Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. TKO Group Holdings Inc shares valued at $17,966,446 were purchased by Whitesell Patrick on Jan 17 ’25. At $143.06 per share, Whitesell Patrick acquired 125,589 shares. The insider’s holdings grew to 807,376 shares worth approximately $122.7 million following the completion of this transaction.
Also, Whitesell Patrick purchased 115,952 shares, netting a total of over 16,679,773 in proceeds. Following the buying of shares at $143.85 each, the insider now holds 1,031,804 shares.
Before that, Whitesell Patrick had added 108,476 shares to its account. In a trade valued at $15,635,121, the 10% Owner bought TKO Group Holdings Inc shares for $144.13 each. Upon closing the transaction, the insider’s holdings increased to 108,476 shares, worth approximately $139.18 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 5.60%. Over the course of the year, TKO Group Holdings Inc shares have jumped approximately 6.94%. Shares of the company reached a 52-week high of $153.89 on 01/23/25 and a 52-week low of $137.50 on 01/13/25. A 50-day SMA is recorded $138.33, while a 200-day SMA reached $118.12. Nevertheless, trading volume fell to 1.97 million shares from 0.68 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 147.72, which, if violated, would cause prices to drop to 143.46. In the upper region, resistance lies at 155.06. The next price resistance is at 158.14. RSI (Relative Strength Index) is 68.90 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.34, which suggests the price will increase in the coming days. Percent R is at 11.71%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
