In a filing, Apollo Global Management Inc revealed its Co-President Zelter James C unloaded Company’s shares for reported $86.95 million on Dec 09 ’24. In the deal valued at $173.90 per share,500,000 shares were sold. As a result of this transaction, Zelter James C now holds 161,232 shares worth roughly $27.45 million.
Then, Kelly Martin sold 10,000 shares, generating $1,736,634 in total proceeds. Upon selling the shares at $173.66, the Chief Financial Officer now owns 307,019 shares.
Before that, Tanguy Louis-Jacques sold 2,500 shares. Apollo Global Management Inc shares valued at $441,250 were divested by the Chief Acct. Off. & Controller at a price of $176.50 per share. As a result of the transaction, Tanguy Louis-Jacques now holds 23,103 shares, worth roughly $3.93 million.
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 Friday, Apollo Global Management Inc [NYSE:APO] saw its stock fall -2.35% to $170.28. Over the last five days, the stock has gained 0.38%. Apollo Global Management Inc shares have risen nearly 82.72% since the year began. Nevertheless, the stocks have risen 82.78% over the past one year. While a 52-week high of $189.49 was reached on 12/09/24, a 52-week low of $89.76 was recorded on 01/03/24. SMA at 50 days reached $163.26, while 200 days put it at $127.89.
Levels Of Support And Resistance For APO Stock
The 24-hour chart illustrates a support level at 168.85, which if violated will result in even more drops to 167.42. On the upside, there is a resistance level at 172.56. A further resistance level may holdings at 174.84. The Relative Strength Index (RSI) on the 14-day chart is 50.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.57, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.38%. Stochastics %K at 29.15% indicates the stock is a holding.
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 2024-12-13, growing by 3.25 million shares to a total of 30.42 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 27.17 million shares. There was a rise of 10.67%, which implies that there is a positive sentiment for the stock.
