S&CO Inc. Takes Position in AppLovin Corporation $APP

S&CO Inc. purchased a new position in AppLovin Corporation (NASDAQ:APP) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 675 shares of the company’s stock, valued at approximately $236,000.

Other large investors also recently bought and sold shares of the company. Hilltop National Bank acquired a new stake in AppLovin in the 2nd quarter valued at about $26,000. LFA Lugano Financial Advisors SA purchased a new stake in shares of AppLovin in the second quarter valued at approximately $26,000. SouthState Corp purchased a new stake in shares of AppLovin in the first quarter valued at approximately $29,000. Hoey Investments Inc. acquired a new stake in shares of AppLovin in the second quarter valued at approximately $35,000. Finally, Trust Co. of Vermont purchased a new position in AppLovin during the second quarter worth approximately $35,000. Hedge funds and other institutional investors own 41.85% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on APP. Bank of America upped their target price on AppLovin from $580.00 to $860.00 and gave the company a “buy” rating in a report on Wednesday, October 1st. Wedbush boosted their price target on shares of AppLovin from $745.00 to $800.00 and gave the company an “outperform” rating in a research report on Thursday. Phillip Securities raised shares of AppLovin to a “moderate buy” rating in a report on Monday, September 29th. Citigroup lifted their target price on shares of AppLovin from $600.00 to $850.00 and gave the stock a “buy” rating in a research note on Wednesday, October 1st. Finally, Oppenheimer set a $740.00 target price on shares of AppLovin in a report on Tuesday, October 7th. Twenty-one analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, AppLovin currently has a consensus rating of “Moderate Buy” and a consensus price target of $659.64.

Insider Activity at AppLovin

In related news, CEO Arash Adam Foroughi sold 90,000 shares of the business’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $421.04, for a total value of $37,893,600.00. Following the sale, the chief executive officer owned 2,620,054 shares in the company, valued at approximately $1,103,147,536.16. The trade was a 3.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Eduardo Vivas sold 125,000 shares of the firm’s stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $466.00, for a total value of $58,250,000.00. Following the transaction, the director owned 7,283,292 shares of the company’s stock, valued at $3,394,014,072. This trade represents a 1.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,159,138 shares of company stock valued at $516,256,695 over the last ninety days. 13.66% of the stock is owned by insiders.

AppLovin Trading Down 0.2%

Shares of APP stock opened at $619.93 on Monday. AppLovin Corporation has a 1-year low of $200.50 and a 1-year high of $745.61. The firm has a market cap of $209.69 billion, a PE ratio of 75.23, a price-to-earnings-growth ratio of 3.33 and a beta of 2.50. The company has a 50-day moving average of $604.87 and a two-hundred day moving average of $453.29. The company has a debt-to-equity ratio of 2.38, a current ratio of 3.25 and a quick ratio of 3.25.

AppLovin (NASDAQ:APP) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $2.45 EPS for the quarter, topping the consensus estimate of $2.34 by $0.11. The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. AppLovin had a net margin of 51.27% and a return on equity of 258.49%. The business’s revenue for the quarter was up 68.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.29 EPS. AppLovin has set its Q4 2025 guidance at EPS. On average, analysts predict that AppLovin Corporation will post 6.87 EPS for the current year.

AppLovin Profile

AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally. It operates through two segments, Software Platform and Apps. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; MAX, an in-app bidding software that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform that provides marketers with the visibility, insights, and tools needed to grow their apps from early stage to maturity; and Wurl, a connected TV platform, which distributes streaming video for content companies and provides advertising and publishing solutions through its AdPool, ContentDiscovery, and Global FAST Pass products.