Endeavor Group (NYSE:EDR) Now Covered by StockNews.com

StockNews.com started coverage on shares of Endeavor Group (NYSE:EDR) in a report published on Sunday morning. The brokerage issued a hold rating on the stock.

Endeavor Group Trading Up 0.1 %

NYSE EDR opened at $30.37 on Friday. Endeavor Group has a one year low of $22.64 and a one year high of $30.57. The company has a 50-day simple moving average of $29.15 and a 200-day simple moving average of $27.88. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.63 and a current ratio of 0.63. The firm has a market capitalization of $20.78 billion, a PE ratio of -14.81 and a beta of 0.77.

Insider Buying and Selling at Endeavor Group

In other Endeavor Group news, CEO Ariel Emanuel sold 48,176 shares of the business’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 completion of the transaction, the chief executive officer now directly owns 1,831,247 shares of the company’s stock, valued at $53,179,412.88. The trade was a 2.56 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold 225,272 shares of company stock valued at $6,372,925 in the last ninety days. Company insiders own 63.90% of the company’s stock.

Institutional Trading of Endeavor Group

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Longfellow Investment Management Co. LLC bought a new stake in shares of Endeavor Group in the 2nd quarter worth approximately $75,000. DekaBank Deutsche Girozentrale bought a new stake in shares of Endeavor Group in the 1st quarter worth approximately $102,000. SG Americas Securities LLC acquired a new stake in shares of Endeavor Group during the second quarter valued at approximately $130,000. FMR LLC raised its holdings in shares of Endeavor Group by 67.6% during the third quarter. FMR LLC now owns 5,575 shares of the company’s stock valued at $159,000 after acquiring an additional 2,248 shares during the period. Finally, CIBC Asset Management Inc acquired a new stake in shares of Endeavor Group during the second quarter valued at approximately $226,000. 71.37% of the stock is currently owned by institutional investors.

Endeavor Group Company 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.