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In a recent series of transactions, affiliates of Silver Lake, a global technology investment firm, acquired a significant amount of TKO Group Holdings, Inc. (NYSE:TKO) stock. The transactions, which took place on February 10, 11, and 12, 2025, involved the purchase of Class A Common Stock with a total value of approximately $68.1 million. The timing is notable as TKO’s stock has shown remarkable strength, delivering a 102% return over the past year and currently trading near its 52-week high of $178.13.
The shares were purchased at prices ranging from $167.14 to $177.60 per share. These acquisitions were executed under a Rule 10b5-1 trading plan adopted by Endeavor Operating Company, LLC, an entity related to Silver Lake, in December 2024. The plan is set to expire by March 31, 2025. With a market capitalization of $30.2 billion, TKO maintains a healthy current ratio of 1.17, indicating strong liquidity.According to InvestingPro, there are 16 additional key insights available about TKO’s financial health and market position that could help investors make informed decisions.
The purchases were made by entities associated with Silver Lake, including Silver Lake West HoldCo, L.P., Silver Lake West HoldCo II, L.P., and Silver Lake West VoteCo, L.L.C. Egon Durban, a managing member of Silver Lake West VoteCo, L.L.C., is noted as a director of TKO Group Holdings.
These transactions have increased the total shares owned by Endeavor Operating Company, LLC, a subsidiary of Endeavor Group Holdings, Inc., to 2,579,437 shares. The entities involved in these transactions are reported to have a significant influence over Endeavor Group Holdings, further consolidating their position within TKO Group Holdings. Investors should note that TKO is scheduled to report its next earnings on February 26, 2025, with analysts expecting improved profitability this year.
In other recent news, TKO Group Holdings has been the focus of several analyst updates. Goldman Sachs analyst Stephen Laszczyk raised the company’s price target to $165, maintaining a Buy rating. The firm’s revised outlook anticipates robust fourth-quarter results for 2024, particularly in its Live Events & Sponsorship segments. Goldman Sachs forecasts revenue to reach approximately $621 million. Guggenheim also maintained a Buy rating on TKO Group, increasing its price target to $170. The firm’s analyst, Curry Baker, cited an updated model that boosts the company’s adjusted EBITDA forecast for 2025 and 2026. Additionally, Citi maintained its Buy rating on TKO Group, increasing the stock’s price target from $137 to $170, influenced by the steady outlook for World Wrestling Entertainment and an updated forecast for the Ultimate Fighting Championship rights.
In other developments, the Ultimate Fighting Championship (UFC) has renewed its global partnership with Thorne, a leader in health and wellness solutions. The partnership has been credited with a significant reduction in contaminated supplement cases, enhancing the integrity of the UFC’s anti-doping efforts. Thorne’s branding will also be integrated into UFC assets, reaching over 700 million fans in 170 countries.
Lastly, Vince McMahon, the former Executive Chairman and CEO of World Wrestling Entertainment Inc., has settled charges with the Securities and Exchange Commission for signing undisclosed agreements. McMahon has agreed to cease-and-desist from violating those provisions, pay a $400,000 civil penalty, and reimburse WWE $1,330,915.90 under Section 304(a) of the Sarbanes-Oxley Act.
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