Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
Edgar Bronfman Jr., Executive Chairman of FuboTV Inc. (NASDAQ:FUBO), sold a total of 119,208 shares of common stock on August 12 and 13, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sales, which amounted to approximately $435,390, were executed at weighted average prices ranging from $3.6219 to $3.6718 per share. The transaction comes as FUBO shares have shown remarkable strength, posting a 193% gain year-to-date, though InvestingPro data indicates the stock remains notably volatile.
On August 12, Bronfman sold 38,265 shares, 12,755 shares, and 8,674 shares. These shares were sold at an average price of $3.6219. On August 13, he sold 38,266 shares, 12,755 shares, and 8,673 shares at an average price of $3.6718. Track insider transactions and access comprehensive analysis with InvestingPro, which offers exclusive insights on 1,400+ stocks.
The filing indicates that these shares are indirectly owned through various entities: Luminari Capital, L.P., Waverley Capital, L.P., and WL fuboTV, LP. Bronfman disclaims beneficial ownership of these securities except to the extent of his pecuniary interest. Following these transactions, Bronfman continues to indirectly hold a significant number of FuboTV shares through these entities. He also directly holds 277,967 shares of FuboTV, including 128,640 shares received from pro rata distributions. With analyst price targets ranging from $4.25 to $5.00, and current market capitalization of $1.27 billion, InvestingPro analysis suggests the stock is slightly undervalued at current levels.
In other recent news, fuboTV reported its second-quarter earnings, showcasing a notable performance that exceeded expectations. The streaming platform achieved revenue of $380 million, which was a 3% decline year-over-year but still surpassed Needham’s estimate by 2% and the forecasted $353.72 million. FuboTV also surprised analysts with an unexpected earnings per share of $0.05, outperforming the anticipated -$0.05. The company reported 1.356 million North American subscribers, surpassing BTIG’s estimate of 1.250 million, aided by events like the FIFA Club World Cup and reduced pricing for Latino packages. However, fuboTV experienced a global subscriber decline of 119,000 during the quarter, which was 10% better than expected. BTIG has maintained its Neutral rating on the stock, while Needham reiterated its Buy rating with a $4.25 price target, citing potential upsides from a deal with Disney. Despite these positive results, the market showed a cautious response due to mixed signals from the earnings call, including a decline in North American subscribers.
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