William K. Fullerton Sells 2,225 Shares of Endeavor Group Holdings, Inc. (NYSE:EDR) Stock

Endeavor Group Holdings, Inc. (NYSE:EDR) CAO William K. Fullerton sold 2,225 shares of the firm’s stock in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of $30.58, for a total value of $68,040.50. Following the completion of the sale, the chief accounting officer now directly owns 53,124 shares of the company’s stock, valued at $1,624,531.92. This trade represents a 4.02 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Endeavor Group Stock Down 0.7 %

Shares of NYSE:EDR opened at $30.46 on Thursday. The business’s 50 day moving average is $30.33 and its 200 day moving average is $28.80. Endeavor Group Holdings, Inc. has a 12-month low of $22.77 and a 12-month high of $31.49. The stock has a market cap of $20.84 billion, a price-to-earnings ratio of -14.86 and a beta of 0.74. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.28.

Endeavor Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 16th were paid a $0.06 dividend. The ex-dividend date was Monday, December 16th. This represents a $0.24 annualized dividend and a dividend yield of 0.79%. Endeavor Group’s payout ratio is -11.71%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Endeavor Group from a “sell” rating to a “hold” rating in a research report on Monday. Nine analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $27.86.

Institutional Trading of Endeavor Group

Several institutional investors and hedge funds have recently made changes to their positions in the company. FNY Investment Advisers LLC purchased a new position in Endeavor Group during the fourth quarter worth about $96,000. FMR LLC lifted its position in shares of Endeavor Group by 67.6% during the 3rd quarter. FMR LLC now owns 5,575 shares of the company’s stock worth $159,000 after buying an additional 2,248 shares in the last quarter. Everence Capital Management Inc. purchased a new position in shares of Endeavor Group in the 4th quarter worth approximately $233,000. Tidal Investments LLC grew its holdings in shares of Endeavor Group by 7.9% in the third quarter. Tidal Investments LLC now owns 8,498 shares of the company’s stock valued at $243,000 after acquiring an additional 620 shares in the last quarter. Finally, ProShare Advisors LLC purchased a new stake in shares of Endeavor Group during the second quarter valued at approximately $255,000. Hedge funds and other institutional investors own 74.99% of the company’s stock.

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.