Apollo Global Management Inc’s recent filing unveils that its LB 2018 GST Trust acquired Company’s shares for reported $67.7 million on Apr 04 ’25. In the deal valued at $111.39 per share,607,725 shares were bought. As a result of this transaction, LB 2018 GST Trust now holds 621,754 shares worth roughly $68.65 million.
Then, BLACK LEON D sold 607,725 shares, generating $67,697,526 in total proceeds. Upon selling the shares at $111.39, the now owns 33,997,048 shares.
Before that, BLACK LEON D sold 500,000 shares. Apollo Global Management Inc shares valued at $71,001,003 were divested by the at a price of $142.00 per share. As a result of the transaction, BLACK LEON D now holds 34,604,773 shares, worth roughly $3.82 billion.
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 fall -1.74% to $110.41. Over the last five days, the stock has lost -20.21%. Apollo Global Management Inc shares have fallen nearly -33.15% since the year began. Nevertheless, the stocks have fallen -3.72% over the past one year. While a 52-week high of $189.49 was reached on 01/31/25, a 52-week low of $95.11 was recorded on 04/07/25. SMA at 50 days reached $146.36, while 200 days put it at $140.98.
Levels Of Support And Resistance For APO Stock
The 24-hour chart illustrates a support level at 105.19, which if violated will result in even more drops to 99.97. On the upside, there is a resistance level at 118.46. A further resistance level may holdings at 126.51. The Relative Strength Index (RSI) on the 14-day chart is 28.72, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -23.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.60%. Stochastics %K at 14.59% indicates the stock is a buying.
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 2025-03-14, dropping by -0.44 million shares to a total of 36.2 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 36.64 million shares. There was a decline of -1.22%, which implies that there is a negative sentiment for the stock.
