Shane Kapral Sells 616 Shares of TKO Group (NYSE:TKO) Stock

TKO Group Holdings, Inc. (NYSE:TKO) CFO Shane Kapral sold 616 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $208.01, for a total value of $128,134.16. Following the completion of the transaction, the chief financial officer owned 1,585 shares of the company’s stock, valued at approximately $329,695.85. This represents a 27.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Shane Kapral also recently made the following trade(s):

• 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 transaction of $130,308.64.
• On Monday, February 2nd, Shane Kapral sold 616 shares of TKO Group stock. The shares were 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 shares were 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 stock was 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 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 value 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.
• 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 value of $54,376.32.

TKO Group Price Performance

TKO stock opened at $208.66 on Friday. The stock’s 50 day moving average is $207.37 and its two-hundred day moving average is $195.75. TKO Group Holdings, Inc. has a 52-week low of $133.07 and a 52-week high of $218.11. The company has a market capitalization of $40.71 billion, a PE ratio of 79.95 and a beta of 0.65. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.42.

TKO Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 15th were paid a dividend of $0.78 per share. This is a positive change from TKO Group’s previous quarterly dividend of $0.76. The ex-dividend date was Monday, December 15th. This represents a $3.12 dividend on an annualized basis and a yield of 1.5%. TKO Group’s payout ratio is currently 119.54%.

Hedge Funds Weigh In On TKO Group

Several institutional investors have recently modified their holdings of TKO. Amundi lifted its position in TKO Group by 338.7% in the 1st quarter. Amundi now owns 1,360 shares of the company’s stock valued at $205,000 after purchasing an additional 1,050 shares during the last quarter. AQR Capital Management LLC grew its position in TKO Group by 10.7% in 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 during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased 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 valued at $1,341,000 after purchasing an additional 8,595 shares during the period. United Services Automobile Association bought a new stake in shares of TKO Group during the first quarter valued at approximately $218,000. Finally, Geneos Wealth Management Inc. boosted its position in shares of TKO Group by 127.7% during the first quarter. Geneos Wealth Management Inc. now owns 510 shares of the company’s stock worth $78,000 after buying an additional 286 shares during the period. Institutional investors own 89.79% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TKO. BTIG Research cut their target price on shares of TKO Group from $250.00 to $237.00 and set a “buy” rating on the stock in a research note on Thursday. Susquehanna reiterated a “positive” rating and issued a $251.00 price target on shares of TKO Group in a research note on Monday, January 19th. 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 note on Wednesday, January 21st. Roth Mkm reaffirmed a “buy” rating and set a $240.00 target price on shares of TKO Group in a report on Thursday, February 12th. Finally, Zacks Research lowered TKO Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 4th. Fourteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $230.20.

TKO Group Company Profile

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.