Insider Selling: TKO Group (NYSE:TKO) CFO Sells 254 Shares of Stock

TKO Group Holdings, Inc. (NYSE:TKO) CFO Shane Kapral sold 254 shares of TKO Group stock in a transaction on Monday, March 9th. The shares were sold at an average price of $199.15, for a total transaction of $50,584.10. Following the transaction, the chief financial officer owned 99 shares in the company, valued at $19,715.85. The trade was a 71.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

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

• On Tuesday, March 3rd, Shane Kapral sold 616 shares of TKO Group stock. The stock was sold at an average price of $221.91, for a total value of $136,696.56.
• On Monday, February 23rd, Shane Kapral sold 616 shares of TKO Group stock. The shares were sold at an average price of $210.00, for a total transaction of $129,360.00.
• On Tuesday, February 17th, Shane Kapral sold 616 shares of TKO Group stock. The shares were sold at an average price of $208.01, for a total transaction of $128,134.16.
• On Monday, February 9th, Shane Kapral sold 616 shares of TKO Group stock. The stock was sold at an average price of $211.54, for a total transaction of $130,308.64.
• On Monday, February 2nd, Shane Kapral sold 616 shares of TKO Group stock. The shares were sold at an average price of $202.04, for a total transaction of $124,456.64.
• On Tuesday, January 27th, Shane Kapral sold 615 shares of TKO Group stock. The shares were sold at an average price of $202.72, for a total transaction of $124,672.80.
• 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 Tuesday, January 20th, Shane Kapral sold 613 shares of TKO Group stock. The stock was sold at an average price of $203.77, for a total transaction of $124,911.01.
• 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 stock was sold at an average price of $201.47, for a total value of $45,129.28.

TKO Group Stock Up 0.7%

Shares of NYSE:TKO traded up $1.38 during trading on Tuesday, hitting $205.45. The company’s stock had a trading volume of 1,168,066 shares, compared to its average volume of 891,522. The company has a market capitalization of $39.88 billion, a PE ratio of 91.31 and a beta of 0.66. TKO Group Holdings, Inc. has a fifty-two week low of $133.07 and a fifty-two week high of $226.94. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.26 and a current ratio of 1.26. The stock’s 50-day moving average price is $207.32 and its two-hundred day moving average price is $199.03.

TKO Group (NYSE:TKO) last posted its quarterly earnings results on Wednesday, February 25th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.20). The company had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.02 billion. TKO Group had a net margin of 4.13% and a return on equity of 2.07%. The company’s revenue was up 11.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.28 earnings per share. As a group, sell-side analysts expect that TKO Group Holdings, Inc. will post 3.88 EPS for the current year.

TKO Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be paid a dividend of $0.78 per share. The ex-dividend date is Monday, March 16th. This represents a $3.12 annualized dividend and a yield of 1.5%. TKO Group’s dividend payout ratio is 138.67%.

Institutional Investors Weigh In On TKO Group

Hedge funds and other institutional investors have recently made changes to their positions in the company. Golden State Wealth Management LLC lifted its position in shares of TKO Group by 840.0% during the 2nd quarter. Golden State Wealth Management LLC now owns 141 shares of the company’s stock worth $26,000 after purchasing an additional 126 shares during the last quarter. Elyxium Wealth LLC acquired a new stake in TKO Group in the 4th quarter valued at approximately $27,000. Cromwell Holdings LLC increased its position in TKO Group by 1,360.0% in the 3rd quarter. Cromwell Holdings LLC now owns 146 shares of the company’s stock worth $29,000 after buying an additional 136 shares during the period. Torren Management LLC acquired a new position in shares of TKO Group during the fourth quarter worth approximately $32,000. Finally, CYBER HORNET ETFs LLC acquired a new position in shares of TKO Group during the second quarter worth approximately $34,000. 89.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

TKO has been the topic of a number of research analyst reports. BTIG Research dropped their price target on shares of TKO Group from $250.00 to $237.00 and set a “buy” rating on the stock in a research report on Thursday, February 19th. Susquehanna reaffirmed a “positive” rating and issued a $251.00 price objective on shares of TKO Group in a research note on Monday, January 19th. Wolfe Research reissued a “peer perform” rating on shares of TKO Group in a research note on Thursday, March 5th. Sanford C. Bernstein raised their target price on shares of TKO Group from $230.00 to $250.00 and gave the stock an “outperform” rating in a report on Thursday, February 19th. Finally, Pivotal Research lifted their price target on shares of TKO Group from $235.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Thirteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $231.40.

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.