Insider purchase at Apollo Global Management (APO) prolongs buy activity of Last 90 Days

Monday, July 31, 2017 10:15 PM ET

Insider purchase at Apollo Global Management (APO) prolongs buy activity of Last 90 Days

An insider — Tiger Global Management LLC, 10% Owner — purchased 234,300 shares of Apollo Global Management having a market value of approximately $6,535,206 today, as revealed 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 3,718,469 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 2,841,472 shares and have averaged 1,266,017 shares per transaction over this time period.

Apollo Global Management insider trading represents a level of buy/sell trades that is above for the 31 peer company average over the last 90-day period. The Investment Management & Fund Operators peer group saw 40 buy/sell trades during this period for an average of 1.3 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 3,759,919 shares purchased and 5,464,662 shares sold with company insiders disposing of 42,619 shares on average.

The data obtained in composing and writing in this story eliminates 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.

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.

For more information, contact UpTick at Copyright 2017 UpTick Data Technologies. All rights reserved.

This entry was posted in InsiderNews and tagged , , , , . Bookmark the permalink.