Shane Kapral Sells 613 Shares of TKO Group (NYSE:TKO) Stock

TKO Group Holdings, Inc. (NYSE:TKO) CFO Shane Kapral sold 613 shares of the business’s stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $203.77, for a total transaction of $124,911.01. Following the completion of the sale, the chief financial officer directly owned 5,286 shares of the company’s stock, valued at approximately $1,077,128.22. This trade represents a 10.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

• 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 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 transaction 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.
• 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 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 value of $54,376.32.
• On Monday, December 15th, Shane Kapral sold 254 shares of TKO Group stock. The stock was sold at an average price of $206.44, for a total value of $52,435.76.
• On Monday, December 8th, Shane Kapral sold 254 shares of TKO Group stock. The shares were sold at an average price of $202.41, for a total value of $51,412.14.
• On Monday, December 1st, Shane Kapral sold 254 shares of TKO Group stock. The stock was sold at an average price of $192.82, for a total transaction of $48,976.28.
• On Monday, November 24th, Shane Kapral sold 254 shares of TKO Group stock. The stock was sold at an average price of $178.32, for a total transaction of $45,293.28.

TKO Group Stock Down 2.0%

Shares of NYSE:TKO traded down $4.07 during trading hours on Thursday, hitting $200.35. The company’s stock had a trading volume of 969,942 shares, compared to its average volume of 783,191. The firm’s fifty day moving average price is $201.78 and its 200 day moving average price is $190.77. 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 $39.08 billion, a price-to-earnings ratio of 76.76 and a beta of 0.62. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.46 and a quick ratio of 1.46.

TKO Group (NYSE:TKO) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.11). The business had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.12 billion. TKO Group had a net margin of 5.27% and a return on equity of 2.57%. The business’s quarterly revenue was down 27.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.28 earnings per share. As a group, research analysts expect that TKO Group Holdings, Inc. will post 3.88 EPS for the current year.

TKO Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Monday, December 15th were issued a $0.78 dividend. The ex-dividend date was Monday, December 15th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.6%. This is a boost from TKO Group’s previous quarterly dividend of $0.76. TKO Group’s dividend payout ratio (DPR) is 119.54%.

Hedge Funds Weigh In On TKO Group

Several hedge funds and other institutional investors have recently modified their holdings of the stock. State Street Corp boosted its stake in TKO Group by 20.3% in the 3rd quarter. State Street Corp now owns 5,249,091 shares of the company’s stock worth $1,060,106,000 after purchasing an additional 887,401 shares in the last quarter. Ninety One UK Ltd raised its holdings in shares of TKO Group by 2.4% in the third quarter. Ninety One UK Ltd now owns 4,964,002 shares of the company’s stock worth $1,002,530,000 after buying an additional 113,996 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of TKO Group by 54.9% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 3,185,769 shares of the company’s stock worth $665,826,000 after buying an additional 1,128,749 shares during the period. Invesco Ltd. grew its holdings in shares of TKO Group by 26.9% during the second quarter. Invesco Ltd. now owns 1,806,377 shares of the company’s stock valued at $328,670,000 after buying an additional 383,325 shares during the last quarter. Finally, UBS Group AG grew its holdings in shares of TKO Group by 31.7% during the third quarter. UBS Group AG now owns 1,274,142 shares of the company’s stock valued at $257,326,000 after buying an additional 307,000 shares during the last quarter. 89.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on TKO shares. Seaport Research Partners upgraded TKO Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 15th. Arete Research upgraded shares of TKO Group to a “hold” rating in a report on Wednesday, October 15th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of TKO Group in a research report on Monday, December 29th. Zacks Research cut shares of TKO Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 4th. Finally, Pivotal Research raised their target price on shares of TKO Group from $225.00 to $235.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Fourteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target 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.