The stock of Apollo Global Management Inc (NYSE:APO) last traded at $175.73, up 0.57% from the previous session.
APO stock price is now 16.03% away from the 50-day moving average and 42.73% away from the 200-day moving average. The market capitalization of the company currently stands at $99.43B.
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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, APOLLO OPPORTUNITY FOUNDATION, Affiliated Entity bought 25,000 shares of the company’s stock on Dec 05 ’24. The stock was bought for $4,441,510 at an average price of $177.66. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 03 ’24, Chief Legal Officer Chatterjee Whitney sold 6,200 shares of the business’s stock. A total of $1,074,851 was realized by selling the stock at an average price of $173.36. This leaves the insider owning 117,701 shares of the company worth $20.68 million. A total of 49.56% of the company’s stock is owned by insiders.
During the past 12 months, Apollo Global Management Inc has had a low of $89.11 and a high of $176.75. According to the stock market information, the enterprise value for the company is $114673926144, which is based on a 18.49 price-to-earnings ratio, a 1.22 price-to-earnings-growth ratio, and a beta of 1.62. The fifty day moving average price for APO is $150.4296 and a two-hundred day moving average price translates $122.79245 for the stock.
The latest earnings results from Apollo Global Management Inc (NYSE: APO) was released for 2024-09-30. The net profit margin was 17.71% and return on equity was 44.00% for APO. The company reported revenue of $7.77 billion for the quarter, compared to $2.6 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 199.54 percent.
