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Apollo Stockholders, including Prime Security Services TopCo (ML), L.P. and Prime Security Services TopCo (ML II), L.P., sold 71,000,000 shares of ADT Inc. (NYSE:ADT) common stock on July 28, 2025, at a price of $8.31, according to a Form 4 filing with the Securities and Exchange Commission. The total value of the transaction was $590,010,000. The sale represents approximately 4x the stock’s average daily trading volume of 17.8 million shares. According to InvestingPro analysis, ADT currently appears undervalued with strong financial health metrics.
Following the reported transaction, the Apollo Stockholders still hold 112,650,366 shares of ADT Inc. (NYSE:ADT). The company, with a market capitalization of $6.9 billion, has demonstrated solid performance with a 22.7% year-to-date return. Get deeper insights into ADT’s valuation and growth potential with InvestingPro’s comprehensive research report, which includes detailed analysis of the company’s financial health and future prospects.
In other recent news, ADT Inc. reported a strong second-quarter performance with a 7% increase in revenue, totaling $1.3 billion. The company also raised its adjusted earnings per share (EPS) guidance for the year, signaling confidence in its strategic initiatives. In a separate development, affiliates of Apollo Global Management (NYSE:APO), Inc. announced plans to sell 71 million shares of ADT’s common stock in a secondary public offering. The offering is expected to close on July 28, 2025, pending customary conditions. Underwriters have been granted a 30-day option to purchase an additional 10.65 million shares from the selling stockholders. These recent developments highlight significant financial movements and strategic decisions within ADT.
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