AirNet Technology raises $180 million in digital assets offering
On March 17, 2025, Sonya E. Medina, a director at TKO Group Holdings, Inc. (NYSE:TKO), acquired 233 shares of Class A common stock. The shares were purchased at a price of $142.93 each, totaling $33,302. Following this transaction, Medina’s total direct ownership in the company increased to 2,000 shares. The purchase comes as TKO, now valued at approximately $25 billion, has delivered an impressive 80% return over the past year. According to InvestingPro analysis, the stock currently trades near analysts’ consensus target, with price targets ranging from $117 to $220.
This transaction was officially reported in a filing with the Securities and Exchange Commission, underscoring Medina’s continued investment in TKO Group Holdings, a company known for its services in the amusement and recreation sector. InvestingPro data shows the company maintains a ’GOOD’ financial health score, with liquid assets exceeding short-term obligations. For deeper insights into insider trading patterns and comprehensive financial analysis, investors can access the detailed TKO Pro Research Report, available exclusively on InvestingPro.
In other recent news, TKO Group Holdings reported fourth-quarter earnings for 2024, with revenues and adjusted EBITDA surpassing Wall Street’s forecasts. This financial performance aligns with the company’s strategy to expand its portfolio through acquisitions, such as IMG, On Location, and Professional Bull Riders (PBR). Analysts from Citi maintained a Buy rating with a $170 price target, while TD Cowen increased their target to $200, highlighting the robust trends across TKO’s properties. Jefferies also raised its price target to $220, maintaining a Buy rating, citing optimism around the Ultimate Fighting Championship’s (UFC) upcoming media rights deal.
Seaport Global Securities upgraded TKO Group from Neutral to Buy, setting a price target of $164, noting the risk/reward balance as favorable for investors. TKO Group’s recent corporate restructuring, including acquiring sports-related assets from its parent company, EDR, is expected to refocus investor attention on the business. Furthermore, TKO has announced a multi-year partnership with Sela to promote boxing globally, enhancing talent development and event delivery. These developments reflect TKO Group’s strategic initiatives to strengthen its market presence and financial growth.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.