TKO Group Holdings, Inc. (NYSE:TKO – Get Free Report) Director Nick Khan sold 8,248 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $194.39, for a total transaction of $1,603,328.72. Following the completion of the sale, the director directly owned 45,886 shares in the company, valued at $8,919,779.54. This represents a 15.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Nick Khan also recently made the following trade(s):
- On Wednesday, August 19th, Nick Khan sold 6,546 shares of TKO Group stock. The shares were sold at an average price of $199.41, for a total transaction of $1,305,337.86.
- On Thursday, August 13th, Nick Khan sold 9,589 shares of TKO Group stock. The shares were sold at an average price of $197.17, for a total value of $1,890,663.13.
- On Monday, July 20th, Nick Khan sold 10,081 shares of TKO Group stock. The stock was sold at an average price of $183.56, for a total value of $1,850,468.36.
- On Tuesday, July 21st, Nick Khan sold 12,998 shares of TKO Group stock. The shares were sold at an average price of $181.11, for a total transaction of $2,354,067.78.
- On Monday, July 13th, Nick Khan sold 9,589 shares of TKO Group stock. The shares were sold at an average price of $182.63, for a total transaction of $1,751,239.07.
- On Friday, June 12th, Nick Khan sold 9,589 shares of TKO Group stock. The shares were sold at an average price of $207.56, for a total value of $1,990,292.84.
TKO Group Stock Down 3.0%
TKO stock opened at $195.54 on Friday. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.58. The firm has a 50 day simple moving average of $192.32 and a 200-day simple moving average of $196.61. The company has a market capitalization of $37.01 billion, a P/E ratio of 68.61 and a beta of 0.63. TKO Group Holdings, Inc. has a twelve month low of $176.00 and a twelve month high of $226.94.
TKO Group Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a $0.79 dividend. This is an increase from TKO Group’s previous quarterly dividend of $0.78. This represents a $3.16 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Monday, June 15th. TKO Group’s dividend payout ratio is 110.88%.
Key Stories Impacting TKO Group
Here are the key news stories impacting TKO Group this week:
- Positive Sentiment: Wall Street’s generally favorable view is supported by TKO’s UFC and WWE media-rights agreements. The UFC’s $7.7 billion Paramount agreement could expand distribution and reduce barriers for viewers, while WWE’s $1.6 billion ESPN deal may provide recurring content revenue, broader reach and potential pricing power. Analysts maintain a “Moderate Buy” consensus with an average price target of $238.08. TKO Group Holdings: WWE And UFC Are The Jewels
- Neutral Sentiment: CEO Ariel Emanuel, CFO Andrew M. Schleimer, director Nick Khan and insider Mark S. Shapiro collectively sold approximately $13.4 million of TKO shares on August 18–19. The SEC filings identify the transactions as sales to cover tax-withholding obligations connected with vested equity awards, rather than discretionary sales. Each executive retained a substantial stake after the transactions. Ariel Emanuel SEC filing Andrew Schleimer SEC filing Nick Khan SEC filing
- Negative Sentiment: The concentration of sales by senior executives may still weigh on sentiment and create modest technical selling pressure, even though the transactions were tax-related. Director Nick Khan separately sold 6,546 shares for about $1.3 million on August 19, following an additional 8,248-share sale the previous day. TKO also trades at roughly 69–71 times earnings, leaving the stock vulnerable if UFC deal-related margin pressure or slower-than-expected WWE subscriber growth undermines its growth outlook.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on the company. Guggenheim increased their price target on TKO Group from $230.00 to $235.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Wall Street Zen upgraded TKO Group from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Benchmark restated a “hold” rating on shares of TKO Group in a research note on Tuesday, August 4th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of TKO Group in a research report on Tuesday, August 4th. Finally, Morgan Stanley raised their target price on TKO Group from $225.00 to $230.00 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. Eleven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $238.08.
View Our Latest Analysis on TKO
Institutional Investors Weigh In On TKO Group
Large investors have recently made changes to their positions in the company. Elyxium Wealth LLC acquired a new position in shares of TKO Group during the fourth quarter worth approximately $27,000. Cornerstone Planning Group LLC grew its holdings in TKO Group by 543.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 148 shares of the company’s stock worth $28,000 after buying an additional 125 shares in the last quarter. Torren Management LLC acquired a new stake in TKO Group in the 4th quarter valued at approximately $32,000. CYBER HORNET ETFs LLC acquired a new stake in TKO Group in the 2nd quarter valued at approximately $34,000. Finally, MUFG Securities EMEA plc bought a new stake in TKO Group during the 2nd quarter valued at $36,000. Institutional investors and hedge funds own 89.79% of the company’s stock.
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.
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