Apollo Global Management Inc’s recent filing unveils that its Affiliate MJH Partners III LLC acquired Company’s shares for reported $82.16 million on Nov 19 ’24. In the deal valued at $164.31 per share,500,000 shares were bought.
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Then, MJH Partners III LLC bought 250,000 shares, generating $37,317,500 in total proceeds.
Before that, MJH Partners III LLC bought 250,000 shares. Apollo Global Management Inc shares valued at $34,857,500 were divested by the Affiliate at a price of $139.43 per share.
Piper Sandler initiated its Apollo Global Management Inc [APO] rating to an Overweight in a research note published on November 19, 2024; the price target was $188. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who began to cover the stock in late September with a ‘”an Outperform”‘ rating. Wells Fargo began covering APO with “an Overweight” recommendation on September 12, 2024. Redburn Atlantic started covering the stock on August 27, 2024. It rated APO as “a Buy”.
Price Performance Review of APO
On Tuesday, Apollo Global Management Inc [NYSE:APO] saw its stock jump 2.40% to $168.25. Over the last five days, the stock has gained 2.75%. Apollo Global Management Inc shares have risen nearly 80.55% since the year began. Nevertheless, the stocks have risen 93.75% over the past one year. While a 52-week high of $168.67 was reached on 11/19/24, a 52-week low of $86.21 was recorded on 01/03/24. SMA at 50 days reached $139.82, while 200 days put it at $119.70.
Levels Of Support And Resistance For APO Stock
The 24-hour chart illustrates a support level at 165.08, which if violated will result in even more drops to 161.92. On the upside, there is a resistance level at 170.28. A further resistance level may holdings at 172.31. The Relative Strength Index (RSI) on the 14-day chart is 73.79, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.27, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.97%. Stochastics %K at 88.43% indicates the stock is a selling.
How much short interest is there in Apollo Global Management Inc?
A steep rise in short interest was recorded in Apollo Global Management Inc stocks on 2024-10-31, growing by 5.85 million shares to a total of 27.32 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 21.48 million shares. There was a rise of 21.4%, which implies that there is a positive sentiment for the stock.
