44,967 Shares in fuboTV Inc. (NYSE:FUBO) Acquired by Headlands Technologies LLC

Headlands Technologies LLC purchased a new position in fuboTV Inc. (NYSE:FUBO) in the fourth quarter, Holdings Channel reports. The fund purchased 44,967 shares of the company’s stock, valued at approximately $143,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. W.G. Shaheen & Associates DBA Whitney & Co acquired a new position in fuboTV in the 3rd quarter valued at $31,000. Wealthfront Advisers LLC acquired a new stake in shares of fuboTV in the third quarter valued at about $34,000. DekaBank Deutsche Girozentrale bought a new position in shares of fuboTV in the fourth quarter worth about $36,000. Pathstone Family Office LLC lifted its position in shares of fuboTV by 41.9% during the 3rd quarter. Pathstone Family Office LLC now owns 14,185 shares of the company’s stock worth $38,000 after purchasing an additional 4,185 shares during the last quarter. Finally, Xponance Inc. boosted its stake in fuboTV by 43.6% during the 3rd quarter. Xponance Inc. now owns 16,906 shares of the company’s stock valued at $45,000 after purchasing an additional 5,135 shares during the period. 39.31% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CFO John Janedis sold 18,000 shares of fuboTV stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $1.90, for a total value of $34,200.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 6.70% of the company’s stock.

Analysts Set New Price Targets

FUBO has been the subject of a number of research analyst reports. Roth Mkm cut their price target on fuboTV from $3.25 to $2.00 and set a “neutral” rating for the company in a report on Wednesday, February 7th. Wedbush reissued an “outperform” rating and issued a $5.00 price target on shares of fuboTV in a report on Thursday, April 25th. Needham & Company LLC dropped their price objective on shares of fuboTV from $4.00 to $3.00 and set a “buy” rating on the stock in a report on Friday, March 1st. Finally, Evercore ISI decreased their target price on fuboTV from $3.00 to $2.50 and set an “in-line” rating on the stock in a research report on Monday, March 4th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, fuboTV has a consensus rating of “Moderate Buy” and a consensus price target of $3.42.

fuboTV Trading Up 1.4 %

Shares of FUBO opened at $1.41 on Tuesday. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 1.38. The stock has a market cap of $422.30 million, a PE ratio of -1.32 and a beta of 1.99. fuboTV Inc. has a 1 year low of $1.08 and a 1 year high of $3.87. The stock has a 50 day simple moving average of $1.60 and a 200-day simple moving average of $2.38.

fuboTV (NYSE:FUBO) last issued its quarterly earnings data on Friday, March 1st. The company reported ($0.21) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.29) by $0.08. The company had revenue of $410.18 million during the quarter, compared to analysts’ expectations of $397.37 million. fuboTV had a negative return on equity of 72.09% and a negative net margin of 21.01%. On average, sell-side analysts predict that fuboTV Inc. will post -0.68 EPS for the current fiscal year.

About fuboTV

fuboTV Inc operates a live TV streaming platform for live sports, news, and entertainment content in the United States and internationally. The company's platform allows customers to access content through streaming devices, as well as on SmartTVs, mobile phones, tablets, and computers. fuboTV Inc was incorporated in 2009 and is headquartered in New York, New York.