Significant Insider purchase of Apollo Global Management (APO) Shares Extends the Buying Trend of Last Quarter

Thursday, July 27, 2017 10:15 PM ET

One Apollo Global Management insider — Tiger Global Management LLC, 10% Owner — today, bought 56,200 shares having a market value of approximately $1,571,371, as disclosed in a form 4 document filed with the SEC. There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the purchase of 4,806,469 company shares and the disposition of 1,111,297 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 3,751,372 shares and have averaged 1,493,492 shares per transaction over this time period.

Insiders at Apollo Global Management have a higher number of buy/sell trades than the 31-peer company average over the last 90-day period. The Investment Management & Fund Operators peer group saw 42 buy/sell trades during this period for an average of 1.4 transactions per company. The number of shares per buy/sell trade for Apollo Global Management insiders was also higher. Within the peer group there were 4,847,919 shares purchased and 5,480,716 shares sold with company insiders having sold 15,067 shares on average.

In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated data used to create and write this story.

Using proprietary artificial intelligence methods, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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