Barclays PLC Has $1.78 Million Stock Holdings in FuboTV Inc. (NYSE:FUBO)

Barclays PLC lifted its holdings in shares of FuboTV Inc. (NYSE:FUBO - Free Report) by 121.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,256,459 shares of the company's stock after buying an additional 688,625 shares during the period. Barclays PLC owned approximately 0.38% of FuboTV worth $1,784,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its position in FuboTV by 13.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,072,236 shares of the company's stock valued at $1,330,000 after buying an additional 127,978 shares in the last quarter. XTX Topco Ltd boosted its holdings in shares of FuboTV by 145.1% in the second quarter. XTX Topco Ltd now owns 187,926 shares of the company's stock valued at $233,000 after acquiring an additional 111,268 shares in the last quarter. Canada Pension Plan Investment Board acquired a new position in shares of FuboTV during the second quarter valued at approximately $92,000. ProShare Advisors LLC raised its holdings in FuboTV by 71.3% during the second quarter. ProShare Advisors LLC now owns 197,037 shares of the company's stock worth $244,000 after purchasing an additional 82,042 shares in the last quarter. Finally, Marshall Wace LLP lifted its position in FuboTV by 114.1% in the second quarter. Marshall Wace LLP now owns 8,373,543 shares of the company's stock worth $10,383,000 after purchasing an additional 4,461,707 shares during the period. 39.31% of the stock is owned by institutional investors.

Insider Transactions at FuboTV

In other news, COO Alberto Horihuela sold 47,478 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $1.47, for a total value of $69,792.66. Following the completion of the sale, the chief operating officer now owns 1,471,325 shares in the company, valued at $2,162,847.75. This represents a 3.13 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO David Gandler sold 1,425,888 shares of FuboTV stock in a transaction on Monday, January 6th. The shares were sold at an average price of $5.01, for a total value of $7,143,698.88. Following the transaction, the chief executive officer now owns 346,817 shares in the company, valued at $1,737,553.17. This represents a 80.44 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,951,539 shares of company stock valued at $9,757,948 in the last three months. 7.00% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Separately, Roth Mkm reiterated a "neutral" rating and set a $4.75 price target (up from $2.00) on shares of FuboTV in a research report on Tuesday, January 7th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $3.43.

FuboTV Price Performance

NYSE:FUBO traded down $0.24 during trading hours on Friday, reaching $5.11. 99,974,845 shares of the company's stock were exchanged, compared to its average volume of 228,284,781. 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 company has a market capitalization of $1.71 billion, a P/E ratio of -7.63 and a beta of 1.78. FuboTV Inc. has a 12 month low of $1.10 and a 12 month high of $6.45. The business's 50-day simple moving average is $1.86 and its two-hundred day simple moving average is $1.64.

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.