Andrew Schleimer Purchases 2,696 Shares of TKO Group (NYSE:TKO) Stock

TKO Group Holdings, Inc. (NYSE:TKO) CFO Andrew Schleimer purchased 2,696 shares of TKO Group stock in a transaction dated Wednesday, May 13th. The stock was bought at an average price of $185.44 per share, for a total transaction of $499,946.24. Following the completion of the purchase, the chief financial officer owned 30,240 shares in the company, valued at $5,607,705.60. This represents a 9.79% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

TKO Group Trading Up 4.9%

TKO opened at $192.63 on Friday. The company’s 50 day moving average is $193.88 and its 200-day moving average is $198.68. TKO Group Holdings, Inc. has a 1-year low of $152.29 and a 1-year high of $226.94. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.57. The company has a market cap of $37.39 billion, a P/E ratio of 71.88 and a beta of 0.57.

TKO Group (NYSE:TKO) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $1.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.01. TKO Group had a net margin of 4.47% and a return on equity of 2.49%. The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.59 billion. During the same period last year, the company posted $0.69 EPS. The firm’s quarterly revenue was up 25.9% compared to the same quarter last year. Equities research analysts predict that TKO Group Holdings, Inc. will post 5 earnings per share for the current fiscal year.

TKO Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were given a dividend of $0.78 per share. The ex-dividend date was Monday, March 16th. This represents a $3.12 annualized dividend and a yield of 1.6%. TKO Group’s dividend payout ratio (DPR) is currently 116.42%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on TKO shares. JPMorgan Chase & Co. lifted their target price on shares of TKO Group from $220.00 to $225.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 21st. Susquehanna reiterated a “positive” rating and set a $251.00 target price on shares of TKO Group in a research report on Monday, January 19th. Zacks Research upgraded shares of TKO Group from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Weiss Ratings upgraded shares of TKO Group from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Thursday, May 7th. Finally, UBS Group lifted their target price on shares of TKO Group from $235.00 to $238.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Eleven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $233.73.

Key TKO Group News

Here are the key news stories impacting TKO Group this week:

• Positive Sentiment: TKO announced a new multi-year event agreement with the Arizona Sports Alliance that will bring UFC, WWE, and other events to Phoenix, expanding its live-event footprint and creating additional revenue opportunities. Article Title
• Positive Sentiment: Related coverage highlighted a seven-event Arizona deal spanning UFC, WWE, and bull riding, reinforcing expectations for stronger event volume and broader monetization of TKO’s sports-entertainment portfolio. Article Title
• Positive Sentiment: CEO Ariel Emanuel and CFO Andrew Schleimer both bought shares in the open market, a sign management may be confident in the company’s outlook and view the stock as undervalued.
• Positive Sentiment: Recent commentary said TKO’s operating performance may be even better than its reported earnings suggest, which could support investor confidence in the stock’s fundamentals. Article Title
• Neutral Sentiment: There was also attention on potential WWE wrestler unionization and criticism of TKO’s cost-cutting, but no direct financial impact has been disclosed yet. Article Title

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Elyxium Wealth LLC bought a new stake in shares of TKO Group in the 4th quarter valued at $27,000. Cornerstone Planning Group LLC increased its stake in shares of TKO Group by 543.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 148 shares of the company’s stock valued at $28,000 after acquiring an additional 125 shares in the last quarter. Torren Management LLC bought a new stake in shares of TKO Group in the 4th quarter valued at $32,000. Aventura Private Wealth LLC bought a new stake in shares of TKO Group in the 4th quarter valued at $35,000. Finally, Clearstead Advisors LLC increased its stake in shares of TKO Group by 234.0% in the 4th quarter. Clearstead Advisors LLC now owns 177 shares of the company’s stock valued at $37,000 after acquiring an additional 124 shares in the last quarter. 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.