FuboTV's Insider Activity Remains Quiet Amidst Heavy Institutional Interest
As of February 28, 2025, FuboTV Inc. (FUBO) has presented a strikingly quiet front in terms of insider trading activity over the past year. According to the latest insider and ownership information, there have been no insider transactions recorded in the last 12 months. This inactivity diverges from the notable movement observed in institutional holdings, which continue to play a pivotal role in the company's overall ownership structure.
Although insider transactions have been dormant, historical data reveals that there were seven insider sales transactions, totaling 4,978,562 shares, in the previous six months. Conversely, insider purchases amounted to 3,021,193 shares over the same period, resulting in a net sale of 1,957,369 shares. This reflects a negative trend in insider sentiment, indicated by a net percentage of negative 13.2% of shares sold compared to buys.
On the ownership front, the company's shares are predominantly held by institutions. Presently, institutional holdings account for approximately 36.3% of FuboTV, with a slightly higher float percentage at 37.71%. This substantial institutional interest highlights confidence among large financial entities in the company’s growth prospects. Leading the pack is Blackrock Inc., which reported holding a significant 5.8% stake, translating to over 27 million shares as of December 31, 2024. Vanguard Group Inc. and State Street Corporation also maintain sizable positions, reinforcing institutional backing.
Additionally, mutual funds have demonstrated continued support. Notably, the Vanguard Total Stock Market Index Fund holds around 18.96% of FuboTV's shares. Other prominent mutual fund holders include the iShares Russell 2000 ETF and the Vanguard Extended Market Index Fund, indicating a strong institutional endorsement from diverse financial products.
As the market evolves, FuboTV's reliance on institutional confidence may become a focal point for market analysts, especially given the lack of recent insider trading activity, which could signal uncertain sentiments internally. Investors will be keenly watching any shifts in these dynamics, which could influence FuboTV’s market performance in the coming months.
Institutional Investors Show Confidence in FuboTV Amidst Lack of Recent Insider Trading Activity.
Key Points
- FuboTV Inc. has shown a lack of insider trading activity over the past year despite significant institutional interest, with no insider transactions recorded in the last 12 months.
- Historical data indicates a net sale of 1,957,369 shares by insiders, reflecting a negative trend in insider sentiment, while institutional holdings account for approximately 36.3% of the company's shares.
- Notable institutional stakeholders such as Blackrock Inc. and mutual funds like the Vanguard Total Stock Market Index Fund underscore substantial confidence in FuboTV's growth prospects, even as insiders remain inactive.
Cicada Financial Research Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Cicada Financial Research as a whole. Cicada Financial Research is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysis is generated using artificial intelligence and machine learning technologies to process market data and identify patterns. While we strive for accuracy, AI-generated analysis should be considered one of many factors in investment decision-making.
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