Endeavor Group Holdings, Inc. (NYSE:EDR - Get Free Report) CFO Jason Lublin sold 20,832 shares of the company's stock in a transaction that occurred on Tuesday, April 9th. The shares were sold at an average price of $26.52, for a total value of $552,464.64. Following the completion of the transaction, the chief financial officer now owns 130,187 shares in the company, valued at $3,452,559.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Jason Lublin also recently made the following trade(s):
- On Tuesday, March 12th, Jason Lublin sold 20,832 shares of Endeavor Group stock. The stock was sold at an average price of $24.71, for a total value of $514,758.72.
- On Thursday, February 22nd, Jason Lublin sold 46,419 shares of Endeavor Group stock. The shares were sold at an average price of $24.08, for a total transaction of $1,117,769.52.
- On Tuesday, January 23rd, Jason Lublin sold 20,832 shares of Endeavor Group stock. The shares were sold at an average price of $25.47, for a total value of $530,591.04.
Endeavor Group Stock Up 0.0 %
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Shares of Endeavor Group stock opened at $26.40 on Friday. The company has a market capitalization of $18.28 billion, a P/E ratio of 25.38, a PEG ratio of 1.93 and a beta of 0.82. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.24 and a quick ratio of 1.24. The business's fifty day moving average price is $24.89 and its two-hundred day moving average price is $23.57. Endeavor Group Holdings, Inc. has a 1-year low of $17.65 and a 1-year high of $26.63.
Endeavor Group (NYSE:EDR - Get Free Report) last posted its quarterly earnings data on Wednesday, February 28th. The company reported $0.07 EPS for the quarter, hitting analysts' consensus estimates of $0.07. Endeavor Group had a return on equity of 1.05% and a net margin of 5.98%. The company had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.55 billion. As a group, research analysts forecast that Endeavor Group Holdings, Inc. will post 1.27 EPS for the current year.
Endeavor Group Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.91%. The ex-dividend date was Thursday, March 14th. Endeavor Group's dividend payout ratio is presently 23.08%.
Analysts Set New Price Targets
Several research firms have weighed in on EDR. Seaport Res Ptn downgraded Endeavor Group from a "buy" rating to a "neutral" rating in a research report on Tuesday, April 2nd. Jefferies Financial Group reaffirmed a "hold" rating and issued a $27.50 target price (down previously from $29.00) on shares of Endeavor Group in a report on Thursday, April 4th. StockNews.com cut shares of Endeavor Group from a "hold" rating to a "sell" rating in a report on Friday, February 2nd. UBS Group reiterated a "neutral" rating and issued a $27.50 target price (down from $31.00) on shares of Endeavor Group in a research note on Wednesday, April 3rd. Finally, Evercore ISI reaffirmed an "in-line" rating and set a $27.50 price target (down from $28.00) on shares of Endeavor Group in a research note on Wednesday, April 3rd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $29.85.
Read Our Latest Stock Analysis on Endeavor Group
Institutional Investors Weigh In On Endeavor Group
Institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. grew its position in Endeavor Group by 1.8% during the 3rd quarter. Vanguard Group Inc. now owns 14,651,192 shares of the company's stock worth $291,559,000 after purchasing an additional 254,550 shares in the last quarter. Morgan Stanley grew its holdings in shares of Endeavor Group by 24.9% during the 4th quarter. Morgan Stanley now owns 13,474,269 shares of the company's stock valued at $303,710,000 after acquiring an additional 2,689,204 shares in the last quarter. Millennium Management LLC raised its stake in shares of Endeavor Group by 6.4% during the 4th quarter. Millennium Management LLC now owns 7,114,037 shares of the company's stock worth $160,350,000 after purchasing an additional 429,390 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Endeavor Group by 20.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,814,416 shares of the company's stock valued at $139,140,000 after buying an additional 978,196 shares during the last quarter. Finally, FMR LLC lifted its stake in Endeavor Group by 3.7% in the third quarter. FMR LLC now owns 5,145,883 shares of the company's stock valued at $102,403,000 after acquiring an additional 184,212 shares during the last quarter. 71.37% of the stock is owned by institutional investors and hedge funds.
About Endeavor Group
(
Get Free Report)
Endeavor Group Holdings, Inc operates as a sports and entertainment company in the United States, the United Kingdom, and internationally. It operates through four segments: Owned Sports Properties; Events, Experiences & Rights; Representation; and Sports Data & Technology. The Owned Sports Properties segment operates a portfolio of sports properties, including Ultimate Fighting Championship, World Wrestling Entertainment, Inc, Professional Bull Rider, and Euroleague.
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