Ariel Emanuel sells 149,280 shares of Endeavor Group Holdings, Inc. (NYSE:EDR)

Ariel Emanuel, CEO of Endeavor Group Holdings, Inc. (NYSE:EDR – Get Your Free Report ) sold 149,280 shares of Endeavor Group stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of $28.10, for a total transaction of $4,194,768.00. Following the sale, 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 legal filing with the SEC, which is accessible via this hyperlink.

Ariel Emanuel also recently made the following transactions:

• 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 trading up 1.2%

Shares of EDR traded up $0.34 during midday trading on Tuesday, hitting $28.25. The company 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 price-to-earnings ratio of 51.36 and a beta of 0.77. Endeavor Group Holdings, Inc. it has a 52-week low of $17.65 and a 52-week high of $28.28. The company has a current ratio of 0.62, a quick ratio of 0.62, and a debt-to-equity ratio of 0.26. The stock’s 50-day moving average price is $27.47 and its 200-day moving average price is $26.82.

Endeavor Group (NYSE:EDR – Get Your Free Report ) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.06). The firm had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.87 billion. Endeavor Group had a negative net margin of 6.23% and a positive return on equity of 4.45%. As a group, equities research analysts expect that Endeavor Group Holdings, Inc. to post 1.4 earnings per share for the current fiscal year.

Endeavor Group announces dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be issued a dividend of $0.06 per share. The ex-dividend date of this dividend is Monday, September 16. This represents a dividend of $0.24 on an annualized basis and a dividend yield of 0.85%. Endeavor Group’s dividend payout ratio is currently 43.64%.

The Wall Street analyst weighs in

Separately, StockNews.com assumed coverage on Endeavor Group in a research report on Friday. They issued a “hold” rating for the company. Nine research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $27.86, according to MarketBeat.

Read Endeavor Group’s latest research report

Institutional inputs and outputs

A number of hedge funds have recently bought and sold shares of EDR. Longfellow Investment Management Co. LLC bought a new stake in Endeavor Group in the second quarter valued at $75,000. PNC Financial Services Group Inc. boosted its stake in Endeavor Group by 14.2% in the 4th 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 last quarter. DekaBank Deutsche Girozentrale purchased a new position in shares of Endeavor Group in the first quarter valued at approximately $102,000. SG Americas Securities LLC bought a new position in Endeavor Group in the second quarter valued at about $130,000. Finally, Quest Partners LLC purchased a new stake in Endeavor Group in the fourth quarter valued at about $177,000. Hedge funds and other institutional investors own 71.37% of the company’s shares.

About the Endeavor Group

(Get a free report)

Endeavor Group Holdings, Inc operates as a sports and entertainment company in the United States, United Kingdom and internationally. It operates through four segments: Owned Sports Properties; Events, Experiences and Rights; Representation; and Sports Data and 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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