In Friday’s Wall Street session, Apollo Global Management Inc (NYSE:APO) shares traded at $108.68, down -11.96% from the previous session.
APO stock price is now -26.91% away from the 50-day moving average and -22.95% away from the 200-day moving average. The market capitalization of the company currently stands at $62.00B.
With the price target of $188, Piper Sandler recently initiated with Overweight rating for Apollo Global Management Inc (NYSE: APO). On September 25, 2024, Wolfe Research recently initiated its ‘Outperform’ rating on the stock quoting a target price of $139, while ‘Wells Fargo’ rates the stock as ‘Overweight’
In other news, BLACK LEON D, sold 500,000 shares of the company’s stock on Mar 19 ’25. The stock was sold for $71,001,003 at an average price of $142.00. Upon completion of the transaction, the now directly owns 34,604,773 shares in the company, valued at $3.76 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 19 ’25, Affiliate BLACK, LEON D bought 500,000 shares of the business’s stock. A total of $71,001,571 was incurred on buying the stock at an average price of $142.00. A total of 29.47% of the company’s stock is owned by insiders.
During the past 12 months, Apollo Global Management Inc has had a low of $95.11 and a high of $189.49. According to the stock market information, the enterprise value for the company is $80208814080, which is based on a 15.03 price-to-earnings ratio, a 0.97 price-to-earnings-growth ratio, and a beta of 1.67. The fifty day moving average price for APO is $148.6922 and a two-hundred day moving average price translates $141.0447 for the stock.
The latest earnings results from Apollo Global Management Inc (NYSE: APO) was released for 2024-12-31. The net profit margin was 16.45% and return on equity was 28.29% for APO. The company reported revenue of $5.28 billion for the quarter, compared to $11.05 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -52.17 percent.
