APG APi Group Corp
Price Chart
Executive Summary
Two APG directors sold a combined $14.06M in open-market sales over two days, immediately following the company's record Q1 earnings beat and raised guidance. While the dollar amount is modest relative to APG's $19.8B market cap (0.07%), the timing—right after a bullish earnings release—raises questions about insider conviction at current levels. Historical calibration on this ticker shows past bullish calls have underperformed, with a T+20 win rate of only 25%.
Key Financial Metrics
Actionable Insight
The selling is modest relative to market cap and involves only directors, not C-suite executives—reducing its signal value. However, the cluster's proximity to a strong earnings beat is unusual; typically insiders hold after good news. Monitor for any Form 4 filings from CEO/CFO in the coming weeks; if C-suite joins the selling, the signal escalates. For now, treat as routine portfolio diversification with no actionable trade trigger.
Key Facts
- Two directors (Ashken and Lillie) sold $14.06M in open-market sales on May 4-5, 2026
- Sales occurred 6 days after APG reported record Q1 2026: revenue +15.3% YoY, adjusted EBITDA +21.8%, raised full-year guidance
- Total insider sales represent ~0.07% of APG's $19.8B market cap—trivial relative to company size
- No insider buying in the cluster; all transactions were open-market sales
- Prior 30-day insider activity showed $18.4M in sales, consistent with ongoing director-level selling
Financial Impact
$14.06M in insider sales, representing 0.07% of market cap
Risk Factors
- Insider selling after strong earnings could indicate management sees limited near-term upside at current valuation
- Historical calibration shows APG bullish calls have underperformed; the stock may be fully priced
- No insider buying to offset the selling—unidirectional selling pattern
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-APG-1778107616497 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
2d ago
|
Institutional Cluster
| $41.38 awaiting T+20 | awaiting T+20 | — | $42.34 (+2.33%) |
|
Jun 9, 2026
3d ago
|
8-K
| $42.51 awaiting T+20 | awaiting T+20 | — | $42.34 (−0.39%) |
|
May 4, 2026
5w ago
|
Insider Cluster
| $44.67 $40.59 | ▼ −9.13% | ▼ −14.78% | $42.34 (−5.22%) |
|
Apr 30, 2026
6w ago
|
S-3ASR
| $45.72 $41.58 | ▼ −9.06% | ▼ −14.02% | $42.34 (−7.39%) |
|
Apr 30, 2026
6w ago
|
8-K
| $45.72 $41.00 | ▼ −10.32% | ▼ −15.55% | $42.34 (−7.39%) |
|
Apr 3, 2026
10w ago
|
DEFA14A
| $42.21 $44.67 | ▲ +5.83% | ▼ −3.15% | $42.34 (+0.31%) |
|
Feb 26, 2026
15w ago
|
Insider Cluster
| $45.13 $40.77 | ▼ −9.66% | ▼ −3.26% | $42.34 (−6.18%) |
|
Feb 25, 2026
15w ago
|
8-K
| $44.76 $42.16 | ▼ −5.81% | ▼ −0.57% | $42.34 (−5.41%) |
US Market Status
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