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HomeMarketResultsInvestors Buy High Volume of Endeavor Group Call Options (NYSE:EDR)

Investors Buy High Volume of Endeavor Group Call Options (NYSE:EDR)


Endeavor Group Holdings, Inc. (NYSE:EDRGet Rating) noticed some uncommon choices buying and selling on Friday. Inventory merchants acquired 30,074 name choices on the corporate. This is a rise of roughly 4,118% in comparison with the standard quantity of 713 name choices.

Insider Exercise at Endeavor Group

In associated information, CFO Jason Lublin offered 46,510 shares of the inventory in a transaction dated Tuesday, November fifteenth. The shares had been offered at a mean worth of twenty-two.23, for a complete worth of 1,033,917.30. The transaction was disclosed in a submitting with the Securities & Change Fee, which is offered by way of this hyperlink. In associated information, CAO William Ok. Fullerton offered 13,853 shares of the corporate’s inventory in a transaction on Tuesday, January third. The inventory was offered at a mean worth of 21.62, for a complete transaction of 299,501.86. Following the completion of the sale, the chief accounting officer now owns 67,535 shares within the firm, valued at 1,460,106.70. The transaction was disclosed in a doc filed with the SEC, which will be accessed by way of this hyperlink. Additionally, CFO Jason Lublin offered 46,510 shares of the inventory in a transaction that occurred on Tuesday, November fifteenth. The inventory was offered at a mean worth of twenty-two.23, for a complete transaction of 1,033,917.30. The disclosure for this sale will be discovered here. Insiders offered 610,820 shares of firm inventory price $13,470,819 within the final ninety days. 84.67% of the inventory is owned by firm insiders.

Institutional Traders Weigh In On Endeavor Group

Various institutional traders have just lately made adjustments to their positions in EDR. Worth T Rowe Associates Inc. MD acquired a brand new place in Endeavor Group in the course of the third quarter price about $56,160,000. Millennium Administration LLC elevated its place in shares of Endeavor Group by 72.2% in the course of the second quarter. Millennium Administration LLC now owns 6,519,552 shares of the corporate’s inventory price $134,042,000 after buying an extra 2,734,126 shares in the course of the interval. Vanguard Group Inc. elevated its place in shares of Endeavor Group by 29.4% in the course of the third quarter. Vanguard Group Inc. now owns 12,006,491 shares of the corporate’s inventory price $243,251,000 after buying an extra 2,726,059 shares in the course of the interval. BlackRock Inc. raised its place in Endeavor Group by 1,060.4% within the third quarter. BlackRock Inc. now owns 2,631,819 shares of the corporate’s inventory valued at $53,321,000 after buying an extra 2,405,024 shares within the final quarter. Lastly, TPG GP A LLC bought a brand new stake in shares of Endeavor Group in the course of the third quarter price $14,828,000. 36.31% of the inventory is presently owned by institutional traders and hedge funds.

Endeavor Group Buying and selling Down 3.0 %

Shares of EDR traded down 0.65 throughout mid-day buying and selling on Friday, reaching 21.25. The inventory had a buying and selling quantity of 137,948 shares, in comparison with its common quantity of 1,810,254. Endeavor Group has a 52-week low of 17.42 and a 52-week excessive of 34.06. The agency has a market cap of $14.93 billion, a price-to-earnings ratio of 19.21, a P/E/G ratio of 0.43 and a beta of 0.92. The enterprise’s fifty day shifting common is 21.42 and its 200 day shifting common is 21.89. The corporate has a debt-to-equity ratio of 1.68, a present ratio of 1.14 and a fast ratio of 1.14.

Endeavor Group (NYSE:EDRGet Rating) final posted its quarterly earnings outcomes on Thursday, November tenth. The corporate reported 0.38 earnings per share for the quarter, beating the consensus estimate of 0.34 by 0.04. Endeavor Group had a internet margin of 5.73% and a return on fairness of 14.26%. The enterprise had income of 1.22 billion in the course of the quarter, in comparison with analysts’ expectations of 1.24 billion. On common, sell-side analysts predict that Endeavor Group will submit 0.53 EPS for the present fiscal yr.

Analyst Upgrades and Downgrades

Various equities analysts have commented on EDR shares. Credit score Suisse Group dropped their worth goal on shares of Endeavor Group from $33.00 to $30.00 and set an “outperform” score for the corporate in a analysis be aware on Friday, October 14th. StockNews.com upgraded Endeavor Group from a “maintain” score to a “purchase” score in a report on Saturday, November nineteenth. Ten equities analysis analysts have rated the inventory with a purchase score, In accordance with MarketBeat, the inventory has a mean score of “Purchase” and a mean goal worth of 30.70.

Endeavor Group Firm Profile

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Endeavor Group Holdings, Inc operates as an leisure, sports activities, and content material firm in america, the UK, and internationally. It operates in three segments: Owned Sports activities Properties, Occasions, Experiences & Rights, and Illustration. The Owned Sports activities Properties section operates a portfolio of sports activities properties, together with Final Preventing Championship, Skilled Bull Rider, Euroleague, and Diamond Baseball Holdings, that license broadcast and different mental property rights and function unique dwell occasions.

Additional Studying

This instantaneous information alert was generated by narrative science expertise and monetary information from MarketBeat so as to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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