TKO Group Holdings, Inc. (NYSE:TKO) Major Shareholder Patrick Whitesell Purchases 81,019 Shares

Posted by George Bondi on Feb 8th, 2025

TKO Group Holdings, Inc. (NYSE:TKO – Get Free Report) major shareholder Patrick Whitesell acquired 81,019 shares of the firm’s stock in a transaction on Wednesday, February 5th. The stock was purchased at an average price of $159.72 per share, with a total value of $12,940,354.68. Following the acquisition, the insider now owns 1,938,135 shares of the company’s stock, valued at $309,558,922.20. This represents a 4.36 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Patrick Whitesell also recently made the following trade(s):

On Friday, February 7th, Patrick Whitesell purchased 177,861 shares of TKO Group stock. The stock was acquired at an average price of $165.99 per share, with a total value of $29,523,147.39.
On Monday, February 3rd, Patrick Whitesell acquired 94,161 shares of TKO Group stock. The shares were acquired at an average cost of $157.79 per share, for a total transaction of $14,857,664.19.
On Friday, January 31st, Patrick Whitesell bought 80,758 shares of TKO Group stock. The shares were acquired at an average cost of $156.79 per share, with a total value of $12,662,046.82.
On Wednesday, January 29th, Patrick Whitesell purchased 99,996 shares of TKO Group stock. The stock was bought at an average cost of $156.60 per share, for a total transaction of $15,659,373.60.
On Monday, January 27th, Patrick Whitesell acquired 89,234 shares of TKO Group stock. The shares were bought at an average cost of $153.18 per share, with a total value of $13,668,864.12.
On Thursday, January 23rd, Patrick Whitesell bought 120,958 shares of TKO Group stock. The stock was bought at an average cost of $150.92 per share, for a total transaction of $18,254,981.36.
On Tuesday, January 21st, Patrick Whitesell purchased 108,476 shares of TKO Group stock. The shares were bought at an average price of $144.13 per share, with a total value of $15,634,645.88.
On Friday, January 17th, Patrick Whitesell purchased 125,589 shares of TKO Group stock. The stock was purchased at an average price of $143.06 per share, for a total transaction of $17,966,762.34.
On Monday, December 16th, Patrick Whitesell acquired 263,200 shares of TKO Group stock. The shares were purchased at an average price of $146.97 per share, with a total value of $38,682,504.00.
On Friday, December 13th, Patrick Whitesell bought 245,887 shares of TKO Group stock. The stock was purchased at an average price of $142.45 per share, for a total transaction of $35,026,603.15.

TKO Group Trading Up 3.4 %

TKO opened at $166.69 on Friday. The company’s 50 day moving average is $146.05 and its 200 day moving average is $129.28. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.17 and a quick ratio of 1.17. TKO Group Holdings, Inc. has a 12-month low of $78.69 and a 12-month high of $168.25.

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

Analysts Set New Price Targets

A number of equities analysts recently weighed in on TKO shares. Benchmark lowered shares of TKO Group from a “buy” rating to a “hold” rating in a report on Thursday, October 24th. Citigroup lifted their target price on TKO Group from $137.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, December 17th. Pivotal Research upped their price target on TKO Group from $145.00 to $165.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. UBS Group lifted their price objective on TKO Group from $135.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, January 7th. Finally, JPMorgan Chase & Co. upped their target price on shares of TKO Group from $137.00 to $158.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $148.08.

Check Out Our Latest Report on TKO

Hedge Funds Weigh In On TKO Group

A number of institutional investors have recently bought and sold shares of the stock. Smartleaf Asset Management LLC increased its position in TKO Group by 559.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 178 shares of the company’s stock worth $26,000 after buying an additional 151 shares in the last quarter. Geneos Wealth Management Inc. bought a new position in shares of TKO Group during the 4th quarter valued at approximately $32,000. Game Plan Financial Advisors LLC increased its holdings 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 acquiring an additional 155 shares in the last quarter. Blue Trust Inc. raised its stake in TKO Group by 52.4% during the 3rd quarter. Blue Trust Inc. now owns 259 shares of the company’s stock worth $32,000 after acquiring an additional 89 shares during the period. Finally, SBI Securities Co. Ltd. purchased a new position in TKO Group during the fourth quarter valued at approximately $38,000. 89.79% of the stock is owned by institutional investors.

TKO Group Company Profile

(Get Free Report)

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.