Endeavor Group Holdings, Inc. (NYSE:EDR) Holdings Cut by Maven Securities LTD

Maven Securities LTD lowered its holdings in Endeavor Group Holdings, Inc. (NYSE:EDR) by 76.2% during the third quarter, HoldingsChannel.com reports. The fund owned 20,000 shares of the company’s stock after selling 63,900 shares during the period. Maven Securities LTD’s holdings in Endeavor Group were worth $571,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Longfellow Investment Management Co. LLC acquired a new stake in shares of Endeavor Group in the second quarter valued at approximately $75,000. DekaBank Deutsche Girozentrale acquired a new stake in shares of Endeavor Group in the first quarter valued at approximately $102,000. SG Americas Securities LLC acquired a new stake in shares of Endeavor Group in the second quarter valued at approximately $130,000. FMR LLC increased its stake in shares of Endeavor Group by 67.6% in the third quarter. FMR LLC now owns 5,575 shares of the company’s stock valued at $159,000 after purchasing an additional 2,248 shares during the period. Finally, CIBC Asset Management Inc acquired a new stake in shares of Endeavor Group in the second quarter valued at approximately $226,000. Institutional investors own 71.37% of the company’s stock.

Endeavor Group Price Performance

NYSE EDR opened at $30.29 on Thursday. Endeavor Group Holdings, Inc. has a 12 month low of $22.64 and a 12 month high of $30.60. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.63 and a quick ratio of 0.63. The firm has a market capitalization of $20.72 billion, a PE ratio of -14.80 and a beta of 0.76. The company’s 50 day simple moving average is $29.25 and its 200 day simple moving average is $27.94.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Endeavor Group in a research note on Sunday. They issued a “hold” rating on the stock. Nine equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, Endeavor Group presently has a consensus rating of “Hold” and an average target price of $27.86.

Insider Activity at Endeavor Group

In related news, CEO Ariel Emanuel sold 149,280 shares of the firm’s stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $28.10, for a total transaction of $4,194,768.00. Following the transaction, the chief executive officer now owns 1,831,247 shares in the company, valued at $51,458,040.70. This trade represents a 7.54 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 225,272 shares of company stock worth $6,372,925 over the last quarter. 63.90% of the stock is currently owned by company insiders.

About Endeavor Group

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.