Alberto Horihuela Sells 47,478 Shares of FuboTV Inc. (NYSE:FUBO) Stock

FuboTV Inc. (NYSE:FUBO) COO Alberto Horihuela sold 47,478 shares of the company’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $1.47, for a total transaction of $69,792.66. Following the completion of the sale, the chief operating officer now owns 1,471,325 shares of the company’s stock, valued at $2,162,847.75. This represents a 3.13 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

FuboTV Stock Up 2.7 %

FUBO stock opened at $1.50 on Thursday. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.54 and a quick ratio of 0.54. FuboTV Inc. has a 52-week low of $1.10 and a 52-week high of $3.82. The company has a 50-day moving average of $1.52 and a two-hundred day moving average of $1.45. The stock has a market capitalization of $501.14 million, a price-to-earnings ratio of -2.24 and a beta of 1.76.

Analyst Ratings Changes

FUBO has been the subject of a number of recent research reports. Barrington Research reiterated a “market perform” rating on shares of FuboTV in a report on Tuesday, August 20th. Seaport Res Ptn cut shares of FuboTV from a “strong-buy” rating to a “hold” rating in a report on Monday, August 19th. Finally, Needham & Company LLC restated a “buy” rating and set a $2.00 price target on shares of FuboTV in a report on Monday, August 19th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, FuboTV has a consensus rating of “Hold” and an average target price of $2.88.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD raised its position in shares of FuboTV by 5.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 183,815 shares of the company’s stock valued at $291,000 after buying an additional 9,229 shares during the last quarter. Arkadios Wealth Advisors raised its position in shares of FuboTV by 19.5% during the third quarter. Arkadios Wealth Advisors now owns 73,677 shares of the company’s stock valued at $105,000 after buying an additional 12,000 shares during the last quarter. Apollon Wealth Management LLC raised its position in shares of FuboTV by 41.2% during the third quarter. Apollon Wealth Management LLC now owns 42,611 shares of the company’s stock valued at $61,000 after buying an additional 12,431 shares during the last quarter. United Advisor Group LLC acquired a new position in shares of FuboTV during the third quarter valued at about $26,000. Finally, Hibernia Wealth Partners LLC acquired a new position in shares of FuboTV during the third quarter valued at about $27,000. Institutional investors and hedge funds own 39.31% of the company’s stock.

FuboTV Company Profile

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.