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

TKO Group Holdings, Inc. (NYSE:TKO) CFO Shane Kapral sold 616 shares of TKO Group stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $202.04, for a total transaction of $124,456.64. Following the completion of the transaction, the chief financial officer directly owned 2,817 shares of the company’s stock, valued at $569,146.68. The trade was a 17.94% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

• 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 value 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 value 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 value 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 shares were 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 transaction 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 transaction 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 transaction of $51,412.14.

TKO Group Price Performance

Shares of NYSE TKO traded up $2.75 during trading on Tuesday, hitting $203.27. The company had a trading volume of 800,617 shares, compared to its average volume of 882,220. The firm has a market capitalization of $39.65 billion, a price-to-earnings ratio of 77.88 and a beta of 0.65. The stock has a fifty day simple moving average of $204.66 and a two-hundred day simple moving average of $192.71. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.42. TKO Group Holdings, Inc. has a fifty-two week low of $133.07 and a fifty-two week high of $218.11.

TKO Group (NYSE:TKO) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.11). TKO Group had a return on equity of 2.57% and a net margin of 5.27%.The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same quarter last year, the company earned $0.28 EPS. The firm’s revenue for the quarter was down 27.3% on a year-over-year basis. On average, research analysts expect that TKO Group Holdings, Inc. will post 3.88 earnings per share for the current year.

TKO Group Increases Dividend

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

Institutional Trading of TKO Group

Hedge funds have recently made changes to their positions in the company. Whittier Trust Co. raised its position in shares of TKO Group by 350.0% during the 2nd quarter. Whittier Trust Co. now owns 135 shares of the company’s stock valued at $25,000 after buying an additional 105 shares during the period. Golden State Wealth Management LLC grew its position in TKO Group by 840.0% in the second quarter. Golden State Wealth Management LLC now owns 141 shares of the company’s stock worth $26,000 after acquiring an additional 126 shares during the period. Cromwell Holdings LLC increased its stake in TKO Group by 1,360.0% during the third quarter. Cromwell Holdings LLC now owns 146 shares of the company’s stock worth $29,000 after acquiring an additional 136 shares during the last quarter. Torren Management LLC acquired a new stake in TKO Group during the fourth quarter worth $32,000. Finally, Eastern Bank purchased a new stake in TKO Group in the second quarter valued at $34,000. Hedge funds and other institutional investors own 89.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Seaport Research Partners raised shares of TKO Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 15th. BTIG Research boosted 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 Wednesday, December 31st. TD Cowen reiterated a “buy” rating on shares of TKO Group in a report on Monday, December 8th. Wolfe Research reissued an “outperform” rating and issued a $227.00 target price on shares of TKO Group in a research note on Monday, December 15th. Finally, Zacks Research lowered TKO Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 4th. Fourteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $227.73.

About TKO Group

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.