fuboTV Inc. (NYSE:FUBO) Director Laura Diane Onopchenko Sells 100,000 Shares

fuboTV Inc. (NYSE:FUBO) Director Laura Diane Onopchenko sold 100,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 30th. The stock was sold at an average price of $3.92, for a total value of $392,000.00. Following the transaction, the director directly owned 283,070 shares in the company, valued at $1,109,634.40. This trade represents a 26.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

fuboTV Stock Performance

NYSE FUBO opened at $3.76 on Friday. The stock has a market cap of $1.28 billion, a PE ratio of 18.80 and a beta of 2.28. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.70 and a current ratio of 0.70. The firm has a 50-day moving average of $3.50 and a 200-day moving average of $3.36. fuboTV Inc. has a 52-week low of $1.15 and a 52-week high of $6.45.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of FUBO. Focus Partners Wealth bought a new stake in shares of fuboTV during the first quarter worth approximately $30,000. Wealthcare Advisory Partners LLC acquired a new stake in fuboTV during the 1st quarter worth approximately $34,000. Raymond James Financial Inc. bought a new stake in fuboTV in the 4th quarter valued at $35,000. Balyasny Asset Management L.P. acquired a new position in fuboTV in the 4th quarter valued at $36,000. Finally, Cresset Asset Management LLC bought a new position in fuboTV during the 1st quarter worth $38,000. 39.31% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

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.