Apollo Global Management Inc (NYSE: APO) is -3.53% lower on its value in year-to-date trading and has touched a low of $94.19 and a high of $189.49 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The APO stock was last observed hovering at around $154.80 in the last trading session, with the day’s gains setting it 4.53%.
Currently trading at $159.33, the stock is -5.15% and -4.53% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.34 million and changing 2.93% at the moment leaves the stock 22.16% off its SMA200. APO registered 67.12% gain for a year compared to 6-month gain of 30.07%. The firm has a 50-day simple moving average (SMA 50) of $166.6126 and a 200-day simple moving average (SMA200) of $130.198.
The stock witnessed a -10.79% loss in the last 1 month and extending the period to 3 months gives it a 13.64%, and is -5.78% 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 3.12% over the week and 2.71% over the month.
Apollo Global Management Inc (APO) has around 2903 employees, a market worth around $90.15B and $32.13B in sales. Current P/E ratio is 16.77 and Fwd P/E is 18.78. Profit margin for the company is 17.71%. Distance from 52-week low is 69.16% and -15.92% from its 52-week high. The company has generated returns on investments over the last 12 months (20.56%).
with sales reaching $958.28M over the same period.The EPS is expected to grow by 5.29% this year, but quarterly earnings will post 15.53% year-over-year. Quarterly sales are estimated to grow 20.54% in year-over-year returns.
Apollo Global Management Inc (APO) Top Institutional Holders
1294.0 institutions hold shares in Apollo Global Management Inc (APO), with institutional investors hold 84.02% of the company’s shares. The shares outstanding are 565.82M, and float is at 399.70M with Short Float at 9.19%. Institutions hold 61.67% 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).
