Key Points
- CFO Shane Kapral sold 615 shares of TKO on Jan 27 at an average price of $202.72, and has sold about 6,654 shares since Dec 1 for roughly $1.35 million, indicating ongoing insider selling.
- After the Jan 27 transaction Kapral directly owns 3,433 shares, a 15.19% decrease in his stake valued at approximately $695,938.
- TKO trades near $201 with a market cap of $39.27B; analysts give a consensus rating of "Moderate Buy" with a target of about $227.73, and the company recently raised its quarterly dividend to $0.78 (annualized $3.12, ~1.5% yield).
TKO Group Holdings, Inc. (NYSE:TKO - Get Free Report) CFO Shane Kapral sold 615 shares of TKO Group stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $202.72, for a total transaction of $124,672.80. Following the transaction, the chief financial officer directly owned 3,433 shares in the company, valued at approximately $695,937.76. This represents a 15.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Shane Kapral also recently made the following trade(s):
- On Thursday, January 22nd, Shane Kapral sold 1,238 shares of TKO Group stock. The shares were sold at an average price of $201.98, for a total value of $250,051.24.
- On Tuesday, January 20th, Shane Kapral sold 613 shares of TKO Group stock. The shares were sold at an average price of $203.77, for a total transaction of $124,911.01.
- On Monday, January 12th, Shane Kapral sold 749 shares of TKO Group stock. The shares were sold at an average price of $198.83, for a total transaction of $148,923.67.
- On Wednesday, January 7th, Shane Kapral sold 224 shares of TKO Group stock. The shares were sold at an average price of $201.47, for a total value of $45,129.28.
- On Monday, January 5th, Shane Kapral sold 1,946 shares of TKO Group stock. The shares were 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 stock was 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 value of $52,435.76.
- On Monday, December 8th, Shane Kapral sold 254 shares of TKO Group stock. The shares were 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.
TKO Group Stock Performance
NYSE TKO opened at $201.30 on Friday. The firm has a market capitalization of $39.27 billion, a P/E ratio of 77.13 and a beta of 0.62. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.42. The firm's fifty day moving average price is $203.47 and its two-hundred day moving average price is $191.74. TKO Group Holdings, Inc. has a 1 year low of $133.07 and a 1 year high of $218.11.
TKO Group (NYSE:TKO - Get Free Report) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.11). TKO Group had a net margin of 5.27% and a return on equity of 2.57%. The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the prior year, the company earned $0.28 EPS. TKO Group's quarterly revenue was down 27.3% on a year-over-year basis. As a group, research analysts anticipate that TKO Group Holdings, Inc. will post 3.88 EPS for the current year.
TKO Group Increases Dividend
The company also recently disclosed 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 represents a $3.12 annualized dividend and a yield of 1.5%. The ex-dividend date was Monday, December 15th. This is a positive change from TKO Group's previous quarterly dividend of $0.76. TKO Group's dividend payout ratio (DPR) is 119.54%.
Analyst Upgrades and Downgrades
TKO has been the topic of a number of analyst reports. Seaport Research Partners upgraded shares of TKO Group from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 15th. Sanford C. Bernstein increased their price target on TKO Group from $190.00 to $230.00 and gave the stock an "outperform" rating in a research report on Monday, October 6th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of TKO Group in a report on Monday, December 29th. JPMorgan Chase & Co. increased their target price on TKO Group from $220.00 to $225.00 and gave the stock an "overweight" rating in a report on Wednesday, January 21st. Finally, Guggenheim raised their price target on TKO Group from $205.00 to $225.00 and gave the stock a "buy" rating in a research report on Friday, October 3rd. Fourteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, TKO Group has an average rating of "Moderate Buy" and a consensus target price of $227.73.
View Our Latest Stock Analysis on TKO
Institutional Investors Weigh In On TKO Group
Hedge funds and other institutional investors have recently bought and sold shares of the company. Whittier Trust Co. increased its stake in shares of TKO Group by 350.0% in the second quarter. Whittier Trust Co. now owns 135 shares of the company's stock valued at $25,000 after buying an additional 105 shares during the period. Golden State Wealth Management LLC grew its holdings in TKO Group by 840.0% during the 2nd 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 last quarter. Cromwell Holdings LLC increased its position in TKO Group by 1,360.0% in the 3rd 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 period. Eastern Bank bought a new position in shares of TKO Group during the second quarter valued at $34,000. Finally, CYBER HORNET ETFs LLC bought a new position in shares of TKO Group during the second quarter valued at $34,000. 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.
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