Dynamic Technology Lab Private Ltd Has $63,000 Stock Position in FuboTV Inc. (NYSE:FUBO)

Dynamic Technology Lab Private Ltd boosted its stake in shares of FuboTV Inc. (NYSE:FUBO) by 32.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 50,367 shares of the company’s stock after buying an additional 12,336 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in FuboTV were worth $63,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of FUBO. Barclays PLC lifted its position in shares of FuboTV by 121.3% in the third quarter. Barclays PLC now owns 1,256,459 shares of the company’s stock worth $1,784,000 after purchasing an additional 688,625 shares in the last quarter. USAdvisors Wealth Management LLC boosted its stake in shares of FuboTV by 156.0% during the 4th quarter. USAdvisors Wealth Management LLC now owns 128,000 shares of the company’s stock valued at $161,000 after buying an additional 78,000 shares during the period. Geode Capital Management LLC grew its holdings in shares of FuboTV by 6.4% during the 3rd quarter. Geode Capital Management LLC now owns 7,102,040 shares of the company’s stock valued at $10,087,000 after acquiring an additional 425,906 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of FuboTV in the fourth quarter worth $57,000. Finally, Virtu Financial LLC purchased a new stake in shares of FuboTV during the fourth quarter worth $150,000. Institutional investors and hedge funds own 39.31% of the company’s stock.

Insider Activity

In other news, CFO John Janedis sold 25,823 shares of the firm’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $4.16, for a total value of $107,423.68. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 7.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on FUBO shares. Wedbush restated an “outperform” rating and issued a $6.40 target price on shares of FuboTV in a research note on Friday, February 28th. Needham & Company LLC boosted their price target on FuboTV from $2.00 to $3.50 and gave the company a “buy” rating in a research note on Monday, March 3rd. Huber Research raised shares of FuboTV to a “strong-buy” rating in a research report on Friday, January 31st. UBS Group set a $3.50 target price on shares of FuboTV in a research report on Monday, March 3rd. Finally, Roth Mkm restated a “neutral” rating and set a $4.75 price target (up previously from $2.00) on shares of FuboTV in a research note on Tuesday, January 7th. Three analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $4.21.

FuboTV Stock Up 3.1 %

FUBO opened at $2.85 on Friday. The firm has a market cap of $971.50 million, a P/E ratio of -4.25 and a beta of 2.22. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.54 and a current ratio of 0.54. The business has a 50 day moving average price of $3.30 and a 200 day moving average price of $2.56. FuboTV Inc. has a twelve month low of $1.10 and a twelve month high of $6.45.

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.