© Reuters.

Retail investors maintain a commanding presence in FuboTV (NYSE:) Inc., holding 60% of the company’s shares, granting them considerable influence over the streaming service provider’s strategic decisions. This level of ownership by individual shareholders also subjects them to the direct impacts of the company’s financial performance.

Institutional investors collectively own 38% of FuboTV, indicating a robust confidence in the company, which is reinforced by its inclusion in major market indices. However, this significant institutional involvement carries the risk of share price volatility should these large stakeholders decide to sell their shares simultaneously.

Among the institutional investors, BlackRock (NYSE:), Inc. and The Vanguard Group, Inc. stand out with substantial holdings of 8% and 7.6%, respectively, followed by Marshall Wace LLP at 2.2%. This demonstrates strong backing from some of the most prominent names in asset management.

Additionally, FuboTV’s CEO David Gandler has a personal stake in the company’s success with his own investment accounting for nearly one percent (0.9%) of its shares. His ownership aligns management’s interests with those of both retail and institutional investors, aiming for long-term growth and profitability.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Read the full article here

Share.

Leave A Reply

Your road to financial

freedom starts here

With our platform as your starting point, you can confidently navigate the path to financial independence and embrace a brighter future.

Registered address:

First Floor, SVG Teachers Credit Union Uptown Building, Kingstown, St. Vincent and the Grenadines

CFDs are complex instruments and have a high risk of loss due to leverage and are not recommended for the general public. Before trading, consider your level of experience, relevant knowledge, and investment objectives and seek financial advice. Vittaverse does not accept clients from OFAC sanctioned jurisdictions. Also, read our legal documents and make sure you fully understand the risks involved before making any trading decision