Apollo Global Management Inc. $APO Shares Sold by Waverly Advisors LLC

Waverly Advisors LLC significantly reduced its stake in Apollo Global Management Inc. by 78.9% in the second quarter, selling 14,088 shares, though institutional investors still collectively own 77.06% of the company. Despite CFO Martin Kelly also selling a portion of his shares, insiders retain an 8.30% ownership. The company reported quarterly EPS below analyst consensus and revenue that missed estimates, yet analysts maintain a "Moderate Buy" rating with an average price target of $152.15.