Apollo Global Management Inc’s recently made public that its Chief Financial Officer Kelly Martin unloaded Company’s shares for reported $3.34 million on May 08 ’24. In the deal valued at $111.29 per share,30,000 shares were sold. As a result of this transaction, Kelly Martin now holds 359,445 shares worth roughly $41.8 million.
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Then, BLACK LEON D sold 450,000 shares, generating $49,817,790 in total proceeds. Upon selling the shares at $110.71, the now owns 42,604,773 shares.
Before that, KLEINMAN SCOTT sold 175,345 shares. Apollo Global Management Inc shares valued at $19,384,143 were divested by the Co-President at a price of $110.55 per share. As a result of the transaction, KLEINMAN SCOTT now holds 4,692,393 shares, worth roughly $545.68 million.
A number of analysts have revised their coverage, including TD Cowen’s analysts, who began to cover the stock in early January with a ‘”an Outperform”‘ rating. Oppenheimer revised its rating on October 09, 2023. It rated APO as “a Perform” which previously was an “an Outperform”.
Price Performance Review of APO
On Monday, Apollo Global Management Inc [NYSE:APO] saw its stock jump 0.36% to $116.29. Over the last five days, the stock has lost -2.09%. Apollo Global Management Inc shares have risen nearly 24.79% since the year began. Nevertheless, the stocks have risen 50.26% over the past one year. While a 52-week high of $119.69 was reached on 06/12/24, a 52-week low of $72.44 was recorded on 01/03/24. SMA at 50 days reached $112.86, while 200 days put it at $100.45. A total of 1.29 million shares were traded, compared to the trading of 1.71 million shares in the previous session.
Levels Of Support And Resistance For APO Stock
The 24-hour chart illustrates a support level at 115.11, which if violated will result in even more drops to 113.93. On the upside, there is a resistance level at 117.22. A further resistance level may holdings at 118.15. The Relative Strength Index (RSI) on the 14-day chart is 53.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 39.72%. Stochastics %K at 58.61% indicates the stock is a holding.
The most recent change occurred on May 19, 2023 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $80 price target.
