APi Group Co. (NYSE:APG) SVP Sells $204,671.16 in Stock

APi Group Co. (NYSE:APG - Get Free Report) SVP Louis Lambert sold 5,679 shares of the business's stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $36.04, for a total transaction of $204,671.16. Following the sale, the senior vice president now directly owns 2,421 shares in the company, valued at approximately $87,252.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Louis Lambert also recently made the following trade(s):

• On Monday, August 5th, Louis Lambert sold 6,333 shares of APi Group stock. The shares were sold at an average price of $32.45, for a total transaction of $205,505.85.

APi Group Stock Performance

NYSE:APG traded down $0.50 during mid-day trading on Wednesday, reaching $35.09. The company's stock had a trading volume of 662,308 shares, compared to its average volume of 1,733,703. The firm's fifty day moving average price is $36.24 and its two-hundred day moving average price is $37.00. The company has a current ratio of 1.35, a quick ratio of 1.26 and a debt-to-equity ratio of 1.14. The stock has a market cap of $9.62 billion, a P/E ratio of -16.35, a PEG ratio of 1.06 and a beta of 1.57. APi Group Co. has a 12-month low of $24.61 and a 12-month high of $39.98.

APi Group (NYSE:APG - Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.49 earnings per share for the quarter, beating analysts' consensus estimates of $0.47 by $0.02. APi Group had a net margin of 2.81% and a return on equity of 39.16%. The company had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.79 billion. During the same quarter in the prior year, the firm earned $0.41 earnings per share. The firm's revenue for the quarter was down 2.3% compared to the same quarter last year. On average, equities analysts forecast that APi Group Co. will post 1.88 EPS for the current fiscal year.

Institutional Trading of APi Group

Large investors have recently modified their holdings of the company. Nomura Asset Management Co. Ltd. raised its position in APi Group by 43.8% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 1,280 shares of the company's stock worth $44,000 after acquiring an additional 390 shares during the period. Whittier Trust Co. grew its holdings in APi Group by 100.9% during the first quarter. Whittier Trust Co. now owns 1,497 shares of the company's stock valued at $59,000 after purchasing an additional 752 shares during the period. J.Safra Asset Management Corp increased its position in APi Group by 81.3% in the first quarter. J.Safra Asset Management Corp now owns 1,731 shares of the company's stock worth $68,000 after buying an additional 776 shares in the last quarter. Motco bought a new position in shares of APi Group in the first quarter worth about $83,000. Finally, Triad Wealth Partners LLC purchased a new position in shares of APi Group during the 2nd quarter valued at about $132,000. Institutional investors own 86.62% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Barclays reduced their price objective on APi Group from $44.00 to $43.00 and set an "overweight" rating for the company in a research report on Monday, August 5th. Robert W. Baird lowered their price target on APi Group from $43.00 to $42.00 and set an "outperform" rating for the company in a research report on Friday, August 2nd. Finally, JPMorgan Chase & Co. cut their price objective on shares of APi Group from $37.00 to $34.00 and set a "neutral" rating on the stock in a research report on Friday, August 2nd. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, APi Group has an average rating of "Moderate Buy" and an average target price of $43.86.

About APi Group

APi Group Corporation provides safety and specialty services worldwide. It operates through Safety Services and Specialty Services segments. The Safety Services segment offers solutions focusing on end-to-end integrated occupancy systems, such as fire protection services; heating, ventilation, and air conditioning solutions; and entry systems, which include the design, installation, inspection, and service of these integrated systems.

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