Apollo Global Management Announces Sale of 915k Shares by Black Leon D.

Monday, Sep 8, 2025 7:54 pm ET1min read

Apollo Global Management, Inc. [APO] disclosed that Leon D. Black, a non-executive officer, sold 915,000 shares at a price of $134.03 per share on September 4, 2025.

Apollo Global Management Inc. [APO], a prominent private equity firm, disclosed that Leon D. Black, a non-executive officer, sold 915,000 shares of the company's stock on September 4, 2025. The shares were sold at a price of $134.03 per share.

The transaction, which was disclosed in a Form 13F filing with the U.S. Securities and Exchange Commission (SEC), represents a significant reduction in Black's stake in the company. As of the most recent SEC filing, Apollo Global Management owns about 0.14% of the firm, valued at $106.29 million [1].

Black's sale of shares follows a period of increased institutional interest in Apollo Global Management. Several large investors, including Amundi, Fourth Dimension Wealth LLC, GW&K Investment Management LLC, ORG Partners LLC, Farmers & Merchants Investments Inc., and Meeder Asset Management Inc., have recently bought or increased their positions in the company [1].

Apollo Global Management has been performing well, reporting earnings per share (EPS) of $1.92 for the last quarter, which exceeded analyst expectations. The company also declared a quarterly dividend of $0.51 per share, translating to an annualized yield of 1.6% and a payout ratio of 38.13% [1].

Analysts have shown strong interest in Apollo Global Management, with several firms upgrading their ratings and price targets. For instance, Barclays, Evercore ISI, Wells Fargo & Company, and Citigroup have all increased their price objectives for the stock [1].

Despite the recent sales by insiders, Apollo Global Management remains a favorite among institutional investors, with 77.06% of its stock currently owned by institutional investors [1].

References:

[1] https://www.marketbeat.com/instant-alerts/filing-amundi-sells-25062-shares-of-apollo-global-management-inc-apo-2025-09-06/

Apollo Global Management Announces Sale of 915k Shares by Black Leon D.

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