TKO Group Holdings, Inc. (NYSE:TKO) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lowered its position in shares of TKO Group Holdings, Inc. (NYSE:TKO) by 14.1% during the fourth quarter, Holdings Channel reports. The firm owned 4,884 shares of the company’s stock after selling 800 shares during the quarter. Nisa Investment Advisors LLC’s holdings in TKO Group were worth $694,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Blue Trust Inc. boosted its stake in shares of TKO Group by 52.4% in the third quarter. Blue Trust Inc. now owns 259 shares of the company’s stock valued at $32,000 after buying an additional 89 shares in the last quarter. Coldstream Capital Management Inc. lifted its holdings in shares of TKO Group by 3.3% during the 3rd quarter. Coldstream Capital Management Inc. now owns 3,070 shares of the company’s stock valued at $379,000 after acquiring an additional 97 shares in the last quarter. Quent Capital LLC raised its stake in shares of TKO Group by 17.4% during the third quarter. Quent Capital LLC now owns 680 shares of the company’s stock valued at $84,000 after purchasing an additional 101 shares during the period. Signaturefd LLC raised its position in shares of TKO Group by 39.4% in the 3rd quarter. Signaturefd LLC now owns 386 shares of the company’s stock valued at $48,000 after purchasing an additional 109 shares in the last quarter. Finally, UMB Bank n.a. raised its stake in TKO Group by 72.8% during the fourth quarter. UMB Bank n.a. now owns 273 shares of the company’s stock valued at $39,000 after buying an additional 115 shares in the last quarter. 89.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at TKO Group

In other TKO Group news, CAO Shane Kapral sold 1,034 shares of TKO Group stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $141.94, for a total transaction of $146,765.96. Following the transaction, the chief accounting officer now directly owns 2,225 shares of the company’s stock, valued at approximately $315,816.50. The trade was a 31.73 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Ariel Emanuel acquired 105,038 shares of TKO Group stock in a transaction dated Friday, January 24th. The stock was purchased at an average cost of $153.04 per share, for a total transaction of $16,075,015.52. Following the completion of the purchase, the chief executive officer now owns 1,257,800 shares in the company, valued at approximately $192,493,712. The trade was a 9.11 % increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 1,265,894 shares of company stock worth $185,095,692 and sold 71,457 shares worth $10,153,456. 53.80% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Roth Mkm upped their price target on shares of TKO Group from $146.00 to $148.00 and gave the stock a “buy” rating in a research report on Wednesday, October 16th. TD Cowen upped their target price on TKO Group from $140.00 to $143.00 and gave the stock a “buy” rating in a research report on Tuesday, October 29th. UBS Group lifted their target price on shares of TKO Group from $135.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, January 7th. The Goldman Sachs Group increased their price objective 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. Finally, JPMorgan Chase & Co. boosted their price objective on TKO Group from $137.00 to $158.00 and gave the stock an “overweight” rating in a report on Thursday, December 12th. Three equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat.com, TKO Group has a consensus rating of “Moderate Buy” and a consensus target price of $141.21.

TKO Group Stock Up 3.2 %

NYSE:TKO opened at $158.34 on Wednesday. The stock has a 50-day simple moving average of $142.47 and a 200 day simple moving average of $126.60. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.17 and a current ratio of 1.17. The company has a market cap of $27.04 billion, a PE ratio of -377.00 and a beta of 1.07. TKO Group Holdings, Inc. has a 52-week low of $78.69 and a 52-week high of $159.53.

TKO Group (NYSE:TKO) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.28). TKO Group had a negative net margin of 1.26% and a positive return on equity of 3.39%. The company had revenue of $681.20 million during the quarter, compared to analyst estimates of $665.12 million. During the same period in the previous year, the company posted $0.52 EPS. The company’s quarterly revenue was up 51.7% compared to the same quarter last year. On average, sell-side analysts expect that TKO Group Holdings, Inc. will post 3.88 EPS for the current fiscal year.

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.