Ariel Emanuel Buys 105,038 Shares of TKO Group Holdings, Inc. (NYSE:TKO) Stock

TKO Group Holdings, Inc. (NYSE:TKO) CEO Ariel Emanuel bought 105,038 shares of TKO Group stock in a transaction that occurred on Friday, January 24th. The stock was bought at an average price of $153.04 per share, with a total value of $16,075,015.52. Following the completion of the acquisition, the chief executive officer now owns 1,257,800 shares in the company, valued at approximately $192,493,712. The trade was a 9.11 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Ariel Emanuel also recently made the following trade(s):

• On Wednesday, January 22nd, Ariel Emanuel bought 115,952 shares of TKO Group stock. The stock was bought at an average price of $143.85 per share, with a total value of $16,679,695.20.
• On Thursday, December 12th, Ariel Emanuel bought 60,208 shares of TKO Group stock. The stock was bought at an average price of $143.73 per share, with a total value of $8,653,695.84.

TKO Group Stock Performance

Shares of NYSE:TKO opened at $158.34 on Wednesday. The business’s fifty day moving average price is $142.47 and its two-hundred day moving average price is $126.60. TKO Group Holdings, Inc. has a fifty-two week low of $78.69 and a fifty-two week high of $159.53. The stock has a market capitalization of $27.04 billion, a price-to-earnings ratio of -377.00 and a beta of 1.07. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.17 and a quick ratio of 1.17.

TKO Group (NYSE:TKO) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates 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 company had revenue of $681.20 million during the quarter, compared to the consensus estimate of $665.12 million. During the same quarter last year, the company earned $0.52 earnings per share. The business’s revenue was up 51.7% on a year-over-year basis. As a group, analysts predict that TKO Group Holdings, Inc. will post 3.88 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. JPMorgan Chase & Co. upped their price target on TKO Group from $137.00 to $158.00 and gave the stock an “overweight” rating in a report on Thursday, December 12th. TD Cowen upped their price target on TKO Group from $140.00 to $143.00 and gave the stock a “buy” rating in a report on Tuesday, October 29th. Benchmark lowered TKO Group from a “buy” rating to a “hold” rating in a report on Thursday, October 24th. Roth Mkm upped their price target on TKO Group from $146.00 to $148.00 and gave the stock a “buy” rating in a report on Wednesday, October 16th. Finally, UBS Group upped their price target on TKO Group from $135.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, January 7th. 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 an average price target of $141.21.

Institutional Trading of TKO Group

A number of large investors have recently bought and sold shares of TKO. Blue Trust Inc. grew its holdings in shares of TKO Group by 28.2% during the fourth quarter. Blue Trust Inc. now owns 332 shares of the company’s stock worth $47,000 after purchasing an additional 73 shares during the last quarter. Coldstream Capital Management Inc. grew its holdings in shares of TKO Group by 3.3% during the third quarter. Coldstream Capital Management Inc. now owns 3,070 shares of the company’s stock worth $379,000 after purchasing an additional 97 shares during the last quarter. Quent Capital LLC grew its holdings in shares of TKO Group by 17.4% during the third quarter. Quent Capital LLC now owns 680 shares of the company’s stock worth $84,000 after purchasing an additional 101 shares during the last quarter. Signaturefd LLC grew its holdings in shares of TKO Group by 39.4% during 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 last quarter. Finally, UMB Bank n.a. grew its holdings in shares of TKO Group by 72.8% during the fourth quarter. UMB Bank n.a. now owns 273 shares of the company’s stock worth $39,000 after purchasing an additional 115 shares during the last quarter. 89.79% of the stock is currently owned by institutional investors.

About TKO Group

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.