William K. Fullerton Sells 2,225 Shares of Endeavor Group Holdings, Inc. (NYSE:EDR) Stock

Endeavor Group Holdings, Inc. (NYSE:EDR) CAO William K. Fullerton sold 2,225 shares of the firm’s stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $30.58, for a total transaction of $68,040.50. Following the completion of the transaction, the chief accounting officer now directly owns 53,124 shares in the company, valued at $1,624,531.92. This trade represents a 4.02 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Endeavor Group Trading Up 1.0 %

Shares of EDR stock traded up $0.29 during trading on Tuesday, hitting $30.66. 437,024 shares of the stock traded hands, compared to its average volume of 647,865. Endeavor Group Holdings, Inc. has a 52-week low of $22.77 and a 52-week high of $31.49. The firm has a market capitalization of $20.98 billion, a P/E ratio of -14.96 and a beta of 0.74. The firm’s fifty day moving average price is $30.33 and its 200-day moving average price is $28.80. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.63 and a quick ratio of 0.63.

Endeavor Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 16th were paid a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.78%. The ex-dividend date of this dividend was Monday, December 16th. Endeavor Group’s dividend payout ratio (DPR) is presently -11.71%.

Analyst Ratings Changes

Separately, StockNews.com raised Endeavor Group from a “sell” rating to a “hold” rating in a research note on Monday. Nine equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, Endeavor Group has a consensus rating of “Hold” and an average target price of $27.86.

Hedge Funds Weigh In On Endeavor Group

Hedge funds have recently modified their holdings of the business. Alpine Associates Management Inc. acquired a new position in Endeavor Group during the second quarter worth $25,462,000. Dimensional Fund Advisors LP lifted its stake in Endeavor Group by 15.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 964,389 shares of the company’s stock worth $26,066,000 after acquiring an additional 132,312 shares in the last quarter. XTX Topco Ltd acquired a new position in Endeavor Group during the 2nd quarter worth about $1,014,000. Sei Investments Co. boosted its holdings in Endeavor Group by 90.5% during the 2nd quarter. Sei Investments Co. now owns 47,653 shares of the company’s stock valued at $1,288,000 after acquiring an additional 22,637 shares during the period. Finally, ProShare Advisors LLC acquired a new position in Endeavor Group in the 2nd quarter valued at about $255,000. 74.99% of the stock is currently owned by hedge funds and other institutional investors.

About Endeavor Group

Endeavor Group Holdings, Inc operates as a sports and entertainment company in the United States, the United Kingdom, and internationally. It operates through four segments: Owned Sports Properties; Events, Experiences & Rights; Representation; and Sports Data & Technology. The Owned Sports Properties segment operates a portfolio of sports properties, including Ultimate Fighting Championship, World Wrestling Entertainment, Inc, Professional Bull Rider, and Euroleague.