Compass Capital Corp MA ADV Invests $482,000 in TKO Group Holdings, Inc. (NYSE:TKO)

Compass Capital Corp MA ADV acquired a new position in shares of TKO Group Holdings, Inc. (NYSE:TKO) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 3,335 shares of the company’s stock, valued at approximately $482,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Handelsbanken Fonder AB increased its holdings in shares of TKO Group by 20.4% during the 4th quarter. Handelsbanken Fonder AB now owns 17,137 shares of the company’s stock worth $2,435,000 after purchasing an additional 2,900 shares during the period. Kestra Investment Management LLC bought a new position in shares of TKO Group during the 4th quarter worth about $44,000. Venturi Wealth Management LLC bought a new position in shares of TKO Group during the 4th quarter worth about $384,000. CIBC Asset Management Inc increased its holdings in shares of TKO Group by 5.7% during the 4th quarter. CIBC Asset Management Inc now owns 2,529 shares of the company’s stock worth $359,000 after purchasing an additional 136 shares during the period. Finally, Game Plan Financial Advisors LLC increased its holdings in shares of TKO Group by 172.2% during the 4th quarter. Game Plan Financial Advisors LLC now owns 245 shares of the company’s stock worth $35,000 after purchasing an additional 155 shares during the period. Institutional investors own 89.79% of the company’s stock.

TKO Group Stock Down 1.8 %

Shares of TKO Group stock opened at $163.58 on Friday. TKO Group Holdings, Inc. has a 1-year low of $78.69 and a 1-year high of $179.09. The firm’s 50-day moving average price is $151.86 and its two-hundred day moving average price is $133.32. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.34.

Analyst Ratings Changes

TKO has been the topic of several research reports. TD Cowen boosted their price objective on shares of TKO Group from $140.00 to $143.00 and gave the stock a “buy” rating in a report on Tuesday, October 29th. Benchmark cut shares of TKO Group from a “buy” rating to a “hold” rating in a research note on Thursday, October 24th. The Goldman Sachs Group upped their target price on shares of TKO Group from $142.00 to $165.00 and gave the company a “buy” rating in a research note on Friday, January 24th. JPMorgan Chase & Co. upped their target price on shares of TKO Group from $137.00 to $158.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Finally, Seaport Res Ptn cut shares of TKO Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 11th. Three investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $148.08.

Insider Transactions at TKO Group

In related news, CAO Shane Kapral sold 1,034 shares of the stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $141.94, for a total value of $146,765.96. Following the transaction, the chief accounting officer now directly owns 2,225 shares in the company, valued at $315,816.50. This represents a 31.73 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Andrew M. Schleimer sold 5,419 shares of the stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $141.94, for a total transaction of $769,172.86. Following the completion of the sale, the chief financial officer now owns 6,995 shares in the company, valued at approximately $992,870.30. This trade represents a 43.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have purchased 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 company insiders.

TKO Group 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.