Apollo Global Management Inc (NYSE: APO) is 83.53% higher on its value in year-to-date trading and has touched a low of $89.76 and a high of $189.49 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 $169.63 in the last trading session, with the day’s gains setting it 1.4%.
Currently trading at $171.03, the stock is -1.75% and 6.39% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 91.23 million and changing 0.83% at the moment leaves the stock 35.07% off its SMA200. APO registered 86.57% gain for a year compared to 6-month gain of 44.60%. The firm has a 50-day simple moving average (SMA 50) of $160.757 and a 200-day simple moving average (SMA200) of $126.62045.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 5.00% loss in the last 1 month and extending the period to 3 months gives it a 36.57%, and is -3.06% 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 3.75% over the week and 2.96% over the month.
Apollo Global Management Inc (APO) has around 2903 employees, a market worth around $97.57B and $32.13B in sales. Current P/E ratio is 18.00 and Fwd P/E is 20.08. Profit margin for the company is 17.71%. Distance from 52-week low is 90.54% and -9.74% from its 52-week high. The company has generated returns on investments over the last 12 months (20.56%).
with sales reaching $954.98M over the same period.The EPS is expected to grow by 5.40% this year, but quarterly earnings will post 15.39% year-over-year. Quarterly sales are estimated to grow 20.12% in year-over-year returns.
Apollo Global Management Inc (APO) Top Institutional Holders
1282.0 institutions hold shares in Apollo Global Management Inc (APO), with institutional investors hold 83.87% of the company’s shares. The shares outstanding are 565.82M, and float is at 399.70M with Short Float at 6.81%. Institutions hold 61.56% 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
The most recent transaction is an insider sale by Zelter James C, the company’s Co-President (). SEC filings show that Zelter James C sold 500,000 shares of the company’s common stock on Dec 09 ’24 at a price of $173.90 per share for a total of $86.95 million. Following the sale, the insider now owns 0.16 million shares.
Apollo Global Management Inc disclosed in a document filed with the SEC on Dec 10 ’24 that Kelly Martin (Chief Financial Officer) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Dec 10 ’24 and was made at $173.66 per share for $1.74 million. Following the transaction, the insider now directly holds 0.31 million shares of the APO stock.
Still, SEC filings show that on Dec 10 ’24, Tanguy Louis-Jacques (Chief Acct. Off. & Controller) disposed off 2,500 shares at an average price of $176.50 for $0.44 million. The insider now directly holds 23,103 shares of Apollo Global Management Inc (APO).
