EntryPoint Capital LLC Has $311,000 Holdings in FuboTV Inc. (NYSE:FUBO)

EntryPoint Capital LLC increased its position in FuboTV Inc. (NYSE:FUBO - Free Report) by 638.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 246,475 shares of the company's stock after buying an additional 213,110 shares during the period. EntryPoint Capital LLC owned 0.07% of FuboTV worth $311,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in shares of FuboTV by 8.0% during the 4th quarter. Vanguard Group Inc. now owns 18,676,396 shares of the company's stock worth $23,532,000 after purchasing an additional 1,377,663 shares during the last quarter. Barclays PLC increased its position in FuboTV by 121.3% during the third quarter. Barclays PLC now owns 1,256,459 shares of the company's stock worth $1,784,000 after buying an additional 688,625 shares during the last quarter. Geode Capital Management LLC raised its holdings in FuboTV by 6.4% during the third quarter. Geode Capital Management LLC now owns 7,102,040 shares of the company's stock valued at $10,087,000 after buying an additional 425,906 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of FuboTV by 8.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,588,921 shares of the company's stock worth $3,676,000 after buying an additional 200,154 shares during the last quarter. Finally, State Street Corp boosted its stake in shares of FuboTV by 1.9% during the 3rd quarter. State Street Corp now owns 6,934,875 shares of the company's stock worth $9,848,000 after acquiring an additional 132,167 shares in the last quarter. Institutional investors own 39.31% of the company's stock.

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Analyst Ratings Changes

Several research firms recently weighed in on FUBO. Huber Research upgraded FuboTV to a "strong-buy" rating in a report on Friday, January 31st. Roth Mkm restated a "neutral" rating and issued a $4.75 price objective (up from $2.00) on shares of FuboTV in a research note on Tuesday, January 7th. Needham & Company LLC raised their target price on shares of FuboTV from $2.00 to $3.50 and gave the company a "buy" rating in a research note on Monday, March 3rd. UBS Group set a $3.50 target price on shares of FuboTV in a research report on Monday, March 3rd. Finally, Wedbush reaffirmed an "outperform" rating and issued a $6.40 price target on shares of FuboTV in a research report on Friday, February 28th. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, FuboTV presently has a consensus rating of "Moderate Buy" and an average price target of $4.21.

Insider Activity at FuboTV

In related news, CFO John Janedis sold 25,823 shares of the company's stock in a transaction on 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 document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Alberto Horihuela sold 5,868 shares of the firm's stock in a transaction 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 completion of the transaction, the chief operating officer now directly owns 1,446,730 shares of the company's stock, valued at approximately $8,651,445.40. This trade represents a 0.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,861,426 shares of company stock worth $9,721,411. Company insiders own 7.00% of the company's stock.

FuboTV Stock Performance

FuboTV stock traded up $0.05 during mid-day trading on Tuesday, reaching $2.97. The company had a trading volume of 10,712,527 shares, compared to its average volume of 18,658,612. 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 $1.01 billion, a price-to-earnings ratio of -4.43 and a beta of 2.02. The company has a 50 day moving average of $3.54 and a 200-day moving average of $2.48. FuboTV Inc. has a 52 week low of $1.10 and a 52 week 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.