William K. Fullerton Sells 6,875 Shares of Endeavor Group Holdings, Inc. (NYSE:EDR) Stock

Endeavor Group Holdings, Inc. (NYSE:EDR) CAO William K. Fullerton sold 6,875 shares of Endeavor Group stock in a transaction on Monday, January 6th. The shares were sold at an average price of $31.17, for a total transaction of $214,293.75. Following the completion of the sale, the chief accounting officer now directly owns 53,255 shares of the company’s stock, valued at approximately $1,659,958.35. This trade represents a 11.43 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Endeavor Group Stock Down 0.2 %

NYSE EDR traded down $0.05 during trading hours on Monday, hitting $31.15. The company’s stock had a trading volume of 520,838 shares, compared to its average volume of 634,813. The company has a market capitalization of $21.31 billion, a PE ratio of -15.20 and a beta of 0.74. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.28. Endeavor Group Holdings, Inc. has a 52 week low of $22.77 and a 52 week high of $31.49. The company’s 50-day simple moving average is $30.19 and its two-hundred day simple moving average is $28.65.

Endeavor Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 16th were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Monday, December 16th. This represents a $0.24 annualized dividend and a dividend yield of 0.77%. Endeavor Group’s payout ratio is -11.71%.

Institutional Investors Weigh In On Endeavor Group

Several institutional investors have recently bought and sold shares of EDR. Tidal Investments LLC boosted its holdings in Endeavor Group by 7.9% during the 3rd quarter. Tidal Investments LLC now owns 8,498 shares of the company’s stock worth $243,000 after acquiring an additional 620 shares during the last quarter. Arizona State Retirement System boosted its holdings in Endeavor Group by 1.8% during the second quarter. Arizona State Retirement System now owns 50,444 shares of the company’s stock worth $1,364,000 after purchasing an additional 898 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Endeavor Group by 2.7% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 40,789 shares of the company’s stock worth $1,165,000 after purchasing an additional 1,066 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in Endeavor Group by 3.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 46,054 shares of the company’s stock worth $1,245,000 after purchasing an additional 1,346 shares in the last quarter. Finally, Mirador Capital Partners LP increased its stake in Endeavor Group by 6.7% in the 3rd quarter. Mirador Capital Partners LP now owns 26,265 shares of the company’s stock valued at $750,000 after buying an additional 1,655 shares during the last quarter. Institutional investors own 74.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Endeavor Group from a “hold” rating to a “sell” rating in a research report on Saturday. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $27.86.

Endeavor Group Company Profile

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.