Headlands Technologies LLC Takes $143,000 Position in fuboTV Inc. (NYSE:FUBO)

Headlands Technologies LLC purchased a new stake in shares of fuboTV Inc. (NYSE:FUBO) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 44,967 shares of the company’s stock, valued at approximately $143,000.

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

Insider Buying and Selling at fuboTV

In related news, CFO John Janedis sold 18,000 shares of the stock in a transaction on Monday, March 4th. The shares were sold at an average price of $1.90, for a total transaction of $34,200.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 6.70% of the stock is owned by company insiders.

fuboTV Trading Up 1.4 %

NYSE FUBO opened at $1.41 on Tuesday. fuboTV Inc. has a 12 month low of $1.08 and a 12 month high of $3.87. The company has a market capitalization of $422.30 million, a price-to-earnings ratio of -1.32 and a beta of 1.99. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.75 and a quick ratio of 0.75. The firm’s fifty day moving average price is $1.60 and its 200 day moving average price is $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, topping the consensus estimate of ($0.29) by $0.08. fuboTV had a negative return on equity of 72.09% and a negative net margin of 21.01%. The company had revenue of $410.18 million for the quarter, compared to analyst estimates of $397.37 million. On average, sell-side analysts expect that fuboTV Inc. will post -0.68 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

fuboTV 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.