Natixis Advisors LLC Grows Stock Position in TKO Group Holdings, Inc. $TKO

Natixis Advisors LLC boosted its position in TKO Group Holdings, Inc. (NYSE:TKO) by 14.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 339,106 shares of the company’s stock after buying an additional 43,614 shares during the quarter. Natixis Advisors LLC’s holdings in TKO Group were worth $70,873,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the company. New Mexico Educational Retirement Board increased its position in TKO Group by 6.7% in the fourth quarter. New Mexico Educational Retirement Board now owns 3,200 shares of the company’s stock worth $669,000 after buying an additional 200 shares during the last quarter. Founders Financial Securities LLC increased its position in TKO Group by 8.0% in the fourth quarter. Founders Financial Securities LLC now owns 1,094 shares of the company’s stock worth $229,000 after buying an additional 81 shares during the last quarter. MUFG Securities EMEA plc increased its position in TKO Group by 105.8% in the fourth quarter. MUFG Securities EMEA plc now owns 2,718 shares of the company’s stock worth $568,000 after buying an additional 1,397 shares during the last quarter. Norges Bank purchased a new stake in TKO Group in the fourth quarter worth $150,602,000. Finally, Eurizon Capital SGR S.p.A. purchased a new stake in TKO Group in the fourth quarter worth $1,282,000. 89.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have issued reports on TKO. Wall Street Zen raised TKO Group from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. BTIG Research reissued a “buy” rating and issued a $237.00 target price on shares of TKO Group in a research report on Thursday, May 7th. UBS Group raised their target price on TKO Group from $235.00 to $238.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Zacks Research raised TKO Group from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Finally, Wolfe Research reaffirmed a “peer perform” rating on shares of TKO Group in a report on Thursday, March 5th. Eleven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $233.73.

Insider Transactions at TKO Group

In related news, CFO Andrew M. Schleimer purchased 2,696 shares of the business’s stock in a transaction dated Wednesday, May 13th. The stock was purchased at an average cost of $185.44 per share, with a total value of $499,946.24. Following the completion of the acquisition, the chief financial officer directly owned 30,240 shares of the company’s stock, valued at approximately $5,607,705.60. The trade was a 9.79% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Mark S. Shapiro acquired 10,807 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The shares were acquired at an average cost of $185.05 per share, with a total value of $1,999,835.35. Following the purchase, the insider directly owned 129,207 shares of the company’s stock, valued at $23,909,755.35. This trade represents a 9.13% increase in their position. The SEC filing for this purchase provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders purchased 24,308 shares of company stock valued at $4,499,679 and sold 19,290 shares valued at $3,711,017. Insiders own 64.30% of the company’s stock.

TKO Group Price Performance

TKO Group stock opened at $204.34 on Wednesday. TKO Group Holdings, Inc. has a one year low of $152.29 and a one year high of $226.94. The business has a fifty day moving average price of $191.91 and a 200-day moving average price of $199.48. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.34 and a quick ratio of 1.34. The firm has a market capitalization of $39.67 billion, a P/E ratio of 76.25 and a beta of 0.59.

TKO Group (NYSE:TKO) last posted its quarterly 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 return on equity of 2.49% and a net margin of 4.47%.The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same period last year, the company earned $0.69 earnings per share. The business’s revenue for the quarter was up 25.9% on a year-over-year basis. As a group, equities research analysts forecast that TKO Group Holdings, Inc. will post 5 EPS for the current year.

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.