Apollo Global Management Inc (NYSE: APO) is 18.93% higher on its value in year-to-date trading and has touched a low of $77.11 and a high of $126.45 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The APO stock was last observed hovering at around $105.98 in the last trading session, with the day’s gains setting it 4.85%.
Currently trading at $110.83, the stock is -2.44% and -4.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.83 million and changing 4.58% at the moment leaves the stock 4.49% off its SMA200. APO registered 37.64% gain for a year compared to 6-month gain of -1.55%.
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The stock witnessed a -8.54% loss in the last 1 month and extending the period to 3 months gives it a -3.89%, and is 7.40% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.01% over the week and 3.27% over the month.
Apollo Global Management Inc (APO) has around 2903 employees, a market worth around $87.77B and $26.98B in sales. Current P/E ratio is 11.90 and Fwd P/E is 12.74. Profit margin for the company is 20.63%. Distance from 52-week low is 43.73% and -12.35% from its 52-week high. The company has generated returns on investments over the last 12 months (22.19%).
Apollo Global Management Inc quarterly earnings per share for the current quarter are estimated at 1.78 with sales reaching $4.09B over the same period.The EPS is expected to grow by 5.94% this year, but quarterly earnings will post -51.60% year-over-year. Quarterly sales are estimated to grow 57.60% in year-over-year returns.
1247.0 institutions hold shares in Apollo Global Management Inc (APO), with institutional investors hold 84.93% of the company’s shares. The shares outstanding are 567.76M, and float is at 405.70M with Short Float at 4.99%. Institutions hold 62.03% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 40.69 million shares valued at $$4.58 billion. The investor’s holdings represent 6.9193 of the APO Shares outstanding. As of 2024-03-31, the second largest holder is CAPITAL WORLD INVESTORS with 31.7 million shares valued at $$3.56 billion to account for 5.3894 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 27.25 million shares representing 4.634 and valued at over $$3.06 billion, while FMR LLC holds 2.5525 of the shares totaling 15.01 million with a market value of $$1.69 billion.
Apollo Global Management Inc (APO) Insider Activity
The most recent transaction is an insider purchase by RICHARDS PAULINE, the company’s Director. SEC filings show that RICHARDS PAULINE bought 2,351 shares of the company’s common stock on Aug 06 ’24 at a price of $104.92 per share for a total of $0.25 million. Following the purchase, the insider now owns 85854.0 shares.
Apollo Global Management Inc disclosed in a document filed with the SEC on May 08 ’24 that Kelly Martin (Chief Financial Officer) sold a total of 30,000 shares of the company’s common stock. The trade occurred on May 08 ’24 and was made at $111.29 per share for $3.34 million. Following the transaction, the insider now directly holds 0.36 million shares of the APO stock.
Still, SEC filings show that on Mar 19 ’24, BLACK LEON D () disposed off 450,000 shares at an average price of $110.71 for $49.82 million. The insider now directly holds 42,604,773 shares of Apollo Global Management Inc (APO).
