GSA Capital Partners LLP Has $394,000 Holdings in FuboTV Inc. (NYSE:FUBO)

GSA Capital Partners LLP decreased its holdings in shares of FuboTV Inc. (NYSE:FUBO) by 35.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 277,580 shares of the company’s stock after selling 154,144 shares during the period. GSA Capital Partners LLP owned approximately 0.08% of FuboTV worth $394,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD lifted its stake in FuboTV by 5.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 183,815 shares of the company’s stock valued at $291,000 after buying an additional 9,229 shares in the last quarter. Arkadios Wealth Advisors increased its position in shares of FuboTV by 19.5% during the 3rd quarter. Arkadios Wealth Advisors now owns 73,677 shares of the company’s stock worth $105,000 after purchasing an additional 12,000 shares during the last quarter. Apollon Wealth Management LLC raised its position in FuboTV by 41.2% during the third quarter. Apollon Wealth Management LLC now owns 42,611 shares of the company’s stock worth $61,000 after acquiring an additional 12,431 shares in the last quarter. United Advisor Group LLC bought a new stake in shares of FuboTV in the 3rd quarter valued at about $26,000. Finally, Hibernia Wealth Partners LLC bought a new position in shares of FuboTV during the 3rd quarter worth approximately $27,000. Institutional investors own 39.31% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Seaport Res Ptn downgraded FuboTV from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 19th. Needham & Company LLC restated a “buy” rating and set a $2.00 price objective on shares of FuboTV in a research 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 analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $2.88.

FuboTV Stock Performance

Shares of FUBO stock opened at $1.53 on Friday. The firm has a 50 day moving average of $1.53 and a 200-day moving average of $1.44. The company has a market cap of $511.16 million, a price-to-earnings ratio of -2.28 and a beta of 1.76. 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 $3.82.

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.