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

TKO Group Holdings, Inc. (NYSE:TKO - Get Free Report) CEO Ariel Emanuel acquired 117,769 shares of the business's stock in a transaction dated Wednesday, February 12th. The shares were bought at an average cost of $175.40 per share, for a total transaction of $20,656,682.60. Following the transaction, the chief executive officer now directly owns 2,579,437 shares in the company, valued at approximately $452,433,249.80. This represents a 4.78 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

TKO Group Stock Performance

Shares of NYSE TKO traded up $1.11 during mid-day trading on Friday, hitting $175.60. The stock had a trading volume of 1,453,471 shares, compared to its average volume of 798,429. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.17 and a current ratio of 1.17. The company has a 50 day moving average of $149.62 and a two-hundred day moving average of $131.80. TKO Group Holdings, Inc. has a twelve month low of $78.69 and a twelve month high of $179.09. The firm has a market cap of $29.99 billion, a PE ratio of -418.09 and a beta of 1.06.

Wall Street Analyst Weigh In

TKO has been the topic of several research analyst reports. The Goldman Sachs Group boosted their price target on shares of TKO Group from $142.00 to $165.00 and gave the company a "buy" rating in a research report on Friday, January 24th. TD Cowen increased their price objective on shares of TKO Group from $140.00 to $143.00 and gave the stock a "buy" rating in a research note on Tuesday, October 29th. Seaport Res Ptn lowered shares of TKO Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 11th. Benchmark downgraded shares of TKO Group from a "buy" rating to a "hold" rating in a research note on Thursday, October 24th. Finally, JPMorgan Chase & Co. raised their price target on shares of TKO Group from $137.00 to $158.00 and gave the stock an "overweight" rating in a research note on Thursday, December 12th. Three investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to data from MarketBeat.com, TKO Group presently has an average rating of "Moderate Buy" and a consensus price target of $148.08.

Hedge Funds Weigh In On TKO Group

Several hedge funds have recently made changes to their positions in the company. Smartleaf Asset Management LLC grew its position in TKO Group by 559.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 178 shares of the company's stock worth $26,000 after purchasing an additional 151 shares during the period. Blue Trust Inc. grew its position in shares of TKO Group by 52.4% during the 3rd quarter. Blue Trust Inc. now owns 259 shares of the company's stock valued at $32,000 after acquiring an additional 89 shares during the period. Geneos Wealth Management Inc. purchased a new position in TKO Group in the 4th quarter valued at about $32,000. First Horizon Advisors Inc. lifted its stake in TKO Group by 491.5% in the 3rd quarter. First Horizon Advisors Inc. now owns 278 shares of the company's stock valued at $34,000 after buying an additional 231 shares in the last quarter. Finally, Game Plan Financial Advisors LLC lifted its stake in TKO Group by 172.2% in the 4th quarter. Game Plan Financial Advisors LLC now owns 245 shares of the company's stock worth $35,000 after purchasing an additional 155 shares in the last quarter. 89.79% of the stock is owned by institutional investors and hedge funds.

TKO Group Company 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.