TKO Group (NYSE:TKO) Director Nick Khan Sells 400 Shares of Company Stock

TKO Group Holdings, Inc. (NYSE:TKO) Director Nick Khan sold 400 shares of the company’s stock in a transaction dated Tuesday, October 13th. The shares were sold at an average price of $175.07, for a total value of $70,028.00. Following the completion of the sale, the director owned 29,351 shares of the company’s stock, valued at $5,138,479.57. This represents a 1.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Nick Khan also recently made the following trade(s):

• On Thursday, October 15th, Nick Khan sold 9,189 shares of TKO Group stock. The shares were sold at an average price of $175.19, for a total value of $1,609,820.91.
• On Monday, September 14th, Nick Khan sold 9,589 shares of TKO Group stock. The stock was sold at an average price of $194.77, for a total value of $1,867,649.53.
• On Wednesday, August 19th, Nick Khan sold 6,546 shares of TKO Group stock. The stock was sold at an average price of $199.41, for a total transaction of $1,305,337.86.
• On Tuesday, August 18th, Nick Khan sold 8,248 shares of TKO Group stock. The shares were sold at an average price of $194.39, for a total transaction of $1,603,328.72.
• On Thursday, August 13th, Nick Khan sold 9,589 shares of TKO Group stock. The shares were sold at an average price of $197.17, for a total transaction of $1,890,663.13.
• On Monday, July 20th, Nick Khan sold 10,081 shares of TKO Group stock. The shares were sold at an average price of $183.56, for a total transaction of $1,850,468.36.
• On Tuesday, July 21st, Nick Khan sold 12,998 shares of TKO Group stock. The stock was sold at an average price of $181.11, for a total value of $2,354,067.78.

TKO Group Trading Up 2.0%

TKO stock traded up $3.39 during midday trading on Thursday, hitting $175.77. 1,126,686 shares of the company’s stock were exchanged, compared to its average volume of 1,107,775. The stock’s fifty day moving average price is $186.87 and its 200-day moving average price is $190.76. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.28 and a current ratio of 1.28. The company has a market cap of $33.27 billion, a PE ratio of 61.67 and a beta of 0.67. TKO Group Holdings, Inc. has a one year low of $170.92 and a one year high of $226.94.

TKO Group (NYSE:TKO) last posted its earnings results on Monday, August 3rd. The company reported $1.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.07). TKO Group had a net margin of 4.33% and a return on equity of 2.67%. The business had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same period in the previous year, the firm posted $1.17 earnings per share. The firm’s revenue was up 18.2% on a year-over-year basis. Research analysts predict that TKO Group Holdings, Inc. will post 4.42 earnings per share for the current fiscal year.

TKO Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were paid a $0.79 dividend. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $3.16 dividend on an annualized basis and a yield of 1.8%. TKO Group’s dividend payout ratio is presently 110.88%.

Analyst Ratings Changes

Several analysts recently issued reports on the company. JPMorgan Chase & Co. dropped their target price on TKO Group from $225.00 to $222.00 and set an “overweight” rating on the stock in a report on Tuesday, July 21st. Morgan Stanley raised their price target on TKO Group from $225.00 to $230.00 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. Weiss Ratings reiterated a “hold (c+)” rating on shares of TKO Group in a research note on Tuesday, August 4th. Benchmark reissued a “hold” rating on shares of TKO Group in a report on Tuesday, August 4th. Finally, Guggenheim boosted their target price on TKO Group from $230.00 to $235.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Ten equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $237.50.

Institutional Trading of TKO Group

Large investors have recently bought and sold shares of the business. Allworth Financial LP increased its position in TKO Group by 12.2% during the 2nd quarter. Allworth Financial LP now owns 615 shares of the company’s stock worth $124,000 after purchasing an additional 67 shares in the last quarter. Wealthfront Advisers LLC lifted its stake in TKO Group by 4.0% in the 1st quarter. Wealthfront Advisers LLC now owns 2,324 shares of the company’s stock valued at $469,000 after purchasing an additional 89 shares during the last quarter. Patton Fund Management Inc. boosted its position in TKO Group by 8.9% in the first quarter. Patton Fund Management Inc. now owns 1,219 shares of the company’s stock valued at $246,000 after buying an additional 100 shares in the last quarter. Cornerstone Planning Group LLC grew its stake in shares of TKO Group by 543.5% during the first quarter. Cornerstone Planning Group LLC now owns 148 shares of the company’s stock worth $28,000 after buying an additional 125 shares during the last quarter. Finally, QRG Capital Management Inc. increased its holdings in shares of TKO Group by 5.8% during the second quarter. QRG Capital Management Inc. now owns 2,812 shares of the company’s stock worth $566,000 after buying an additional 155 shares in the last quarter. 89.79% of the stock is owned by institutional investors and hedge funds.

About TKO Group

TKO Group Holdings, Inc is a sports and entertainment company that owns and operates Ultimate Fighting Championship (UFC) and World Wrestling Entertainment (WWE). The company was formed in 2023 through the combination of UFC and WWE under Endeavor Group Holdings, creating a platform focused on live sports and entertainment properties.

UFC organizes and promotes mixed martial arts events, distributes related media content, and manages sponsorship, licensing, and consumer products. WWE produces professional wrestling programming and live events, including its flagship brands and premium events, while also generating revenue through media rights, sponsorships, licensing, merchandise, and digital content.

TKO serves audiences and commercial partners internationally through televised and streaming programming, live events, and licensed products.