Category: Markets
Published: 2026-07-31T09:12:07.000Z
Waverly Advisors LLC significantly increased its stake in Apollo Global Management Inc. (NYSE:APO) by 355.6% during the first quarter, acquiring an additional 13,939 shares to hold a total of 17,859 shares valued at $1.99 million. This move is part of a broader trend of institutional investors modifying their holdings in Apollo Global Management, though some analysts have recently downgraded the stock or lowered price targets. Despite insider selling by John P. Zito, the company recently increased its quarterly dividend and analysts project continued earnings growth.
News summary curated and translated by CausifyMarket. Always consult original sources before making any financial decision.