Officer Files Intent to Sell $1.46M in FuboTV Stock
FUBO sits 26% above its 52-week low of $8.31.
Summary
An officer at FuboTV Inc. has filed a Form 144 to sell $1.46 million in Class A common stock, indicating a planned reduction in their stake.
Key Events · Ownership and Investor Activity · FUBO
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Officer Files Intent to Sell Shares
Alberto Horihuela, an officer, filed a Form 144 indicating an intent to sell 141,074 shares of Class A common stock.
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Significant Value of Proposed Sale
The proposed sale has an approximate market value of $1.46 million, representing a notable insider disposition.
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Follows Recent Reverse Stock Split
This filing occurs after the company's 1-for-12 reverse stock split, which became effective on March 24, 2026.
Analysis · FUBO · Trade & Services
An officer of FuboTV Inc. has filed a Form 144 indicating an intent to sell approximately $1.46 million worth of Class A common stock. This filing signals a potential reduction in insider holdings, which can be viewed negatively by the market as it suggests an insider is cashing out.
At the time of this filing, FUBO was trading at $10.46 on NYSE in the Trade & Services sector, with a market capitalization of approximately $1.1B. The 52-week trading range was $8.31 to $56.64. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.