Apollo-Affiliated 10% Owner Sells $52.8M in Taboola Shares
TBLA sits 75% above its 52-week low of $2.835.
Summary
A 10% owner, College Top Holdings, Inc., affiliated with Apollo Management and Yahoo Inc., sold 12 million shares of Taboola.com Ltd. for $52.8 million, following a prior intent to sell and concurrent with an updated Schedule 13D/A.
Key Events · Ownership and Investor Activity · TBLA
-
Significant Share Sale by 10% Owner
College Top Holdings, Inc., an entity affiliated with Apollo Management and Yahoo Inc., sold 12,000,000 shares of Taboola.com Ltd. in an open market transaction.
-
Substantial Transaction Value
The sale generated $52,800,000 in proceeds for the reporting owner.
-
Sale Price Below Current Market
The shares were sold at $4.40 per share, which is below the current stock price of $4.95.
-
Follows Prior Intent to Sell
This Form 4 reports the execution of a sale previously indicated by a Form 144 filing on May 29, 2026, and is concurrent with an updated Schedule 13D/A.
Analysis · TBLA · Technology
This Form 4 reports a significant open-market sale of 12 million shares by College Top Holdings, Inc., an entity affiliated with Apollo Management and Yahoo Inc., for $52.8 million. This transaction, executed on May 28, 2026, follows a Form 144 filing on May 29, 2026, which indicated an intent to sell these shares, and is concurrent with an updated Schedule 13D/A reflecting the change in ownership. While 10% owners often sell for portfolio rebalancing, a sale of this magnitude, especially after recent positive earnings news (May 6, 2026), could be interpreted negatively by the market as it removes a large block of shares from a major institutional holder. The sale price of $4.40 is below the current stock price of $4.95.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 29.2% of the 1498 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, TBLA was trading at $4.95 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.4B. The 52-week trading range was $2.84 to $5.26. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.