Endeavor Group Holdings, Inc. (NYSE:EDR) CFO Sells $552,464.64 in Stock

Endeavor Group Holdings, Inc. (NYSE:EDR) CFO Jason Lublin sold 20,832 shares of the business’s stock in a transaction that occurred on Tuesday, April 9th. The shares were sold at an average price of $26.52, for a total transaction of $552,464.64. Following the completion of the transaction, the chief financial officer now owns 130,187 shares of the company’s stock, valued at $3,452,559.24. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Jason Lublin also recently made the following trade(s):

• On Tuesday, March 12th, Jason Lublin sold 20,832 shares of Endeavor Group stock. The shares were sold at an average price of $24.71, for a total transaction of $514,758.72.
• On Thursday, February 22nd, Jason Lublin sold 46,419 shares of Endeavor Group stock. The shares were sold at an average price of $24.08, for a total transaction of $1,117,769.52.
• On Tuesday, January 23rd, Jason Lublin sold 20,832 shares of Endeavor Group stock. The shares were sold at an average price of $25.47, for a total transaction of $530,591.04.

Endeavor Group Trading Up 0.0 %

EDR opened at $26.41 on Friday. Endeavor Group Holdings, Inc. has a fifty-two week low of $17.65 and a fifty-two week high of $26.63. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.24 and a quick ratio of 1.24. The firm has a market capitalization of $18.29 billion, a price-to-earnings ratio of 25.39, a PEG ratio of 1.92 and a beta of 0.82. The company’s 50 day moving average price is $24.92 and its two-hundred day moving average price is $23.64.

Endeavor Group (NYSE:EDR) last posted its earnings results on Wednesday, February 28th. The company reported $0.07 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.07. Endeavor Group had a net margin of 5.98% and a return on equity of 1.05%. The firm had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.55 billion. As a group, research analysts predict that Endeavor Group Holdings, Inc. will post 1.27 earnings per share for the current year.

Endeavor Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date was Thursday, March 14th. Endeavor Group’s payout ratio is 23.08%.

Analyst Ratings Changes

EDR has been the subject of several analyst reports. Evercore ISI restated an “in-line” rating and issued a $27.50 target price (down from $28.00) on shares of Endeavor Group in a research report on Wednesday, April 3rd. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $27.50 price target (down from $30.00) on shares of Endeavor Group in a report on Friday, April 5th. TD Cowen lifted their price target on shares of Endeavor Group from $28.00 to $30.00 and gave the company an “outperform” rating in a report on Monday, March 25th. StockNews.com started coverage on shares of Endeavor Group in a report on Saturday. They set a “hold” rating on the stock. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $27.50 price target (down from $29.00) on shares of Endeavor Group in a report on Thursday, April 4th. Seven analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $29.85.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Advisory Services Network LLC lifted its position in shares of Endeavor Group by 134.2% in the 1st quarter. Advisory Services Network LLC now owns 1,150 shares of the company’s stock worth $28,000 after purchasing an additional 659 shares during the period. Lindbrook Capital LLC lifted its position in shares of Endeavor Group by 200.2% in the 4th quarter. Lindbrook Capital LLC now owns 1,540 shares of the company’s stock worth $37,000 after purchasing an additional 1,027 shares during the period. Atlas Capital Advisors LLC acquired a new position in shares of Endeavor Group in the 4th quarter worth approximately $52,000. ADAR1 Capital Management LLC acquired a new position in shares of Endeavor Group in the 4th quarter worth approximately $59,000. Finally, Ossiam acquired a new position in shares of Endeavor Group in the 1st quarter worth approximately $60,000. Institutional investors and hedge funds own 71.37% of the company’s stock.

About Endeavor Group

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.