TKO Group Holdings Inc (TKO US, +1, 14-May-26)

The Chair & CEO, the President & COO, and the CFO purchased $4.5 million worth of stock at around $185 on May 13th. 

Ariel Emanuel (Chairman & Chief Executive Officer since Feb 2024, first joined 2023) acquired $2 million worth of stock. The purchase is noteworthy because it is direct, whereas his previous trades and the majority of his combined holdings of 6.1 million shares were indirect for Endeavor Group. His only prior direct purchase was a $1m subscription at $80 in November 2023. 

Other buyers include Mark Shapiro (President & COO since Sep 2023), who spent $2 million, and Andrew Schleimer (CFO since Sep 2023), who purchased $500,000 worth of stock in their first purchases. Both trades triggered short-swing violations, matchable against planned option sales in January at $202. 

They both paid the realized profit ($205,000 and $50,000, respectively) to the issuer. Whilst likely coordinated, it is notable that 3 key executives bought at this high price level shortly after the company reported its Q1 earnings on May 6th. 

We are ranking the stock +1 (strongly positive).

Subsequent note: Holdings of Endeavor/Silver Lake are no longer included in Ariel Emanuel’s holdings.

If you want the Stock of the Week with insider buying stocks information and analysis in your email, don’t forget to subscribe! Follow us on LinkedIn and Twitter