Cathie Wood is Selling These 5 Stocks in 2023

2. Endeavor Group Holdings, Inc. (NYSE:EDR)

Number of Hedge Fund Holders: 52

Media and marketing company Endeavor Group Holdings, Inc. (NYSE:EDR) ranks 2nd in our list of the stocks sold by Cathie Wood earlier this year. Cathie Wood sold almost her entire stake in Endeavor Group Holdings, Inc. (NYSE:EDR) in the first quarter, selling 508,483 shares.

Earlier this month Endeavor Group Holdings, Inc. (NYSE:EDR) posted its first quarter results, which show that its GAAP EPS in the period came in at $0.03 missing estimates by $0.07. Revenue in the quarter jumped 8.8% year over year to $1.6 billion, surpassing estimates by $30 million. For 2023 Endeavor Group Holdings, Inc. (NYSE:EDR) expects its revenue to be between $5.665 billion and $5.815 billion, versus the consensus estimate of $5.90 billion.