Ariel Emanuel sells 27,816 shares of Endeavor Group Holdings, Inc. (NYSE:EDR)

VaselineSeptember 25, 2024

0 3 minutes read

The CEO of Endeavor Group Holdings, Inc. (NYSE:EDR – Get Your Free Report ) CEO Ariel Emanuel sold 27,816 shares of the company’s stock in a transaction on Friday, September 20th. The shares were sold at an average price of $28.01, for a total transaction of $779,126.16. Following the transaction, the chief executive officer now owns 1,831,247 shares in the company, valued at $51,293,228.47. The transaction was disclosed in a legal filing with the SEC, which can be accessed via this link.

Ariel Emanuel also recently made the following transactions:

On Tuesday, September 24th, Ariel Emanuel sold 149,280 shares of Endeavor Group stock. The shares were sold at an average price of $28.10, for a total value of $4,194,768.00.

Endeavor Group stocks rose 1.2%

Shares of EDR traded up $0.34 on Tuesday, reaching $28.25. The company’s stock had a trading volume of 3,376,071 shares, compared to its average volume of 3,730,939. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.62, and a quick ratio of 0.62. Endeavor Group Holdings, Inc. it has a fifty-two week low of $17.65 and a fifty-two week high of $28.28. The company’s fifty day moving average price is $27.47 and its 200 day moving average price is $26.82. The stock has a market cap of $19.57 billion, a price-to-earnings ratio of 51.36 and a beta of 0.77.

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

Endeavor Group announces dividend

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

Changes in Analyst Ratings

Separately, StockNews.com started coverage on Endeavor Group in a research note on Friday. They set a “hold” rating on the company. Nine equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $27.86, according to MarketBeat.

See our latest EDR report

Institutional investors weigh in on Endeavor Group

Several institutional investors and hedge funds have recently modified their holdings of EDR. Quest Partners LLC purchased a new position in Endeavor Group in the 4th quarter valued at $177,000. Bank of Nova Scotia purchased a new position in Endeavor Group during the fourth quarter valued at $380,000. DLD Asset Management LP purchased a new position in Endeavor Group in the fourth quarter valued at $522,000. Kodai Capital Management LP purchased a new position in Endeavor Group in the fourth quarter valued at $24,037,000. Finally, Gabelli Funds LLC purchased a new position in Endeavor Group in the 4th quarter valued at $758,000. Institutional investors and hedge funds own 71.37% of the company’s shares.

Endeavor Group Company Profile

(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.