Jason Lublin Sells 20,832 Shares of Endeavor Group Holdings, Inc. (NYSE:EDR) Stock

Endeavor Group Holdings, Inc. (NYSE:EDRGet Free Report) CFO Jason Lublin sold 20,832 shares of the stock in a transaction that occurred on Tuesday, January 23rd. The stock was sold at an average price of $25.47, for a total transaction of $530,591.04. Following the sale, the chief financial officer now owns 55,705 shares in the company, valued at $1,418,806.35. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Jason Lublin also recently made the following trade(s):

  • On Tuesday, December 5th, Jason Lublin sold 20,832 shares of Endeavor Group stock. The shares were sold at an average price of $24.30, for a total transaction of $506,217.60.
  • On Monday, November 13th, Jason Lublin sold 52,080 shares of Endeavor Group stock. The shares were sold at an average price of $24.48, for a total transaction of $1,274,918.40.

Endeavor Group Trading Down 0.4 %

Shares of Endeavor Group stock traded down $0.10 during trading hours on Friday, reaching $25.15. 486,498 shares of the company’s stock were exchanged, compared to its average volume of 3,401,692. Endeavor Group Holdings, Inc. has a 52-week low of $17.65 and a 52-week high of $26.26. The firm has a market capitalization of $17.45 billion, a price-to-earnings ratio of 72.16, a price-to-earnings-growth ratio of 1.18 and a beta of 0.84. The company has a fifty day moving average of $23.96 and a 200-day moving average of $22.90. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.43.

Endeavor Group (NYSE:EDRGet Free Report) last posted its quarterly earnings results on Wednesday, November 8th. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.17 by $0.14. Endeavor Group had a net margin of 2.41% and a negative return on equity of 0.87%. The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.26 billion. Sell-side analysts forecast that Endeavor Group Holdings, Inc. will post 0.52 EPS for the current fiscal year.

Endeavor Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 15th were issued a dividend of $0.06 per share. The ex-dividend date was Thursday, December 14th. This represents a $0.24 annualized dividend and a dividend yield of 0.95%. Endeavor Group’s payout ratio is currently 68.57%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Endeavor Group from a “sell” rating to a “hold” rating in a research note on Thursday. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $32.00.

Get Our Latest Analysis on EDR

Institutional Investors Weigh In On Endeavor Group

Several hedge funds have recently modified their holdings of the stock. Quilter Plc purchased a new stake in shares of Endeavor Group during the first quarter worth about $421,032,000. Citigroup Inc. increased its stake in Endeavor Group by 14.6% during the fourth quarter. Citigroup Inc. now owns 3,878 shares of the company’s stock valued at $87,000 after purchasing an additional 493 shares during the last quarter. Steph & Co. grew its position in Endeavor Group by 5.1% in the 3rd quarter. Steph & Co. now owns 12,088 shares of the company’s stock worth $241,000 after purchasing an additional 591 shares during the last quarter. Advisory Services Network LLC raised its stake in Endeavor Group by 134.2% during the 1st quarter. Advisory Services Network LLC now owns 1,150 shares of the company’s stock valued at $28,000 after acquiring an additional 659 shares in the last quarter. Finally, HighTower Advisors LLC grew its stake in shares of Endeavor Group by 4.7% in the third quarter. HighTower Advisors LLC now owns 16,037 shares of the company’s stock worth $319,000 after purchasing an additional 721 shares in the last quarter. 43.70% of the stock is currently owned by hedge funds and other institutional investors.

Endeavor Group Company Profile

(Get Free Report)

Endeavor Group Holdings, Inc operates as an entertainment, sports, and content company worldwide. The Owned Sports Properties segment operates a portfolio of sports properties, including Ultimate Fighting Championship, Professional Bull Rider, Euroleague, and Diamond Baseball Holdings that license broadcast and other intellectual property rights and operate exclusive live events.

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Insider Buying and Selling by Quarter for Endeavor Group (NYSE:EDR)

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