Insider Trading January 29, 2026

TKO Group Executive Sells $455,801 in Class A Shares; Firm Updates and Market Moves Detailed

Chief Administrative Officer Seth D. Krauss executed a Rule 10b5-1 plan sale as analysts adjust targets and related industry developments surface

By Hana Yamamoto TKO
TKO Group Executive Sells $455,801 in Class A Shares; Firm Updates and Market Moves Detailed
TKO

Seth D. Krauss, Chief Administrative Officer and Senior Counsel to the Board and Senior Management at TKO Group Holdings, sold 2,271 shares of Class A common stock on January 27, 2026, in four transactions totaling $455,801. The disposition was reported on a Form 4 and carried out under a Rule 10b5-1 trading plan adopted on September 16, 2025. Separately, BTIG adjusted its price target for TKO and reiterated ratings and targets in follow-up meetings; the article also notes analyst activity on Live Nation and a financing update from Tikehau Capital.

Key Points

  • Seth D. Krauss sold 2,271 shares of TKO Group Class A common stock on January 27, 2026, in four transactions totaling $455,801.
  • The disposition was executed under a Rule 10b5-1 trading plan adopted on September 16, 2025; after the sales Krauss directly owns zero shares.
  • Analyst activity and corporate updates noted: BTIG raised a TKO price target to $250 from $235 while maintaining a Buy rating, reiterated Buy and a $235 target after meetings with management, Live Nation received an Outperform from Bernstein SocGen Group, and Tikehau Capital upsized a 81.15 billion revolver that was oversubscribed.

Seth D. Krauss, who serves as Chief Administrative Officer and Senior Counsel to the Board of Directors and Senior Management at TKO Group Holdings, Inc. (NASDAQ:TKO), reported the sale of Class A common stock on January 27, 2026, according to a Form 4 filing with the Securities and Exchange Commission.

The filing shows Krauss sold a total of 2,271 shares across four separate transactions. The trade prices spanned from $199.66 to $202.83 per share, producing a combined transaction value of $455,801.

The breakdown of the sale is recorded as follows: 871 shares disposed at a weighted average price of $199.66; 800 shares at $200.80; 400 shares at $201.73; and 200 shares at $202.83. Following these transactions, the filing indicates Krauss holds zero directly owned shares of TKO Group Holdings.

The report notes the sales were executed pursuant to a Rule 10b5-1 trading plan that the reporting person adopted on September 16, 2025.


Analyst moves and related developments

In other company-specific coverage, BTIG raised its price target for TKO Group to $250 from $235 while maintaining a Buy rating. BTIG cited the companys strong 2025 performance, including material media rights agreements for UFC and WWE, growth in partnerships and sponsorship revenue, and the completion of the IMG acquisition as factors behind the adjustment.

The reporting also records that BTIG reiterated its Buy rating and a $235 price target after meetings with TKO management. In those meetings, management conveyed optimism about overperforming 2025 expectations and emphasized execution priorities for 2026. The firm said TKO aims to lift sponsorship and partnerships revenue to $1.2 billion by 2030.

Separately, Bernstein SocGen Group reiterated an Outperform rating on Live Nation Entertainment with a price target of $185, noting that Live Nations touring pipeline was filling quickly even in the face of scheduling challenges tied to the World Cup.

Finally, Tikehau Capital announced it had upsized its Revolving Credit Facility to 81.15 billion, above an initial target of 81 billion. The facility is structured for a five-year term with possible extensions and was oversubscribed, with participation from 15 banks across multiple regions.


What this filing shows

The Form 4 provides a clear record of an insider sale carried out under a standing trading plan, the specific lot sizes and prices for the transactions, and the resulting zero direct ownership position for the reporting officer. The filing also anchors a series of contemporaneous analyst and market developments involving TKO and related industry participants.

Risks

  • Execution risk tied to managements focus on meeting or exceeding 2025 expectations and executing priorities in 2026 - impacts investor confidence in media and live events sectors.
  • Uncertainty about achieving the stated goal of growing sponsorship and partnerships revenue to $1.2 billion by 2030 - relevant to sponsorship, advertising, and sports media revenue streams.
  • Event scheduling and demand risks for live entertainment, as noted by the effect of the World Cup on touring pipelines - affects the live events and concert promotion sector.

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