APi Group Institutional Buying Surges Amid Insider Sells

Snack-Sized Version:

Yousif Capital Management increased its stake in APi Group by 41.9%. This move comes as institutional investors own 86.62% of the company. However, the buying contrasts with recent insider activity. Insiders sold 900,000 shares over the past three months. The company also recently reported strong Q3 results. For example, it beat earnings and revenue estimates. Revenue grew 14.2% year-over-year, consequently pushing the stock near its 52-week high. Overall, the stock shows mixed signals for investors to consider.

Read the Full Meal:

Yousif Capital Management LLC recently grew its position in APi Group by 41.9%. The firm’s 13F filing showed it now owns 117,720 shares. In addition, this purchase highlights strong institutional interest in the company. Institutions collectively own 86.62% of the stock. The news follows a strong third-quarter report from APi Group. Specifically, the company beat both earnings and revenue expectations. Revenue increased 14.2% compared to the prior year. However, insiders have been selling shares. For instance, one director sold 340,000 shares. As a result, investors see conflicting signals between institutional buying and insider selling.

APG Sees Institutional Buying Amid Insider Sells

• Q3 Earnings Beat: The company reported Q3 EPS of $0.41 and revenue of $2.09 billion.
• Insider Selling: Insiders sold 900,000 shares worth over $32 million in the last three months.
• Valuation: The stock trades with a high P/E ratio of 107.46 near its 52-week high.
• Ownership: Institutional investors own 86.62% of the company, while insiders hold 17%.

Why this can matter for NYSE:APG holders

• Conflicting Signals: Strong institutional buying contrasts with significant insider selling, so this creates a mixed picture.
• Growth Momentum: The company’s 14.2% year-over-year revenue growth demonstrates solid business performance.
• Valuation Risk: Furthermore, a high P/E ratio suggests the stock is expensive, which could limit future upside.

For more details, see APG SEC filings.

What to watch next

1. Next Earnings Report: Look for the company’s fourth-quarter earnings results, typically released in late January or February.
2. Institutional Filings: Monitor upcoming 13F filings to track changes in ownership by large investors.
3. Insider Transactions: Also, watch for SEC Form 4 filings to see if insider selling continues or subsides.

Mini FAQ

What were APi Group’s recent earnings?
APi Group reported Q3 earnings of $0.41 per share. This beat estimates by $0.02. In addition, revenue was $2.09 billion, up 14.2% year-over-year.

Who is selling APG stock?
Company insiders have been selling shares recently. For instance, Director Martin E. Franklin sold 340,000 shares. Insiders sold a total of 900,000 shares in the last three months.

What is the institutional ownership of APi Group?
Institutional investors own a significant portion of the company. Specifically, they hold 86.62% of the stock. On the other hand, insiders own about 17% of the company.

See Also

• APi Group Corporation News Hub
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