Jason Lublin Sells 20,832 Shares of Endeavor Group Holdings, Inc. (NYSE:EDR) Stock

Endeavor Group Holdings, Inc. (NYSE:EDRGet Free Report) CFO Jason Lublin sold 20,832 shares of the business’s stock in a transaction that occurred on Wednesday, June 5th. The stock was sold at an average price of $26.87, for a total transaction of $559,755.84. Following the completion of the sale, the chief financial officer now owns 130,187 shares of the company’s stock, valued at $3,498,124.69. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

  • On Tuesday, May 14th, Jason Lublin sold 20,832 shares of Endeavor Group stock. The stock was sold at an average price of $26.51, for a total transaction of $552,256.32.
  • On Tuesday, April 9th, Jason Lublin sold 20,832 shares of Endeavor Group stock. The shares were sold at an average price of $26.52, for a total value of $552,464.64.
  • On Tuesday, March 12th, Jason Lublin sold 20,832 shares of Endeavor Group stock. The shares were sold at an average price of $24.71, for a total value of $514,758.72.

Endeavor Group Stock Performance

Shares of EDR opened at $26.87 on Friday. The company has a 50-day simple moving average of $26.52 and a two-hundred day simple moving average of $25.07. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.16 and a quick ratio of 1.16. The firm has a market capitalization of $18.62 billion, a PE ratio of 48.86, a price-to-earnings-growth ratio of 1.96 and a beta of 0.78. Endeavor Group Holdings, Inc. has a one year low of $17.65 and a one year high of $27.01.

Endeavor Group (NYSE:EDRGet Free Report) last released its earnings results on Thursday, May 9th. The company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.50. The company had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.93 billion. Endeavor Group had a return on equity of 2.86% and a net margin of 3.40%. On average, analysts anticipate that Endeavor Group Holdings, Inc. will post 1.27 EPS for the current fiscal year.

Endeavor Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date is Friday, June 14th. Endeavor Group’s dividend payout ratio is presently 43.64%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Barclays PLC grew its holdings in Endeavor Group by 180.3% in the third quarter. Barclays PLC now owns 115,101 shares of the company’s stock worth $2,289,000 after purchasing an additional 74,038 shares during the period. Swiss National Bank grew its stake in shares of Endeavor Group by 3.9% in the 3rd quarter. Swiss National Bank now owns 362,700 shares of the company’s stock worth $7,218,000 after buying an additional 13,700 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in Endeavor Group by 8.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,599,250 shares of the company’s stock valued at $31,825,000 after buying an additional 120,612 shares in the last quarter. HighTower Advisors LLC raised its stake in Endeavor Group by 4.7% during the third quarter. HighTower Advisors LLC now owns 16,037 shares of the company’s stock valued at $319,000 after buying an additional 721 shares during the last quarter. Finally, UBS Group AG grew its stake in shares of Endeavor Group by 35.6% in the third quarter. UBS Group AG now owns 1,376,500 shares of the company’s stock worth $27,392,000 after acquiring an additional 361,195 shares during the last quarter. 71.37% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on EDR shares. Piper Sandler cut Endeavor Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 13th. Seaport Res Ptn downgraded shares of Endeavor Group from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 2nd. Jefferies Financial Group reissued a “hold” rating and set a $27.50 price target (down previously from $29.00) on shares of Endeavor Group in a research report on Thursday, April 4th. Citigroup cut shares of Endeavor Group from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $29.00 to $27.50 in a research report on Monday, April 15th. Finally, StockNews.com initiated coverage on shares of Endeavor Group in a report on Saturday. They set a “hold” rating for the company. Nine equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, Endeavor Group presently has a consensus rating of “Hold” and an average price target of $28.89.

Read Our Latest Report on Endeavor Group

Endeavor Group Company Profile

(Get Free Report)

Endeavor Group Holdings, Inc operates as a sports and entertainment company in the United States, the United Kingdom, and internationally. It operates through four segments: Owned Sports Properties; Events, Experiences & Rights; Representation; and Sports Data & Technology. The Owned Sports Properties segment operates a portfolio of sports properties, including Ultimate Fighting Championship, World Wrestling Entertainment, Inc, Professional Bull Rider, and Euroleague.

Further Reading

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

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