Apollo finance is expanding into digital lending APIs

Apollo Finance is expanding into digital lending APIs, a move expected to add 6% to annualized revenue. Stock reaction has been positive, with price clearing its 50-day moving average on higher-than-usual trading momentum. Over the last year we saw more insider selling of Apollo Global Management shares, than buying. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction! View Our Latest Analysis on APO Apollo Global Management Price Performance These 3 Stocks Are Heavy Hitters in Alternative Asset Management Shares of NYSE:APO opened at $127.09 on Friday. The firm's 50 day moving average is $138.85 and its two-hundred day moving average is $137.11. The firm has a market capitalization of $72.70 billion, a P/E ratio of 23.76, a PEG ratio of 1.40 and a beta of 1.68. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.37. Apollo Global Management Inc. has a 52 week low of $102.58 and a 52 week high of $189.49. Apollo Global Management ( NYSE:APO - Get Free Report ) last posted its earnings results on Tuesday, August 5th. The financial services provider reported $1.92 EPS for the quarter, beating the consensus estimate of $1.84 by $0.08. The firm had revenue of $6,550,000 billion for the quarter, compared to analysts' expectations of $1.01 billion. Apollo Global Management had a return on equity of 13.38% and a net margin of 13.25%.During the same period last year, the firm earned $1.64 EPS. Analysts anticipate that Apollo Global Management Inc. will post 8 earnings per share for the current year. Apollo Global Management Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Monday, August 18th were paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, August 18th. Apollo Global Management's dividend payout ratio is currently 38.13%. Apollo Global Management Company Profile ( Free Report ) Apollo Global Management, Inc is a private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets. The firm prefers to invest in private and public markets. The firm's private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth, venture capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions. Recommended Stories Five stocks we like better than Apollo Global Management Stock Market Holidays 2022-2025 - Here’s When the NYSE and NASDAQ Will be Closed General Dynamics Hits New Highs: Why It Might Keep Climbing What is a Dividend King? Nike’s Turnaround: If the Shoe Fits, Buy It! What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story NVIDIA Breaks Out to New Highs: What Comes Next? Want to see what other hedge funds are holding APO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apollo Global Management Inc. ( NYSE:APO - Free Report ). This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]. Should You Invest $1,000 in Apollo Global Management Right Now? Before you consider Apollo Global Management, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Apollo Global Management wasn't on the list. While Apollo Global Management currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here These 7 Stocks Will Be Magnificent in 2025 Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets. Get This Free Report Apollo Finance continues to attract ETF inflows, particularly in fintech-focused funds. This passive investment demand may provide a baseline of price support and reduce susceptibility to short-term market shocks.