Franklin Martin E sells APi Group shares for $122.64 million

NodeGuardian · 2026-04-04T04:02:50+00:00

Franklin Martin E, a director of APi Group Corp, sold 3 million shares for $122.64 million at $40.88 each after a 64% share price increase. RBC Capital raised APG's price target to $53, citing strong earnings and market demand.

NodeGuardian

2026-04-04 04:02:50

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Franklin Martin E, a ten percent owner and director of APi Group Corp (NYSE:APG), sold 3,000,000 shares for $122.64 million at $40.88 per share. This transaction occurred after APG shares gained 64% over the past year, with the company also exceeding Q4 2025 earnings and revenue expectations. RBC Capital has raised its price target for APi Group to $53, maintaining an Outperform rating due to a strong backlog and favorable market demand.

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