Stocks of ADT Inc (NYSE:ADT) traded higher last session on Wall Street, up 0.85% to $8.29.
ADT stock price is now 2.68% away from the 50-day moving average and 10.29% away from the 200-day moving average. The market capitalization of the company currently stands at $6.93B.
With the price target maintained at $9, Barclays recently Upgraded its rating from Underweight to Equal Weight for ADT Inc (NYSE: ADT). , while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, Apollo Management Holdings GP,, 10% Owner sold 50,000,000 shares of the company’s stock on May 12 ’25. The stock was sold for $401,000,000 at an average price of $8.02. Upon completion of the transaction, the 10% Owner now directly owns 228,650,366 shares in the company, valued at $1.9 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On May 12 ’25, 10% Owner Apollo Management Holdings GP, sold 50,000,000 shares of the business’s stock. A total of $401,000,000 was realized by selling the stock at an average price of $8.02. This leaves the insider owning 228,650,366 shares of the company worth $1.9 billion. A total of 35.83% of the company’s stock is owned by insiders.
During the past 12 months, ADT Inc has had a low of $6.53 and a high of $8.70. As of last week, the company has a debt-to-equity ratio of 2.19, a current ratio of 0.77, and a quick ratio of 0.60.
The net profit margin was 11.05% and return on equity was 16.26% for ADT. The company reported revenue of $1.27 billion for the quarter, compared to $1.19 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.54 percent.
