TKO Group (NYSE:TKO) CFO Shane Kapral Sells 254 Shares of Stock

TKO Group Holdings, Inc. (NYSE:TKO) CFO Shane Kapral sold 254 shares of the stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $199.15, for a total transaction of $50,584.10. Following the completion of the sale, the chief financial officer directly owned 99 shares of the company’s stock, valued at approximately $19,715.85. This trade represents a 71.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Tuesday, March 3rd, Shane Kapral sold 616 shares of TKO Group stock. The shares were sold at an average price of $221.91, for a total transaction of $136,696.56.
• On Monday, February 23rd, Shane Kapral sold 616 shares of TKO Group stock. The stock was sold at an average price of $210.00, for a total value of $129,360.00.
• 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 value 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 value 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 value of $124,456.64.
• On Tuesday, January 27th, Shane Kapral sold 615 shares of TKO Group stock. The shares were 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 stock was 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 shares were sold at an average price of $203.77, for a total transaction of $124,911.01.
• On Monday, January 12th, Shane Kapral sold 749 shares of TKO Group stock. The shares were sold at an average price of $198.83, for a total transaction 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 transaction of $45,129.28.

TKO Group Trading Up 0.7%

Shares of TKO stock opened at $205.45 on Wednesday. TKO Group Holdings, Inc. has a 1-year low of $133.07 and a 1-year high of $226.94. The firm has a market cap of $39.88 billion, a PE ratio of 91.31 and a beta of 0.66. The company has a 50-day moving average of $207.14 and a two-hundred day moving average of $199.17. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.26 and a quick ratio of 1.26.

TKO Group (NYSE:TKO) last released its quarterly earnings results on Wednesday, February 25th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.20). The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.02 billion. TKO Group had a net margin of 4.13% and a return on equity of 2.07%. TKO Group’s revenue was up 11.9% on a year-over-year basis. During the same period last year, the firm posted $0.28 earnings per share. On average, analysts predict that TKO Group Holdings, Inc. will post 3.88 EPS for the current year.

TKO Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be paid a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Monday, March 16th. TKO Group’s dividend payout ratio is 138.67%.

Hedge Funds Weigh In On TKO Group

A number of institutional investors and hedge funds have recently made changes to their positions in TKO. Congress Asset Management Co. increased its stake in TKO Group by 20.9% in the 3rd quarter. Congress Asset Management Co. now owns 545,079 shares of the company’s stock valued at $110,084,000 after purchasing an additional 94,100 shares in the last quarter. Moran Wealth Management LLC raised its holdings in TKO Group by 95.2% during the third quarter. Moran Wealth Management LLC now owns 39,043 shares of the company’s stock worth $7,885,000 after purchasing an additional 19,040 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in TKO Group by 558.3% during the third quarter. Nisa Investment Advisors LLC now owns 33,342 shares of the company’s stock worth $6,734,000 after purchasing an additional 28,277 shares in the last quarter. Rakuten Investment Management Inc. acquired a new stake in TKO Group in the third quarter valued at $2,678,000. Finally, American Century Companies Inc. grew its holdings in TKO Group by 35.9% in the third quarter. American Century Companies Inc. now owns 726,149 shares of the company’s stock valued at $146,653,000 after purchasing an additional 191,743 shares during the last quarter. 89.79% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Morgan Stanley set a $210.00 price objective on TKO Group in a report on Thursday, December 18th. BTIG Research dropped their target price on TKO Group from $250.00 to $237.00 and set a “buy” rating for the company in a research report on Thursday, February 19th. UBS Group increased their price target on shares of TKO Group from $235.00 to $238.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Sanford C. Bernstein lifted their price objective on shares of TKO Group from $230.00 to $250.00 and gave the company an “outperform” rating in a report on Thursday, February 19th. Finally, Roth Mkm reiterated a “buy” rating and set a $240.00 target price on shares of TKO Group in a report on Thursday, February 12th. Thirteen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, TKO Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $231.40.

About TKO Group

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.