TKO Group (NYSE:TKO) Stock Rating Lowered by Seaport Res Ptn

TKO Group (NYSE:TKOGet Free Report) was downgraded by analysts at Seaport Res Ptn from a “strong-buy” rating to a “hold” rating in a report released 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 equities analysts also recently commented on TKO. The Goldman Sachs Group boosted their target price on shares of TKO Group from $142.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Pivotal Research boosted their price target on shares of TKO Group from $145.00 to $165.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. TD Cowen raised their price objective on TKO Group from $140.00 to $143.00 and gave the company a “buy” rating in a research report on Tuesday, October 29th. JPMorgan Chase & Co. lifted their target price on TKO Group from $137.00 to $158.00 and gave the stock an “overweight” rating in a report on Thursday, December 12th. Finally, Benchmark lowered TKO Group from a “buy” rating to a “hold” rating in a research note on Thursday, October 24th. Three analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat, TKO Group has a consensus rating of “Moderate Buy” and a consensus price target of $148.08.

View Our Latest Research Report on TKO Group

TKO Group Trading Up 0.2 %

Shares of TKO stock opened at $176.82 on Tuesday. The stock has a fifty day simple moving average of $148.39 and a two-hundred day simple moving average of $130.87. TKO Group has a 52-week low of $78.69 and a 52-week high of $178.13. The firm has a market capitalization of $30.20 billion, a PE ratio of -421.00 and a beta of 1.06. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.17 and a current ratio of 1.17.

Insider Activity

In related news, CFO Andrew M. Schleimer sold 5,419 shares of the stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $141.94, for a total value of $769,172.86. Following the sale, the chief financial officer now directly owns 6,995 shares of the company’s stock, valued at $992,870.30. This represents a 43.65 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder Patrick Whitesell bought 263,200 shares of the company’s stock in a transaction on Monday, December 16th. The shares were acquired at an average price of $146.97 per share, with a total value of $38,682,504.00. Following the transaction, the insider now directly owns 418,587 shares of the company’s stock, valued at approximately $61,519,731.39. This trade represents a 169.38 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders purchased 2,498,297 shares of company stock valued at $387,671,461 and sold 71,457 shares valued at $10,153,456. Corporate insiders own 53.80% of the company’s stock.

Institutional Investors Weigh In On TKO Group

A number of institutional investors and hedge funds have recently modified their holdings of the business. Park Avenue Securities LLC increased its stake in TKO Group by 59.2% in the 4th quarter. Park Avenue Securities LLC now owns 13,004 shares of the company’s stock worth $1,848,000 after buying an additional 4,836 shares during the period. Retirement Systems of Alabama grew its stake in TKO Group by 11.0% in the 3rd quarter. Retirement Systems of Alabama now owns 80,707 shares of the company’s stock worth $9,984,000 after acquiring an additional 8,006 shares in the last quarter. HighTower Advisors LLC increased its position in shares of TKO Group by 177.2% during the third quarter. HighTower Advisors LLC now owns 26,197 shares of the company’s stock worth $3,225,000 after acquiring an additional 16,746 shares during the period. Petrus Trust Company LTA bought a new stake in shares of TKO Group during the third quarter valued at approximately $597,000. Finally, Principal Financial Group Inc. boosted its holdings in shares of TKO Group by 1.1% in the third quarter. Principal Financial Group Inc. now owns 1,246,338 shares of the company’s stock valued at $154,185,000 after purchasing an additional 13,148 shares during the period. 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.

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