TKO Group (NYSE:TKO) CFO Shane Kapral Sells 616 Shares

TKO Group Holdings, Inc. (NYSE:TKO) CFO Shane Kapral sold 616 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $210.00, for a total transaction of $129,360.00. Following the completion of the sale, the chief financial officer directly owned 969 shares of the company’s stock, valued at $203,490. The trade was a 38.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

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

• On Tuesday, February 17th, Shane Kapral sold 616 shares of TKO Group stock. The stock was sold at an average price of $208.01, for a total transaction of $128,134.16.
• On Monday, February 9th, Shane Kapral sold 616 shares of TKO Group stock. The shares were sold at an average price of $211.54, for a total transaction of $130,308.64.
• On Monday, February 2nd, Shane Kapral sold 616 shares of TKO Group stock. The shares were sold at an average price of $202.04, for a total transaction of $124,456.64.
• On Tuesday, January 27th, Shane Kapral sold 615 shares of TKO Group stock. The stock was sold at an average price of $202.72, for a total value of $124,672.80.
• On Thursday, January 22nd, Shane Kapral sold 1,238 shares of TKO Group stock. The shares were sold at an average price of $201.98, for a total value 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 value of $54,739.08.

TKO Group Stock Up 1.8%

TKO stock traded up $3.70 during mid-day trading on Tuesday, hitting $209.65. 763,539 shares of the company were exchanged, compared to its average volume of 726,512. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.46 and a current ratio of 1.46. TKO Group Holdings, Inc. has a 1-year low of $133.07 and a 1-year high of $218.11. The firm’s 50 day simple moving average is $207.38 and its 200 day simple moving average is $197.21. The firm has a market cap of $40.90 billion, a P/E ratio of 80.33 and a beta of 0.65.

TKO Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 15th were given a $0.78 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $3.12 annualized dividend and a yield of 1.5%. This is an increase from TKO Group’s previous quarterly dividend of $0.76. TKO Group’s payout ratio is presently 119.54%.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Sanford C. Bernstein lifted their price target on TKO Group from $230.00 to $250.00 and gave the company an “outperform” rating in a research note on Thursday, February 19th. JPMorgan Chase & Co. increased their price objective on TKO Group from $220.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, January 21st. Susquehanna reissued a “positive” rating and issued a $251.00 target price on shares of TKO Group in a research report on Monday, January 19th. Wolfe Research restated an “outperform” rating and issued a $227.00 target price on shares of TKO Group in a research note on Monday, December 15th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of TKO Group in a research note on Monday, December 29th. Fourteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $230.20.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Golden State Wealth Management LLC grew its stake in shares of TKO Group by 840.0% in the second quarter. Golden State Wealth Management LLC now owns 141 shares of the company’s stock valued at $26,000 after buying an additional 126 shares in the last quarter. Elyxium Wealth LLC acquired a new stake in TKO Group in the fourth quarter valued at $27,000. Cromwell Holdings LLC grew its position in shares of TKO Group by 1,360.0% in the 3rd quarter. Cromwell Holdings LLC now owns 146 shares of the company’s stock valued at $29,000 after acquiring an additional 136 shares during the period. Torren Management LLC bought a new position in shares of TKO Group in the 4th quarter valued at about $32,000. Finally, CYBER HORNET ETFs LLC acquired a new position in shares of TKO Group during the 2nd quarter worth about $34,000. Institutional investors and hedge funds own 89.79% of the company’s stock.

TKO Group Company Profile

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.