TKO Group Holdings, Inc. (NYSE:TKO) Shares Sold by Compagnie Lombard Odier SCmA

Compagnie Lombard Odier SCmA lowered its position in TKO Group Holdings, Inc. (NYSE:TKO) by 6.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,340 shares of the company’s stock after selling 1,100 shares during the quarter. Compagnie Lombard Odier SCmA’s holdings in TKO Group were worth $2,180,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of TKO. AQR Capital Management LLC acquired a new position in shares of TKO Group during the second quarter worth about $232,000. CWM LLC lifted its stake in shares of TKO Group by 92.3% during the third quarter. CWM LLC now owns 646 shares of the company’s stock worth $80,000 after purchasing an additional 310 shares in the last quarter. Sumitomo Life Insurance Co. lifted its stake in shares of TKO Group by 2.7% during the third quarter. Sumitomo Life Insurance Co. now owns 9,351 shares of the company’s stock worth $1,157,000 after purchasing an additional 250 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in shares of TKO Group by 2.7% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 9,351 shares of the company’s stock worth $1,157,000 after purchasing an additional 250 shares in the last quarter. Finally, Blue Trust Inc. lifted its stake in shares of TKO Group by 52.4% during the third quarter. Blue Trust Inc. now owns 259 shares of the company’s stock worth $32,000 after purchasing an additional 89 shares in the last quarter. Institutional investors and hedge funds own 89.79% of the company’s stock.

Analysts Set New Price Targets

TKO has been the topic of a number of recent research reports. Pivotal Research boosted their price objective on TKO Group from $145.00 to $165.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. The Goldman Sachs Group boosted their price objective on TKO Group from $142.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Seaport Res Ptn cut TKO Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. JPMorgan Chase & Co. boosted their price target on TKO Group from $137.00 to $158.00 and gave the stock an “overweight” rating in a research note on Thursday, December 12th. Finally, Benchmark cut TKO Group from a “buy” rating to a “hold” rating in a research note on Thursday, October 24th. Three research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, TKO Group presently has a consensus rating of “Moderate Buy” and an average target price of $148.08.

Insider Activity at TKO Group

In related news, CAO Shane Kapral sold 1,034 shares of the business’s stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $141.94, for a total value of $146,765.96. Following the completion of the sale, the chief accounting officer now directly owns 2,225 shares of the company’s stock, valued at $315,816.50. The trade was a 31.73 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Ariel Emanuel bought 60,208 shares of the stock in a transaction dated Thursday, December 12th. The shares were bought at an average cost of $143.73 per share, with a total value of $8,653,695.84. Following the completion of the acquisition, the chief executive officer now directly owns 1,734,530 shares of the company’s stock, valued at approximately $249,303,996.90. The trade was a 3.60 % increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders bought 2,498,297 shares of company stock valued at $387,671,461 and sold 71,457 shares valued at $10,153,456. 53.80% of the stock is owned by corporate insiders.

TKO Group Stock Down 1.2 %

Shares of TKO Group stock opened at $174.49 on Friday. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.34. The firm has a market cap of $29.80 billion, a P/E ratio of -415.45 and a beta of 1.06. TKO Group Holdings, Inc. has a fifty-two week low of $78.69 and a fifty-two week high of $179.09. The business has a 50-day moving average price of $148.99 and a 200 day moving average price of $131.18.

TKO Group Company Profile

TKO Group Holdings, Inc operates as a sports and entertainment company. The company produces and licenses live events, television programs, and long-form and short-form content, reality series, and other filmed entertainment on digital and linear channels and via pay-per-view. It is involved in the merchandising of video games, apparel, equipment, trading cards, memorabilia, digital goods, and toys, as well as sale of travel packages and tickets.