FuboTV Inc. (NYSE:FUBO) Shares Purchased by Apollon Wealth Management LLC

Apollon Wealth Management LLC boosted its position in FuboTV Inc. (NYSE:FUBO) by 41.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 42,611 shares of the company’s stock after purchasing an additional 12,431 shares during the quarter. Apollon Wealth Management LLC’s holdings in FuboTV were worth $61,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in FUBO. United Advisor Group LLC purchased a new position in shares of FuboTV during the 3rd quarter valued at approximately $26,000. Hibernia Wealth Partners LLC acquired a new stake in shares of FuboTV during the 3rd quarter valued at approximately $27,000. Algert Global LLC acquired a new stake in shares of FuboTV during the 2nd quarter valued at approximately $37,000. Public Employees Retirement System of Ohio acquired a new stake in shares of FuboTV during the 1st quarter valued at approximately $44,000. Finally, Arkadios Wealth Advisors acquired a new stake in shares of FuboTV during the 2nd quarter valued at approximately $76,000. Institutional investors and hedge funds own 39.31% of the company’s stock.

Wall Street Analyst Weigh In

FUBO has been the topic of several research reports. Needham & Company LLC reissued a “buy” rating and set a $2.00 price target on shares of FuboTV in a research report on Monday, August 19th. Seaport Res Ptn lowered FuboTV from a “strong-buy” rating to a “hold” rating in a report on Monday, August 19th. Finally, Barrington Research reaffirmed a “market perform” rating on shares of FuboTV in a research note on Tuesday, August 20th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $2.88.

FuboTV Trading Down 1.0 %

NYSE:FUBO opened at $1.42 on Wednesday. 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 1-year low of $1.10 and a 1-year high of $3.82. The firm has a market capitalization of $472.74 million, a price-to-earnings ratio of -2.11 and a beta of 1.76. The stock has a fifty day simple moving average of $1.55 and a 200 day simple moving average of $1.44.

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.