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 the business’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $143.80, for a total transaction of $18,694.00. Following the completion of the transaction, the chief accounting officer now owns 2,536 shares in the company, valued at $364,676.80. The trade was a 4.88 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

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

TKO Group Stock Down 1.2 %

Shares of TKO opened at $142.80 on Thursday. TKO Group Holdings, Inc. has a fifty-two week low of $78.69 and a fifty-two week high of $149.40. 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 firm’s 50 day moving average price is $140.00 and its 200 day moving average price is $125.27.

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). The company had revenue of $681.20 million for the quarter, compared to analysts’ expectations of $665.12 million. TKO Group had a positive return on equity of 3.39% and a negative net margin of 1.26%. The firm’s revenue was up 51.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.52 EPS. As a group, analysts predict that TKO Group Holdings, Inc. will post 3.88 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on TKO. Benchmark lowered TKO Group from a “buy” rating to a “hold” rating in a research report on Thursday, October 24th. Citigroup upped their price target on TKO Group from $137.00 to $170.00 and gave the company a “buy” rating in a research note on Tuesday, December 17th. Pivotal Research raised their price objective on TKO Group from $145.00 to $165.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Roth Mkm boosted their price objective on shares of TKO Group from $146.00 to $148.00 and gave the company a “buy” rating in a report on Wednesday, October 16th. Finally, 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 research note on Tuesday, October 29th. Three analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $139.29.

Institutional Investors Weigh In On TKO Group

Large investors have recently bought and sold shares of the stock. Blue Trust Inc. grew its position in shares of TKO Group by 28.2% during the fourth quarter. Blue Trust Inc. now owns 332 shares of the company’s stock worth $47,000 after buying an additional 73 shares in the last quarter. Coldstream Capital Management Inc. lifted its stake in TKO Group by 3.3% in the third quarter. Coldstream Capital Management Inc. now owns 3,070 shares of the company’s stock worth $379,000 after acquiring an additional 97 shares during the last quarter. Quent Capital LLC grew its holdings in TKO Group by 17.4% during the 3rd quarter. Quent Capital LLC now owns 680 shares of the company’s stock worth $84,000 after acquiring an additional 101 shares in the last quarter. Signaturefd LLC increased its position in shares of TKO Group by 39.4% in the 3rd quarter. Signaturefd LLC now owns 386 shares of the company’s stock valued at $48,000 after purchasing an additional 109 shares during the last quarter. Finally, UMB Bank n.a. raised its holdings in shares of TKO Group by 72.8% in 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 in the last quarter. 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.