC bought a new position in shares of FuboTV during the fourth quarter worth $40,000. Institutional investors and hedge funds own 39.31% of the company's stock.

FuboTV Trading Up 2.4%

FUBO opened at $3.44 on Friday. The stock has a market capitalization of $1.17 billion, a P/E ratio of -5.13 and a beta of 2.24. FuboTV Inc. has a 12 month low of $1.10 and a 12 month high of $6.45. The firm's fifty day simple moving average is $3.04 and its 200 day simple moving average is $2.99. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 1.50.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on FUBO shares. Needham & Company LLC reduced their price target on shares of FuboTV from $3.35 to $3.00 and set a "buy" rating on the stock in a research report on Monday, May 5th. Wedbush cut their price objective on shares of FuboTV from $6.40 to $5.00 and set an "outperform" rating on the stock in a research report on Monday, May 5th. Finally, UBS Group set a $3.50 price objective on shares of FuboTV in a research report on Monday, March 3rd. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, FuboTV has an average rating of "Moderate Buy" and an average target price of $4.06.

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.

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