New insider activity at Apollo Global Management ( (APO) ) has taken place on March 22, 2025.
Leon Black has made a significant financial move by selling 500,000 shares of Apollo Global Management stock, resulting in a transaction valued at $71,001,003.
Recent Updates on APO stock
In the last 24 hours, Apollo Global Management has been in the spotlight due to several significant developments. The company is reportedly exploring a $4 billion sale of Cox Media Group, as per Bloomberg reports. Additionally, Apollo funds have agreed to acquire a majority stake in OEG Energy Group, a major player in the offshore energy solutions sector, with the transaction valued at over $1 billion. In another strategic move, Apollo, alongside Athene and Motive Partners, has invested in ARS, a provider of guaranteed lifetime income solutions for the defined contribution market, addressing the growing need for retirement income solutions. Meanwhile, Wells Fargo analyst Michael Brown has lowered Apollo’s price target from $187 to $177, citing macroeconomic and capital market uncertainties impacting episodic fee streams, although the long-term outlook remains positive with attractive valuations following year-to-date underperformance.
More about Apollo Global Management
YTD Price Performance: -12.93%
Average Trading Volume: 3,590,987
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $78.41B