Bank of America Cuts FuboTV Holdings Amid Market Shifts

New York, NY — Bank of America Corp DE has significantly reduced its stake in FuboTV Inc., selling 584,908 shares during the fourth quarter of 2025. This move represents a 62.8% decrease in its holdings, according to a recent filing with the Securities and Exchange Commission (SEC).

Following the sale, Bank of America now owns 346,570 shares valued at approximately $437,000. Other institutional investors have also adjusted their FuboTV stakes, signaling a dynamic trading environment.

Notable transactions include BNP Paribas Financial Markets, which purchased a new position worth about $55,000, and Mercer Global Advisors, which acquired shares valued at around $165,000. Furthermore, Schonfeld Strategic Advisors added a stake estimated at $168,000, while Northern Trust Corp increased its holdings by 16.9%, now owning nearly 3 million shares worth nearly $3.8 million.

As of Thursday, FuboTV shares opened at $3.36, having a market capitalization of $1.15 billion. The stock exhibits a P/E ratio of -5.01 and a beta of 2.24. According to recent analysts’ reports, FuboTV has experienced fluctuations, with a low of $1.10 and a high of $6.45 over the past year.

Research firm Wedbush lowered its price target from $6.40 to $5.00, while UBS Group set a target of $3.50. Needham & Company also adjusted their target to $3.00 from $3.35. Presently, three analysts rate FuboTV as a hold, two as buy, and one as strong buy, reflecting various market perspectives on the stock.

FuboTV Inc. provides a subscription service for sports, news, and entertainment content via multiple streaming platforms. Founded in 2009, the company is headquartered in New York, NY.