TKO Group Holdings, Inc. (NYSE:TKO) Shares Sold by Lindsell Train Ltd

Lindsell Train Ltd lessened its stake in shares of TKO Group Holdings, Inc. (NYSE:TKO) by 19.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,633,367 shares of the company’s stock after selling 888,188 shares during the period. TKO Group accounts for 12.9% of Lindsell Train Ltd’s portfolio, making the stock its largest holding. Lindsell Train Ltd owned 2.13% of TKO Group worth $516,338,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of TKO. Blue Trust Inc. grew its holdings in TKO Group by 52.4% in the 3rd quarter. Blue Trust Inc. now owns 259 shares of the company’s stock valued at $32,000 after buying an additional 89 shares during the last quarter. First Horizon Advisors Inc. boosted its position in shares of TKO Group by 491.5% in the third quarter. First Horizon Advisors Inc. now owns 278 shares of the company’s stock valued at $34,000 after acquiring an additional 231 shares during the period. UMB Bank n.a. grew its stake in shares of TKO Group by 72.8% in the fourth quarter. UMB Bank n.a. now owns 273 shares of the company’s stock worth $39,000 after acquiring an additional 115 shares during the last quarter. Signaturefd LLC increased its position in TKO Group by 39.4% during the third quarter. Signaturefd LLC now owns 386 shares of the company’s stock worth $48,000 after acquiring an additional 109 shares during the period. Finally, Quarry LP acquired a new position in TKO Group during the 2nd quarter valued at $51,000. Institutional investors own 89.79% of the company’s stock.

TKO Group Stock Performance

TKO Group stock opened at $151.93 on Friday. TKO Group Holdings, Inc. has a 52-week low of $78.69 and a 52-week high of $153.89. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.17 and a quick ratio of 1.17. The stock has a fifty day moving average price of $140.68 and a two-hundred day moving average price of $125.46. The firm has a market capitalization of $25.94 billion, a P/E ratio of -361.73 and a beta of 1.07.

TKO Group (NYSE:TKO) last announced its earnings results on Wednesday, November 6th. The company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.28). The firm had revenue of $681.20 million for the quarter, compared to analyst estimates of $665.12 million. TKO Group had a positive return on equity of 3.39% and a negative net margin of 1.26%. The company’s revenue for the quarter was up 51.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.52 EPS. As a group, analysts anticipate that TKO Group Holdings, Inc. will post 3.88 EPS for the current fiscal year.

Analyst Ratings Changes

TKO has been the topic of several research analyst reports. TD Cowen raised their price target on shares of TKO Group from $140.00 to $143.00 and gave the stock a “buy” rating in a research report on Tuesday, October 29th. Guggenheim lifted their target price on TKO Group from $135.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday, September 30th. Benchmark lowered TKO Group from a “buy” rating to a “hold” rating in a research note on Thursday, October 24th. Pivotal Research raised their price objective on TKO Group from $145.00 to $165.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Finally, UBS Group boosted their price objective on TKO Group from $135.00 to $170.00 and gave the company a “buy” rating in a research report on Tuesday, January 7th. Three research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, TKO Group currently has an average rating of “Moderate Buy” and an average target price of $141.21.

Insider Activity

In other news, CAO Shane Kapral sold 1,034 shares of the stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $141.94, for a total transaction of $146,765.96. Following the sale, the chief accounting officer now owns 2,225 shares in the company, valued at approximately $315,816.50. This represents a 31.73 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Patrick Whitesell purchased 263,200 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The stock was acquired at an average cost of $146.97 per share, with a total value of $38,682,504.00. Following the completion of the acquisition, the insider now directly owns 418,587 shares of the company’s stock, valued at $61,519,731.39. The trade was a 169.38 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 950,664 shares of company stock worth $137,096,831 and sold 71,457 shares worth $10,153,456. 53.80% of the stock is currently owned by corporate insiders.

TKO Group Profile

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.