An Insider Sold 20,000 Shares Of Apollo Global Management Inc. (APO)

As of Friday close, Apollo Global Management Inc.’s (NYSE:APO) stock was down -$0.46, moving down -0.79 percent to $57.53. The average number of shares traded per day over the past five days has been 2,217,280 shares. 4 times new highs have been achieved over the past 5 days, with a $0.43 gain in that time frame. In the last twenty days, the average volume was 1,921,995, while in the previous 50 days, it was 2,947,536.

Since last month, APO stock rose 9.98%. Shares of the company fell to $47.75 on 07/14/22, the lowest level in the past month. A 52-week high of $81.07 was reached on 01/05/22 after having rallying from a 52-week low of $45.97. Since the beginning of this year, APO’s stock price has dropped by -20.57% or -$14.90, and marked a new high 3 times. However, the stock has declined by -29.04% since its 52-week high.

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Apollo Global Management Inc. (APO) last reported insider trading activity 66 days ago on Jun 01. Kelly Martin, the Chief Financial Officer of the company, disposed of 20,000 shares for $57.63 on Jun 01. It resulted in a $1,152,622 divestment by the insider. Kelly Martin sold 15,000 shares at an average price of $54.60 on May 25. The insider now owns 526,385 shares following the transaction. On May 23, Chief Financial Officer Kelly Martin sold 20,000 shares at $55.06 apiece. The transaction was valued at $1,101,132.

Valuation Metrics

Right now, Apollo Global Management Inc. (APO) has a P/E ratio of about 17.34. The stock’s beta is 1.66. Besides these, the trailing price-to-sales (P/S) ratio of 7.00, the price-to-book (PB) ratio of 3.07.

The latest dividend of $0.40 per share was paid out, remained unchanged from last year’s $0.40. On Friday February 11 2022, a $0.10 dividend decrease was announced.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 1.26, and the total debt-to-equity ratio was 1.26. In the year ended March 30, operating margins totaled -43.10%. Based on annual data, APO earned $4.11 billion in gross profit and brought in $5.95 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 7.30%. Return on equity (ROE) for the past 12 months was 5.80%.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected Apollo Global Management Inc. to report $1.03 quarterly earnings, the actual figure was $1.52 per share, beating the consensus estimate by 47.60%. During the quarter, the company generated $430.31 million in EBITDA. The liabilities of Apollo Global Management Inc. were 9.52 billion at the end of its most recent quarter ended March 30, and its total debt was $24.59 billion. The value of shareholders’ equity is $1000.0.

Technical Picture

This quick technical analysis looks at Apollo Global Management Inc.’s (APO) price momentum. With a historical volatility rate of 21.70%, the RSI 9-day stood at 68.16% on 05 August.

With respect to its five-day moving average, the current Apollo Global Management Inc. price is up by +0.75% percent or $0.43. At present, APO shares trade +11.58% above its 20-day simple moving average and -3.16% percent below its 100-day simple moving average. However, the stock is currently trading approximately +7.37% above its SMA50 and -21.39% below its SMA200.

Stochastic coefficient K was 86.64% and Stochastic coefficient D was 89.79%, while ATR was 1.98. Given the Stochastic reading of 79.90% for the 14-day period, the RSI (14) reading has been calculated as 63.47%. As of today, the MACD Oscillator reading stands at 1.11, while the 14-day reading stands at 2.01.

Analyst Ratings

Apollo Global Management Inc. downgraded its rating on Apollo Global Management Inc. (NYSE: APO) to an Equal-weight in a note to investors on July 19, 2022. The analysts firm previously had an Overweight rating on the stock.Apollo Global Management Inc. (APO) has been rated Overweight by analysts. According to 0 brokerage firms, APO is a sell, and 4 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate Apollo Global Management Inc. stock as buy, with 8 recommending it as overweight.

With a median target price of $69.00, the current consensus forecast for the stock is $51.00 – $91.00. Based on these forecasts, analysts predict Apollo Global Management Inc. (APO) will achieve an average price target of $68.73.


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