Patrick Whitesell Acquires 94,161 Shares of Endeavor Group Holdings, Inc. (NYSE:EDR) Stock

Posted by Emily Schoerning on Feb 7th, 2025

Endeavor Group Holdings, Inc. (NYSE:EDR – Get Free Report) major shareholder Patrick Whitesell purchased 94,161 shares of the firm’s stock in a transaction dated Monday, February 3rd. The stock was purchased at an average cost of $157.79 per share, with a total value of $14,857,664.19. Following the acquisition, the insider now directly owns 1,780,529 shares in the company, valued at $280,949,670.91. This trade represents a 5.58 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Patrick Whitesell also recently made the following trade(s):

On Friday, January 31st, Patrick Whitesell bought 80,758 shares of Endeavor Group stock. The shares were acquired at an average price of $156.79 per share, for a total transaction of $12,662,046.82.
On Wednesday, January 29th, Patrick Whitesell purchased 99,996 shares of Endeavor Group stock. The stock was acquired at an average price of $156.60 per share, with a total value of $15,659,373.60.
On Monday, January 27th, Patrick Whitesell acquired 89,234 shares of Endeavor Group stock. The stock was acquired at an average price of $153.18 per share, with a total value of $13,668,864.12.
On Thursday, January 23rd, Patrick Whitesell bought 120,958 shares of Endeavor Group stock. The shares were bought at an average price of $150.92 per share, for a total transaction of $18,254,981.36.
On Friday, January 17th, Patrick Whitesell acquired 125,589 shares of Endeavor Group stock. The shares were bought at an average cost of $143.06 per share, with a total value of $17,966,762.34.
On Tuesday, January 21st, Patrick Whitesell acquired 108,476 shares of Endeavor Group stock. The stock was bought at an average cost of $144.13 per share, for a total transaction of $15,634,645.88.
On Monday, December 16th, Patrick Whitesell bought 263,200 shares of Endeavor Group stock. The stock was purchased at an average cost of $146.97 per share, for a total transaction of $38,682,504.00.
On Thursday, December 12th, Patrick Whitesell purchased 60,208 shares of Endeavor Group stock. The shares were acquired at an average cost of $143.73 per share, with a total value of $8,653,695.84.

Endeavor Group Price Performance

Shares of EDR opened at $31.32 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.28. The company’s fifty day simple moving average is $30.81 and its 200 day simple moving average is $29.19. Endeavor Group Holdings, Inc. has a 1-year low of $23.14 and a 1-year high of $32.67. The company has a market cap of $21.42 billion, a price-to-earnings ratio of -15.28 and a beta of 0.74.

Endeavor Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 16th were paid a dividend of $0.06 per share. The ex-dividend date was Monday, December 16th. This represents a $0.24 annualized dividend and a dividend yield of 0.77%. Endeavor Group’s dividend payout ratio is presently -11.71%.

Institutional Investors Weigh In On Endeavor Group

Hedge funds have recently bought and sold shares of the company. Athos Capital Ltd raised its stake in Endeavor Group by 135.9% in the third quarter. Athos Capital Ltd now owns 7,719,200 shares of the company’s stock valued at $220,460,000 after buying an additional 4,447,000 shares during the period. LMR Partners LLP raised its stake in Endeavor Group by 41.6% in the 3rd quarter. LMR Partners LLP now owns 4,393,759 shares of the company’s stock valued at $125,486,000 after acquiring an additional 1,290,867 shares during the period. Geode Capital Management LLC lifted its holdings in 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 during the last quarter. Polar Asset Management Partners Inc. lifted its holdings in Endeavor Group by 300.0% during the 3rd quarter. Polar Asset Management Partners Inc. now owns 2,000,000 shares of the company’s stock valued at $57,120,000 after purchasing an additional 1,500,000 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in Endeavor Group by 3.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,836,023 shares of the company’s stock worth $57,449,000 after purchasing an additional 57,154 shares during the period. 74.99% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Endeavor Group from a “sell” rating to a “hold” rating in a report on Monday, January 13th. Nine investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, Endeavor Group currently has an average rating of “Hold” and a consensus target price of $27.86.

Check Out Our Latest Stock Report on Endeavor Group

Endeavor Group Company Profile

(Get Free Report)

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.