Zelter James C

Co-President James C Zelter sells 500,000 APO shares for $86,950,874.69, reducing stake 44.6% on strong rally

Co-President Zelter executed 15 separate sales totaling 500,000 shares (500.0K shares) for $86,950,874.69 ($87.0M) on 2024-12-09, reducing his holdings from 1,121,165 shares to 621,165 shares (a -44.6% reduction). The blended average sale price of $173.90 came during a period of sustained momentum—APO's 90-day return is +59.0% and the stock currently trades at $178.61, near its 52-week high. His prior five trades at APO show the insider has historically sold into strength: his August 23 sales captured 13.0–14.1% 30-day gains and 49.8–51.2% 90-day gains before reversal, while none of his five prior APO sells demonstrated the pattern of post-sale decline that would indicate early exit timing. The current sale's scale and timing warrant observation for what it may signal about valuation or near-term positioning, especially given the stock's proximity to its 52-week ceiling.

Co-President Zelter James C sells 100,000 shares at $110.14 avg; post-sale holds 781,722 shares (-11.3%)

Zelter James C, Co-President of Apollo Global Management, executed 4 separate sales on 2024-08-23 totaling 100,000 shares (100.0K shares) for $11,014,010.60 ($11.0M) at a blended average price of $110.14, reducing his holdings by -11.3% to 781,722 shares (781.7K shares). His prior APO sales occurred throughout 2023 and early 2024, with 90-day outcomes ranging from +2.6% to +32.4%, but none of the 5 prior trades at this ticker were well-timed by the 90-day standard (all resulted in positive post-sale returns, meaning the stock rose after each sale). The current stock price of $111.89 sits -10.7% from the 52-week high and -8.4% over the prior 30 days, suggesting recent downward momentum. His cross-ticker track record shows an average 90d return of +16.6% on 12 prior open-market sells, with a well-timed rate of 0.00%, indicating consistent difficulty in timing sales ahead of rallies. This sale stands out as a large, multi-transaction liquidation in a stock with strong fundamentals (P/E 11.14, $6.0B latest quarterly revenue, +197.6% annual growth) but near-term price weakness.