Check Out Insider Trades For Apollo Global Management Inc. (APO) Stock

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Apollo Global Management Inc. (NYSE:APO) saw a downside of -1.66% to close Tuesday at $67.70 after subtracting -$1.14 on the day. The 5-day average trading volume is 2,278,800 shares of the company’s common stock. It has gained $69.62 in the past week and touched a new high 2 times within the past 5 days. An average of 1,814,790 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,219,906.

APO’s 1-month performance is 4.90% or $3.45 on its low of $62.17 reached on 01/03/23. The company’s shares have touched a 52-week low of $45.62 and high of $71.72, with the stock’s rally to the 52-week high happening on 01/17/23. YTD, APO has achieved 6.13% or $3.91 and has reached a new high 7 times. However, the current price is down -5.61% from the 52-week high price.

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Insider Transactions

APO stock investors last saw insider trading activity on Nov 15.Kelly Martin (Chief Financial Officer) most recently sold 20,000 shares at $64.88 per share on Nov 15. This transaction cost the insider $1,297,616. Chief Financial Officer, Kelly Martin, sold 20,000 shares at a price of $60.86 on Aug 12. Then, on Jun 01, Chief Financial Officer Kelly Martin sold 20,000 shares at a price of $57.63 per share. This transaction amounted to $1,152,622.

Valuation Metrics

APO stock has a beta of 1.73. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 5.19.

The firm’s gross profit as reported stood at $4.11 billion against revenue of $5.95 billion.

Earnings Surprise

For the quarterly period ending September 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 100.0% to -$876.0 million, while revenue of $0.0 was 100.0% off the previous quarter. Analysts expected APO to announce $1.23 per share in earnings in its latest quarter, but it posted $1.33, representing a 8.10% surprise. EBITDA for the quarter stood at more than $162.46 million. APO stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 9.17 billion, with total debt at $18.69 billion. Shareholders hold equity totaling $1000.0.

Let’s look briefly at Apollo Global Management Inc. (APO) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 55.37% to suggest the stock is trending Neutral, with historical volatility in this time period at 32.18%.

The stock’s 5-day moving average is $67.48, reflecting a -2.01% or -$1.39 change from its current price. APO is currently trading +6.16% above its 20-day SMA, +23.20% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +10.97% and SMA200 by+14.69%.

Stochastic %K and %D was 72.55% and 66.33% and the average true range (ATR) pointed at 1.91. The RSI (14) points at 55.98%, while the 14-day stochastic is at 69.13% with the period’s ATR at 1.90. The stock’s 9-day MACD Oscillator is pointing at -0.17 and 1.03 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Apollo Global Management Inc. (NYSE: APO), Keefe Bruyette downgraded it to a Mkt perform rating. They previously had an Outperform rating on the stock. Analysts offering their rating for APO stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate APO as a “sell,”, while 6 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 2 rates the stock as overweight while 8 have offered a “buy” rating.

What is APO’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $62.00 and a high of $90.00, with their median price target at $75.00. Looking at these predictions, the average price target given by analysts is for Apollo Global Management Inc. (APO) stock is $77.31.

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