TKO Group (NYSE:TKO) CFO Shane Kapral Sells 254 Shares

TKO Group Holdings, Inc. (NYSE:TKO) CFO Shane Kapral sold 254 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $199.15, for a total transaction of $50,584.10. Following the completion of the transaction, the chief financial officer directly owned 99 shares of the company’s stock, valued at approximately $19,715.85. This represents a 71.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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

• On Tuesday, March 3rd, Shane Kapral sold 616 shares of TKO Group stock. The stock was sold at an average price of $221.91, for a total transaction of $136,696.56.
• On Monday, February 23rd, Shane Kapral sold 616 shares of TKO Group stock. The shares were sold at an average price of $210.00, for a total transaction of $129,360.00.
• 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 transaction of $128,134.16.
• On Monday, February 9th, Shane Kapral sold 616 shares of TKO Group stock. The stock was 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 stock was sold at an average price of $202.04, for a total value 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 value 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 value 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 value 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 shares were sold at an average price of $201.47, for a total value of $45,129.28.

TKO Group Trading Up 0.7%

TKO stock traded up $1.38 during midday trading on Tuesday, reaching $205.45. The stock had a trading volume of 1,168,066 shares, compared to its average volume of 891,522. The firm has a market cap of $39.88 billion, a price-to-earnings ratio of 91.31 and a beta of 0.66. TKO Group Holdings, Inc. has a twelve month low of $133.07 and a twelve month high of $226.94. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.43. The business has a fifty day simple moving average of $207.32 and a two-hundred day simple moving average of $199.03.

TKO Group (NYSE:TKO) last released its earnings results on Wednesday, February 25th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.20). The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.02 billion. TKO Group had a net margin of 4.13% and a return on equity of 2.07%. The business’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.28 earnings per share. As a group, research analysts expect that TKO Group Holdings, Inc. will post 3.88 EPS for the current fiscal year.

TKO Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be 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 of this dividend is Monday, March 16th. TKO Group’s payout ratio is 138.67%.

Institutional Investors Weigh In On TKO Group

Several hedge funds have recently bought and sold shares of TKO. Corient Private Wealth LLC raised its holdings in TKO Group by 18.8% during the 4th quarter. Corient Private Wealth LLC now owns 5,690 shares of the company’s stock worth $1,189,000 after buying an additional 902 shares during the period. Hsbc Holdings PLC boosted its holdings in shares of TKO Group by 38.1% in the fourth quarter. Hsbc Holdings PLC now owns 105,333 shares of the company’s stock valued at $22,115,000 after buying an additional 29,076 shares during the period. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of TKO Group by 150.0% in the fourth quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,000 shares of the company’s stock valued at $3,135,000 after buying an additional 9,000 shares during the period. Axxcess Wealth Management LLC increased its position in shares of TKO Group by 5.3% during the fourth quarter. Axxcess Wealth Management LLC now owns 1,425 shares of the company’s stock worth $298,000 after acquiring an additional 72 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its position in shares of TKO Group by 27.7% during 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 in the last quarter. 89.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on TKO. UBS Group raised their price objective on shares of TKO Group from $235.00 to $238.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. Morgan Stanley set a $210.00 price target on TKO Group in a research note on Thursday, December 18th. Sanford C. Bernstein raised their price target on TKO Group from $230.00 to $250.00 and gave the stock an “outperform” rating in a research report on Thursday, February 19th. Roth Mkm reaffirmed a “buy” rating and set a $240.00 price objective on shares of TKO Group in a research note on Thursday, February 12th. Finally, BTIG Research cut their target price on TKO Group from $250.00 to $237.00 and set a “buy” rating on the stock in a research note on Thursday, February 19th. Thirteen research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, TKO Group has a consensus rating of “Moderate Buy” and a consensus price target of $231.40.

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.