We wouldn't blame Apollo Global Management, Inc. (NYSE:APO) shareholders if they were a little worried about the fact that John Zito, the Co-President of Apollo Asset Management recently netted about US$6.4m selling shares at an average price of US$131. That's a big disposal, and it decreased their holding size by 35%, which is notable but not too bad.

The Last 12 Months Of Insider Transactions At Apollo Global Management

In the last twelve months, the biggest single sale by an insider was when the insider, Leon Black, sold US$123m worth of shares at a price of US$134 per share. So what is clear is that an insider saw fit to sell at around the current price of US$129. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

In the last year Apollo Global Management insiders didn't buy any company stock. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

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Insider Ownership

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. It's great to see that Apollo Global Management insiders own 20% of the company, worth about US$15b. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Do The Apollo Global Management Insider Transactions Indicate?

Insiders haven't bought Apollo Global Management stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. While conducting our analysis, we found that Apollo Global Management has 3 warning signs and it would be unwise to ignore them.

Of course Apollo Global Management may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.