Endeavor Group Holdings, Inc. (NYSE:EDR) CAO William K. Fullerton Sells 2,225 Shares of Stock

Endeavor Group Holdings, Inc. (NYSE:EDR) CAO William K. Fullerton sold 2,225 shares of the firm’s stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of $30.58, for a total transaction of $68,040.50. Following the completion of the transaction, the chief accounting officer now directly owns 53,124 shares of the company’s stock, valued at approximately $1,624,531.92. This represents a 4.02 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Endeavor Group Stock Up 1.0 %

NYSE:EDR opened at $30.66 on Wednesday. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.63 and a quick ratio of 0.63. The company’s fifty day moving average price is $30.33 and its 200-day moving average price is $28.80. Endeavor Group Holdings, Inc. has a 1-year low of $22.77 and a 1-year high of $31.49. The firm has a market capitalization of $20.98 billion, a P/E ratio of -14.96 and a beta of 0.74.

Endeavor Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 16th were given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 0.78%. The ex-dividend date of this dividend was Monday, December 16th. Endeavor Group’s dividend payout ratio is currently -11.71%.

Hedge Funds Weigh In On Endeavor Group

Several institutional investors and hedge funds have recently modified their holdings of the stock. FNY Investment Advisers LLC acquired a new stake in Endeavor Group during the fourth quarter worth about $96,000. Everence Capital Management Inc. purchased a new stake in Endeavor Group in the 4th quarter worth approximately $233,000. Tidal Investments LLC grew its stake in shares of Endeavor Group by 7.9% during the 3rd quarter. Tidal Investments LLC now owns 8,498 shares of the company’s stock worth $243,000 after purchasing an additional 620 shares during the period. Virtu Financial LLC purchased a new position in shares of Endeavor Group during the 3rd quarter valued at approximately $602,000. Finally, Geode Capital Management LLC increased its holdings in shares of Endeavor Group by 4.0% during the 3rd quarter. Geode Capital Management LLC now owns 2,077,887 shares of the company’s stock valued at $59,367,000 after purchasing an additional 79,212 shares in the last quarter. Institutional investors and hedge funds own 74.99% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded Endeavor Group from a “sell” rating to a “hold” rating in a research note on Monday. Nine investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $27.86.

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.