2 weeks Ago By ABMN Staff
Water Island Capital LLC acquired a new position in shares of Endeavor Group Holdings, Inc. ( NYSE:EDR – Free Report ) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,054,268 shares of the company’s stock, valued at approximately $28,497,000.
Endeavor Group comprises about 3.0% of Water Island Capital LLC’s investment portfolio, making the stock its 17th largest holding. Water Island Capital LLC owned approximately 0.
15% of Endeavor Group at the end of the most recent reporting period. Several other hedge funds have also recently added to or reduced their stakes in EDR. Swiss National Bank grew its position in Endeavor Group by 8.
1% in the 1st quarter. Swiss National Bank now owns 356,000 shares of the company’s stock worth $9,160,000 after purchasing an additional 26,800 shares during the last quarter. Sei Investments Co.
acquired a new stake in Endeavor Group during the first quarter worth about $644,000. Gabelli Funds LLC increased its stake in Endeavor Group by 125.0% during the first quarter.
Gabelli Funds LLC now owns 71,899 shares of the company’s stock valued at $1,850,000 after acquiring an additional 39,950 shares during the period. Caxton Associates LP acquired a new position in Endeavor Group in the 4th quarter valued at approximately $2,373,000. Finally, JBF Capital Inc.
acquired a new position in Endeavor Group in the 2nd quarter valued at approximately $622,000. Institutional investors own 71.37% of the company’s stock.
Insider Activity at Endeavor Group In other news, CFO Jason Lublin sold 20,832 shares of the firm’s stock in a transaction that occurred on Monday, July 29th. The shares were sold at an average price of $27.28, for a total transaction of $568,296.
96. Following the completion of the sale, the chief financial officer now owns 130,187 shares of the company’s stock, valued at $3,551,501.36.
The transaction was disclosed in a document filed with the SEC, which is accessible through this link . In other Endeavor Group news, CFO Jason Lublin sold 20,832 shares of the business’s stock in a transaction on Monday, July 29th. The stock was sold at an average price of $27.
28, for a total value of $568,296.96. Following the transaction, the chief financial officer now owns 130,187 shares of the company’s stock, valued at $3,551,501.
36. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website . Also, CEO Ariel Emanuel sold 27,816 shares of the firm’s stock in a transaction on Friday, September 20th.
The shares were sold at an average price of $28.01, for a total value of $779,126.16.
Following the completion of the sale, the chief executive officer now owns 1,831,247 shares of the company’s stock, valued at $51,293,228.47. The disclosure for this sale can be found here .
Insiders sold 197,928 shares of company stock valued at $5,542,191 in the last ninety days. Insiders own 63.90% of the company’s stock.
Wall Street Analyst Weigh In View Our Latest Analysis on EDR Endeavor Group Trading Up 0.8 % EDR stock opened at $28.55 on Monday.
The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.
26. The firm has a market cap of $19.78 billion, a P/E ratio of 51.
91 and a beta of 0.77. Endeavor Group Holdings, Inc.
has a 1-year low of $17.65 and a 1-year high of $28.62.
The business’s 50 day moving average is $27.54 and its 200-day moving average is $26.89.
Endeavor Group ( NYSE:EDR – Get Free Report ) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.
46 by ($0.06). The company had revenue of $1.
75 billion for the quarter, compared to analyst estimates of $1.87 billion. Endeavor Group had a positive return on equity of 4.
45% and a negative net margin of 6.23%. Equities analysts anticipate that Endeavor Group Holdings, Inc.
will post 1.4 earnings per share for the current fiscal year. Endeavor Group Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th.
Investors of record on Monday, September 16th will be issued a dividend of $0.06 per share. This represents a $0.
24 annualized dividend and a yield of 0.84%. The ex-dividend date of this dividend is Monday, September 16th.
Endeavor Group’s dividend payout ratio is currently 43.64%. Endeavor Group Profile ( Free Report ) 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. Further Reading Want to see what other hedge funds are holding EDR? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Endeavor Group Holdings, Inc. ( NYSE:EDR – Free Report ). Receive News & Ratings for Endeavor Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Endeavor Group and related companies with MarketBeat.
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