FuboTV Inc. (NYSE:FUBO) Shares Purchased by USAdvisors Wealth Management LLC

USAdvisors Wealth Management LLC grew its holdings in FuboTV Inc. (NYSE:FUBO - Free Report) by 156.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 128,000 shares of the company's stock after acquiring an additional 78,000 shares during the quarter. USAdvisors Wealth Management LLC's holdings in FuboTV were worth $161,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of FUBO. Integrity Wealth Solutions LLC purchased a new stake in shares of FuboTV in the 4th quarter valued at $47,000. SG Americas Securities LLC lifted its holdings in shares of FuboTV by 79.8% in the 4th quarter. SG Americas Securities LLC now owns 197,335 shares of the company's stock valued at $249,000 after buying an additional 87,603 shares during the period. EWG Elevate Inc. boosted its stake in shares of FuboTV by 50.0% in the fourth quarter. EWG Elevate Inc. now owns 30,000 shares of the company's stock worth $38,000 after buying an additional 10,000 shares during the last quarter. Barclays PLC grew its holdings in FuboTV by 121.3% during the third quarter. Barclays PLC now owns 1,256,459 shares of the company's stock worth $1,784,000 after acquiring an additional 688,625 shares during the period. Finally, Geode Capital Management LLC raised its position in FuboTV by 6.4% during the third quarter. Geode Capital Management LLC now owns 7,102,040 shares of the company's stock valued at $10,087,000 after acquiring an additional 425,906 shares in the last quarter. 39.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Roth Mkm restated a "neutral" rating and issued a $4.75 price objective (up previously from $2.00) on shares of FuboTV in a research report on Tuesday, January 7th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $3.43.

FuboTV Price Performance

NYSE FUBO traded down $0.10 during trading hours on Friday, reaching $4.02. The company's stock had a trading volume of 20,785,817 shares, compared to its average volume of 89,263,584. The company's 50-day moving average is $2.60 and its two-hundred day moving average is $1.92. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.54 and a current ratio of 0.54. FuboTV Inc. has a 1-year low of $1.10 and a 1-year high of $6.45.

Insider Activity

In related news, COO Alberto Horihuela sold 5,868 shares of the stock in a transaction on Friday, January 10th. The stock was sold at an average price of $5.98, for a total value of $35,090.64. Following the completion of the transaction, the chief operating officer now directly owns 1,446,730 shares of the company's stock, valued at approximately $8,651,445.40. This represents a 0.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO David Gandler sold 1,425,888 shares of the firm's stock in a transaction on Monday, January 6th. The shares were sold at an average price of $5.01, for a total value of $7,143,698.88. Following the completion of the transaction, the chief executive officer now owns 346,817 shares in the company, valued at $1,737,553.17. The trade was a 80.44 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,957,407 shares of company stock worth $9,793,039 over the last three months. 7.00% of the stock is currently owned by corporate insiders.

FuboTV Company 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.