TKO Group (NYSE:TKO) CFO Shane Kapral Sells 616 Shares

TKO Group Holdings, Inc. (NYSE:TKO) CFO Shane Kapral sold 616 shares of the firm’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $208.01, for a total value of $128,134.16. Following the completion of the transaction, the chief financial officer owned 1,585 shares in the company, valued at approximately $329,695.85. This trade represents a 27.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Monday, February 9th, Shane Kapral sold 616 shares of TKO Group stock. The shares were sold at an average price of $211.54, for a total value of $130,308.64.
• On Monday, February 2nd, Shane Kapral sold 616 shares of TKO Group stock. The stock was sold at an average price of $202.04, for a total value 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 value of $124,672.80.
• On Thursday, January 22nd, Shane Kapral sold 1,238 shares of TKO Group stock. The shares were 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 transaction of $45,129.28.
• On Monday, January 5th, Shane Kapral sold 1,946 shares of TKO Group stock. The shares were sold at an average price of $204.21, for a total transaction 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.

TKO Group Price Performance

NYSE TKO opened at $213.73 on Thursday. The business’s fifty day moving average is $207.28 and its 200 day moving average is $195.66. TKO Group Holdings, Inc. has a fifty-two week low of $133.07 and a fifty-two week high of $218.11. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.46 and a current ratio of 1.46. The company has a market capitalization of $41.69 billion, a PE ratio of 81.89 and a beta of 0.65.

TKO Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 15th were issued a $0.78 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $3.12 annualized dividend and a yield of 1.5%. This is a positive change from TKO Group’s previous quarterly dividend of $0.76. TKO Group’s payout ratio is currently 119.54%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on TKO. BTIG Research increased their price objective on shares of TKO Group from $235.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, December 31st. 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. TD Cowen reiterated a “buy” rating on shares of TKO Group in a research note on Monday, December 8th. 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 boosted their price objective on TKO Group from $225.00 to $235.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Fourteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $229.73.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of TKO. Corient Private Wealth LLC lifted its stake in shares of TKO Group by 16.6% during the 4th quarter. Corient Private Wealth LLC now owns 5,582 shares of the company’s stock worth $1,166,000 after acquiring an additional 794 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its stake in TKO Group by 27.7% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 1,979 shares of the company’s stock worth $414,000 after purchasing an additional 429 shares during the period. Raymond James Financial Inc. increased its stake in TKO Group by 26.8% in the fourth quarter. Raymond James Financial Inc. now owns 527,716 shares of the company’s stock worth $112,042,000 after purchasing an additional 111,649 shares during the period. State of Tennessee Department of Treasury lifted its position in shares of TKO Group by 5.7% during the fourth quarter. State of Tennessee Department of Treasury now owns 39,719 shares of the company’s stock worth $8,046,000 after purchasing an additional 2,135 shares during the last quarter. Finally, Mackenzie Financial Corp boosted its stake in shares of TKO Group by 7.7% during the fourth quarter. Mackenzie Financial Corp now owns 7,526 shares of the company’s stock valued at $1,609,000 after purchasing an additional 536 shares during the period. Institutional investors 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.