Chief Legal Officer of Tico Group Holdings sold $350,584 at Investing.com.

In a transaction recently reported to the Securities and Exchange Commission, Tico Group Holdings (NYSE: ) Chief Legal and Administrative Officer Seth D. Krause sold her stake in the company. On January 21, 2025, Krause sold 2,438 shares of Class A Common Stock at a weighted average price of $143.8 per share, for a total of $350,584. The sale price sits near TKO’s 52-week high of $149.40, with the stock showing impressive strength, up nearly 60% over the past year. Invest Pro Data. This sale was made under a Rule 10b5-1 plan, which is intended to allow insiders to pre-plan stock transactions and avoid insider trading allegations.

After this transaction, Krause will own 7,983 Tico Group Holdings shares, worth approximately $1.1 million based on market value. Prior to this, on January 20, 2025, he received 4,709 shares of restricted stock units (RSUs) issued as part of his compensation package. These RSUs were converted into Class A common stock without any exchange of cash. With TKO’s next earnings report scheduled for March 4, 2025, and analysts optimistic about the stock, investors can access detailed valuation metrics and 14 additional key insights. Invest Pro.

In other recent news, former CEO Vince McMahon World Wrestling Entertainment Inc., has settled charges with the Securities and Exchange Commission (SEC) for undisclosed deals. Undisclosed agreements resulted in material misstatements in WWE’s 2018 and 2021 financial statements. McMahon agreed to pay a $400,000 civil penalty and pay WWE $1,330,915.90 in restitution.

TKO Group Holdings is on focus, with Citi maintaining a buy rating on the company and upping their price target for the stock from $137.00 to $170.00. The company secured $2.25 billion in credit facilities and advanced its financial initiatives with $2.75 billion in credit terms. Additionally, TKO Group Holdings acquired Professional Bull Rider, On Location and IMG from Endeavor in an all-inclusive deal valued at $3.25 billion.

BofA Securities analyst Navon raised his price target on Tico Group Holdings from $140 to $165 and reaffirmed a buy rating on the company’s shares. However, the benchmark has downgraded TKO shares from Buy to Hold because of recent acquisitions that reduce growth and adjusted EBITDA margin. The company has agreed to a $375 million settlement in a consolidated class-action antitrust lawsuit. These are the latest developments for both WWE and TKO Group Holdings.

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