FUBOTV Reports Earnings, Insider and Hedge Fund Trading Insights
FUBOTV ($FUBO) released its quarterly earnings results on Friday, February 28th. The company reported earnings of -$0.02 per share, surpassing estimates of -$0.18 by $0.16. However, revenue came in at $443,280,000, falling short of projections of $454,714,255 by $11,434,255.
For detailed information on FUBOTV, you can access Quiver Quantitative’s $FUBO Stock page to monitor insider trading, hedge fund maneuvers, and more.
Insider Trading Activity at FUBOTV
In the past six months, FUBOTV insiders executed 12 trades on the open market. Notably, no shares were purchased; all 12 actions were sales.
Here’s a summary of the recent insider trading activities related to $FUBO over the last half-year:
- DAVID GANDLER (Chief Executive Officer) had 0 purchases and executed 5 sales, totaling 4,315,096 shares for an estimated $22,470,376.
- ALBERTO HORIHUELA (Chief Operating Officer) completed 0 purchases and 4 sales, selling 486,551 shares valued at approximately $2,715,766.
- JOHN JANEDIS (Chief Financial Officer) made no purchases and 3 sales, selling 176,915 shares for an estimated $331,831.
To stay updated on insider transactions, visit Quiver Quantitative’s insider trading dashboard.
Hedge Fund Activity Surrounding FUBOTV
Recently, 94 institutional investors added shares of FUBOTV Stock to their portfolios, while 106 reduced their holdings in the last quarter.
Highlighted below are some significant recent changes:
- BLACKROCK, INC. increased its portfolio by 4,085,327 shares (+17.4%) in Q4 2024, valued at approximately $5,147,512.
- MILLENNIUM MANAGEMENT LLC cut its holdings by 2,924,508 shares (-29.4%), amounting to about $3,684,880.
- MARSHALL WACE, LLP reduced its position by 2,408,614 shares (-29.3%) for an estimated $3,034,853.
- VERITION FUND MANAGEMENT LLC decreased its portfolio by 2,308,859 shares (-76.6%), at an estimated value of $2,909,162.
- HRT FINANCIAL LP grew its holdings by 1,865,343 shares (+inf%) in Q4 2024, worth an estimated $2,350,332.
- VANGUARD GROUP INC added 1,377,663 shares (+8.0%) to its portfolio, valued at approximately $1,735,855.
- RENAISSANCE TECHNOLOGIES LLC expanded its position by 1,344,956 shares (+45.1%), with an estimated value of $1,694,644.
For insights on hedge funds’ Stock portfolios, check out Quiver Quantitative’s institutional holdings dashboard.
This article does not constitute financial advice. For more information, see Quiver Quantitative’s disclaimers. Please be mindful that inaccuracies may arise from ticker-mapping errors and other discrepancies.
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.