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 on Monday, January 5th. The stock was 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 of the company’s stock, valued at $838,077.84. The trade was a 32.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• 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 shares were sold at an average price of $206.44, for a total value of $52,435.76.
• On Monday, December 8th, Shane Kapral sold 254 shares of TKO Group stock. The stock was 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 shares were 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 value 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

Shares of TKO Group stock traded down $3.32 during trading hours on Monday, reaching $203.62. 1,279,534 shares of the company’s stock were exchanged, compared to its average volume of 1,062,487. The business has a fifty day moving average of $196.84 and a two-hundred day moving average of $188.53. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $39.72 billion, a P/E ratio of 78.01 and a beta of 0.62. TKO Group Holdings, Inc. has a 1 year low of $133.07 and a 1 year high of $218.11.

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

TKO Group announced that its board has authorized a stock repurchase program on Monday, September 15th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the company to reacquire up to 2.5% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

TKO Group Increases Dividend

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

Institutional Inflows and Outflows

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

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Zacks Research lowered TKO Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 4th. Arete Research upgraded shares of TKO Group to a “hold” rating in a report on Wednesday, October 15th. TD Cowen upped their price target on TKO Group from $230.00 to $245.00 and gave the stock a “buy” rating in a report on Monday, December 8th. Pivotal Research raised their target price on shares of TKO Group from $225.00 to $235.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Finally, Seaport Res Ptn upgraded TKO Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 15th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $226.00.

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.