FuboTV Inc. (NYSE:FUBO) Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its position in FuboTV Inc. (NYSE:FUBO) by 20.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 413,568 shares of the company’s stock after selling 107,360 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in FuboTV were worth $587,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Marshall Wace LLP increased its holdings in shares of FuboTV by 114.1% in the second quarter. Marshall Wace LLP now owns 8,373,543 shares of the company’s stock valued at $10,383,000 after purchasing an additional 4,461,707 shares during the period. Millennium Management LLC lifted its position in FuboTV by 132.6% in the second quarter. Millennium Management LLC now owns 4,810,529 shares of the company’s stock valued at $5,965,000 after purchasing an additional 2,742,780 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings 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 valued at $3,676,000 after purchasing an additional 200,154 shares in the last quarter. Bank of New York Mellon Corp increased its position in FuboTV by 13.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,072,236 shares of the company’s stock worth $1,330,000 after purchasing an additional 127,978 shares during the period. Finally, XTX Topco Ltd raised its position in FuboTV by 145.1% in the second quarter. XTX Topco Ltd now owns 187,926 shares of the company’s stock worth $233,000 after acquiring an additional 111,268 shares in the last quarter. 39.31% of the stock is owned by institutional investors and hedge funds.

FuboTV Stock Performance

Shares of FUBO opened at $1.39 on Friday. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 1.50. FuboTV Inc. has a 52-week low of $1.10 and a 52-week high of $3.43. The company has a 50-day simple moving average of $1.56 and a 200-day simple moving average of $1.48. The company has a market capitalization of $464.39 million, a PE ratio of -2.07 and a beta of 1.74.

Insiders Place Their Bets

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

About FuboTV

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.