Athos Capital Ltd Has $220.46 Million Stock Position in Endeavor Group Holdings, Inc. (NYSE:EDR)

Athos Capital Ltd lifted its position in shares of Endeavor Group Holdings, Inc. (NYSE:EDR) by 135.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,719,200 shares of the company’s stock after purchasing an additional 4,447,000 shares during the period. Endeavor Group comprises 71.5% of Athos Capital Ltd’s investment portfolio, making the stock its largest holding. Athos Capital Ltd owned approximately 1.13% of Endeavor Group worth $220,460,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Pentwater Capital Management LP increased its stake in shares of Endeavor Group by 457.0% in the second quarter. Pentwater Capital Management LP now owns 13,200,000 shares of the company’s stock valued at $356,796,000 after buying an additional 10,830,000 shares during the period. Davidson Kempner Capital Management LP bought a new stake in shares of Endeavor Group in the 2nd quarter valued at $205,038,000. Glazer Capital LLC acquired a new stake in shares of Endeavor Group during the second quarter worth $49,017,000. LMR Partners LLP raised its stake in Endeavor Group by 41.6% during the third quarter. LMR Partners LLP now owns 4,393,759 shares of the company’s stock worth $125,486,000 after buying an additional 1,290,867 shares during the last quarter. Finally, Water Island Capital LLC acquired a new position in Endeavor Group in the second quarter valued at $28,497,000. Institutional investors and hedge funds own 71.37% of the company’s stock.

Insider Transactions at Endeavor Group

In other Endeavor Group news, CEO Ariel Emanuel sold 48,176 shares of the company’s stock in a transaction dated Tuesday, October 8th. The shares were sold at an average price of $29.04, for a total transaction of $1,399,031.04. Following the sale, the chief executive officer now directly owns 1,831,247 shares of the company’s stock, valued at $53,179,412.88. This represents a 2.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In the last 90 days, insiders sold 225,272 shares of company stock worth $6,372,925. 63.90% of the stock is owned by company insiders.

Endeavor Group Price Performance

Shares of NYSE EDR opened at $30.37 on Monday. The firm has a market cap of $20.78 billion, a price-to-earnings ratio of -14.81 and a beta of 0.77. The stock has a fifty day simple moving average of $29.15 and a two-hundred day simple moving average of $27.88. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.28. Endeavor Group Holdings, Inc. has a 1-year low of $22.64 and a 1-year high of $30.57.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on Endeavor Group in a report on Sunday. They set a “hold” rating for the company. Nine analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $27.86.

Endeavor Group Profile

Endeavor Group Holdings, Inc operates as a sports and entertainment company in the United States, the United Kingdom, and internationally. It operates through four segments: Owned Sports Properties; Events, Experiences & Rights; Representation; and Sports Data & Technology. The Owned Sports Properties segment operates a portfolio of sports properties, including Ultimate Fighting Championship, World Wrestling Entertainment, Inc, Professional Bull Rider, and Euroleague.