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Sanctuary Advisors LLC Lowers Holdings in Apollo Global Management Inc. $APO
Sanctuary Advisors LLC reduced its stake in Apollo Global Management Inc. by 14.2% in Q4, selling 13,305 shares and retaining 80,322 shares valued at $11.63 million. This reduction comes amid heightened legal risks for Apollo related to alleged payments and ties to Leon Black and Jeffrey Epstein, which have led to multiple law firms filing or soliciting lead-plaintiff roles in securities class actions. Despite these challenges, analysts maintain a “Moderate Buy” rating for Apollo Global Management with a consensus target price of $149.42, although some brokers have recently trimmed their price targets.