TKO Group (NYSE:TKO) CFO Shane Kapral Sells 615 Shares

TKO Group Holdings, Inc. (NYSE:TKOGet Free Report) CFO Shane Kapral sold 615 shares of the stock in a transaction dated 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 owned 3,433 shares of the company’s stock, valued at approximately $695,937.76. This represents a 15.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 stock was 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 value of $148,923.67.
  • On Wednesday, January 7th, Shane Kapral sold 224 shares of TKO Group stock. The stock was 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 shares were sold at an average price of $204.21, for a total transaction 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 value 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 value 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 shares were 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 stock was sold at an average price of $192.82, for a total value of $48,976.28.

TKO Group Price Performance

TKO Group stock traded up $6.42 during mid-day trading on Thursday, reaching $201.30. 1,132,283 shares of the company were exchanged, compared to its average volume of 864,796. The firm has a market cap of $39.27 billion, a PE ratio of 77.13 and a beta of 0.62. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.46 and a quick ratio of 1.46. The company has a fifty day simple moving average of $203.47 and a 200-day simple moving average of $191.74. TKO Group Holdings, Inc. has a 12 month low of $133.07 and a 12 month high of $218.11.

TKO Group (NYSE:TKOGet Free Report) last released its earnings results 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). The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.12 billion. TKO Group had a return on equity of 2.57% and a net margin of 5.27%.The business’s revenue for the quarter was down 27.3% compared to the same quarter last year. During the same period last year, the company posted $0.28 earnings per share. As a group, equities 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 announced a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 15th were given a $0.78 dividend. This is a boost 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%. The ex-dividend date was Monday, December 15th. TKO Group’s dividend payout ratio (DPR) is presently 119.54%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on TKO. Guggenheim raised their price objective on TKO Group from $205.00 to $225.00 and gave the company a “buy” rating in a report on Friday, October 3rd. Wolfe Research reissued an “outperform” rating and set a $227.00 price target on shares of TKO Group in a research note on Monday, December 15th. TD Cowen restated a “buy” rating on shares of TKO Group in a report on Monday, December 8th. JPMorgan Chase & Co. raised their price objective on shares of TKO Group from $220.00 to $225.00 and gave the company an “overweight” rating in a report on Wednesday, January 21st. Finally, BTIG Research lifted their target price on shares of TKO Group from $235.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, December 31st. Fourteen equities 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, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $227.73.

Check Out Our Latest Report on TKO

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Amundi raised its holdings in shares of TKO Group by 338.7% in the 1st quarter. Amundi now owns 1,360 shares of the company’s stock worth $205,000 after acquiring an additional 1,050 shares during the last quarter. AQR Capital Management LLC increased its holdings in TKO Group by 10.7% during the 1st quarter. AQR Capital Management LLC now owns 7,222 shares of the company’s stock worth $1,083,000 after purchasing an additional 696 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of TKO Group by 4,722.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,777 shares of the company’s stock worth $1,341,000 after purchasing an additional 8,595 shares during the last quarter. United Services Automobile Association purchased a new stake in shares of TKO Group in the first quarter worth approximately $218,000. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of TKO Group by 127.7% in the first quarter. Geneos Wealth Management Inc. now owns 510 shares of the company’s stock valued at $78,000 after purchasing an additional 286 shares in 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.

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