1 week Ago By ABMN Staff
Victory Capital Management Inc. lowered its position in TKO Group Holdings, Inc. ( NYSE:TKO – Free Report ) by 1.
1% during the second quarter, according to its most recent filing with the SEC. The firm owned 578,958 shares of the company’s stock after selling 6,663 shares during the period. Victory Capital Management Inc.
’s holdings in TKO Group were worth $62,522,000 as of its most recent filing with the SEC. A number of other institutional investors also recently modified their holdings of TKO. Envestnet Portfolio Solutions Inc.
raised its position in shares of TKO Group by 10.0% in the 2nd quarter. Envestnet Portfolio Solutions Inc.
now owns 3,156 shares of the company’s stock worth $341,000 after acquiring an additional 286 shares in the last quarter. State of Michigan Retirement System grew its stake in TKO Group by 2.1% during the first quarter.
State of Michigan Retirement System now owns 14,710 shares of the company’s stock worth $1,271,000 after purchasing an additional 300 shares during the period. Louisiana State Employees Retirement System increased its holdings in TKO Group by 1.8% in the first quarter.
Louisiana State Employees Retirement System now owns 17,200 shares of the company’s stock worth $1,486,000 after purchasing an additional 300 shares in the last quarter. Commerce Bank lifted its stake in TKO Group by 5.0% in the fourth quarter.
Commerce Bank now owns 6,973 shares of the company’s stock valued at $569,000 after buying an additional 332 shares during the period. Finally, MFA Wealth Advisors LLC bought a new position in shares of TKO Group during the 2nd quarter worth approximately $36,000. 89.
79% of the stock is owned by institutional investors. TKO Group Price Performance NYSE TKO opened at $115.44 on Monday.
The company has a debt-to-equity ratio of 0.34, a current ratio of 0.99 and a quick ratio of 0.
99. The business has a fifty day simple moving average of $112.63 and a 200 day simple moving average of $102.
06. TKO Group Holdings, Inc. has a 12 month low of $72.
33 and a 12 month high of $120.70. Insider Buying and Selling at TKO Group In other news, Director Nick Khan sold 22,693 shares of the business’s stock in a transaction that occurred on Monday, July 22nd.
The stock was sold at an average price of $105.53, for a total value of $2,394,792.29.
Following the transaction, the director now owns 220,018 shares in the company, valued at approximately $23,218,499.54. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link .
Company insiders own 53.80% of the company’s stock. Wall Street Analysts Forecast Growth A number of research firms recently issued reports on TKO.
Redburn Atlantic assumed coverage on shares of TKO Group in a research report on Thursday, July 18th. They set a “buy” rating and a $129.00 target price on the stock.
UBS Group upped their price objective on shares of TKO Group from $115.00 to $135.00 and gave the company a “buy” rating in a report on Friday, August 9th.
JPMorgan Chase & Co. raised their target price on TKO Group from $126.00 to $132.
00 and gave the company an “overweight” rating in a research note on Friday, August 9th. Bank of America initiated coverage on TKO Group in a research note on Tuesday, August 20th. They set a “buy” rating and a $140.
00 price target on the stock. Finally, Roth Mkm raised their price objective on TKO Group from $121.00 to $130.
00 and gave the company a “buy” rating in a research note on Monday, July 22nd. Two investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to MarketBeat, TKO Group presently has a consensus rating of “Moderate Buy” and an average price target of $121.
93. View Our Latest Report on TKO Group 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. Featured Stories 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.
( NYSE:TKO – Free Report ). Receive News & Ratings for TKO Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TKO Group and related companies with MarketBeat.com's FREE daily email newsletter .
.
