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Apollo Management sells 123828 Taboola shares at $3.24 per share on 2025-08-04.
ByAinvest
Monday, Aug 4, 2025 9:37 pm ET1min read
Taboola.com Ltd. (TBLA) has announced that Apollo Management Holdings GP, LLC, a 10% owner of the company, has sold 123,828 shares at a price of $3.24 per share on August 4, 2025.
On August 4, 2025, Apollo Management Holdings GP, LLC, a significant 10% owner of Taboola.com Ltd. (TBLA), sold 123,828 shares of the company at a price of $3.24 per share. This transaction represents a strategic move by the institutional investor, potentially impacting the company's stock price and market perception.Apollo Management's sale comes amidst a period of increased institutional investment in Taboola.com. Allianz Asset Management GmbH, for instance, has significantly increased its holdings in the company, owning approximately 0.10% of Taboola.com worth $862,000 as of its most recent SEC filing [1]. Other institutional investors, including American Century Companies Inc. and Wellington Management Group LLP, have also made notable adjustments to their positions in Taboola.com [1].
Analysts have given Taboola.com a consensus rating of "Moderate Buy" with a target price ranging from $4.00 to $4.50. However, the recent insider transaction and the overall market sentiment could influence the stock's performance. The company's stock has been trading up, hitting $3.26 during midday trading on Monday, July 2, 2025 [1].
The latest earnings preview for Marqeta Inc. (MQ), a company in the fintech sector, shows that analysts expect a 12.1% increase in revenue, with a mean estimate of $140.388 million for the quarter ending June 30, 2025 [3]. Despite the expected revenue growth, analysts predict a loss of 3 cents per share, indicating a mixed outlook for the company's financial health.
In summary, the sale of 123,828 shares by Apollo Management Holdings GP, LLC, adds another layer to the ongoing institutional activity surrounding Taboola.com Ltd. While the impact on the stock price remains to be seen, the transaction underscores the importance of monitoring insider and institutional investor activity for a comprehensive understanding of the company's market dynamics.
References:
[1] https://www.marketbeat.com/instant-alerts/filing-allianz-asset-management-gmbh-buys-153500-shares-of-taboolacom-ltd-nasdaqtbla-2025-08-01/
[3] https://www.tradingview.com/news/reuters.com,2025:newsml_L8N3TW2RI:0-marqeta-inc-expected-to-post-a-loss-of-3-cents-a-share-earnings-preview/
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