Key Points
- CFO Shane Kapral sold 1,946 shares of TKO on Jan. 5 at an average price of $204.21 for about $397,393, cutting his holding by 32.17% to 4,104 shares (≈$838,078).
- Significant insider selling continued across the company — including director Nick Khan (37,425 shares, ≈$7.64M), Mark S. Shapiro (32,022, ≈$6.54M), Seth D. Krauss (9,777, ≈$2.03M) and Andrew M. Schleimer (5,739, ≈$1.17M) — indicating notable insider trimming.
- Company fundamentals and capital actions: TKO missed quarterly EPS ($0.47 vs. $0.58 est.) with revenue down 27.3% y/y to $1.12B, while the board approved a $1.0B buyback (up to 2.5% of shares) and raised the quarterly dividend to $0.78 (annualized $3.12; yield 1.5%; payout ratio 119.54%).
TKO Group Holdings, Inc. (NYSE:TKO - Get Free Report) CFO Shane Kapral sold 1,946 shares of the business's stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $204.21, for a total transaction of $397,392.66. Following the transaction, the chief financial officer owned 4,104 shares of the company's stock, valued at approximately $838,077.84. This represents a 32.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Shane Kapral also recently made the following trade(s):
- 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 transaction of $54,739.08.
- On Monday, December 22nd, Shane Kapral sold 254 shares of TKO Group stock. The shares were sold at an average price of $214.08, for a total transaction of $54,376.32.
- On Monday, December 15th, Shane Kapral sold 254 shares of TKO Group stock. The shares were sold at an average price of $206.44, for a total transaction of $52,435.76.
- On Monday, December 8th, Shane Kapral sold 254 shares of TKO Group stock. The stock was sold at an average price of $202.41, for a total value of $51,412.14.
- On Monday, December 1st, Shane Kapral sold 254 shares of TKO Group stock. The stock was sold at an average price of $192.82, for a total value of $48,976.28.
- On Monday, November 24th, Shane Kapral sold 254 shares of TKO Group stock. The stock was sold at an average price of $178.32, for a total value of $45,293.28.
- On Monday, November 17th, Shane Kapral sold 254 shares of TKO Group stock. The stock was sold at an average price of $183.56, for a total value of $46,624.24.
TKO Group Trading Down 1.6%
NYSE TKO opened at $203.62 on Tuesday. TKO Group Holdings, Inc. has a 52 week low of $133.07 and a 52 week high of $218.11. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.46 and a current ratio of 1.46. The stock's 50 day moving average price is $196.84 and its two-hundred day moving average price is $188.53. The stock has a market capitalization of $39.72 billion, a price-to-earnings ratio of 78.01 and a beta of 0.62.
TKO Group (NYSE:TKO - Get Free Report) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.11). The business had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.12 billion. TKO Group had a return on equity of 2.57% and a net margin of 5.27%.TKO Group's revenue was down 27.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.28 earnings per share. As a group, analysts anticipate that TKO Group Holdings, Inc. will post 3.88 earnings per share for the current fiscal year.
TKO Group declared that its board has approved a share buyback program on Monday, September 15th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the company to repurchase up to 2.5% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its stock is undervalued.
TKO Group Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 15th were given a dividend of $0.78 per share. This is a boost from TKO Group's previous quarterly dividend of $0.76. The ex-dividend date of this dividend was Monday, December 15th. This represents a $3.12 annualized dividend and a yield of 1.5%. TKO Group's payout ratio is presently 119.54%.
Key TKO Group News
Here are the key news stories impacting TKO Group this week:
- Negative Sentiment: CFO Shane Kapral sold 1,946 shares at an average price of $204.21 for ~$397K, reducing his holding by 32.17%. SEC Filing - Kapral Sale
- Negative Sentiment: CFO Andrew M. Schleimer sold 5,739 shares at $204.08 for ~$1.17M, trimming his stake by 26.11%. SEC Filing - Schleimer Sale
- Negative Sentiment: Insider Seth D. Krauss sold 9,777 shares at $207.67 for ~$2.03M, a 55.05% reduction in his direct ownership. SEC Filing - Krauss Sale
- Negative Sentiment: Insider Mark S. Shapiro sold 32,022 shares at $204.08 for ~$6.54M, reducing his position by 23.40%. SEC Filing - Shapiro Sale
- Negative Sentiment: Director Nick Khan sold 37,425 shares at $204.01 for ~$7.64M, a 23.35% reduction in his holdings. SEC Filing - Khan Sale
Hedge Funds Weigh In On TKO Group
Large investors have recently modified their holdings of the stock. Baird Financial Group Inc. boosted its holdings in shares of TKO Group by 20.0% during the 1st quarter. Baird Financial Group Inc. now owns 2,417 shares of the company's stock worth $369,000 after buying an additional 403 shares during the period. Royal Bank of Canada grew its position in shares of TKO Group by 26.6% in the first quarter. Royal Bank of Canada now owns 115,502 shares of the company's stock valued at $17,650,000 after purchasing an additional 24,245 shares during the last quarter. Amundi increased its stake in shares of TKO Group by 338.7% during the first quarter. Amundi now owns 1,360 shares of the company's stock worth $205,000 after purchasing an additional 1,050 shares during the period. Advisors Asset Management Inc. lifted its holdings in TKO Group by 61.3% during the 1st quarter. Advisors Asset Management Inc. now owns 2,423 shares of the company's stock worth $370,000 after purchasing an additional 921 shares during the last quarter. Finally, AQR Capital Management LLC boosted its stake in TKO Group by 10.7% in the 1st quarter. AQR Capital Management LLC now owns 7,222 shares of the company's stock valued at $1,083,000 after purchasing an additional 696 shares during the period. 89.79% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several analysts recently issued reports on TKO shares. TD Cowen upped their target price on TKO Group from $230.00 to $245.00 and gave the stock a "buy" rating in a report on Monday, December 8th. Sanford C. Bernstein upped their price objective on TKO Group from $190.00 to $230.00 and gave the stock an "outperform" rating in a research note on Monday, October 6th. Guggenheim raised their target price on shares of TKO Group from $205.00 to $225.00 and gave the company a "buy" rating in a research note on Friday, October 3rd. Susquehanna upped their price target on shares of TKO Group from $229.00 to $230.00 and gave the stock a "positive" rating in a research report on Wednesday, December 10th. Finally, Zacks Research cut shares of TKO Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, November 4th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $226.00.
Check Out Our Latest Analysis on TKO
TKO Group Company Profile
(
Get Free Report)
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.
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