Apollo Wealth Management has reported increased Q1 2024 client inflows, suggesting strong investor confidence amid volatile equity markets. Analysts indicate their diversified portfolio strategy could outperform the S&P 500 by 1.8% in the next quarter. Maximize saving for your retirement and cut down on taxes: Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation . In other news, CFO Martin Kelly sold 15,500 shares of the stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $145.11, for a total transaction of $2,249,205.00. Following the transaction, the chief financial officer owned 332,399 shares in the company, valued at approximately $48,234,418.89. This trade represents a 4.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link . Also, insider Leon D. Black sold 915,000 shares of the stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $134.03, for a total value of $122,637,450.00. Following the transaction, the insider owned 4,526,000 shares in the company, valued at approximately $606,619,780. This trade represents a 16.82% decrease in their position. The disclosure for this sale can be found here . Over the last quarter, insiders have sold 935,000 shares of company stock worth $125,543,790. Company insiders own 8.20% of the company's stock. Apollo Global Management 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. Featured Articles Five stocks we like better than Apollo Global Management How to Invest in the Best Canadian Stocks After Trump Deal, Can Meta Stock Withstand TikTok’s Onslaught? What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story Alphabet: After Its Best Quarter in Decades, Is It Time to Buy? 3 Best Fintech Stocks for a Portfolio Boost Forget Airlines—These Trucking Stocks Are Shifting Into High Gear 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 Metaverse Stocks And Why You Can't Ignore Them Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment. Get This Free Report The firm has leveraged cross-asset correlation data to hedge equity risk with commodity derivatives, enabling Apollo Wealth Management portfolios to maintain positive returns during bond market softness.
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