BLACK LEON D

BLACK LEON D sold 915,000 shares of APO for $122.6M on 2025-09-04; 4 of 5 prior APO sales well-timed by 90d mark.

Black Leon D executed a substantial open-market sale of 915,000 shares (16.8% of his pre-transaction holdings) at $134.03, reducing his position from 5.44M to 4.53M shares and generating $122.6M in proceeds. His cross-ticker track record shows a 95.00% well-timed rate on prior sells with an average 90-day return of -13.4%, and critically, at Apollo specifically, 4 of his 5 prior sells registered negative 90-day returns, indicating consistent foresight in exiting before declines. The current price of $134.44 sits -24.7% from the 52-week high and down 5.3% over the past 30 days, aligning with the pattern of post-sale price deterioration his transaction history demonstrates. Investors should note both the scale of the position reduction and the demonstrated timing acuity at this specific ticker, which may signal expectations about near-term headwinds despite APO's current $76.9B market capitalization.

Black Leon D sold 607,725 shares (607.7K) of APO at $111.40 on 2025-04-04 for $67,697,526.38; stock has since fallen 38.2% from 52-week high.

Black Leon D sold 607.7K shares of Apollo Global Management at $111.40 on 2025-04-04, reducing holdings from 34.60M to 34.00M shares, a 1.8% reduction. This sale follows a pattern: his prior three measurable sales at APO (all on 2024-12-04) each showed negative 90-day returns, with a 100% well-timed sell rate at this ticker. Post-transaction, the stock has fallen -38.2% from its 52-week high and declined 16.6% over 30 days and 31.8% over 90 days. Across his cross-ticker track record, Black Leon D has executed 20 prior open-market sales with a 100% well-timed sell rate and an average 90-day return of -16.5%, whereas his immediate prior sales at APO in March 2025 outcomes remain unmeasurable. The stock trades at a P/E of 11.71 with annual revenue growth of -20.0%, adding context to the timing of this sizeable $67.7M liquidation.

Apollo Global CEO Leon D. Black sells 500,000 shares for $71.0M; stock down 19.7% from 52-week high, 5 prior sales at APO all well-timed at 90-day mark

Leon D. Black executed two separate sales totaling 500,000 shares for $71,001,003.08 on 2025-03-19, reducing his APO holdings from 35.10M to 34.60M shares (-1.4%). The blended average transaction price of $142.00 compares to the current price of $143.41, but stock momentum is negative: down 19.7% from the 52-week high of $178.61, down 10.5% over 30 days, and down 16.2% over 90 days. Notably, his five prior sales at Apollo (all in December 2024) were uniformly well-timed at the 90-day mark, with post-sale declines ranging from 16.8% to 20.8%, and his cross-ticker track record shows a 90.00% well-timed rate on 20 prior sells. The timing pattern at this specific ticker is consistent, though investors should note that APO's fundamentals show annual revenue declining 20.0% year-over-year alongside a modest P/E of 15.21.

Leon D. Black sells 1,000,000 shares (1.00M) at $173.48 avg for $173.5M, reducing APO stake by 15.4%

Leon D. Black executed 18 separate sales over December 2–4, 2024, totaling 1,000,000 shares for $173,477,024.01 at a blended average price of $173.48, reducing his holdings from 6,500,000 to 5,500,000 shares (a -15.4% reduction). The sale occurred near the 52-week high ($175.64), with the stock at $174.73 currently, just -0.5% below peak. Across his 5 prior sales at APO dating back to February 2024, none were well-timed (all showed positive 90-day returns post-sale), indicating the stock continued to rise after his prior exits. His cross-ticker track record shows a 0.00% well-timed 90d rate across 7 prior sells, further suggesting a pattern of selling before gains rather than before declines. The substantial dollar volume ($173.5M) and methodical execution over three trading days—combined with the proximity to all-time highs and the consistent pattern of the stock rallying after his prior exits—establishes this as a material reduction in one of the company's major stakeholders.