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 business’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $211.54, for a total value of $130,308.64. Following the sale, the chief financial officer directly owned 2,201 shares in the company, valued at $465,599.54. This trade represents a 21.87% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• 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 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 value 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 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 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 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.

TKO Group Stock Up 2.0%

TKO traded up $4.09 during trading hours on Tuesday, reaching $213.48. 821,071 shares of the stock traded hands, compared to its average volume of 892,460. TKO Group Holdings, Inc. has a fifty-two week low of $133.07 and a fifty-two week high of $218.11. The company has a market cap of $41.65 billion, a price-to-earnings ratio of 77.27 and a beta of 0.65. 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 firm’s fifty day simple moving average is $205.87 and its two-hundred day simple moving average is $193.86.

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 issued a $0.78 dividend. This is an increase 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 of this dividend was Monday, December 15th. TKO Group’s dividend payout ratio is 119.54%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Somerset Trust Co raised its stake in shares of TKO Group by 2.5% during the third quarter. Somerset Trust Co now owns 2,155 shares of the company’s stock worth $435,000 after buying an additional 53 shares during the last quarter. CWM LLC raised its position in shares of TKO Group by 7.3% during the 3rd quarter. CWM LLC now owns 796 shares of the company’s stock valued at $161,000 after acquiring an additional 54 shares during the last quarter. Frank Rimerman Advisors LLC lifted its stake in shares of TKO Group by 3.2% in the 4th quarter. Frank Rimerman Advisors LLC now owns 1,783 shares of the company’s stock valued at $373,000 after purchasing an additional 56 shares during the period. Stephens Inc. AR grew its stake in shares of TKO Group by 2.7% during the fourth quarter. Stephens Inc. AR now owns 2,160 shares of the company’s stock worth $451,000 after purchasing an additional 56 shares during the period. Finally, Sunbelt Securities Inc. grew its stake in shares of TKO Group by 6.3% during the third quarter. Sunbelt Securities Inc. now owns 950 shares of the company’s stock worth $192,000 after purchasing an additional 56 shares during the period. Institutional investors own 89.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on TKO. JPMorgan Chase & Co. boosted their price objective on TKO Group from $220.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, January 21st. Seaport Research Partners raised TKO Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 15th. Morgan Stanley set a $210.00 target price on shares of TKO Group in a research report on Thursday, December 18th. BTIG Research lifted their price target on shares of TKO Group from $235.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, December 31st. Finally, Susquehanna reaffirmed a “positive” rating and issued a $251.00 target price on shares of TKO Group in a report on Monday, January 19th. Fourteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, TKO Group has an average rating of “Moderate Buy” and a consensus target price of $227.73.

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.