TKO Group Holdings, Inc. (NYSE:TKO) CAO Shane Kapral Sells 1,034 Shares

TKO Group Holdings, Inc. (NYSE:TKO) CAO Shane Kapral sold 1,034 shares of TKO Group stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $141.94, for a total value of $146,765.96. Following the completion of the sale, the chief accounting officer now directly owns 2,225 shares of the company’s stock, valued at approximately $315,816.50. This represents a 31.73 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

TKO Group Stock Down 0.5 %

NYSE:TKO traded down $0.66 during trading hours on Monday, hitting $141.74. The stock had a trading volume of 740,863 shares, compared to its average volume of 589,310. The business has a 50 day simple moving average of $134.17 and a two-hundred day simple moving average of $122.56. TKO Group Holdings, Inc. has a 1-year low of $75.35 and a 1-year high of $149.40. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.34. The company has a market cap of $24.20 billion, a PE ratio of -337.48 and a beta of 1.07.

TKO Group (NYSE:TKO) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.28). TKO Group had a negative net margin of 1.26% and a positive return on equity of 3.39%. The firm had revenue of $681.20 million for the quarter, compared to analyst estimates of $665.12 million. During the same period in the previous year, the business posted $0.52 earnings per share. TKO Group’s revenue for the quarter was up 51.7% on a year-over-year basis. Analysts predict that TKO Group Holdings, Inc. will post 3.88 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of TKO. Blue Trust Inc. grew its stake in TKO Group by 52.4% during the 3rd quarter. Blue Trust Inc. now owns 259 shares of the company’s stock valued at $32,000 after purchasing an additional 89 shares in the last quarter. First Horizon Advisors Inc. boosted its stake in TKO Group by 491.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 278 shares of the company’s stock valued at $34,000 after acquiring an additional 231 shares during the last quarter. Signaturefd LLC lifted its position in shares of TKO Group by 39.4% during the third quarter. Signaturefd LLC now owns 386 shares of the company’s stock worth $48,000 after purchasing an additional 109 shares during the last quarter. Quarry LP acquired a new position in TKO Group in the second quarter worth about $51,000. Finally, International Assets Investment Management LLC increased its holdings in TKO Group by 12,275.0% in the third quarter. International Assets Investment Management LLC now owns 495 shares of the company’s stock valued at $61,000 after buying an additional 491 shares during the last quarter. Institutional investors and hedge funds own 89.79% of the company’s stock.

Wall Street Analyst Weigh In

TKO has been the subject of a number of research analyst reports. Citigroup upped their price objective on shares of TKO Group from $137.00 to $170.00 and gave the company a “buy” rating in a research note on Tuesday, December 17th. Roth Mkm increased their price target on shares of TKO Group from $146.00 to $148.00 and gave the stock a “buy” rating in a research note on Wednesday, October 16th. TD Cowen lifted their price target on shares of TKO Group from $140.00 to $143.00 and gave the company a “buy” rating in a report on Tuesday, October 29th. Pivotal Research increased their target price on TKO Group from $145.00 to $165.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Finally, The Goldman Sachs Group boosted their price target on TKO Group from $132.00 to $138.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Three analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $136.79.

TKO Group Company Profile

TKO Group Holdings, Inc operates as a sports and entertainment company. The company produces and licenses live events, television programs, and long-form and short-form content, reality series, and other filmed entertainment on digital and linear channels and via pay-per-view. It is involved in the merchandising of video games, apparel, equipment, trading cards, memorabilia, digital goods, and toys, as well as sale of travel packages and tickets.