4 days Ago By ABMN Staff
Envestnet Asset Management Inc. reduced its position in shares of TKO Group Holdings, Inc. ( NYSE:TKO – Free Report ) by 0.
5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 121,730 shares of the company’s stock after selling 669 shares during the quarter. Envestnet Asset Management Inc.
owned approximately 0.07% of TKO Group worth $17,299,000 as of its most recent filing with the Securities & Exchange Commission. Several other institutional investors have also added to or reduced their stakes in the company.
Resona Asset Management Co. Ltd. purchased a new position in shares of TKO Group during the fourth quarter valued at approximately $431,000.
Wells Fargo & Company MN increased its position in TKO Group by 31.0% during the 4th quarter. Wells Fargo & Company MN now owns 285,743 shares of the company’s stock valued at $40,607,000 after purchasing an additional 67,544 shares during the period.
Landscape Capital Management L.L.C.
bought a new position in TKO Group in the 4th quarter worth $690,000. ExodusPoint Capital Management LP bought a new position in TKO Group in the 4th quarter worth $10,859,000. Finally, Huntington National Bank lifted its position in shares of TKO Group by 53,571.
4% in the 4th quarter. Huntington National Bank now owns 3,757 shares of the company’s stock worth $534,000 after purchasing an additional 3,750 shares during the period. Hedge funds and other institutional investors own 89.
79% of the company’s stock. TKO Group Stock Performance Shares of TKO stock opened at $149.77 on Wednesday.
The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.17 and a current ratio of 1.
17. The company has a market capitalization of $25.64 billion, a price-to-earnings ratio of -356.
60 and a beta of 0.90. TKO Group Holdings, Inc.
has a one year low of $94.32 and a one year high of $179.09.
The company’s 50-day moving average is $153.46 and its 200 day moving average is $141.93.
TKO Group Announces Dividend Analyst Ratings Changes TKO has been the subject of a number of research reports. Benchmark reissued a “hold” rating on shares of TKO Group in a research note on Monday, March 3rd. The Goldman Sachs Group increased their target price on TKO Group from $142.
00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Pivotal Research restated a “buy” rating and set a $195.
00 price target (up from $145.00) on shares of TKO Group in a research report on Thursday, February 27th. Seaport Res Ptn upgraded TKO Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 4th.
Finally, Citigroup boosted their target price on shares of TKO Group from $137.00 to $170.00 and gave the company a “buy” rating in a report on Tuesday, December 17th.
Two analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, TKO Group currently has an average rating of “Moderate Buy” and a consensus price target of $159.
36. Read Our Latest Stock Report on TKO Group Insider Buying and Selling In related news, major shareholder Patrick Whitesell bought 108,476 shares of the business’s stock in a transaction on Tuesday, January 21st. The stock was acquired at an average price of $144.
13 per share, with a total value of $15,634,645.88. Following the transaction, the insider now owns 915,852 shares in the company, valued at approximately $132,001,748.
76. This trade represents a 13.44 % increase in their position.
The purchase was disclosed in a filing with the SEC, which is accessible through this link . Also, CEO Ariel Emanuel acquired 115,952 shares of TKO Group stock in a transaction that occurred on Wednesday, January 22nd. The shares were purchased at an average price of $143.
85 per share, with a total value of $16,679,695.20. Following the transaction, the chief executive officer now owns 1,031,804 shares of the company’s stock, valued at $148,425,005.
40. The trade was a 12.66 % increase in their position.
The disclosure for this purchase can be found here . In the last three months, insiders bought 1,921,383 shares of company stock worth $304,417,051 and sold 5,833 shares worth $838,785. 53.
80% of the stock is owned by company insiders. About TKO Group ( Free Report ) 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. Further Reading Want to see what other hedge funds are holding TKO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TKO Group Holdings, Inc.
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