TKO Group Holdings, Inc. (NYSE:TKO) CAO Shane Kapral Sells 130 Shares

TKO Group Holdings, Inc. (NYSE:TKO) CAO Shane Kapral sold 130 shares of the company’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $143.80, for a total value of $18,694.00. Following the completion of the sale, the chief accounting officer now directly owns 2,536 shares of the company’s stock, valued at approximately $364,676.80. This trade represents a 4.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Friday, January 3rd, Shane Kapral sold 1,034 shares of TKO Group stock. The shares were sold at an average price of $141.94, for a total value of $146,765.96.

TKO Group Trading Down 1.2 %

Shares of TKO Group stock traded down $1.74 during trading hours on Wednesday, reaching $142.80. 682,188 shares of the company’s stock were exchanged, compared to its average volume of 731,453. The firm has a market capitalization of $24.39 billion, a price-to-earnings ratio of -339.99 and a beta of 1.07. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.34. TKO Group Holdings, Inc. has a 52-week low of $78.69 and a 52-week high of $149.40. The company has a fifty day moving average of $140.00 and a 200-day moving average of $125.27.

TKO Group (NYSE:TKO) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.28). TKO Group had a positive return on equity of 3.39% and a negative net margin of 1.26%. The business had revenue of $681.20 million during the quarter, compared to analyst estimates of $665.12 million. During the same period in the previous year, the business posted $0.52 earnings per share. The firm’s quarterly revenue was up 51.7% on a year-over-year basis. Sell-side analysts forecast that TKO Group Holdings, Inc. will post 3.88 EPS for the current fiscal year.

Institutional Investors Weigh In On TKO Group

Institutional investors have recently bought and sold shares of the stock. Park Avenue Securities LLC increased its stake in TKO Group by 59.2% during the fourth quarter. Park Avenue Securities LLC now owns 13,004 shares of the company’s stock worth $1,848,000 after acquiring an additional 4,836 shares during the last quarter. Retirement Systems of Alabama grew its holdings in shares of TKO Group by 11.0% during the 3rd quarter. Retirement Systems of Alabama now owns 80,707 shares of the company’s stock worth $9,984,000 after purchasing an additional 8,006 shares during the period. HighTower Advisors LLC increased its position in TKO Group by 177.2% during the 3rd quarter. HighTower Advisors LLC now owns 26,197 shares of the company’s stock worth $3,225,000 after purchasing an additional 16,746 shares in the last quarter. Petrus Trust Company LTA purchased a new position in TKO Group in the third quarter valued at approximately $597,000. Finally, Principal Financial Group Inc. lifted its holdings in shares of TKO Group by 1.1% during the 3rd quarter. Principal Financial Group Inc. now owns 1,246,338 shares of the company’s stock valued at $154,185,000 after acquiring an additional 13,148 shares in the last quarter. 89.79% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on TKO shares. Guggenheim raised their price target on TKO Group from $135.00 to $140.00 and gave the stock a “buy” rating in a report on Monday, September 30th. TD Cowen lifted their target price on TKO Group from $140.00 to $143.00 and gave the company a “buy” rating in a research note on Tuesday, October 29th. The Goldman Sachs Group upped their price target on TKO Group from $132.00 to $138.00 and gave the stock a “buy” rating in a research note on Wednesday, October 2nd. Benchmark lowered shares of TKO Group from a “buy” rating to a “hold” rating in a research report on Thursday, October 24th. Finally, Roth Mkm raised their target price on shares of TKO Group from $146.00 to $148.00 and gave the stock a “buy” rating in a research note on Wednesday, October 16th. Three equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to data from MarketBeat, TKO Group presently has an average rating of “Moderate Buy” and an average price target of $139.29.

About TKO Group

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.