FuboTV Inc. (NYSE:FUBO) COO Alberto Horihuela Sells 5,868 Shares

FuboTV Inc. (NYSE:FUBO) COO Alberto Horihuela sold 5,868 shares of the business’s stock in a transaction that occurred on Friday, January 10th. The stock was sold at an average price of $5.98, for a total value of $35,090.64. Following the sale, the chief operating officer now directly owns 1,446,730 shares of the company’s stock, valued at $8,651,445.40. This represents a 0.40 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Alberto Horihuela also recently made the following trade(s):

• On Tuesday, January 7th, Alberto Horihuela sold 403,847 shares of FuboTV stock. The shares were sold at an average price of $6.03, for a total value of $2,435,197.41.
• On Thursday, November 21st, Alberto Horihuela sold 47,478 shares of FuboTV stock. The shares were sold at an average price of $1.47, for a total value of $69,792.66.

FuboTV Stock Performance

FUBO stock opened at $3.99 on Friday. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 1.50. The firm has a market cap of $1.33 billion, a PE ratio of -5.95 and a beta of 1.78. The business has a 50 day moving average of $2.02 and a 200-day moving average of $1.70. FuboTV Inc. has a 12-month low of $1.10 and a 12-month high of $6.45.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of FUBO. United Advisor Group LLC bought a new stake in shares of FuboTV during the 3rd quarter worth $26,000. Hibernia Wealth Partners LLC purchased a new stake in FuboTV during the third quarter worth about $27,000. EWG Elevate Inc. raised its position in FuboTV by 50.0% in the fourth quarter. EWG Elevate Inc. now owns 30,000 shares of the company’s stock worth $38,000 after acquiring an additional 10,000 shares during the period. Algert Global LLC bought a new stake in FuboTV in the second quarter worth about $37,000. Finally, Apollon Wealth Management LLC boosted its stake in FuboTV by 41.2% in the third quarter. Apollon Wealth Management LLC now owns 42,611 shares of the company’s stock valued at $61,000 after acquiring an additional 12,431 shares during the last quarter. Institutional investors own 39.31% of the company’s stock.

Analyst Ratings Changes

Separately, Roth Mkm reaffirmed a “neutral” rating and set a $4.75 price objective (up from $2.00) on shares of FuboTV in a report on Tuesday, January 7th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, FuboTV presently has an average rating of “Hold” and a consensus target price of $3.43.

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.