TKO Group (NYSE:TKO) Director Nick Khan Sells 8,248 Shares of Stock

TKO Group Holdings, Inc. (NYSE:TKOGet Free Report) Director Nick Khan sold 8,248 shares of the business’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $194.39, for a total transaction of $1,603,328.72. Following the transaction, the director directly owned 45,886 shares in the company, valued at $8,919,779.54. This trade represents a 15.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Nick Khan also recently made the following trade(s):

  • On Wednesday, August 19th, Nick Khan sold 6,546 shares of TKO Group stock. The shares were sold at an average price of $199.41, for a total value of $1,305,337.86.
  • On Thursday, August 13th, Nick Khan sold 9,589 shares of TKO Group stock. The stock was sold at an average price of $197.17, for a total value of $1,890,663.13.
  • On Monday, July 20th, Nick Khan sold 10,081 shares of TKO Group stock. The stock was sold at an average price of $183.56, for a total value of $1,850,468.36.
  • On Tuesday, July 21st, Nick Khan sold 12,998 shares of TKO Group stock. The shares were sold at an average price of $181.11, for a total transaction of $2,354,067.78.
  • On Monday, July 13th, Nick Khan sold 9,589 shares of TKO Group stock. The shares were sold at an average price of $182.63, for a total transaction of $1,751,239.07.
  • On Friday, June 12th, Nick Khan sold 9,589 shares of TKO Group stock. The stock was sold at an average price of $207.56, for a total value of $1,990,292.84.

TKO Group Trading Up 5.1%

Shares of NYSE:TKO opened at $201.95 on Thursday. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.58. TKO Group Holdings, Inc. has a 12 month low of $176.00 and a 12 month high of $226.94. The company’s fifty day simple moving average is $192.69 and its 200 day simple moving average is $196.66. The firm has a market cap of $38.22 billion, a price-to-earnings ratio of 70.86 and a beta of 0.63.

TKO Group (NYSE:TKOGet Free Report) last released its earnings results on Monday, August 3rd. The company reported $1.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.07). TKO Group had a net margin of 4.33% and a return on equity of 2.67%. The company had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same period in the prior year, the firm posted $1.17 EPS. TKO Group’s revenue was up 18.2% compared to the same quarter last year. As a group, research analysts forecast that TKO Group Holdings, Inc. will post 5.18 EPS for the current fiscal year.

TKO Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a $0.79 dividend. This is a boost from TKO Group’s previous quarterly dividend of $0.78. This represents a $3.16 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, June 15th. TKO Group’s dividend payout ratio (DPR) is 110.88%.

Analysts Set New Price Targets

TKO has been the subject of a number of recent analyst reports. Wall Street Zen upgraded shares of TKO Group from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings reissued a “hold (c+)” rating on shares of TKO Group in a research report on Tuesday, August 4th. BTIG Research reiterated a “buy” rating and set a $237.00 target price on shares of TKO Group in a research note on Tuesday, August 4th. Sanford C. Bernstein dropped their price target on TKO Group from $240.00 to $235.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 28th. Finally, Guggenheim raised their price target on TKO Group from $230.00 to $235.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Eleven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, TKO Group has a consensus rating of “Moderate Buy” and a consensus target price of $238.08.

Check Out Our Latest Report on TKO

Hedge Funds Weigh In On TKO Group

Institutional investors and hedge funds have recently made changes to their positions in the company. Swiss Life Asset Management Ltd grew its position in shares of TKO Group by 711.4% during the 4th quarter. Swiss Life Asset Management Ltd now owns 25,810 shares of the company’s stock worth $5,394,000 after purchasing an additional 22,629 shares in the last quarter. NFJ Investment Group LLC bought a new stake in TKO Group in the fourth quarter valued at $3,969,000. Todd Asset Management LLC bought a new stake in TKO Group during the 4th quarter valued at $26,150,000. Hsbc Holdings PLC lifted its stake in shares of TKO Group by 38.1% in the fourth quarter. Hsbc Holdings PLC now owns 105,333 shares of the company’s stock valued at $22,115,000 after buying an additional 29,076 shares in the last quarter. Finally, Jefferies Financial Group Inc. bought a new position in shares of TKO Group in the fourth quarter valued at $16,979,000. Institutional investors and hedge funds own 89.79% of the company’s stock.

More TKO Group News

Here are the key news stories impacting TKO Group this week:

  • Positive Sentiment: An analyst’s bullish thesis rates TKO a “buy,” citing the UFC’s $7.7 billion Paramount agreement as a potential catalyst for broader distribution, lower consumer-access barriers and stronger future negotiating leverage. The deal could pressure margins in the near term but expand UFC’s long-term reach. WWE’s $1.6 billion ESPN agreement is also expected to provide recurring content revenue, wider distribution and potential pricing power if subscriber growth develops. TKO Group Holdings: WWE And UFC Are The Jewels
  • Neutral Sentiment: TKO disclosed that CEO Ariel Emanuel, CFO Andrew M. Schleimer, director Nick Khan and insider Mark S. Shapiro sold shares totaling approximately $13.4 million across August 18–19. The filings state that the transactions were made to cover tax-withholding obligations when equity awards vested, reducing the likelihood that the sales signal deteriorating confidence. Emanuel retained 174,334 shares, Shapiro 147,071, Khan 39,340 and Schleimer 38,051 shares after the transactions. Ariel Emanuel SEC filing Andrew Schleimer SEC filing Nick Khan SEC filing Mark Shapiro SEC filing
  • Negative Sentiment: The insider activity may create modest selling-pressure concerns because multiple executives reduced their holdings. TKO’s elevated valuation—about 71 times earnings—also leaves the stock sensitive to execution risks, including near-term margin compression from the UFC distribution agreement and the need for WWE subscriber growth to justify higher renewal pricing.

TKO Group Company Profile

(Get Free Report)

TKO Group Holdings (NYSE: TKO) is a global sports and entertainment company formed in 2023 through the combination of two major combat-sports businesses. The company brings together the mixed martial arts organization UFC and the sports entertainment business WWE under a single publicly traded holding company. TKO owns and manages a portfolio of live-event franchises, intellectual property, and media rights centered on combat and sports-entertainment content.

TKO’s core activities include the promotion and production of live events, the licensing and sale of broadcasting and streaming rights, and the development and commercialization of branded consumer products.

Further Reading

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

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