Jason Lublin Sells 46,510 Shares of Endeavor Group Holdings, Inc. (NYSE:EDR) Stock

Endeavor Group Holdings, Inc. (NYSE:EDRGet Rating) CFO Jason Lublin sold 46,510 shares of the company’s stock in a transaction that occurred on Tuesday, November 15th. The shares were sold at an average price of 22.23, for a total value of 1,033,917.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Jason Lublin also recently made the following trade(s):

  • On Wednesday, September 14th, Jason Lublin sold 29,725 shares of Endeavor Group stock. The shares were sold at an average price of 25.12, for a total value of 746,692.00.
  • On Monday, September 12th, Jason Lublin sold 56,525 shares of Endeavor Group stock. The shares were sold at an average price of 25.52, for a total value of 1,442,518.00.

Endeavor Group Price Performance

Endeavor Group stock opened at 21.65 on Friday. Endeavor Group Holdings, Inc. has a 12 month low of 17.42 and a 12 month high of 35.28. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.14 and a quick ratio of 1.14. The business has a 50 day simple moving average of 21.63 and a 200-day simple moving average of 21.81. The stock has a market capitalization of $15.26 billion, a PE ratio of 18.99, a price-to-earnings-growth ratio of 0.79 and a beta of 1.05.

Institutional Investors Weigh In On Endeavor Group

Several large investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its stake in shares of Endeavor Group by 29.4% during the third quarter. Vanguard Group Inc. now owns 12,006,491 shares of the company’s stock worth $243,251,000 after purchasing an additional 2,726,059 shares during the last quarter. Millennium Management LLC grew its holdings in Endeavor Group by 72.2% during the second quarter. Millennium Management LLC now owns 6,519,552 shares of the company’s stock worth $134,042,000 after acquiring an additional 2,734,126 shares during the period. Cantillon Capital Management LLC grew its holdings in Endeavor Group by 17.1% during the second quarter. Cantillon Capital Management LLC now owns 4,136,450 shares of the company’s stock worth $85,045,000 after acquiring an additional 603,646 shares during the period. Price T Rowe Associates Inc. MD acquired a new position in Endeavor Group during the third quarter worth $56,160,000. Finally, Clearbridge Investments LLC grew its holdings in Endeavor Group by 10.3% during the second quarter. Clearbridge Investments LLC now owns 2,769,832 shares of the company’s stock worth $56,948,000 after acquiring an additional 257,768 shares during the period. Hedge funds and other institutional investors own 34.92% of the company’s stock.

Analyst Upgrades and Downgrades

EDR has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft lowered their price target on Endeavor Group from $40.00 to $36.00 and set a “buy” rating for the company in a report on Tuesday, August 2nd. Credit Suisse Group reduced their price objective on Endeavor Group from $33.00 to $30.00 and set an “outperform” rating for the company in a research note on Friday, October 14th. Evercore ISI reduced their price objective on Endeavor Group from $35.00 to $30.00 in a research note on Wednesday, July 27th. StockNews.com upgraded Endeavor Group from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Bank of America started coverage on Endeavor Group in a research note on Thursday, August 4th. They issued a “buy” rating and a $28.00 price objective for the company. Ten analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of 30.70.

About Endeavor Group

(Get Rating)

Endeavor Group Holdings, Inc operates as an entertainment, sports, and content company in the United States, the United Kingdom, and internationally. It operates in three segments: Owned Sports Properties, Events, Experiences & Rights, and Representation. The Owned Sports Properties segment operates a portfolio of sports properties, including Ultimate Fighting Championship, Professional Bull Rider, Euroleague, and Diamond Baseball Holdings, that license broadcast and other intellectual property rights and operate exclusive live events.

Further Reading

Insider Buying and Selling by Quarter for Endeavor Group (NYSE:EDR)

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