Key Points
- CFO Shane Kapral sold 616 shares on Feb. 23 at an average price of $210 for $129,360, leaving him with 969 shares — a 38.86% reduction in his direct holding.
- The Feb. 23 sale is part of a string of recent insider dispositions by Kapral across January–February (including 1,946 shares on Jan. 5 for ~$397,393 and 1,238 shares on Jan. 22 for ~$250,051), indicating ongoing stock sales by the CFO.
- TKO Group has a market capitalization of about $40.9 billion and a P/E of 80.33; the company recently raised its quarterly dividend to $0.78 ($3.12 annualized, ~1.5% yield) but has a high dividend payout ratio of ~119.5%.
TKO Group Holdings, Inc. (NYSE:TKO - Get Free Report) CFO Shane Kapral sold 616 shares of TKO Group stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $210.00, for a total value of $129,360.00. Following the transaction, the chief financial officer directly owned 969 shares in the company, valued at approximately $203,490. The trade was a 38.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Shane Kapral also recently made the following trade(s):
- On Tuesday, February 17th, Shane Kapral sold 616 shares of TKO Group stock. The shares were sold at an average price of $208.01, for a total value of $128,134.16.
- On Monday, February 9th, Shane Kapral sold 616 shares of TKO Group stock. The shares were sold at an average price of $211.54, for a total value of $130,308.64.
- On Monday, February 2nd, Shane Kapral sold 616 shares of TKO Group stock. The stock was sold at an average price of $202.04, for a total transaction of $124,456.64.
- On Tuesday, January 27th, Shane Kapral sold 615 shares of TKO Group stock. The stock was sold at an average price of $202.72, for a total transaction of $124,672.80.
- 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 transaction of $250,051.24.
- On Tuesday, January 20th, Shane Kapral sold 613 shares of TKO Group stock. The stock was 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 stock was 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 transaction of $45,129.28.
- 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 shares were sold at an average price of $216.36, for a total value of $54,739.08.
TKO Group Stock Performance
Shares of TKO opened at $209.65 on Wednesday. The stock has a 50 day moving average of $207.38 and a 200 day moving average of $197.21. The company has a market capitalization of $40.90 billion, a price-to-earnings ratio of 80.33 and a beta of 0.65. TKO Group Holdings, Inc. has a 12 month low of $133.07 and a 12 month high of $218.11. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.42.
TKO Group Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Monday, December 15th were paid a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a dividend 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 presently 119.54%.
Institutional Trading of TKO Group
Hedge funds and other institutional investors have recently modified their holdings of the business. Axxcess Wealth Management LLC boosted its holdings in TKO Group by 5.3% in the 4th quarter. Axxcess Wealth Management LLC now owns 1,425 shares of the company's stock worth $298,000 after buying an additional 72 shares during the period. Corient Private Wealth LLC lifted its position in shares of TKO Group by 16.6% during the fourth quarter. Corient Private Wealth LLC now owns 5,582 shares of the company's stock worth $1,166,000 after acquiring an additional 794 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in shares of TKO Group by 27.7% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 1,979 shares of the company's stock worth $414,000 after acquiring an additional 429 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of TKO Group by 26.8% in the fourth quarter. Raymond James Financial Inc. now owns 527,716 shares of the company's stock worth $112,042,000 after acquiring an additional 111,649 shares during the period. Finally, State of Tennessee Department of Treasury grew its position in shares of TKO Group by 5.7% in the fourth quarter. State of Tennessee Department of Treasury now owns 39,719 shares of the company's stock valued at $8,046,000 after purchasing an additional 2,135 shares in the last quarter. Institutional investors own 89.79% of the company's stock.
Analysts Set New Price Targets
A number of research firms recently issued reports on TKO. Pivotal Research raised their price objective on shares of TKO Group from $225.00 to $235.00 and gave the stock a "buy" rating in a report on Thursday, November 6th. Zacks Research downgraded shares of TKO Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, November 4th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of TKO Group in a report on Monday, December 29th. Susquehanna reiterated a "positive" rating and issued a $251.00 price objective on shares of TKO Group in a research note on Monday, January 19th. Finally, JPMorgan Chase & Co. increased their price objective on TKO Group from $220.00 to $225.00 and gave the company an "overweight" rating in a report on Wednesday, January 21st. Fourteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, TKO Group has a consensus rating of "Moderate Buy" and an average price target of $230.20.
Check Out Our Latest Analysis on TKO
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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