North Dakota State Investment Board Purchases New Shares in APi Group Corporation $APG

Posted by Francis Steltz on May 22nd, 2026

North Dakota State Investment Board purchased a new stake in shares of APi Group Corporation (NYSE:APG – Free Report) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 12,972 shares of the company’s stock, valued at approximately $496,000.

Several other hedge funds also recently made changes to their positions in APG. Sound Income Strategies LLC bought a new stake in shares of APi Group during the fourth quarter valued at approximately $27,000. Clearstead Advisors LLC boosted its position in shares of APi Group by 105.7% during the third quarter. Clearstead Advisors LLC now owns 831 shares of the company’s stock valued at $29,000 after purchasing an additional 427 shares in the last quarter. Silicon Valley Capital Partners boosted its holdings in APi Group by 50.0% in the third quarter. Silicon Valley Capital Partners now owns 858 shares of the company’s stock worth $29,000 after acquiring an additional 286 shares in the last quarter. Parallel Advisors LLC boosted its holdings in APi Group by 55.3% in the third quarter. Parallel Advisors LLC now owns 834 shares of the company’s stock worth $29,000 after acquiring an additional 297 shares in the last quarter. Finally, Cornerstone Planning Group LLC boosted its holdings in APi Group by 14,720.0% in the fourth quarter. Cornerstone Planning Group LLC now owns 741 shares of the company’s stock worth $31,000 after acquiring an additional 736 shares in the last quarter. 86.62% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Robert W. Baird set a $52.00 target price on APi Group in a report on Friday, May 1st. UBS Group boosted their target price on APi Group from $54.00 to $56.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Barclays reissued an “overweight” rating and issued a $54.00 target price (up from $52.00) on shares of APi Group in a report on Thursday, May 7th. Citigroup reissued a “buy” rating and issued a $53.00 target price (up from $52.00) on shares of APi Group in a report on Friday, May 1st. Finally, Wall Street Zen raised APi Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $52.14.

Get Our Latest Stock Analysis on APG

APi Group Stock Down 1.2%

APG stock opened at $41.56 on Friday. APi Group Corporation has a 1-year low of $30.00 and a 1-year high of $49.99. The business has a fifty day moving average price of $43.67 and a 200-day moving average price of $41.75. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.44 and a quick ratio of 1.36. The stock has a market capitalization of $18.00 billion, a P/E ratio of -58.53, a P/E/G ratio of 2.47 and a beta of 1.67.

APi Group (NYSE:APG – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.02. APi Group had a return on equity of 37.63% and a net margin of 3.85%.The firm had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $1.92 billion. During the same quarter in the previous year, the business earned $0.37 earnings per share. The company’s revenue was up 15.3% on a year-over-year basis. Equities analysts forecast that APi Group Corporation will post 1.7 earnings per share for the current fiscal year.

Insider Transactions at APi Group

In other news, Director Martin E. Franklin sold 3,000,000 shares of the business’s stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $40.88, for a total value of $122,640,000.00. Following the completion of the transaction, the director owned 21,240,426 shares in the company, valued at $868,308,614.88. The trade was a 12.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director James E. Lillie sold 225,539 shares of the business’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $44.87, for a total value of $10,119,934.93. Following the completion of the transaction, the director owned 9,296,811 shares of the company’s stock, valued at $417,147,909.57. This represents a 2.37% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 5,126,000 shares of company stock worth $217,071,030 over the last quarter. 18.70% of the stock is currently owned by insiders.

APi Group Company Profile

(Free Report)

APi Group Corp. is a global specialty contractor that provides fire protection, security, mechanical insulation and energy services to commercial, industrial and institutional clients. Headquartered in New Brighton, Minnesota, the company designs, installs, inspects, tests, maintains and repairs a wide range of safety and infrastructure systems. Through its network of operating subsidiaries, APi Group delivers end-to-end solutions for new construction, facility renovations and ongoing maintenance requirements.

Its service portfolio spans life safety and industrial services—such as fire suppression systems, fire alarms and emergency lighting—and specialized offerings including technical insulation, access solutions, passive fire protection and energy efficiency upgrades.