AJOVista LLC Acquires New Holdings in fuboTV Inc. (NYSE:FUBO)

AJOVista LLC acquired a new stake in shares of fuboTV Inc. (NYSE:FUBO) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 26,552 shares of the company’s stock, valued at approximately $84,000.

A number of other institutional investors have also recently bought and sold shares of the company. Pathstone Family Office LLC lifted its stake 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 in the last quarter. Amalgamated Bank lifted its stake in fuboTV by 23.6% in the third quarter. Amalgamated Bank now owns 23,497 shares of the company’s stock valued at $63,000 after buying an additional 4,489 shares in the last quarter. Private Advisor Group LLC lifted its stake in fuboTV by 17.9% in the third quarter. Private Advisor Group LLC now owns 31,690 shares of the company’s stock valued at $85,000 after buying an additional 4,809 shares in the last quarter. First Heartland Consultants Inc. lifted its position in shares of fuboTV by 30.1% in the third quarter. First Heartland Consultants Inc. now owns 20,974 shares of the company’s stock worth $56,000 after purchasing an additional 4,853 shares in the last quarter. Finally, Xponance Inc. lifted its position in shares of fuboTV by 43.6% in the third quarter. Xponance Inc. now owns 16,906 shares of the company’s stock worth $45,000 after purchasing an additional 5,135 shares in the last quarter. Institutional investors and hedge funds own 39.31% of the company’s stock.

fuboTV Stock Performance

NYSE FUBO traded down $0.18 on Friday, hitting $1.37. 32,029,872 shares of the stock were exchanged, compared to its average volume of 7,049,267. 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 business’s fifty day moving average is $1.57 and its 200 day moving average is $2.36. fuboTV Inc. has a 52 week low of $1.08 and a 52 week high of $3.87. The company has a market capitalization of $410.84 million, a PE ratio of -1.54 and a beta of 2.07.

fuboTV (NYSE:FUBO) last released its quarterly earnings data on Friday, March 1st. The company reported ($0.21) EPS for the quarter, beating the consensus estimate of ($0.29) by $0.08. fuboTV had a negative net margin of 21.01% and a negative return on equity of 72.09%. The firm had revenue of $410.18 million for the quarter, compared to the consensus estimate of $397.37 million. Research analysts anticipate that fuboTV Inc. will post -0.68 EPS for the current fiscal year.

Insider Buying and Selling at fuboTV

In related news, CFO John Janedis sold 18,000 shares of the company’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $1.90, for a total value of $34,200.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 6.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on FUBO shares. Roth Mkm cut their price objective on shares of fuboTV from $3.25 to $2.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 7th. Wedbush reissued an “outperform” rating and issued a $5.00 price objective on shares of fuboTV in a research report on Wednesday. Needham & Company LLC cut their price objective on shares of fuboTV from $4.00 to $3.00 and set a “buy” rating on the stock in a research report on Friday, March 1st. Evercore ISI cut their price objective on shares of fuboTV from $3.00 to $2.50 and set an “in-line” rating on the stock in a research report on Monday, March 4th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $2.90 price target on shares of fuboTV in a research report on Wednesday. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $3.07.

fuboTV Company 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.