TKO Group Holdings, Inc. (NYSE:TKO) CEO Ariel Emanuel Buys 115,952 Shares

TKO Group Holdings, Inc. (NYSE:TKO) CEO Ariel Emanuel bought 115,952 shares of the firm’s stock in a transaction on Wednesday, January 22nd. The stock was acquired at an average price of $143.85 per share, for a total transaction of $16,679,695.20. Following the transaction, the chief executive officer now owns 1,031,804 shares of the company’s stock, valued at approximately $148,425,005.40. The trade was a 12.66 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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

• On Thursday, December 12th, Ariel Emanuel bought 60,208 shares of TKO Group stock. The stock was acquired at an average price of $143.73 per share, for a total transaction of $8,653,695.84.

TKO Group Stock Down 1.2 %

TKO Group stock opened at $142.80 on Thursday. The stock’s 50 day moving average is $140.00 and its 200 day moving average is $125.27. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.34. TKO Group Holdings, Inc. has a one year low of $78.69 and a one year high of $149.40.

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

Hedge Funds Weigh In On TKO Group

Several institutional investors have recently added to or reduced their stakes in the business. Stonegate Investment Group LLC acquired a new position in TKO Group in the fourth quarter valued at approximately $208,000. Pacer Advisors Inc. lifted its stake in TKO Group by 10.1% in the fourth quarter. Pacer Advisors Inc. now owns 55,318 shares of the company’s stock valued at $7,861,000 after buying an additional 5,094 shares during the period. KBC Group NV lifted its stake in TKO Group by 56.7% in the fourth quarter. KBC Group NV now owns 2,912 shares of the company’s stock valued at $414,000 after buying an additional 1,054 shares during the period. Blue Trust Inc. lifted its stake in TKO Group by 28.2% in the fourth quarter. Blue Trust Inc. now owns 332 shares of the company’s stock valued at $47,000 after buying an additional 73 shares during the period. Finally, Stablepoint Partners LLC lifted its stake in TKO Group by 205.6% in the fourth quarter. Stablepoint Partners LLC now owns 5,743 shares of the company’s stock valued at $816,000 after buying an additional 3,864 shares during the period. 89.79% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TKO has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lifted their target price on TKO Group from $137.00 to $158.00 and gave the company an “overweight” rating in a research report on Thursday, December 12th. Benchmark cut TKO Group from a “buy” rating to a “hold” rating in a research report on Thursday, October 24th. Pivotal Research lifted their target price on TKO Group from $145.00 to $165.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. The Goldman Sachs Group boosted their price target on TKO Group from $132.00 to $138.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Finally, Guggenheim boosted their price target on TKO Group from $135.00 to $140.00 and gave the stock a “buy” rating in a report on Monday, September 30th. Three investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $139.29.

About TKO Group

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.