XTX Topco Ltd Sells 15,374 Shares of FuboTV Inc. (NYSE:FUBO)

XTX Topco Ltd cut its stake in shares of FuboTV Inc. (NYSE:FUBO) by 8.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 172,552 shares of the company’s stock after selling 15,374 shares during the quarter. XTX Topco Ltd’s holdings in FuboTV were worth $245,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FUBO. State Street Corp boosted its position in shares of FuboTV by 1.9% in the third quarter. State Street Corp now owns 6,934,875 shares of the company’s stock worth $9,848,000 after purchasing an additional 132,167 shares during the period. FMR LLC boosted its holdings in FuboTV by 84.5% in the 3rd quarter. FMR LLC now owns 101,914 shares of the company’s stock worth $145,000 after buying an additional 46,670 shares during the period. Charles Schwab Investment Management Inc. increased its stake in FuboTV by 8.4% in the 3rd 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 in the last quarter. Intech Investment Management LLC bought a new stake in FuboTV during the third quarter valued at about $152,000. Finally, Apollon Wealth Management LLC lifted its position in shares of 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 in the last quarter. Institutional investors own 39.31% of the company’s stock.

FuboTV Stock Performance

NYSE FUBO opened at $1.40 on Thursday. The business has a 50-day moving average price of $1.57 and a 200-day moving average price of $1.48. The firm has a market cap of $467.73 million, a price-to-earnings ratio of -2.09 and a beta of 1.74. FuboTV Inc. has a twelve month low of $1.10 and a twelve month high of $3.55. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 1.50.

Insider Buying and Selling

In other news, COO Alberto Horihuela sold 47,478 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $1.47, for a total value of $69,792.66. Following the transaction, the chief operating officer now owns 1,471,325 shares of the company’s stock, valued at approximately $2,162,847.75. The trade was a 3.13 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO John Janedis sold 74,326 shares of the company’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $1.47, for a total transaction of $109,259.22. Following the transaction, the chief financial officer now owns 76,766 shares of the company’s stock, valued at approximately $112,846.02. This represents a 49.19 % decrease in their position. The disclosure for this sale can be found here. 7.00% of the stock is owned by insiders.

FuboTV 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.