Key Points
- Nick Khan sold 9,518 TKO shares on Jan. 22 at an average price of $201.31 for about $1.92M, leaving him with 119,566 shares (a 7.37% reduction) valued near $24.07M.
- Khan's Jan. 22 sale is part of a string of recent insider disposals — notably a Jan. 5 sale of 37,425 shares (~$7.64M) plus additional sales in December and November — indicating significant insider selling activity.
- TKO missed quarterly EPS estimates ($0.47 vs. $0.58) with revenue down 27.3% year‑over‑year, yet the company raised its quarterly dividend to $0.78 (annualized $3.12, yield ~1.5%) despite a payout ratio of about 119.5%.
TKO Group Holdings, Inc. (NYSE:TKO - Get Free Report) Director Nick Khan sold 9,518 shares of the firm's stock in a transaction on Thursday, January 22nd. The shares were sold at an average price of $201.31, for a total value of $1,916,068.58. Following the transaction, the director directly owned 119,566 shares of the company's stock, valued at $24,069,831.46. This represents a 7.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Nick Khan also recently made the following trade(s):
- On Thursday, January 22nd, Nick Khan sold 7,744 shares of TKO Group stock. The stock was sold at an average price of $201.98, for a total transaction of $1,564,133.12.
- On Monday, January 5th, Nick Khan sold 37,425 shares of TKO Group stock. The shares were sold at an average price of $204.01, for a total transaction of $7,635,074.25.
- On Wednesday, December 3rd, Nick Khan sold 9,519 shares of TKO Group stock. The stock was sold at an average price of $195.16, for a total transaction of $1,857,728.04.
- On Monday, November 3rd, Nick Khan sold 9,519 shares of TKO Group stock. The shares were sold at an average price of $188.26, for a total transaction of $1,792,046.94.
TKO Group Price Performance
TKO stock opened at $203.63 on Tuesday. 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 firm has a 50 day moving average price of $202.60 and a 200-day moving average price of $191.46. TKO Group Holdings, Inc. has a 52-week low of $133.07 and a 52-week high of $218.11. The firm has a market capitalization of $39.72 billion, a price-to-earnings ratio of 78.02 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 for the quarter, missing analysts' consensus estimates of $0.58 by ($0.11). TKO Group had a net margin of 5.27% and a return on equity of 2.57%. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same period last year, the business earned $0.28 EPS. The firm's quarterly revenue was down 27.3% on a year-over-year basis. Equities research analysts forecast that TKO Group Holdings, Inc. will post 3.88 EPS for the current fiscal year.
TKO Group Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Monday, December 15th were given a $0.78 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $3.12 annualized dividend and a dividend yield of 1.5%. This is a boost from TKO Group's previous quarterly dividend of $0.76. TKO Group's payout ratio is presently 119.54%.
Wall Street Analyst Weigh In
TKO has been the subject of a number of analyst reports. Guggenheim raised their price objective 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. BTIG Research increased their price target on shares of TKO Group from $235.00 to $250.00 and gave the company a "buy" rating in a report on Wednesday, December 31st. Arete Research upgraded shares of TKO Group to a "hold" rating in a report on Wednesday, October 15th. JPMorgan Chase & Co. upped their price objective on TKO Group from $220.00 to $225.00 and gave the company an "overweight" rating in a research report on Wednesday, January 21st. Finally, Seaport Research Partners raised TKO Group from a "hold" rating to a "strong-buy" rating in a report on Wednesday, October 15th. Fourteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, TKO Group presently has a consensus rating of "Moderate Buy" and an average target price of $227.73.
Get Our Latest Research Report on TKO Group
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Whittier Trust Co. grew its position in TKO Group by 350.0% in the 2nd quarter. Whittier Trust Co. now owns 135 shares of the company's stock worth $25,000 after purchasing an additional 105 shares during the period. Golden State Wealth Management LLC grew its holdings in shares of TKO Group by 840.0% in the second quarter. Golden State Wealth Management LLC now owns 141 shares of the company's stock worth $26,000 after acquiring an additional 126 shares during the period. Cromwell Holdings LLC increased its position in TKO Group by 1,360.0% during the third quarter. Cromwell Holdings LLC now owns 146 shares of the company's stock valued at $29,000 after acquiring an additional 136 shares during the last quarter. Aventura Private Wealth LLC bought a new position in TKO Group in the fourth quarter valued at about $35,000. Finally, Atlantic Union Bankshares Corp boosted its position in TKO Group by 1,680.0% in the third quarter. Atlantic Union Bankshares Corp now owns 178 shares of the company's stock worth $36,000 after purchasing an additional 168 shares during the last quarter. Institutional investors own 89.79% of the company's stock.
About TKO Group
(
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
