TKO Group (NYSE:TKO) Downgraded to Hold Rating by Seaport Res Ptn

TKO Group (NYSE:TKO) was downgraded by investment analysts at Seaport Res Ptn from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports. Seaport Res Ptn also issued estimates for TKO Group’s Q4 2024 earnings at $0.38 EPS, Q1 2025 earnings at $0.84 EPS, Q2 2025 earnings at $1.40 EPS, Q3 2025 earnings at $0.83 EPS, Q4 2025 earnings at $0.79 EPS, FY2025 earnings at $3.83 EPS and FY2026 earnings at $5.46 EPS.

Several other research analysts also recently issued reports on the stock. JPMorgan Chase & Co. boosted their price objective on shares of TKO Group from $137.00 to $158.00 and gave the stock an “overweight” rating in a report on Thursday, December 12th. Roth Mkm boosted their price target on TKO Group from $146.00 to $148.00 and gave the company a “buy” rating in a research note on Wednesday, October 16th. TD Cowen raised their price objective on TKO Group from $140.00 to $143.00 and gave the stock a “buy” rating in a research report on Tuesday, October 29th. Benchmark cut TKO Group from a “buy” rating to a “hold” rating in a research report on Thursday, October 24th. Finally, Pivotal Research upped their target price on TKO Group from $145.00 to $165.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Three equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, TKO Group presently has an average rating of “Moderate Buy” and an average price target of $148.08.

TKO Group Trading Up 0.2 %

Shares of TKO Group stock opened at $176.82 on Tuesday. The company has a market cap of $30.20 billion, a price-to-earnings ratio of -421.00 and a beta of 1.06. TKO Group has a 1 year low of $78.69 and a 1 year high of $178.13. The company’s fifty day simple moving average is $148.39 and its 200-day simple moving average is $130.87. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.34.

Insider Activity

In other news, major shareholder Patrick Whitesell purchased 31,352 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The stock was purchased at an average cost of $142.03 per share, with a total value of $4,452,924.56. Following the acquisition, the insider now directly owns 1,674,322 shares of the company’s stock, valued at approximately $237,803,953.66. This trade represents a 1.91 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Ariel Emanuel purchased 60,208 shares of TKO Group stock in a transaction on Thursday, December 12th. The stock was purchased at an average price of $143.73 per share, for a total transaction of $8,653,695.84. Following the completion of the transaction, the chief executive officer now owns 1,734,530 shares of the company’s stock, valued at approximately $249,303,996.90. This represents a 3.60 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 2,498,297 shares of company stock worth $387,671,461 and have sold 71,457 shares worth $10,153,456. 53.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On TKO Group

A number of large investors have recently bought and sold shares of TKO. Smartleaf Asset Management LLC boosted its stake 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 purchasing an additional 151 shares in the last quarter. Geneos Wealth Management Inc. bought a new position in shares of TKO Group in the fourth quarter valued at about $32,000. Game Plan Financial Advisors LLC raised its holdings in shares of TKO Group by 172.2% in the fourth quarter. Game Plan Financial Advisors LLC now owns 245 shares of the company’s stock valued at $35,000 after buying an additional 155 shares during the last quarter. Blue Trust Inc. lifted its position 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 buying an additional 89 shares in the last quarter. Finally, SBI Securities Co. Ltd. bought a new stake in TKO Group during the 4th quarter worth about $38,000. 89.79% of the stock is currently owned by institutional investors.

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.