Vista Finance LLC Purchases New Position in APi Group Corporation $APG

Vista Finance LLC purchased a new stake in APi Group Corporation (NYSE:APG) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 4,017 shares of the company’s stock, valued at approximately $205,000.

Other large investors have also made changes to their positions in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of APi Group by 114.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,802,773 shares of the company’s stock valued at $100,227,000 after buying an additional 1,495,268 shares in the last quarter. Equitable Trust Co. boosted its position in APi Group by 60.5% during the second quarter. Equitable Trust Co. now owns 33,500 shares of the company’s stock worth $1,710,000 after purchasing an additional 12,630 shares during the period. Bridges Investment Management Inc. boosted its position in APi Group by 15.4% during the second quarter. Bridges Investment Management Inc. now owns 70,610 shares of the company’s stock worth $3,605,000 after purchasing an additional 9,435 shares during the period. Knights of Columbus Asset Advisors LLC bought a new stake in APi Group during the second quarter worth approximately $718,000. Finally, Public Employees Retirement System of Ohio boosted its position in APi Group by 6.7% during the second quarter. Public Employees Retirement System of Ohio now owns 77,802 shares of the company’s stock worth $3,972,000 after purchasing an additional 4,919 shares during the period. Institutional investors own 86.62% of the company’s stock.

APi Group Stock Performance

Shares of NYSE APG opened at $34.30 on Friday. The business has a fifty day simple moving average of $35.02 and a 200 day simple moving average of $32.04. The company has a current ratio of 1.45, a quick ratio of 1.37 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $14.26 billion, a price-to-earnings ratio of 107.18 and a beta of 1.62. APi Group Corporation has a one year low of $20.50 and a one year high of $36.55.

APi Group (NYSE:APG) last issued its earnings results on Thursday, July 31st. The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. The business had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.88 billion. APi Group had a return on equity of 21.33% and a net margin of 3.35%.APi Group’s revenue was up 15.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.49 earnings per share. APi Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts expect that APi Group Corporation will post 1.83 EPS for the current year.

Insider Transactions at APi Group

In related news, Director James E. Lillie sold 190,000 shares of the company’s stock in a transaction on Monday, August 11th. The stock was sold at an average price of $34.88, for a total value of $6,627,200.00. Following the completion of the transaction, the director directly owned 7,443,101 shares in the company, valued at approximately $259,615,362.88. This represents a 2.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Ian G. H. Ashken sold 205,550 shares of the company’s stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $35.24, for a total value of $7,243,582.00. Following the completion of the transaction, the director owned 7,968,167 shares of the company’s stock, valued at $280,798,205.08. The trade was a 2.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,789,843 shares of company stock valued at $62,262,672. Company insiders own 17.00% of the company’s stock.

Wall Street Analyst Weigh In

APG has been the subject of a number of recent analyst reports. Zacks Research cut APi Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 15th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of APi Group in a research report on Wednesday, October 8th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $34.67 target price on shares of APi Group in a research report on Friday, June 27th. Barclays reaffirmed an “overweight” rating and set a $42.00 target price (up previously from $40.00) on shares of APi Group in a research report on Monday, August 4th. Finally, JPMorgan Chase & Co. upgraded APi Group from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $31.00 to $42.00 in a report on Tuesday, July 15th. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, APi Group currently has an average rating of “Moderate Buy” and an average price target of $36.10.

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.