Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. fuboTV Inc shares valued at $35,091 were sold by Horihuela Alberto on Jan 10 ’25. At $5.98 per share, Horihuela Alberto sold 5,868 shares. The insider’s holdings dropped to 1,446,730 shares worth approximately $5.57 million following the completion of this transaction.
Also, Horihuela Alberto sold 403,847 shares, netting a total of over 2,434,794 in proceeds. Following the sale of shares at $6.03 each, the insider now holds 1,449,751 shares.
Before that, Horihuela Alberto had sold 29,358 shares from its account. In a trade valued at $176,089, the Chief Operating Officer traded fuboTV Inc shares for $6.00 each. Upon closing the transaction, the insider’s holdings decreased to 29,358 shares, worth approximately $5.57 million.
As published in a research note from Barrington Research on August 20, 2024, fuboTV Inc [FUBO] has been retained to a Mkt perform. Analysts at Seaport Research Partners downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid August. As of July 05, 2024, Needham has reiterated its “Buy” rating for FUBO. Earlier on March 04, 2024, Seaport Research Partners upgraded its rating. Their new recommendation was “a Buy” for FUBO stock which previously was a “a Neutral”.
Analyzing FUBO Stock Performance
During the last five days, there has been a surge of approximately 5.48%. Over the course of the year, fuboTV Inc shares have jumped approximately 205.56%. Shares of the company reached a 52-week high of $6.45 on 01/07/25 and a 52-week low of $1.29 on 01/02/25. A 50-day SMA is recorded $3.12, while a 200-day SMA reached $1.87. Nevertheless, trading volume fell to 11.47 million shares from 14.64 million shares the previous day.
Support And Resistance Levels for fuboTV Inc (FUBO)
According to the 24-hour chart, there is a support level at 3.73, which, if violated, would cause prices to drop to 3.62. In the upper region, resistance lies at 3.94. The next price resistance is at 4.04. RSI (Relative Strength Index) is 51.98 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.09, which suggests the price will decrease in the coming days. Percent R is at 78.90%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
