The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. TKO Group Holdings Inc shares valued at $769,173 were sold by Schleimer Andrew M on Jan 03 ’25. At $141.94 per share, Schleimer Andrew M sold 5,419 shares. The insider’s holdings dropped to 6,995 shares worth approximately $1.0 million following the completion of this transaction.
Also, SHAPIRO MARK S sold 31,666 shares, netting a total of over 4,494,672 in proceeds. Following the sale of shares at $141.94 each, the insider now holds 73,677 shares.
Before that, Kapral Shane had sold 1,034 shares from its account. In a trade valued at $146,766, the Chief Accounting Officer traded TKO Group Holdings Inc shares for $141.94 each. Upon closing the transaction, the insider’s holdings decreased to 1,034 shares, worth approximately $0.32 million.
As published in a research note from Pivotal Research Group on November 26, 2024, TKO Group Holdings Inc [TKO] has been retained to a Buy and the price target has been revised to $165. Analysts at Pivotal Research Group resumed the stock at ‘”a Buy”‘ outlook in a report released in early November. As of October 24, 2024, The Benchmark Company has decreased its “Buy” rating to a “Hold” for TKO. Earlier on September 13, 2024, Pivotal Research Group initiated its rating. Their recommendation was “a Buy” for TKO stock.
Analyzing TKO Stock Performance
During the last five days, there has been a surge of approximately 0.16%. Over the course of the year, TKO Group Holdings Inc shares have jumped approximately 0.16%. Shares of the company reached a 52-week high of $147.45 on 01/07/25 and a 52-week low of $139.62 on 01/08/25. A 50-day SMA is recorded $133.66, while a 200-day SMA reached $115.65. Nevertheless, trading volume fell to 0.98 million shares from 0.91 million shares the previous day.
Support And Resistance Levels for TKO Group Holdings Inc (TKO)
According to the 24-hour chart, there is a support level at 139.14, which, if violated, would cause prices to drop to 135.93. In the upper region, resistance lies at 146.03. The next price resistance is at 149.71. RSI (Relative Strength Index) is 55.28 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.02, which suggests the price will decrease in the coming days. Percent R is at 68.93%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
