TKO Group Holdings, Inc. (NYSE:TKO) CAO Sells $18,694.00 in Stock

TKO Group Holdings, Inc. (NYSE:TKO) CAO Shane Kapral sold 130 shares of TKO Group stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $143.80, for a total value of $18,694.00. Following the completion of the sale, the chief accounting officer now directly owns 2,536 shares in the company, valued at $364,676.80. This represents a 4.88 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

• On Friday, January 3rd, Shane Kapral sold 1,034 shares of TKO Group stock. The shares were sold at an average price of $141.94, for a total value of $146,765.96.

TKO Group Trading Up 0.7 %

TKO opened at $153.06 on Friday. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.34. The business’s fifty day simple moving average is $141.35 and its 200 day simple moving average is $125.74. TKO Group Holdings, Inc. has a 52 week low of $78.69 and a 52 week high of $154.25.

TKO Group (NYSE:TKO) last posted its quarterly earnings data 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 during the quarter, compared to analyst estimates of $665.12 million. During the same period in the prior year, the firm earned $0.52 EPS. The business’s quarterly revenue was up 51.7% on a year-over-year basis. As a group, equities analysts predict that TKO Group Holdings, Inc. will post 3.88 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Guggenheim raised their target price on TKO Group from $135.00 to $140.00 and gave the company a “buy” rating in a report on Monday, September 30th. Roth Mkm boosted their price objective on shares of TKO Group from $146.00 to $148.00 and gave the stock a “buy” rating in a report on Wednesday, October 16th. JPMorgan Chase & Co. upped their target price on shares of TKO Group from $137.00 to $158.00 and gave the stock an “overweight” rating in a research report on Thursday, December 12th. UBS Group lifted their price target on shares of TKO Group from $135.00 to $170.00 and gave the company a “buy” rating in a research report on Tuesday, January 7th. Finally, Citigroup raised their price objective on TKO Group from $137.00 to $170.00 and gave the company a “buy” rating in a research note on Tuesday, December 17th. Three investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $141.21.

Institutional Investors Weigh In On TKO Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Spire Wealth Management acquired a new stake in TKO Group in the 4th quarter worth about $54,000. Tokio Marine Asset Management Co. Ltd. acquired a new stake in shares of TKO Group in the fourth quarter worth approximately $6,921,000. Stonegate Investment Group LLC purchased a new stake in TKO Group in the fourth quarter valued at approximately $208,000. Pacer Advisors Inc. increased its position in TKO Group by 10.1% during the fourth quarter. Pacer Advisors Inc. now owns 55,318 shares of the company’s stock worth $7,861,000 after purchasing an additional 5,094 shares during the last quarter. Finally, KBC Group NV raised its stake in TKO Group by 56.7% during the fourth quarter. KBC Group NV now owns 2,912 shares of the company’s stock worth $414,000 after purchasing an additional 1,054 shares during the period. Hedge funds and other institutional investors own 89.79% of the company’s stock.

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.