Bailard Inc. Purchases 11,973 Shares of AppLovin Corporation $APP

Bailard Inc. lifted its position in shares of AppLovin Corporation (NASDAQ:APP) by 1,579.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,731 shares of the company’s stock after purchasing an additional 11,973 shares during the period. Bailard Inc.’s holdings in AppLovin were worth $4,457,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in APP. Legal Advantage Investments Inc. bought a new stake in shares of AppLovin in the second quarter valued at about $1,523,000. Aberdeen Group plc increased its position in AppLovin by 6.5% during the second quarter. Aberdeen Group plc now owns 114,180 shares of the company’s stock worth $39,972,000 after acquiring an additional 7,001 shares during the period. Park Avenue Securities LLC raised its stake in AppLovin by 30.6% in the 2nd quarter. Park Avenue Securities LLC now owns 20,890 shares of the company’s stock worth $7,313,000 after purchasing an additional 4,890 shares in the last quarter. IFM Investors Pty Ltd boosted its holdings in AppLovin by 15.6% in the 2nd quarter. IFM Investors Pty Ltd now owns 45,209 shares of the company’s stock valued at $15,827,000 after purchasing an additional 6,104 shares during the period. Finally, Lee Johnson Capital Management LLC boosted its holdings in AppLovin by 13.6% in the 2nd quarter. Lee Johnson Capital Management LLC now owns 12,449 shares of the company’s stock valued at $4,358,000 after purchasing an additional 1,491 shares during the period. 41.85% of the stock is currently owned by institutional investors.

Insider Activity at AppLovin

In related news, insider Victoria Valenzuela sold 35,000 shares of the stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $502.23, for a total value of $17,578,050.00. Following the completion of the transaction, the insider owned 269,955 shares of the company’s stock, valued at $135,579,499.65. This represents a 11.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CTO Vasily Shikin sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $437.57, for a total transaction of $13,127,100.00. Following the completion of the sale, the chief technology officer owned 3,360,104 shares in the company, valued at $1,470,280,707.28. This represents a 0.88% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 434,138 shares of company stock valued at $188,888,598 in the last quarter. 13.66% of the stock is owned by company insiders.

AppLovin Price Performance

AppLovin stock opened at $584.86 on Thursday. The company has a debt-to-equity ratio of 2.38, a quick ratio of 3.25 and a current ratio of 3.25. AppLovin Corporation has a 52 week low of $200.50 and a 52 week high of $745.61. The stock has a market capitalization of $197.83 billion, a P/E ratio of 70.98, a price-to-earnings-growth ratio of 3.19 and a beta of 2.50. The stock has a fifty day moving average of $612.54 and a 200-day moving average of $459.12.

AppLovin (NASDAQ:APP) last released its earnings results on Wednesday, November 5th. The company reported $2.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.34 by $0.11. The firm had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.34 billion. AppLovin had a return on equity of 258.49% and a net margin of 51.27%.The business’s revenue for the quarter was up 68.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.29 earnings per share. AppLovin has set its Q4 2025 guidance at EPS. On average, sell-side analysts expect that AppLovin Corporation will post 6.87 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on APP shares. Wall Street Zen downgraded shares of AppLovin from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. UBS Group lifted their price objective on AppLovin from $810.00 to $840.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Weiss Ratings raised AppLovin from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, November 7th. Needham & Company LLC restated a “hold” rating on shares of AppLovin in a research report on Tuesday, August 26th. Finally, Morgan Stanley boosted their price target on AppLovin from $480.00 to $750.00 and gave the company an “overweight” rating in a research note on Monday, September 29th. Twenty-one investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $658.27.

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.