TKO Group Holdings, Inc. (NYSE:TKO) CEO Ariel Emanuel Purchases 116,256 Shares of Stock

TKO Group Holdings, Inc. (NYSE:TKO) CEO Ariel Emanuel acquired 116,256 shares of the firm’s stock in a transaction that occurred on Monday, February 10th. The shares were purchased at an average cost of $172.03 per share, with a total value of $19,999,519.68. Following the completion of the acquisition, the chief executive officer now owns 2,305,222 shares in the company, valued at $396,567,340.66. This trade represents a 5.31 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Wednesday, February 12th, Ariel Emanuel bought 117,769 shares of TKO Group stock. The shares were purchased at an average cost of $175.40 per share, with a total value of $20,656,682.60.
• On Thursday, February 6th, Ariel Emanuel purchased 72,970 shares of TKO Group stock. The stock was acquired at an average cost of $160.59 per share, for a total transaction of $11,718,252.30.
• On Tuesday, February 4th, Ariel Emanuel purchased 76,587 shares of TKO Group stock. The shares were acquired at an average price of $157.13 per share, with a total value of $12,034,115.31.
• On Thursday, January 30th, Ariel Emanuel bought 66,021 shares of TKO Group stock. The stock was bought at an average price of $158.39 per share, with a total value of $10,457,066.19.
• On Tuesday, January 28th, Ariel Emanuel bought 92,559 shares of TKO Group stock. The stock was purchased at an average cost of $157.69 per share, with a total value of $14,595,628.71.
• On Friday, January 24th, Ariel Emanuel acquired 105,038 shares of TKO Group stock. The shares were bought at an average cost of $153.04 per share, for a total transaction of $16,075,015.52.
• On Wednesday, January 22nd, Ariel Emanuel bought 115,952 shares of TKO Group stock. The stock was purchased at an average price of $143.85 per share, for a total transaction of $16,679,695.20.
• On Thursday, December 12th, Ariel Emanuel bought 60,208 shares of TKO Group stock. The stock was acquired at an average cost of $143.73 per share, for a total transaction of $8,653,695.84.

TKO Group Stock Performance

Shares of NYSE TKO opened at $176.82 on Thursday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.17 and a quick ratio of 1.17. TKO Group Holdings, Inc. has a twelve month low of $78.69 and a twelve month high of $178.13. The business’s 50 day moving average price is $148.39 and its two-hundred day moving average price is $130.87.

Institutional Investors Weigh In On TKO Group

Several hedge funds have recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC boosted its holdings in shares of TKO Group by 559.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 178 shares of the company’s stock worth $26,000 after buying an additional 151 shares during the period. Geneos Wealth Management Inc. acquired a new stake in TKO Group during the fourth quarter worth approximately $32,000. Game Plan Financial Advisors LLC increased its position in shares of TKO Group by 172.2% in the fourth quarter. Game Plan Financial Advisors LLC now owns 245 shares of the company’s stock worth $35,000 after purchasing an additional 155 shares during the period. Blue Trust Inc. increased its holdings in TKO Group by 52.4% in the 3rd quarter. Blue Trust Inc. now owns 259 shares of the company’s stock valued at $32,000 after buying an additional 89 shares during the period. Finally, SBI Securities Co. Ltd. acquired a new position in TKO Group during the fourth quarter valued at approximately $38,000. Institutional investors and hedge funds own 89.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on TKO shares. UBS Group increased their price objective on shares of TKO Group from $135.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, January 7th. Benchmark cut TKO Group from a “buy” rating to a “hold” rating in a report on Thursday, October 24th. Citigroup increased their price target on TKO Group from $137.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, December 17th. Roth Mkm raised 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. Finally, 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. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $148.08.

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.