TKO Group director Nick Khan sells $1.68 million in stock

Published 09/07/2025, 01:42
TKO Group director Nick Khan sells $1.68 million in stock

Director Nick Khan of TKO Group Holdings (NASDAQ:TKO) sold 9,519 shares of Class A Common Stock on July 3, 2025, according to a recent SEC Form 4 filing. The sales, executed under a Rule 10b5-1 trading plan, totaled $1.68 million. The transaction comes as TKO trades near its 52-week high of $182.60, with the stock delivering an impressive 57% return over the past year. According to InvestingPro, the company maintains a GOOD financial health score.

The transactions involved two separate sales. The first sale consisted of 7,896 shares, sold at a weighted average price of $176.80, for a total value of $1395069. These shares were sold in multiple transactions at prices ranging from $176.34 to $177.33. The second sale involved 1,623 shares at a weighted average price of $177.72, for a total value of $289383. These shares were sold in multiple transactions at prices ranging from $177.34 and $178.21.

Following these transactions, Khan directly owns 201,664.599 shares of TKO Group Holdings.

In other recent news, TKO Group Holdings announced a quarterly dividend of $0.38 per share for its Class A common stockholders, totaling approximately $75 million. The dividend is set to be paid on June 30, 2025, to stockholders on record as of June 13, 2025. TKO Group’s first-quarter earnings report for 2025 revealed a revenue of $1.27 billion and an adjusted EBITDA of $417 million, surpassing market expectations. Despite this strong performance, Benchmark analysts maintained a Hold rating, noting uneven organic growth and a 13% year-over-year revenue decline in IMG, a recently acquired business.

TD Cowen raised its price target for TKO Group to $220 from $200, citing anticipated earnings and cash flow growth from recent acquisitions. Meanwhile, Bernstein SocGen reiterated its Outperform rating and $190 price target, emphasizing TKO Group’s growth opportunities in live sports entertainment and the potential impact of recent acquisitions. Analysts anticipate the renewal of UFC rights to exceed $1 billion annually, contributing to segment EBITDA growth. TKO’s strategy of enhancing live events and capitalizing on site fees was also highlighted as a growth opportunity. These developments indicate a positive outlook for TKO Group, though some analysts advise caution regarding potential execution risks.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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