Union Bancaire Privee UBP SA Makes New Investment in APi Group Corporation $APG

Union Bancaire Privee UBP SA acquired a new position in shares of APi Group Corporation (NYSE:APG) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 52,382 shares of the company’s stock, valued at approximately $2,674,000.

A number of other hedge funds have also recently added to or reduced their stakes in APG. SVB Wealth LLC bought a new stake in APi Group during the 1st quarter worth about $38,000. GAMMA Investing LLC boosted its stake in shares of APi Group by 105.5% in the 1st quarter. GAMMA Investing LLC now owns 1,529 shares of the company’s stock valued at $55,000 after purchasing an additional 785 shares during the last quarter. Versant Capital Management Inc boosted its stake in shares of APi Group by 339.0% in the 1st quarter. Versant Capital Management Inc now owns 1,633 shares of the company’s stock valued at $58,000 after purchasing an additional 1,261 shares during the last quarter. First Horizon Advisors Inc. boosted its stake in shares of APi Group by 40.5% in the 1st quarter. First Horizon Advisors Inc. now owns 1,672 shares of the company’s stock valued at $60,000 after purchasing an additional 482 shares during the last quarter. Finally, Financiere des Professionnels Fonds d investissement inc. bought a new position in shares of APi Group in the 2nd quarter valued at about $98,000. Institutional investors own 86.62% of the company’s stock.

Insider Buying and Selling at APi Group

In other news, Director James E. Lillie sold 95,000 shares of APi Group stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $35.23, for a total value of $3,346,850.00. Following the sale, the director directly owned 7,348,101 shares in the company, valued at $258,873,598.23. This trade represents a 1.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO James Arseniadis sold 4,843 shares of the firm’s stock in a transaction on Monday, August 4th. The shares were sold at an average price of $35.38, for a total transaction of $171,345.34. Following the completion of the transaction, the chief accounting officer directly owned 12,116 shares of the company’s stock, valued at $428,664.08. This represents a 28.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,789,843 shares of company stock valued at $62,262,672 over the last ninety days. 17.00% of the stock is currently owned by company insiders.

APi Group Price Performance

NYSE APG opened at $34.37 on Wednesday. The company has a quick ratio of 1.37, a current ratio of 1.45 and a debt-to-equity ratio of 0.87. APi Group Corporation has a 12-month low of $20.50 and a 12-month high of $36.55. The company has a market capitalization of $14.29 billion, a PE ratio of 107.41 and a beta of 1.61. The firm’s 50 day moving average is $35.09 and its 200-day moving average is $31.14.

APi Group (NYSE:APG) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. APi Group had a net margin of 3.35% and a return on equity of 21.33%. The company had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.88 billion. During the same period last year, the company earned $0.49 earnings per share. The firm’s revenue was up 15.0% compared to the same quarter last year. APi Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts anticipate that APi Group Corporation will post 1.83 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on APG. Barclays reaffirmed an “overweight” rating and issued a $42.00 target price (up previously from $40.00) on shares of APi Group in a research note on Monday, August 4th. Wall Street Zen raised shares of APi Group from a “hold” rating to a “buy” rating in a research note on Sunday, July 13th. Zacks Research lowered shares of APi Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 15th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $34.67 target price on shares of APi Group in a research note on Friday, June 27th. Finally, JPMorgan Chase & Co. raised shares of APi Group from a “neutral” rating to an “overweight” rating and raised their target price for the company from $31.00 to $42.00 in a research note on Tuesday, July 15th. Eight investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, APi Group has an average rating of “Moderate Buy” and an average target price 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.