TKO Group Holdings Insider Lowered Holding By 26% During Last Year

From what we can see, insiders were net sellers in TKO Group Holdings, Inc.'s (NYSE:TKO ) during the past 12 months. That is, insiders sold the stock in greater numbers than they purchased it.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

See our latest analysis for TKO Group Holdings

The Last 12 Months Of Insider Transactions At TKO Group Holdings

In the last twelve months, the biggest single sale by an insider was when the insider, Vincent McMahon, sold US$412m worth of shares at a price of US$77.00 per share. So it's clear an insider wanted to take some cash off the table, even below the current price of US$138. As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. This single sale was just 26% of Vincent McMahon's stake. The only individual insider seller over the last year was Vincent McMahon.

Vincent McMahon ditched 8.85m shares over the year. The average price per share was US$81.75. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

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Insider Ownership Of TKO Group Holdings

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. TKO Group Holdings insiders own 5.0% of the company, currently worth about US$1.2b based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About TKO Group Holdings Insiders?

There haven't been any insider transactions in the last three months -- that doesn't mean much. It's great to see high levels of insider ownership, but looking back over the last year, we don't gain confidence from the TKO Group Holdings insiders selling. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.