Shane Kapral Sells 130 Shares of TKO Group Holdings, Inc. (NYSE:TKO) Stock

TKO Group Holdings, Inc. (NYSE:TKO) CAO Shane Kapral sold 130 shares of the stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $143.80, for a total transaction of $18,694.00. Following the sale, the chief accounting officer now owns 2,536 shares of the company’s stock, valued at $364,676.80. This trade represents a 4.88 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Friday, January 3rd, Shane Kapral sold 1,034 shares of TKO Group stock. The stock was sold at an average price of $141.94, for a total transaction of $146,765.96.

TKO Group Stock Up 6.3 %

TKO opened at $151.93 on Friday. TKO Group Holdings, Inc. has a fifty-two week low of $78.69 and a fifty-two week high of $153.89. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.17 and a quick ratio of 1.17. The firm has a 50 day simple moving average of $140.68 and a 200 day simple moving average of $125.46.

TKO Group (NYSE:TKO) last issued its earnings results on Wednesday, November 6th. The company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.28). TKO Group had a negative net margin of 1.26% and a positive return on equity of 3.39%. The business had revenue of $681.20 million for the quarter, compared to the consensus estimate of $665.12 million. During the same quarter in the previous year, the firm posted $0.52 EPS. The business’s revenue was up 51.7% on a year-over-year basis. Equities research analysts anticipate that TKO Group Holdings, Inc. will post 3.88 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently commented on TKO. UBS Group boosted their target price on TKO Group from $135.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, January 7th. Roth Mkm boosted their price objective on TKO Group from $146.00 to $148.00 and gave the stock a “buy” rating in a research note on Wednesday, October 16th. Citigroup increased their target price on TKO Group from $137.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, December 17th. The Goldman Sachs Group lifted their price target on TKO Group from $132.00 to $138.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Finally, TD Cowen increased their price objective on shares of TKO Group from $140.00 to $143.00 and gave the stock a “buy” rating in a report on Tuesday, October 29th. Three research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $139.29.

Hedge Funds Weigh In On TKO Group

Hedge funds have recently added to or reduced their stakes in the stock. Blue Trust Inc. grew its position in shares of TKO Group by 52.4% during the 3rd quarter. Blue Trust Inc. now owns 259 shares of the company’s stock worth $32,000 after buying an additional 89 shares during the period. Geneos Wealth Management Inc. acquired a new position in TKO Group during the fourth quarter valued at approximately $32,000. First Horizon Advisors Inc. grew its holdings in TKO Group by 491.5% during the third quarter. First Horizon Advisors Inc. now owns 278 shares of the company’s stock valued at $34,000 after purchasing an additional 231 shares during the period. UMB Bank n.a. increased its stake in TKO Group by 72.8% in the fourth quarter. UMB Bank n.a. now owns 273 shares of the company’s stock valued at $39,000 after purchasing an additional 115 shares in the last quarter. Finally, Signaturefd LLC raised its holdings in TKO Group by 39.4% in the third quarter. Signaturefd LLC now owns 386 shares of the company’s stock worth $48,000 after purchasing an additional 109 shares during the period. Institutional investors and hedge funds own 89.79% of the company’s stock.

TKO Group Company Profile

TKO Group Holdings, Inc operates as a sports and entertainment company. The company produces and licenses live events, television programs, and long-form and short-form content, reality series, and other filmed entertainment on digital and linear channels and via pay-per-view. It is involved in the merchandising of video games, apparel, equipment, trading cards, memorabilia, digital goods, and toys, as well as sale of travel packages and tickets.