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Elo Mutual Pension Insurance Co Buys 13,475 Shares of Apollo Global Management Inc. $APO
Elo Mutual Pension Insurance Co increased its stake in Apollo Global Management Inc. by 31.5%, acquiring an additional 13,475 shares to hold a total of 56,309 shares valued at $7.51 million. Several other institutional investors also adjusted their positions in Apollo, which currently has a market cap of $61.73 billion and a “Moderate Buy” consensus rating from analysts. The article also notes recent positive analyst sentiment, but highlights legal overhangs due to multiple securities class action lawsuits filed against the company.