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 $15,658,999 were purchased by Silver Lake West HoldCo, L.P. on Jan 29 ’25. At $156.60 per share, Silver Lake West HoldCo, L.P. acquired 99,996 shares. The insider’s holdings grew to 1,539,589 shares worth approximately $242.44 million following the completion of this transaction.
Also, Silver Lake West HoldCo, L.P. purchased 92,559 shares, netting a total of over 14,595,324 in proceeds. Following the buying of shares at $157.69 each, the insider now holds 1,439,593 shares.
Before that, Silver Lake West HoldCo, L.P. had added 66,021 shares to its account. In a trade valued at $10,456,876, the 10% Owner bought TKO Group Holdings Inc shares for $158.39 each. Upon closing the transaction, the insider’s holdings increased to 66,021 shares, worth approximately $252.84 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 3.62%. Over the course of the year, TKO Group Holdings Inc shares have jumped approximately 10.81%. Shares of the company reached a 52-week high of $159.72 on 01/30/25 and a 52-week low of $137.50 on 01/13/25. A 50-day SMA is recorded $142.09, while a 200-day SMA reached $119.58. Nevertheless, trading volume fell to 0.5 million shares from 0.74 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 156.35, which, if violated, would cause prices to drop to 155.24. In the upper region, resistance lies at 159.15. The next price resistance is at 160.84. RSI (Relative Strength Index) is 72.24 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 9.58, which suggests the price will increase in the coming days. Percent R is at 10.13%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
