Insider Selling: TKO Group (NYSE:TKO) CFO Sells 615 Shares of Stock

TKO Group Holdings, Inc. (NYSE:TKOGet Free Report) CFO Shane Kapral sold 615 shares of the business’s stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $202.72, for a total transaction of $124,672.80. Following the completion of the sale, the chief financial officer owned 3,433 shares in the company, valued at $695,937.76. This represents a 15.19% 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 Thursday, January 22nd, Shane Kapral sold 1,238 shares of TKO Group stock. The stock was 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 stock was sold at an average price of $203.77, for a total value 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 value of $148,923.67.
  • On Wednesday, January 7th, Shane Kapral sold 224 shares of TKO Group stock. The shares were sold at an average price of $201.47, for a total value 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 value of $397,392.66.
  • On Monday, December 29th, Shane Kapral sold 253 shares of TKO Group stock. The stock was 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 shares were 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 shares were sold at an average price of $206.44, for a total transaction of $52,435.76.
  • On Monday, December 8th, Shane Kapral sold 254 shares of TKO Group stock. The stock was sold at an average price of $202.41, for a total value of $51,412.14.
  • On Monday, December 1st, Shane Kapral sold 254 shares of TKO Group stock. The stock was sold at an average price of $192.82, for a total value of $48,976.28.

TKO Group Trading Up 3.3%

TKO Group stock traded up $6.42 during trading hours on Thursday, reaching $201.30. 1,132,283 shares of the company’s stock traded hands, compared to its average volume of 864,796. TKO Group Holdings, Inc. has a fifty-two week low of $133.07 and a fifty-two week high of $218.11. The firm’s 50 day moving average is $203.47 and its 200-day moving average is $191.74. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.46 and a current ratio of 1.46. The firm has a market capitalization of $39.27 billion, a price-to-earnings ratio of 77.13 and a beta of 0.62.

TKO Group (NYSE:TKOGet Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.11). TKO Group had a return on equity of 2.57% and a net margin of 5.27%.The business had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same period last year, the firm earned $0.28 earnings per share. The company’s quarterly revenue was down 27.3% on a year-over-year basis. On average, analysts predict that TKO Group Holdings, Inc. will post 3.88 earnings per share for the current year.

TKO Group Increases Dividend

The firm also recently announced 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 dividend 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 is presently 119.54%.

Analyst Ratings Changes

A number of brokerages recently commented on TKO. Pivotal Research lifted their price objective on TKO Group from $225.00 to $235.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Sanford C. Bernstein raised their target price on TKO Group from $190.00 to $230.00 and gave the stock an “outperform” rating in a report on Monday, October 6th. Zacks Research lowered TKO Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 4th. JPMorgan Chase & Co. increased their price target on shares of TKO Group from $220.00 to $225.00 and gave the company an “overweight” rating in a research report on Wednesday, January 21st. Finally, Wolfe Research reissued an “outperform” rating and set a $227.00 price objective on shares of TKO Group in a research note on Monday, December 15th. Fourteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, TKO Group has a consensus rating of “Moderate Buy” and a consensus target price of $227.73.

View Our Latest Stock Report on TKO Group

Institutional Investors Weigh In On TKO Group

Several institutional investors have recently added to or reduced their stakes in TKO. Kestra Private Wealth Services LLC increased its holdings in TKO Group by 7.2% during the 4th quarter. Kestra Private Wealth Services LLC now owns 6,803 shares of the company’s stock worth $1,422,000 after purchasing an additional 455 shares in the last quarter. Sanctuary Advisors LLC lifted its holdings in shares of TKO Group by 10.5% in the fourth quarter. Sanctuary Advisors LLC now owns 7,528 shares of the company’s stock valued at $1,573,000 after purchasing an additional 713 shares in the last quarter. Teachers Retirement System of The State of Kentucky boosted its position in shares of TKO Group by 2,305.4% during the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 130,349 shares of the company’s stock worth $27,243,000 after buying an additional 124,930 shares during the period. Concurrent Investment Advisors LLC grew its holdings in shares of TKO Group by 11.2% during the fourth quarter. Concurrent Investment Advisors LLC now owns 1,437 shares of the company’s stock worth $300,000 after buying an additional 145 shares in the last quarter. Finally, HB Wealth Management LLC raised its position in TKO Group by 7.7% in the 4th quarter. HB Wealth Management LLC now owns 2,195 shares of the company’s stock valued at $459,000 after buying an additional 156 shares during the last quarter. 89.79% of the stock is owned by institutional investors.

TKO Group Company Profile

(Get Free Report)

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.

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