TKO Group Holdings, Inc. (NYSE:TKO) CEO Ariel Emanuel Buys 92,559 Shares

TKO Group Holdings, Inc. (NYSE:TKO) CEO Ariel Emanuel acquired 92,559 shares of TKO Group stock in a transaction on Tuesday, January 28th. The stock was acquired at an average cost of $157.69 per share, for a total transaction of $14,595,628.71. Following the completion of the purchase, the chief executive officer now owns 1,439,593 shares of the company’s stock, valued at approximately $227,009,420.17. The trade was a 6.87 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Ariel Emanuel also recently made the following trade(s):

• On Thursday, January 30th, Ariel Emanuel purchased 66,021 shares of TKO Group stock. The stock was bought at an average cost of $158.39 per share, for a total transaction of $10,457,066.19.
• On Friday, January 24th, Ariel Emanuel acquired 105,038 shares of TKO Group stock. The stock was bought at an average price of $153.04 per share, with a total value of $16,075,015.52.
• On Wednesday, January 22nd, Ariel Emanuel bought 115,952 shares of TKO Group stock. The shares were bought at an average price of $143.85 per share, with a total value of $16,679,695.20.
• On Thursday, December 12th, Ariel Emanuel purchased 60,208 shares of TKO Group stock. The stock was purchased at an average price of $143.73 per share, for a total transaction of $8,653,695.84.

TKO Group Trading Up 0.3 %

TKO opened at $157.44 on Friday. 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 business’s 50-day simple moving average is $143.36 and its 200 day simple moving average is $127.02. TKO Group Holdings, Inc. has a 52-week low of $78.69 and a 52-week high of $159.72.

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

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Blue Trust Inc. grew its holdings in TKO Group by 52.4% during the third quarter. Blue Trust Inc. now owns 259 shares of the company’s stock worth $32,000 after purchasing an additional 89 shares during the period. Geneos Wealth Management Inc. bought a new position in shares of TKO Group during the 4th quarter worth approximately $32,000. First Horizon Advisors Inc. increased its holdings in shares of TKO Group by 491.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 278 shares of the company’s stock worth $34,000 after acquiring an additional 231 shares during the last quarter. Game Plan Financial Advisors LLC raised its stake in TKO Group by 172.2% in the 4th quarter. Game Plan Financial Advisors LLC now owns 245 shares of the company’s stock valued at $35,000 after acquiring an additional 155 shares during the period. Finally, UMB Bank n.a. lifted its holdings in TKO Group by 72.8% during the 4th quarter. UMB Bank n.a. now owns 273 shares of the company’s stock valued at $39,000 after purchasing an additional 115 shares during the last quarter. 89.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on TKO shares. TD Cowen increased their target price on shares of TKO Group from $140.00 to $143.00 and gave the stock a “buy” rating in a report on Tuesday, October 29th. The Goldman Sachs Group boosted their target price on TKO Group from $142.00 to $165.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Citigroup lifted their price objective on TKO Group from $137.00 to $170.00 and gave the company a “buy” rating in a report on Tuesday, December 17th. Benchmark cut TKO Group from a “buy” rating to a “hold” rating in a research note on Thursday, October 24th. Finally, JPMorgan Chase & Co. upped their price target on shares of TKO Group from $137.00 to $158.00 and gave the company an “overweight” rating in a report on Thursday, December 12th. Two equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $144.77.

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.