Apollo Global Management Drops 5.23% Amid Portfolio Realignment

On April 7, 2025, Apollo Global Management, Inc. (APO) experienced a 5.23% drop in pre-market trading, reflecting a significant shift in investor sentiment.

Apollo Global Management has been actively realigning its investment portfolio, expressing interest in Infrabuild Trading amidst Sanjeev Gupta's strategic moves. This initiative is part of the company's broader strategy to expand its real estate expertise and strengthen its wealth management business.

In a significant move, Apollo Global Management is set to acquire Bridge for $1.5 billion. This acquisition aligns with APO's objective to expand its real estate expertise and strengthen its wealth business, indicating a strategic shift towards enhancing its market position.

Several analysts have recently commented on Apollo Global Management's stock, with Bank of America lifting their price target from $186.00 to $190.00 and maintaining a "buy" rating. Barclays also increased their target price to $200.00 with an "overweight" rating, while BMO Capital Markets raised their target to $186.00 with an "outperform" rating. TD Cowen boosted their price objective to $230.00 with a "buy" rating, and Keefe, Bruyette & Woods decreased their target price to $194.00 with an "outperform" rating. Piper Sandler cut their price target to $193.00 with an "overweight" rating. Overall, the stock has an average rating of "Moderate Buy" and an average price target of $168.26.

Insider trading activities have also been noted, with Leon D. Black selling 500,000 shares and CFO Martin Kelly selling 5,000 shares, both resulting in a decrease in their ownership stakes. Institutional investors have shown interest, with several large investors increasing their holdings in Apollo Global Management.