fuboTV Inc. (NYSE:FUBO) Director Daniel V. Leff Sells 75,339 Shares

fuboTV Inc. (NYSE:FUBO) Director Daniel V. Leff sold 75,339 shares of the firm’s stock in a transaction on Wednesday, July 30th. The stock was sold at an average price of $4.14, for a total value of $311,903.46. Following the completion of the transaction, the director owned 375,395 shares in the company, valued at approximately $1,554,135.30. This trade represents a 16.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

fuboTV Price Performance

NYSE FUBO opened at $3.76 on Friday. fuboTV Inc. has a 12 month low of $1.15 and a 12 month high of $6.45. The stock has a market cap of $1.28 billion, a price-to-earnings ratio of 18.80 and a beta of 2.28. The company’s 50 day moving average is $3.50 and its two-hundred day moving average is $3.36. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.48.

Analyst Ratings Changes

Several equities analysts have recently weighed in on FUBO shares. Wedbush reiterated an “outperform” rating and issued a $6.00 price objective (up previously from $5.00) on shares of fuboTV in a research note on Wednesday. Needham & Company LLC increased their price target on shares of fuboTV from $3.00 to $4.25 and gave the stock a “buy” rating in a research report on Wednesday. Finally, Wall Street Zen upgraded shares of fuboTV from a “hold” rating to a “buy” rating in a research note on Saturday. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, fuboTV has a consensus rating of “Moderate Buy” and an average price target of $4.63.

Institutional Trading of fuboTV

A number of hedge funds and other institutional investors have recently modified their holdings of the company. State of Wyoming boosted its holdings in fuboTV by 125.5% in the 4th quarter. State of Wyoming now owns 233,031 shares of the company’s stock worth $294,000 after buying an additional 129,699 shares during the period. Bank of New York Mellon Corp lifted its position in shares of fuboTV by 8.1% in the first quarter. Bank of New York Mellon Corp now owns 983,346 shares of the company’s stock valued at $2,871,000 after acquiring an additional 74,001 shares in the last quarter. Northern Trust Corp boosted its stake in shares of fuboTV by 16.9% in the fourth quarter. Northern Trust Corp now owns 2,999,809 shares of the company’s stock worth $3,780,000 after acquiring an additional 434,406 shares during the period. Vanguard Group Inc. raised its stake in fuboTV by 8.0% during the 4th quarter. Vanguard Group Inc. now owns 18,676,396 shares of the company’s stock valued at $23,532,000 after purchasing an additional 1,377,663 shares during the period. Finally, MetLife Investment Management LLC boosted its position in shares of fuboTV by 19.6% during the fourth quarter. MetLife Investment Management LLC now owns 201,512 shares of the company’s stock worth $254,000 after acquiring an additional 32,963 shares during the last quarter. 39.31% of the stock is owned by hedge funds and other institutional investors.

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.