Endeavor Group Holdings, Inc. (NYSE:), has made significant acquisitions of TKO Group Holdings, Inc. (NYSE:) Class A common stock. The timing is notable as TKO trades near its 52-week high of $149.40, having gained over 35% in the past six months. According to the latest SEC filings, Endeavor purchased shares totaling approximately $50.3 million over several transactions.
The purchases were executed through Endeavor Operating Company, LLC, as part of a pre-established trading plan. The transactions took place between January 17 and January 22, 2025, with prices ranging from $142.57 to $146.13 per share. As a result of these acquisitions, the shares owned by Endeavor Operating Company increased to 1,031,804. InvestingPro data shows TKO commands a market capitalization of $24.46 billion, with analysts maintaining a bullish outlook on the stock.
These transactions underscore Endeavor’s continued investment in TKO Group Holdings,…
