Quantbot Technologies LP Purchases New Stake in Endeavor Group Holdings, Inc. (NYSE:EDR)

Quantbot Technologies LP bought a new stake in Endeavor Group Holdings, Inc. (NYSE:EDR) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 55,702 shares of the company’s stock, valued at approximately $1,591,000.

Several other large investors have also bought and sold shares of the business. Arizona State Retirement System grew its stake in shares of Endeavor Group by 1.8% during the second quarter. Arizona State Retirement System now owns 50,444 shares of the company’s stock worth $1,364,000 after buying an additional 898 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Endeavor Group by 3.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 46,054 shares of the company’s stock valued at $1,245,000 after acquiring an additional 1,346 shares in the last quarter. Mirador Capital Partners LP grew its position in Endeavor Group by 6.7% during the 3rd quarter. Mirador Capital Partners LP now owns 26,265 shares of the company’s stock worth $750,000 after acquiring an additional 1,655 shares during the last quarter. Comerica Bank increased its holdings in Endeavor Group by 11.7% in the 1st quarter. Comerica Bank now owns 17,529 shares of the company’s stock worth $451,000 after purchasing an additional 1,832 shares in the last quarter. Finally, Longfellow Investment Management Co. LLC bought a new position in Endeavor Group in the second quarter valued at about $75,000. 71.37% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Endeavor Group

In related news, CEO Ariel Emanuel sold 27,816 shares of Endeavor Group stock in a transaction on Friday, September 20th. The shares were sold at an average price of $28.01, for a total transaction of $779,126.16. Following the completion of the transaction, the chief executive officer now owns 1,831,247 shares of the company’s stock, valued at $51,293,228.47. This trade represents a 1.50 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In the last 90 days, insiders have sold 225,272 shares of company stock worth $6,372,925. Company insiders own 63.90% of the company’s stock.

Endeavor Group Price Performance

Endeavor Group stock opened at $30.37 on Friday. The firm has a market cap of $20.78 billion, a P/E ratio of -14.81 and a beta of 0.77. The stock’s 50 day moving average is $29.11 and its 200 day moving average is $27.85. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.63 and a quick ratio of 0.63. Endeavor Group Holdings, Inc. has a one year low of $22.64 and a one year high of $30.57.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on Endeavor Group in a research note on Saturday, November 23rd. They issued a “hold” rating for the company. Nine equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $27.86.

Endeavor Group Company Profile

Endeavor Group Holdings, Inc operates as a sports and entertainment company in the United States, the United Kingdom, and internationally. It operates through four segments: Owned Sports Properties; Events, Experiences & Rights; Representation; and Sports Data & Technology. The Owned Sports Properties segment operates a portfolio of sports properties, including Ultimate Fighting Championship, World Wrestling Entertainment, Inc, Professional Bull Rider, and Euroleague.