TKO Group (NYSE:TKO) CFO Shane Kapral Sells 1,946 Shares

TKO Group Holdings, Inc. (NYSE:TKO) CFO Shane Kapral sold 1,946 shares of the firm’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $204.21, for a total value of $397,392.66. Following the completion of the sale, the chief financial officer directly owned 4,104 shares in the company, valued at approximately $838,077.84. This represents a 32.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• 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 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.
• On Monday, December 1st, Shane Kapral sold 254 shares of TKO Group stock. The stock was sold at an average price of $192.82, for a total transaction of $48,976.28.
• On Monday, November 24th, Shane Kapral sold 254 shares of TKO Group stock. The shares were sold at an average price of $178.32, for a total transaction of $45,293.28.
• On Monday, November 17th, Shane Kapral sold 254 shares of TKO Group stock. The shares were sold at an average price of $183.56, for a total transaction of $46,624.24.

TKO Group Stock Performance

TKO opened at $203.62 on Tuesday. TKO Group Holdings, Inc. has a 1 year low of $133.07 and a 1 year high of $218.11. The stock has a market cap of $39.72 billion, a PE ratio of 78.01 and a beta of 0.62. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.42. The stock’s 50 day simple moving average is $196.84 and its 200-day simple moving average is $188.53.

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

TKO Group Increases Dividend

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

TKO Group declared that its board has approved a share buyback plan on Monday, September 15th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the company to purchase up to 2.5% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

Several research analysts have recently commented on TKO shares. Cowen reissued a “buy” rating on shares of TKO Group in a report on Monday, December 8th. TD Cowen lifted their price objective on TKO Group from $230.00 to $245.00 and gave the company a “buy” rating in a research report on Monday, December 8th. Seaport Res Ptn upgraded TKO Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 15th. BTIG Research lifted their price target on TKO Group from $235.00 to $250.00 and gave the company a “buy” rating in a report on Wednesday, December 31st. Finally, JPMorgan Chase & Co. increased their price objective on shares of TKO Group from $218.00 to $220.00 and gave the stock an “overweight” rating in a report on Tuesday, December 2nd. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, TKO Group currently has an average rating of “Moderate Buy” and an average target price of $226.00.

TKO Group News Roundup

Here are the key news stories impacting TKO Group this week:

• Negative Sentiment: CFO Shane Kapral sold 1,946 shares at an average price of $204.21 for ~$397K, reducing his holding by 32.17%. SEC Filing – Kapral Sale
• Negative Sentiment: CFO Andrew M. Schleimer sold 5,739 shares at $204.08 for ~$1.17M, trimming his stake by 26.11%. SEC Filing – Schleimer Sale
• Negative Sentiment: Insider Seth D. Krauss sold 9,777 shares at $207.67 for ~$2.03M, a 55.05% reduction in his direct ownership. SEC Filing – Krauss Sale
• Negative Sentiment: Insider Mark S. Shapiro sold 32,022 shares at $204.08 for ~$6.54M, reducing his position by 23.40%. SEC Filing – Shapiro Sale
• Negative Sentiment: Director Nick Khan sold 37,425 shares at $204.01 for ~$7.64M, a 23.35% reduction in his holdings. SEC Filing – Khan Sale

Institutional Trading of TKO Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Baird Financial Group Inc. boosted its stake in shares of TKO Group by 20.0% in the 1st quarter. Baird Financial Group Inc. now owns 2,417 shares of the company’s stock valued at $369,000 after purchasing an additional 403 shares during the last quarter. Royal Bank of Canada raised its position in shares of TKO Group by 26.6% during the 1st quarter. Royal Bank of Canada now owns 115,502 shares of the company’s stock valued at $17,650,000 after acquiring an additional 24,245 shares during the last quarter. Amundi boosted its position in shares of TKO Group by 338.7% in the 1st quarter. Amundi now owns 1,360 shares of the company’s stock worth $205,000 after purchasing an additional 1,050 shares during the last quarter. Advisors Asset Management Inc. grew its stake in shares of TKO Group by 61.3% during the first quarter. Advisors Asset Management Inc. now owns 2,423 shares of the company’s stock worth $370,000 after purchasing an additional 921 shares during the period. Finally, AQR Capital Management LLC increased its holdings in TKO Group by 10.7% in the first quarter. AQR Capital Management LLC now owns 7,222 shares of the company’s stock valued at $1,083,000 after purchasing an additional 696 shares during the last quarter. 89.79% of the stock is owned by institutional investors.

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.