TKO Group Holdings, Inc. $TKO Stock Sold by Park Avenue Securities LLC

Park Avenue Securities LLC lessened its position in shares of TKO Group Holdings, Inc. (NYSE:TKO) by 85.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,000 shares of the company’s stock after selling 11,551 shares during the quarter. Park Avenue Securities LLC’s holdings in TKO Group were worth $359,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of TKO. Cornerstone Planning Group LLC increased its holdings in shares of TKO Group by 543.5% in the first quarter. Cornerstone Planning Group LLC now owns 148 shares of the company’s stock valued at $28,000 after purchasing an additional 125 shares during the period. Ameritas Advisory Services LLC purchased a new position in shares of TKO Group in the second quarter worth about $43,000. Summit Securities Group LLC lifted its holdings in shares of TKO Group by 211.1% during the first quarter. Summit Securities Group LLC now owns 308 shares of the company’s stock worth $62,000 after purchasing an additional 209 shares during the period. AlphaCentric Advisors LLC acquired a new stake in shares of TKO Group during the first quarter worth about $99,000. Finally, Allworth Financial LP lifted its holdings in shares of TKO Group by 12.2% during the second quarter. Allworth Financial LP now owns 615 shares of the company’s stock worth $124,000 after purchasing an additional 67 shares during the period. 89.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on TKO shares. BTIG Research reiterated a “buy” rating and issued a $237.00 price target on shares of TKO Group in a report on Wednesday, October 21st. Robert W. Baird decreased their price objective on shares of TKO Group from $275.00 to $250.00 and set an “outperform” rating for the company in a research note on Tuesday, August 18th. The Goldman Sachs Group dropped their price objective on shares of TKO Group from $220.00 to $215.00 and set a “buy” rating on the stock in a report on Tuesday, October 27th. Arete Research raised shares of TKO Group from a “neutral” rating to a “buy” rating and set a $208.00 price objective on the stock in a report on Tuesday, October 20th. Finally, Citigroup reiterated a “market outperform” rating on shares of TKO Group in a research note on Tuesday, October 27th. Fourteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $229.29.

TKO Group Stock Performance

Shares of TKO stock opened at $190.20 on Friday. The stock has a market cap of $36.00 billion, a PE ratio of 51.27 and a beta of 0.66. The business has a 50-day simple moving average of $182.63 and a 200-day simple moving average of $193.10. The company has a quick ratio of 1.28, a current ratio of 1.35 and a debt-to-equity ratio of 0.58. TKO Group Holdings, Inc. has a 52-week low of $170.14 and a 52-week high of $226.94.

TKO Group (NYSE:TKO) last posted its earnings results on Wednesday, November 4th. The company reported $1.33 EPS for the quarter, topping the consensus estimate of $1.20 by $0.13. The firm had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.38 billion. TKO Group had a return on equity of 3.35% and a net margin of 5.19%. TKO Group’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same period last year, the company earned $0.47 earnings per share. On average, equities analysts expect that TKO Group Holdings, Inc. will post 7.04 EPS for the current year.

TKO Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were issued a $0.79 dividend. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $3.16 dividend on an annualized basis and a yield of 1.7%. TKO Group’s payout ratio is presently 85.18%.

Key Headlines Impacting TKO Group

Here are the key news stories impacting TKO Group this week:

• Positive Sentiment: TKO reported third-quarter adjusted earnings of $1.33 per share, above the $1.20 consensus estimate, while revenue rose 21.4% year over year. The company also increased its projections, supporting the growth outlook. TKO reports over $1.3 billion in Q3 revenue
• Positive Sentiment: Management is discussing ways to expand distribution beyond Paramount+, with HBO mentioned as a possible outlet for UFC content. Additional platforms could broaden audience reach and create new media revenue opportunities, though no deal was announced. TKO discusses expanding distribution
• Positive Sentiment: Susquehanna lowered its price target slightly, from $224 to $223, but retained a positive rating, signaling continued analyst confidence in potential upside. Susquehanna price-target update
• Neutral Sentiment: TKO says WWE and UFC events in the Middle East, including WWE’s Saudi Arabia event, remain planned despite the Iran war. The events could support revenue if they proceed, but regional uncertainty creates execution risk. TKO executive on WWE Crown Jewel in Saudi Arabia
• Negative Sentiment: Third-quarter revenue of $1.36 billion fell short of the $1.38 billion analyst estimate, and reports noted a dip in WWE revenue. These results temper the strong earnings-per-share and year-over-year growth figures. TKO Q3 results and WWE revenue
• Negative Sentiment: TKO priced a $1 billion offering of 6.5% senior secured notes due 2031. The financing provides capital but adds debt and interest costs. TKO announces senior secured notes offering

Insider Buying and Selling

In other news, Director Nick Khan sold 9,189 shares of TKO Group stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $175.19, for a total transaction of $1,609,820.91. Following the completion of the transaction, the director directly owned 20,162 shares of the company’s stock, valued at $3,532,180.78. The trade was a 31.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Mark S. Shapiro sold 19,120 shares of TKO Group stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $194.39, for a total transaction of $3,716,736.80. Following the transaction, the insider directly owned 147,071 shares of the company’s stock, valued at approximately $28,589,131.69. This trade represents a 11.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 97,325 shares of company stock worth $18,798,012. 64.30% of the stock is currently owned by company insiders.

About TKO Group

TKO Group Holdings, Inc is a global sports and entertainment company whose principal properties are UFC, the mixed martial arts organization, and WWE, the professional wrestling and sports entertainment company. TKO was formed in 2023 when Endeavor combined UFC and WWE under a single publicly traded company.

The company generates business through live events and ticket sales, media and streaming rights, sponsorships, licensing, and consumer products. UFC and WWE produce programming and events for audiences worldwide, alongside related digital content and merchandise.

TKO serves markets around the world through its events, broadcast and streaming partnerships, and commercial activities.