Two Sigma Securities LLC Raises Stock Position in FuboTV Inc. (NYSE:FUBO)

Two Sigma Securities LLC grew its stake in shares of FuboTV Inc. (NYSE:FUBO - Free Report) by 689.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 114,771 shares of the company's stock after acquiring an additional 100,229 shares during the period. Two Sigma Securities LLC's holdings in FuboTV were worth $145,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Xponance Inc. boosted its holdings in FuboTV by 19.1% in the 4th quarter. Xponance Inc. now owns 23,002 shares of the company's stock worth $29,000 after buying an additional 3,689 shares during the period. Raymond James Financial Inc. bought a new stake in shares of FuboTV during the 4th quarter valued at $35,000. EWG Elevate Inc. lifted its holdings in FuboTV by 50.0% during the 4th quarter. EWG Elevate Inc. now owns 30,000 shares of the company's stock worth $38,000 after purchasing an additional 10,000 shares in the last quarter. Cibc World Markets Corp bought a new position in FuboTV in the 4th quarter worth about $38,000. Finally, Marathon Trading Investment Management LLC bought a new stake in shares of FuboTV during the fourth quarter valued at about $40,000. Hedge funds and other institutional investors own 39.31% of the company's stock.

Insider Transactions at FuboTV

In other FuboTV news, CFO John Janedis sold 25,823 shares of the business's stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $4.16, for a total value of $107,423.68. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 7.00% of the company's stock.

FuboTV Trading Up 2.6 %

FUBO stock traded up $0.07 during trading on Tuesday, hitting $2.59. 24,794,519 shares of the company traded hands, compared to its average volume of 19,545,937. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.54 and a current ratio of 0.54. The company has a 50-day moving average of $2.98 and a 200-day moving average of $2.72. The firm has a market capitalization of $882.88 million, a PE ratio of -3.86 and a beta of 2.19. FuboTV Inc. has a 1 year low of $1.10 and a 1 year high of $6.45.

Analysts Set New Price Targets

Several analysts have issued reports on FUBO shares. Huber Research upgraded shares of FuboTV to a "strong-buy" rating in a research note on Friday, January 31st. UBS Group set a $3.50 price target on FuboTV in a report on Monday, March 3rd. Wedbush decreased 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. Roth Mkm reissued a "neutral" rating and issued a $4.75 price target (up previously from $2.00) on shares of FuboTV in a report on Tuesday, January 7th. Finally, Needham & Company LLC dropped their price objective on shares of FuboTV from $3.35 to $3.00 and set a "buy" rating for the company in a report on Monday. Three equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price 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.