Key Points
- Director Anthony Malkin bought 3,000 shares of APi Group on Dec. 10 at an average price of $39.58 (total ~$118,740), raising his direct stake to 7,000 shares — a 75% increase — as disclosed in an SEC filing.
- APi Group beat expectations in its most recent quarter with EPS of $0.41 versus $0.39 and revenue of $2.09 billion (up 14.2% year‑over‑year); the stock trades near its 52‑week high and carries a high P/E of 114.26.
- Institutions own about 86.62% of the stock, with major investors (Vanguard, Durable Capital, State Street, Invesco) materially increasing positions, while analysts’ consensus is a “Moderate Buy” with a $38.81 price target.
APi Group Corporation (NYSE:APG - Get Free Report) Director Anthony Malkin purchased 2,000 shares of the company's stock in a transaction on Friday, December 5th. The shares were bought at an average price of $39.03 per share, with a total value of $78,060.00. Following the completion of the transaction, the director owned 4,000 shares of the company's stock, valued at approximately $156,120. The trade was a 100.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.
APi Group Stock Performance
Shares of APG stock opened at $41.90 on Friday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.41 and a current ratio of 1.48. The firm has a market cap of $17.42 billion, a P/E ratio of 114.26 and a beta of 1.70. The firm's 50 day moving average price is $38.58 and its 200-day moving average price is $36.12. APi Group Corporation has a one year low of $20.50 and a one year high of $41.93.
APi Group (NYSE:APG - Get Free Report) last posted its earnings results on Thursday, October 30th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.02. APi Group had a net margin of 3.44% and a return on equity of 21.86%. The firm had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.01 billion. During the same quarter last year, the firm earned $0.51 EPS. The firm's revenue for the quarter was up 14.2% on a year-over-year basis. As a group, equities research analysts predict that APi Group Corporation will post 1.83 EPS for the current year.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Congress Asset Management Co. purchased a new stake in shares of APi Group in the 4th quarter valued at approximately $49,665,000. SG Americas Securities LLC raised its stake in APi Group by 21.5% in the fourth quarter. SG Americas Securities LLC now owns 37,413 shares of the company's stock valued at $1,431,000 after buying an additional 6,631 shares in the last quarter. Park Place Capital Corp purchased a new stake in APi Group during the 4th quarter worth about $62,000. Diversified Trust Co. acquired a new position in shares of APi Group during the 4th quarter worth about $2,014,000. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of APi Group by 23.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 38,746 shares of the company's stock valued at $1,596,000 after acquiring an additional 7,367 shares during the last quarter. Hedge funds and other institutional investors own 86.62% of the company's stock.
Analysts Set New Price Targets
A number of brokerages recently commented on APG. CJS Securities upgraded APi Group to a "strong-buy" rating in a report on Thursday, December 11th. Barclays raised their price objective on shares of APi Group from $42.00 to $44.00 and gave the company an "overweight" rating in a research note on Monday, November 3rd. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of APi Group in a research note on Tuesday, December 23rd. Zacks Research lowered shares of APi Group from a "strong-buy" rating to a "hold" rating in a report on Monday, September 15th. Finally, Weiss Ratings restated a "hold (c+)" rating on shares of APi Group in a research note on Monday, December 22nd. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, APi Group has a consensus rating of "Moderate Buy" and an average price target of $38.81.
Read Our Latest Stock Analysis on APi Group
About APi Group
(
Get Free Report)
APi Group Corp. is a global specialty contractor that provides fire protection, security, mechanical insulation and energy services to commercial, industrial and institutional clients. Headquartered in New Brighton, Minnesota, the company designs, installs, inspects, tests, maintains and repairs a wide range of safety and infrastructure systems. Through its network of operating subsidiaries, APi Group delivers end-to-end solutions for new construction, facility renovations and ongoing maintenance requirements.
Its service portfolio spans life safety and industrial services—such as fire suppression systems, fire alarms and emergency lighting—and specialized offerings including technical insulation, access solutions, passive fire protection and energy efficiency upgrades.
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