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Endeavor Group Holdings, Inc. (NYSE:EDR), a $14.47 billion market cap entertainment company trading at $30.88 per share, saw its Chief Financial Officer Jason Lublin recently sell shares of the company’s Class A common stock, according to a filing with the Securities and Exchange Commission. The transactions, which took place over several days, resulted in a total sale of approximately $2.08 million. According to InvestingPro analysis, the company is currently trading at a high EBITDA multiple, suggesting rich valuation levels.
On February 24, Lublin sold 50,000 shares at an average price of $29.978 per share. Following this, on February 25, he sold an additional 19,215 shares, with prices ranging from $29.96 to $31.24 per share. These sales were part of transactions automatically executed to cover taxes and fees related to the settlement of restricted stock units. The company has maintained profitability over the last twelve months, with a revenue growth of 41.66%. For deeper insights into Endeavor’s financial health and detailed valuation metrics, investors can access the comprehensive Pro Research Report available on InvestingPro.
After these transactions, Lublin’s direct ownership in Endeavor Group amounts to 200,398 shares. The sales were conducted in compliance with the company’s trading policies. The company maintains a FAIR overall financial health score, as assessed by InvestingPro’s comprehensive evaluation system.
In other recent news, Endeavor Group Holdings Inc . reported strong financial results for Q4 2024, driven by significant growth in its Prime subscription model. The company saw a 40% increase in cash EBITDA, reaching $124 million, and a 91% rise in free cash flow to $69 million. Prime members now contribute 67% of the group’s cash revenue, highlighting the success of Endeavor’s strategic focus on expanding its Prime membership base. The company repurchased €40.1 million of treasury shares, aiming to enhance shareholder value. Endeavor has set ambitious targets, including adding over 1 million new Prime members by FY 2026 and projecting cash EBITDA between €215-220 million. Analysts have noted the company’s robust growth trajectory, with firms like BNP Paribas (OTC:BNPQY) and Deutsche Bank (ETR:DBKGn) engaging in discussions about future expectations. Despite challenges such as market saturation and economic fluctuations, Endeavor’s focus on its subscription model positions it for continued growth.
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