Mark Shapiro Acquires 10,807 Shares of TKO Group (NYSE:TKO) Stock

TKO Group Holdings, Inc. (NYSE:TKO) insider Mark Shapiro purchased 10,807 shares of TKO Group stock in a transaction on Wednesday, May 13th. The shares were acquired at an average cost of $185.05 per share, for a total transaction of $1,999,835.35. Following the completion of the transaction, the insider owned 129,207 shares of the company’s stock, valued at $23,909,755.35. This represents a 9.13% increase in their ownership of the stock. The acquisition was disclosed in a legal filing 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.

TKO Group Trading Up 4.9%

NYSE TKO opened at $192.63 on Friday. The company’s fifty day simple moving average is $193.88 and its 200-day simple moving average is $198.68. TKO Group Holdings, Inc. has a 52 week low of $152.29 and a 52 week high of $226.94. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.57. The stock has a market cap of $37.39 billion, a P/E ratio of 71.88 and a beta of 0.57.

TKO Group (NYSE:TKO) last posted its earnings results on Wednesday, May 6th. The company reported $1.12 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.01. TKO Group had a net margin of 4.47% and a return on equity of 2.49%. The business had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.59 billion. During the same period in the previous year, the company posted $0.69 earnings per share. The business’s revenue for the quarter was up 25.9% compared to the same quarter last year. Equities research analysts predict that TKO Group Holdings, Inc. will post 5 EPS for the current fiscal year.

TKO Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th were given a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, March 16th. TKO Group’s payout ratio is presently 116.42%.

TKO Group News Roundup

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

• Positive Sentiment: TKO announced a new multi-year event agreement with the Arizona Sports Alliance that will bring UFC, WWE, and other events to Phoenix, expanding its live-event footprint and creating additional revenue opportunities. Article Title
• Positive Sentiment: Related coverage highlighted a seven-event Arizona deal spanning UFC, WWE, and bull riding, reinforcing expectations for stronger event volume and broader monetization of TKO’s sports-entertainment portfolio. Article Title
• Positive Sentiment: CEO Ariel Emanuel and CFO Andrew Schleimer both bought shares in the open market, a sign management may be confident in the company’s outlook and view the stock as undervalued.
• Positive Sentiment: Recent commentary said TKO’s operating performance may be even better than its reported earnings suggest, which could support investor confidence in the stock’s fundamentals. Article Title
• Neutral Sentiment: There was also attention on potential WWE wrestler unionization and criticism of TKO’s cost-cutting, but no direct financial impact has been disclosed yet. Article Title

Analyst Upgrades and Downgrades

A number of research firms have recently commented on TKO. Zacks Research raised shares of TKO Group from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Wall Street Zen raised shares of TKO Group from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. JPMorgan Chase & Co. boosted their target price on shares of TKO Group from $220.00 to $225.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 21st. UBS Group boosted their target price on shares of TKO Group from $235.00 to $238.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Finally, Roth Mkm set a $228.00 target price on shares of TKO Group in a research report on Monday, May 4th. Eleven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $233.73.

Institutional Trading of TKO Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. State Street Corp increased its stake in shares of TKO Group by 20.3% in the third quarter. State Street Corp now owns 5,249,091 shares of the company’s stock worth $1,060,106,000 after buying an additional 887,401 shares during the last quarter. Ninety One UK Ltd increased its stake in shares of TKO Group by 0.8% in the fourth quarter. Ninety One UK Ltd now owns 5,006,158 shares of the company’s stock worth $1,046,287,000 after buying an additional 42,156 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of TKO Group by 54.9% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 3,185,769 shares of the company’s stock worth $665,826,000 after buying an additional 1,128,749 shares during the last quarter. XN LP increased its stake in shares of TKO Group by 6.3% in the fourth quarter. XN LP now owns 2,866,943 shares of the company’s stock worth $599,191,000 after buying an additional 169,574 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its stake in shares of TKO Group by 20.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,373,243 shares of the company’s stock worth $496,008,000 after buying an additional 395,040 shares during the last quarter. Institutional investors own 89.79% of the company’s stock.

About TKO Group

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.