Endeavor Group Holdings, Inc. (NYSE:EDR – Get Free Report) CEO Ariel Emanuel sold 149,280 shares of the company’s stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $28.10, for a total value of $4,194,768.00. Following the completion of the transaction, the chief executive officer now directly owns 1,831,247 shares of the company’s stock, valued at $51,458,040.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Ariel Emanuel also recently made the following trade(s):
- On Friday, September 20th, Ariel Emanuel sold 27,816 shares of Endeavor Group stock. The stock was sold at an average price of $28.01, for a total value of $779,126.16.
Endeavor Group Stock Performance
EDR traded up $0.34 during trading hours on Tuesday, hitting $28.25. The stock had a trading volume of 3,376,071 shares, compared to its average volume of 3,730,939. The stock has a market cap of $19.57 billion, a PE ratio of 51.36 and a beta of 0.77. Endeavor Group Holdings, Inc. has a 1 year low of $17.65 and a 1 year high of $28.28. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.26. The company’s fifty day simple moving average is $27.47 and its 200 day simple moving average is $26.82.
Endeavor Group Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Monday, September 16th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.85%. Endeavor Group’s payout ratio is 43.64%.
Analysts Set New Price Targets
Separately, StockNews.com initiated coverage on Endeavor Group in a research note on Friday. They set a “hold” rating on the stock. Nine analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, Endeavor Group has an average rating of “Hold” and a consensus price target of $27.86.
View Our Latest Analysis on Endeavor Group
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the stock. Longfellow Investment Management Co. LLC bought a new position in Endeavor Group in the 2nd quarter valued at $75,000. PNC Financial Services Group Inc. boosted its stake in Endeavor Group by 14.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,200 shares of the company’s stock valued at $76,000 after buying an additional 399 shares during the period. DekaBank Deutsche Girozentrale purchased a new position in Endeavor Group during the first quarter worth about $102,000. SG Americas Securities LLC bought a new position in Endeavor Group in the 2nd quarter worth about $130,000. Finally, Quest Partners LLC purchased a new stake in shares of Endeavor Group in the 4th quarter valued at about $177,000. Institutional investors own 71.37% of the company’s stock.
Endeavor Group Company Profile
Endeavor Group Holdings, Inc operates as a sports and entertainment company in the United States, the United Kingdom, and internationally. It operates through four segments: Owned Sports Properties; Events, Experiences & Rights; Representation; and Sports Data & Technology. The Owned Sports Properties segment operates a portfolio of sports properties, including Ultimate Fighting Championship, World Wrestling Entertainment, Inc, Professional Bull Rider, and Euroleague.
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