Endeavor Group (NYSE:EDR – Get Free Report) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday.
Several other equities analysts have also commented on the company. Credit Suisse Group upped their price target on Endeavor Group from $30.00 to $33.00 and gave the company an “outperform” rating in a research note on Monday, April 17th. Deutsche Bank Aktiengesellschaft increased their price target on Endeavor Group from $33.00 to $35.00 in a research report on Wednesday, August 9th. Guggenheim initiated coverage on Endeavor Group in a research note on Monday, May 1st. They set a “buy” rating and a $33.00 price target on the stock. Morgan Stanley decreased their price objective on Endeavor Group from $32.00 to $30.00 and set an “overweight” rating for the company in a research report on Tuesday, July 18th. Finally, Piper Sandler increased their price objective on Endeavor Group from $30.00 to $33.00 in a research report on Wednesday, May 10th. Five research analysts have rated the stock with a buy rating, According to MarketBeat, Endeavor Group has an average rating of “Buy” and a consensus price target of $32.80.
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Endeavor Group Price Performance
Insider Transactions at Endeavor Group
In other Endeavor Group news, CEO Ariel Emanuel sold 154,495 shares of the firm’s stock in a transaction dated Monday, June 12th. The stock was sold at an average price of $22.28, for a total transaction of $3,442,148.60. Following the transaction, the chief executive officer now directly owns 204,450 shares in the company, valued at $4,555,146. The transaction was disclosed in a filing with the SEC, which is available through this link. 82.08% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the company. Quilter Plc acquired a new position in shares of Endeavor Group in the 1st quarter valued at $421,032,000. Citigroup Inc. raised its holdings in Endeavor Group by 14.6% in the 4th quarter. Citigroup Inc. now owns 3,878 shares of the company’s stock valued at $87,000 after acquiring an additional 493 shares during the period. Steph & Co. raised its holdings in Endeavor Group by 6.0% in the 2nd quarter. Steph & Co. now owns 11,497 shares of the company’s stock valued at $275,000 after acquiring an additional 648 shares during the period. Advisory Services Network LLC raised its holdings in Endeavor Group by 134.2% in the 1st quarter. Advisory Services Network LLC now owns 1,150 shares of the company’s stock valued at $28,000 after acquiring an additional 659 shares during the period. Finally, Legal & General Group Plc grew its position in shares of Endeavor Group by 3.8% during the 4th quarter. Legal & General Group Plc now owns 22,649 shares of the company’s stock worth $511,000 after purchasing an additional 834 shares in the last quarter. Institutional investors own 37.62% of the company’s stock.
About Endeavor Group
Endeavor Group Holdings, Inc operates as an entertainment, sports, and content company in the United States, the United Kingdom, and internationally. It operates in three segments: Owned Sports Properties, Events, Experiences & Rights, and Representation. The Owned Sports Properties segment operates a portfolio of sports properties, including Ultimate Fighting Championship, Professional Bull Rider, Euroleague, and Diamond Baseball Holdings, that license broadcast and other intellectual property rights and operate exclusive live events.
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