TKO Group (NYSE:TKO) CEO Ariel Emanuel Purchases 10,805 Shares of Stock

TKO Group Holdings, Inc. (NYSE:TKO) CEO Ariel Emanuel purchased 10,805 shares of TKO Group stock in a transaction dated Wednesday, May 13th. The shares were bought at an average cost of $185.09 per share, for a total transaction of $1,999,897.45. Following the transaction, the chief executive officer directly owned 154,655 shares of the company’s stock, valued at approximately $28,625,093.95. The trade was a 7.51% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

TKO Group Stock Performance

Shares of TKO stock opened at $183.71 on Thursday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.34 and a current ratio of 1.34. TKO Group Holdings, Inc. has a one year low of $152.29 and a one year high of $226.94. The company’s 50-day simple moving average is $194.42 and its 200-day simple moving average is $198.64. The stock has a market capitalization of $35.66 billion, a price-to-earnings ratio of 68.55 and a beta of 0.57.

TKO Group (NYSE:TKO) last released its earnings results on Wednesday, May 6th. The company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.01. TKO Group had a net margin of 4.47% and a return on equity of 2.49%. The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same quarter in the previous year, the firm earned $0.69 earnings per share. The firm’s revenue for the quarter was up 25.9% compared to the same quarter last year. Equities analysts anticipate that TKO Group Holdings, Inc. will post 5 earnings per share for the current fiscal year.

TKO Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were paid a dividend of $0.78 per share. The ex-dividend date was Monday, March 16th. This represents a $3.12 annualized dividend and a yield of 1.7%. TKO Group’s payout ratio is presently 116.42%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Pivotal Research raised their target price on shares of TKO Group from $235.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. TD Cowen raised their target price on shares of TKO Group from $245.00 to $250.00 and gave the stock a “buy” rating in a report on Wednesday, March 11th. Citigroup cut shares of TKO Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. UBS Group raised their target price on shares of TKO Group from $235.00 to $238.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Finally, JPMorgan Chase & Co. raised their target price on shares of TKO Group from $220.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, January 21st. Eleven investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $233.73.

Institutional Investors Weigh In On TKO Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Lido Advisors LLC bought a new stake in TKO Group during the first quarter worth approximately $539,000. State of Wyoming raised its holdings in TKO Group by 57.0% during the first quarter. State of Wyoming now owns 1,732 shares of the company’s stock worth $349,000 after purchasing an additional 629 shares in the last quarter. Cetera Investment Advisers raised its holdings in TKO Group by 10.9% during the first quarter. Cetera Investment Advisers now owns 22,731 shares of the company’s stock worth $4,584,000 after purchasing an additional 2,231 shares in the last quarter. Fortis Capital Management LLC bought a new stake in TKO Group during the first quarter worth approximately $6,023,000. Finally, AlphaCentric Advisors LLC bought a new stake in TKO Group during the first quarter worth approximately $99,000. Institutional investors own 89.79% of the company’s stock.

TKO Group News Summary

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

• Positive Sentiment: TKO announced a major multi-event deal with the Arizona Sports & Events Alliance that will bring UFC, WWE, and other events to Phoenix, expanding the company’s live-event footprint and creating new commercial opportunities. Article Title
• Positive Sentiment: TKO also disclosed a 7-event Arizona deal across UFC, WWE, and bull riding, reinforcing expectations for more events and broader monetization of its portfolio. Article Title
• Positive Sentiment: CEO Ariel Emanuel and CFO Andrew M. Schleimer both bought shares in the open market, a signal that management may view the stock as undervalued and is aligned with shareholders.
• Positive Sentiment: TKO updated its Rule 10b5-1 share repurchase plan, which can support sentiment by indicating ongoing capital-return activity and confidence in the business. Article Title

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.