TKO Group Holdings, Inc. (NYSE:TKO) CEO Ariel Emanuel Purchases 117,769 Shares

TKO Group Holdings, Inc. (NYSE:TKO) CEO Ariel Emanuel bought 117,769 shares of the firm’s stock in a transaction that occurred on Wednesday, February 12th. The stock was bought at an average price of $175.40 per share, with a total value of $20,656,682.60. Following the transaction, the chief executive officer now directly owns 2,579,437 shares in the company, valued at $452,433,249.80. This represents a 4.78 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Ariel Emanuel also recently made the following trade(s):

• On Monday, February 10th, Ariel Emanuel purchased 116,256 shares of TKO Group stock. The stock was bought at an average cost of $172.03 per share, with a total value of $19,999,519.68.
• On Thursday, February 6th, Ariel Emanuel acquired 72,970 shares of TKO Group stock. The shares were bought at an average price of $160.59 per share, for a total transaction of $11,718,252.30.
• On Tuesday, February 4th, Ariel Emanuel bought 76,587 shares of TKO Group stock. The stock was purchased at an average price of $157.13 per share, with a total value of $12,034,115.31.
• On Thursday, January 30th, Ariel Emanuel purchased 66,021 shares of TKO Group stock. The shares were purchased at an average price of $158.39 per share, for a total transaction of $10,457,066.19.
• On Tuesday, January 28th, Ariel Emanuel acquired 92,559 shares of TKO Group stock. The stock was purchased at an average price of $157.69 per share, with a total value of $14,595,628.71.
• On Friday, January 24th, Ariel Emanuel bought 105,038 shares of TKO Group stock. The shares were purchased at an average cost of $153.04 per share, for a total transaction of $16,075,015.52.
• On Wednesday, January 22nd, Ariel Emanuel acquired 115,952 shares of TKO Group stock. The shares were acquired at an average price of $143.85 per share, with a total value of $16,679,695.20.
• On Thursday, December 12th, Ariel Emanuel bought 60,208 shares of TKO Group stock. The stock was acquired at an average price of $143.73 per share, for a total transaction of $8,653,695.84.

TKO Group Stock Up 0.2 %

Shares of NYSE TKO opened at $176.82 on Thursday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.17 and a current ratio of 1.17. TKO Group Holdings, Inc. has a one year low of $78.69 and a one year high of $178.13. The business has a 50-day moving average price of $148.39 and a two-hundred day moving average price of $130.87.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on TKO. Citigroup raised their target price on shares of TKO Group from $137.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, December 17th. UBS Group raised their price objective on TKO Group from $135.00 to $170.00 and gave the stock a “buy” rating in a research note on Tuesday, January 7th. Pivotal Research boosted their target price on TKO Group from $145.00 to $165.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Roth Mkm upped their target price on TKO Group from $146.00 to $148.00 and gave the company a “buy” rating in a report on Wednesday, October 16th. Finally, JPMorgan Chase & Co. lifted their price target on TKO Group from $137.00 to $158.00 and gave the stock an “overweight” rating in a research note on Thursday, December 12th. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, TKO Group has a consensus rating of “Moderate Buy” and a consensus price target of $148.08.

Institutional Trading of TKO Group

A number of hedge funds have recently made changes to their positions in TKO. Smartleaf Asset Management LLC increased its stake in TKO Group by 559.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 178 shares of the company’s stock valued at $26,000 after buying an additional 151 shares during the period. Geneos Wealth Management Inc. acquired a new stake in shares of TKO Group during the 4th quarter valued at $32,000. Game Plan Financial Advisors LLC grew its holdings in shares of TKO Group by 172.2% during the 4th quarter. Game Plan Financial Advisors LLC now owns 245 shares of the company’s stock valued at $35,000 after acquiring an additional 155 shares in the last quarter. Blue Trust Inc. increased its stake in shares of TKO Group by 52.4% in the third quarter. Blue Trust Inc. now owns 259 shares of the company’s stock worth $32,000 after acquiring an additional 89 shares during the last quarter. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of TKO Group during the fourth quarter worth $38,000. 89.79% of the stock is owned by hedge funds and other institutional investors.

About TKO Group

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.