Shane Kapral Sells 130 Shares of TKO Group Holdings, Inc. (NYSE:TKO) Stock

TKO Group Holdings, Inc. (NYSE:TKO) CAO Shane Kapral sold 130 shares of the stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $143.80, for a total value of $18,694.00. Following the transaction, the chief accounting officer now owns 2,536 shares in the company, valued at $364,676.80. This trade represents a 4.88 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Friday, January 3rd, Shane Kapral sold 1,034 shares of TKO Group stock. The stock was sold at an average price of $141.94, for a total transaction of $146,765.96.

TKO Group Trading Down 1.2 %

NYSE:TKO traded down $1.74 during trading hours on Wednesday, reaching $142.80. 682,188 shares of the stock were exchanged, compared to its average volume of 731,453. TKO Group Holdings, Inc. has a twelve month low of $78.69 and a twelve month high of $149.40. 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 business has a 50-day moving average of $140.00 and a two-hundred day moving average of $125.27. The company has a market capitalization of $24.39 billion, a price-to-earnings ratio of -339.99 and a beta of 1.07.

TKO Group (NYSE:TKO) last posted its earnings results on Wednesday, November 6th. The company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.28). The firm had revenue of $681.20 million for the quarter, compared to analyst estimates of $665.12 million. TKO Group had a positive return on equity of 3.39% and a negative net margin of 1.26%. TKO Group’s revenue was up 51.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.52 EPS. On average, equities analysts predict that TKO Group Holdings, Inc. will post 3.88 EPS for the current year.

Analysts Set New Price Targets

TKO has been the topic of several research analyst reports. Pivotal Research lifted their price objective on TKO Group from $145.00 to $165.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Citigroup raised their price objective on TKO Group from $137.00 to $170.00 and gave the company a “buy” rating in a report on Tuesday, December 17th. JPMorgan Chase & Co. boosted their price target on shares of TKO Group from $137.00 to $158.00 and gave the stock an “overweight” rating in a research report on Thursday, December 12th. Guggenheim increased their price objective on shares of TKO Group from $135.00 to $140.00 and gave the company a “buy” rating in a report on Monday, September 30th. Finally, Roth Mkm lifted their price objective on TKO Group from $146.00 to $148.00 and gave the stock a “buy” rating in a research report on Wednesday, October 16th. Three equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat.com, TKO Group currently has an average rating of “Moderate Buy” and an average target price of $139.29.

Institutional Investors Weigh In On TKO Group

Large investors have recently added to or reduced their stakes in the business. Blue Trust Inc. boosted its stake in shares of TKO Group by 28.2% in the 4th quarter. Blue Trust Inc. now owns 332 shares of the company’s stock valued at $47,000 after buying an additional 73 shares during the period. Coldstream Capital Management Inc. raised its holdings in TKO Group by 3.3% in the third quarter. Coldstream Capital Management Inc. now owns 3,070 shares of the company’s stock valued at $379,000 after acquiring an additional 97 shares in the last quarter. Quent Capital LLC lifted its stake in TKO Group by 17.4% in the third quarter. Quent Capital LLC now owns 680 shares of the company’s stock worth $84,000 after acquiring an additional 101 shares during the last quarter. Signaturefd LLC increased its position in shares of TKO Group by 39.4% in the 3rd quarter. Signaturefd LLC now owns 386 shares of the company’s stock valued at $48,000 after purchasing an additional 109 shares during the last quarter. Finally, UMB Bank n.a. raised its holdings in shares of TKO Group by 72.8% in the 4th quarter. UMB Bank n.a. now owns 273 shares of the company’s stock valued at $39,000 after purchasing an additional 115 shares in the last quarter. 89.79% of the stock is owned by hedge funds and other institutional investors.

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.