Nomura Asset Management Co. Ltd. Has $29.24 Million Holdings in AppLovin Corporation $APP

Nomura Asset Management Co. Ltd. increased its position in shares of AppLovin Corporation (NASDAQ:APP) by 17.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 83,524 shares of the company’s stock after buying an additional 12,215 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in AppLovin were worth $29,240,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hilltop National Bank bought a new position in shares of AppLovin in the 2nd quarter valued at about $26,000. LFA Lugano Financial Advisors SA acquired a new stake in AppLovin in the 2nd quarter valued at about $26,000. SouthState Corp acquired a new stake in AppLovin in the 1st quarter valued at about $29,000. Hoey Investments Inc. bought a new position in AppLovin during the second quarter worth about $35,000. Finally, Trust Co. of Vermont acquired a new position in AppLovin during the second quarter worth approximately $35,000. 41.85% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other AppLovin news, insider Victoria Valenzuela sold 35,000 shares of the business’s stock in a transaction dated 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 sale, the insider owned 269,955 shares of the company’s stock, valued at $135,579,499.65. The trade was a 11.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Dawson Alyssa Harvey sold 200 shares of the stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $589.18, for a total transaction of $117,836.00. Following the transaction, the director owned 2,979 shares in the company, valued at approximately $1,755,167.22. The trade was a 6.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 430,844 shares of company stock worth $221,382,532. 13.66% of the stock is currently owned by insiders.

AppLovin Stock Performance

Shares of NASDAQ APP opened at $526.01 on Wednesday. The company has a debt-to-equity ratio of 2.38, a current ratio of 3.25 and a quick ratio of 3.25. The firm has a market cap of $177.77 billion, a price-to-earnings ratio of 63.84, a P/E/G ratio of 2.89 and a beta of 2.50. The stock’s fifty day moving average price is $614.21 and its two-hundred day moving average price is $467.63. AppLovin Corporation has a one year low of $200.50 and a one year high of $745.61.

AppLovin (NASDAQ:APP) last announced 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 company had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.34 billion. AppLovin had a net margin of 51.27% and a return on equity of 258.49%. AppLovin’s quarterly revenue 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, equities analysts forecast that AppLovin Corporation will post 6.87 EPS for the current year.

Analyst Upgrades and Downgrades

APP has been the subject of a number of recent analyst reports. Royal Bank Of Canada raised their price objective on AppLovin from $700.00 to $750.00 and gave the company an “outperform” rating in a research report on Thursday, November 6th. UBS Group increased their price target on AppLovin from $810.00 to $840.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Jefferies Financial Group lifted their price objective on shares of AppLovin from $560.00 to $615.00 and gave the stock a “buy” rating in a research report on Friday, September 5th. Scotiabank upped their price objective on shares of AppLovin from $575.00 to $750.00 and gave the company an “outperform” rating in a report on Thursday, November 6th. Finally, Citigroup cut their target price on shares of AppLovin from $850.00 to $820.00 and set a “buy” rating for the company in a research note on Wednesday, November 12th. 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. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $658.27.

AppLovin Company 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.