Key Points
- On January 7, CFO Shane Kapral sold 224 shares at an average price of $201.47 for roughly $45,129, leaving him with 3,880 shares — a 5.46% reduction in his position.
- The sale is part of a string of recent insider disposals (including 1,946 shares on Jan 5 and multiple monthly sales since mid-November), indicating a sustained reduction in his holdings.
- TKO shares trade near $202 with a $39.4B market cap and a PE of ~77.4; the company raised its quarterly dividend to $0.78 (1.5% yield), approved a $1.0B buyback, and holds a consensus "Moderate Buy" price target of $226.
TKO Group Holdings, Inc. (NYSE:TKO - Get Free Report) CFO Shane Kapral sold 224 shares of the firm's stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $201.47, for a total value of $45,129.28. Following the completion of the sale, the chief financial officer directly owned 3,880 shares in the company, valued at approximately $781,703.60. The trade was a 5.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shane Kapral also recently made the following trade(s):
- On Monday, January 5th, Shane Kapral sold 1,946 shares of TKO Group stock. The stock was sold at an average price of $204.21, for a total value of $397,392.66.
- 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 stock was 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 transaction of $51,412.14.
- On Monday, December 1st, Shane Kapral sold 254 shares of TKO Group stock. The shares were sold at an average price of $192.82, for a total transaction 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 transaction 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 transaction of $46,624.24.
TKO Group Stock Down 0.5%
TKO opened at $201.99 on Friday. The business's fifty day simple moving average is $197.74 and its 200 day simple moving average is $188.91. TKO Group Holdings, Inc. has a 52 week low of $133.07 and a 52 week high of $218.11. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.42. The stock has a market cap of $39.40 billion, a PE ratio of 77.39 and a beta of 0.62.
TKO Group (NYSE:TKO - Get Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.58 by ($0.11). The firm had revenue of $1.12 billion during the quarter, compared to analysts' expectations 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 for the quarter was down 27.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.28 earnings per share. As a group, research analysts expect that TKO Group Holdings, Inc. will post 3.88 earnings per share for the current fiscal year.
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. The ex-dividend date was Monday, December 15th. This is an increase from TKO Group's previous quarterly dividend of $0.76. This represents a $3.12 dividend on an annualized basis and a yield of 1.5%. TKO Group's dividend payout ratio (DPR) is 119.54%.
TKO Group declared that its board has approved a stock repurchase program on Monday, September 15th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the company to purchase up to 2.5% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board believes its stock is undervalued.
Wall Street Analysts Forecast Growth
TKO has been the subject of several recent research reports. Guggenheim boosted their price target on shares of TKO Group from $205.00 to $225.00 and gave the stock a "buy" rating in a research note on Friday, October 3rd. Pivotal Research lifted their price objective on TKO Group from $225.00 to $235.00 and gave the stock a "buy" rating in a report on Thursday, November 6th. BTIG Research boosted their target price on TKO Group from $235.00 to $250.00 and gave the company a "buy" rating in a research note on Wednesday, December 31st. Zacks Research cut TKO Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, November 4th. Finally, Cowen reaffirmed a "buy" rating on shares of TKO Group in a research note on Monday, December 8th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, TKO Group currently has a consensus rating of "Moderate Buy" and a consensus price target of $226.00.
Read Our Latest Report on TKO Group
Institutional Trading of TKO Group
Large investors have recently bought and sold shares of the company. O Keefe Stevens Advisory Inc. grew its holdings in shares of TKO Group by 6.0% during the 4th quarter. O Keefe Stevens Advisory Inc. now owns 9,052 shares of the company's stock worth $1,892,000 after acquiring an additional 513 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of TKO Group by 17.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,970 shares of the company's stock valued at $1,008,000 after purchasing an additional 739 shares in the last quarter. Maridea Wealth Management LLC purchased a new stake in TKO Group in the fourth quarter worth $314,000. Aventura Private Wealth LLC bought a new position in TKO Group in the fourth quarter worth $35,000. Finally, Everhart Financial Group Inc. bought a new position in TKO Group in the fourth quarter worth $438,000. 89.79% of the stock is owned by institutional investors.
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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