Shane Kapral Sells 749 Shares of TKO Group (NYSE:TKO) Stock

TKO Group Holdings, Inc. (NYSE:TKO) CFO Shane Kapral sold 749 shares of the business’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $198.83, for a total value of $148,923.67. Following the completion of the transaction, the chief financial officer directly owned 3,131 shares of the company’s stock, valued at approximately $622,536.73. The trade was a 19.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

• 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 shares were 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 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 shares were 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 stock was sold at an average price of $183.56, for a total transaction of $46,624.24.

TKO Group Price Performance

TKO stock opened at $208.12 on Thursday. The stock has a 50-day moving average price of $199.02 and a two-hundred day moving average price of $189.76. 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 $40.60 billion, a PE ratio of 79.74 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.

TKO Group (NYSE:TKO) last posted its quarterly earnings data 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 firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same period in the prior year, the company earned $0.28 earnings per share. The firm’s quarterly revenue was down 27.3% on a year-over-year basis. Equities analysts forecast that TKO Group Holdings, Inc. will post 3.88 EPS for the current fiscal year.

TKO Group Increases Dividend

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

Institutional Investors Weigh In On TKO Group

Institutional investors and hedge funds have recently modified their holdings of the company. Stegent Equity Advisors Inc. acquired a new stake in TKO Group in the 4th quarter valued at about $858,000. Stablepoint Partners LLC increased its position in TKO Group by 1.1% during the fourth quarter. Stablepoint Partners LLC now owns 8,987 shares of the company’s stock worth $1,878,000 after buying an additional 99 shares during the last quarter. Thompson Davis & CO. Inc. bought a new stake in TKO Group in the fourth quarter valued at approximately $352,000. LVM Capital Management Ltd. MI bought a new stake in TKO Group in the fourth quarter valued at approximately $466,000. Finally, M & L Capital Management Ltd acquired a new stake in shares of TKO Group in the fourth quarter valued at approximately $2,978,000. 89.79% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

TKO has been the subject of several recent research reports. Zacks Research cut shares of TKO Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 4th. Arete Research raised shares of TKO Group to a “hold” rating in a research report on Wednesday, October 15th. Weiss Ratings restated a “hold (c)” rating on shares of TKO Group in a report on Monday, December 29th. Seaport Res Ptn upgraded TKO Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 15th. Finally, Guggenheim increased their price target on TKO Group from $205.00 to $225.00 and gave the company a “buy” rating in a research report on Friday, October 3rd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, TKO Group presently has a consensus rating of “Moderate Buy” and an average target price of $226.00.

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.