Endeavor Group Holdings, Inc. (NYSE:EDR) Shares Sold by Maven Securities LTD

Maven Securities LTD reduced its stake in Endeavor Group Holdings, Inc. (NYSE:EDR) by 76.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,000 shares of the company’s stock after selling 63,900 shares during the period. Maven Securities LTD’s holdings in Endeavor Group were worth $571,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in EDR. Comerica Bank increased its holdings in Endeavor Group by 11.7% in the 1st quarter. Comerica Bank now owns 17,529 shares of the company’s stock valued at $451,000 after purchasing an additional 1,832 shares in the last quarter. DekaBank Deutsche Girozentrale acquired a new stake in shares of Endeavor Group during the first quarter valued at about $102,000. SG Americas Securities LLC acquired a new stake in shares of Endeavor Group during the second quarter valued at about $130,000. Mirador Capital Partners LP grew its stake in shares of Endeavor Group by 11.2% during the second quarter. Mirador Capital Partners LP now owns 24,610 shares of the company’s stock valued at $665,000 after acquiring an additional 2,485 shares in the last quarter. Finally, Palliser Capital UK Ltd acquired a new stake in shares of Endeavor Group during the second quarter valued at about $10,133,000. 71.37% of the stock is currently owned by institutional investors and hedge funds.

Endeavor Group Stock Performance

Shares of EDR stock opened at $30.29 on Thursday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.63 and a current ratio of 0.63. Endeavor Group Holdings, Inc. has a one year low of $22.64 and a one year high of $30.60. The company’s 50-day simple moving average is $29.25 and its 200-day simple moving average is $27.94. The stock has a market capitalization of $20.72 billion, a price-to-earnings ratio of -14.80 and a beta of 0.76.

Insider Transactions at Endeavor Group

In other news, CEO Ariel Emanuel sold 27,816 shares of the stock in a transaction dated Friday, September 20th. The shares were sold at an average price of $28.01, for a total transaction of $779,126.16. Following the transaction, the chief executive officer now owns 1,831,247 shares of the company’s stock, valued at approximately $51,293,228.47. This trade represents a 1.50 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last 90 days, insiders have sold 225,272 shares of company stock valued at $6,372,925. Insiders own 63.90% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on Endeavor Group in a research note on Sunday. They set a “hold” rating for the company. Nine investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, Endeavor Group presently has a consensus rating of “Hold” and an average price target of $27.86.

Endeavor Group 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.