TKO Group (NYSE:TKO) CFO Shane Kapral Sells 616 Shares

TKO Group Holdings, Inc. (NYSE:TKO) CFO Shane Kapral sold 616 shares of TKO Group stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $211.54, for a total value of $130,308.64. Following the transaction, the chief financial officer owned 2,201 shares of the company’s stock, valued at $465,599.54. This represents a 21.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Shane Kapral also recently made the following trade(s):

• On Monday, February 2nd, Shane Kapral sold 616 shares of TKO Group stock. The shares were sold at an average price of $202.04, for a total value of $124,456.64.
• On Tuesday, January 27th, Shane Kapral sold 615 shares of TKO Group stock. The shares were sold at an average price of $202.72, for a total value of $124,672.80.
• On Thursday, January 22nd, Shane Kapral sold 1,238 shares of TKO Group stock. The shares were sold at an average price of $201.98, for a total transaction of $250,051.24.
• On Tuesday, January 20th, Shane Kapral sold 613 shares of TKO Group stock. The shares were sold at an average price of $203.77, for a total transaction of $124,911.01.
• On Monday, January 12th, Shane Kapral sold 749 shares of TKO Group stock. The stock was sold at an average price of $198.83, for a total transaction of $148,923.67.
• On Wednesday, January 7th, Shane Kapral sold 224 shares of TKO Group stock. The stock was sold at an average price of $201.47, for a total transaction of $45,129.28.
• On Monday, January 5th, Shane Kapral sold 1,946 shares of TKO Group stock. The shares were sold at an average price of $204.21, for a total transaction of $397,392.66.
• On Monday, December 29th, Shane Kapral sold 253 shares of TKO Group stock. The shares were sold at an average price of $216.36, for a total transaction of $54,739.08.
• On Monday, December 22nd, Shane Kapral sold 254 shares of TKO Group stock. The stock was sold at an average price of $214.08, for a total transaction of $54,376.32.
• On Monday, December 15th, Shane Kapral sold 254 shares of TKO Group stock. The stock was sold at an average price of $206.44, for a total value of $52,435.76.

TKO Group Price Performance

TKO Group stock opened at $213.48 on Wednesday. The company has a market capitalization of $41.65 billion, a price-to-earnings ratio of 81.79 and a beta of 0.65. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.42. TKO Group Holdings, Inc. has a 12 month low of $133.07 and a 12 month high of $218.11. The stock’s 50 day moving average is $206.24 and its 200-day moving average is $194.17.

TKO Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 15th were given a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a yield of 1.5%. The ex-dividend date was Monday, December 15th. This is a positive change from TKO Group’s previous quarterly dividend of $0.76. TKO Group’s dividend payout ratio (DPR) is 119.54%.

Institutional Trading of TKO Group

Several large investors have recently made changes to their positions in the company. Massachusetts Financial Services Co. MA raised its position in TKO Group by 54.9% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 3,185,769 shares of the company’s stock valued at $665,826,000 after purchasing an additional 1,128,749 shares in the last quarter. State Street Corp lifted its stake in TKO Group by 20.3% during the third quarter. State Street Corp now owns 5,249,091 shares of the company’s stock worth $1,060,106,000 after purchasing an additional 887,401 shares during the last quarter. Norges Bank acquired a new stake in shares of TKO Group in the 2nd quarter valued at $132,441,000. Alliancebernstein L.P. increased its stake in shares of TKO Group by 551.8% in the 2nd quarter. Alliancebernstein L.P. now owns 494,964 shares of the company’s stock valued at $90,059,000 after purchasing an additional 419,021 shares during the last quarter. Finally, Invesco Ltd. increased its stake in shares of TKO Group by 26.9% in the 2nd quarter. Invesco Ltd. now owns 1,806,377 shares of the company’s stock valued at $328,670,000 after purchasing an additional 383,325 shares during the last quarter. Institutional investors and hedge funds own 89.79% of the company’s stock.

Analysts Set New Price Targets

TKO has been the topic of several research reports. Susquehanna restated a “positive” rating and issued a $251.00 price target on shares of TKO Group in a research note on Monday, January 19th. Wolfe Research restated an “outperform” rating and set a $227.00 target price on shares of TKO Group in a research report on Monday, December 15th. TD Cowen reaffirmed a “buy” rating on shares of TKO Group in a report on Monday, December 8th. BTIG Research boosted their price target on TKO Group from $235.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, December 31st. Finally, Arete Research raised TKO Group to a “hold” rating in a research report on Wednesday, October 15th. Fourteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $227.73.

TKO Group Company Profile

TKO Group Holdings (NYSE: TKO) is a global sports and entertainment company formed in 2023 through the combination of two major combat-sports businesses. The company brings together the mixed martial arts organization UFC and the sports entertainment business WWE under a single publicly traded holding company. TKO owns and manages a portfolio of live-event franchises, intellectual property, and media rights centered on combat and sports-entertainment content.

TKO’s core activities include the promotion and production of live events, the licensing and sale of broadcasting and streaming rights, and the development and commercialization of branded consumer products.