Apollo Global Management Inc (NYSE: APO) is 53.55% higher on its value in year-to-date trading and has touched a low of $77.11 and a high of $146.82 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 $146.29 in the last trading session, with the day’s loss setting it -3.2%.
Currently trading at $143.09, the stock is 2.93% and 14.98% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.34 million and changing -2.19% at the moment leaves the stock 24.60% off its SMA200. APO registered 75.79% gain for a year compared to 6-month gain of 27.51%. The firm has a 50-day simple moving average (SMA 50) of $124.444 and a 200-day simple moving average (SMA200) of $114.8371.
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The stock witnessed a 14.02% loss in the last 1 month and extending the period to 3 months gives it a 17.23%, and is -1.32% down 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 1.79% over the week and 2.10% over the month.
Apollo Global Management Inc (APO) has around 2903 employees, a market worth around $113.32B and $26.98B in sales. Current P/E ratio is 15.36 and Fwd P/E is 17.11. Profit margin for the company is 20.63%. Distance from 52-week low is 85.57% and -2.54% from its 52-week high. The company has generated returns on investments over the last 12 months (22.19%).
with sales reaching $4.13B over the same period.The EPS is expected to grow by 3.40% this year, but quarterly earnings will post -51.90% year-over-year. Quarterly sales are estimated to grow 59.20% in year-over-year returns.
Apollo Global Management Inc (APO) Top Institutional Holders
1254.0 institutions hold shares in Apollo Global Management Inc (APO), with institutional investors hold 84.58% of the company’s shares. The shares outstanding are 567.76M, and float is at 401.36M with Short Float at 5.46%. Institutions hold 62.24% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 41.25 million shares valued at $4.87 billion. The investor’s holdings represent 7.0137% of the APO Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL WORLD INVESTORS with 31.48 million shares valued at $3.72 billion to account for 5.3533 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 23.78 million shares representing 4.0438% and valued at over $2.81 billion, while FMR LLC holds 3.0685 of the shares totaling 18.05 million with a market value of $2.13 billion.
Apollo Global Management Inc (APO) Insider Activity
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Still, SEC filings show that on Oct 02 ’24, MJH Partners III LLC (Affiliate) Proposed Sale 500,000 shares at an average price of $132.01 for $66.0 million. The insider now directly holds shares of Apollo Global Management Inc (APO).
