Capital World Investors Buys 143,361 Shares of AppLovin Corporation $APP

Posted by Brenda Bartman on Jun 7th, 2026

Capital World Investors lifted its stake in shares of AppLovin Corporation (NASDAQ:APP – Free Report) by 5.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 2,778,549 shares of the company’s stock after acquiring an additional 143,361 shares during the quarter. Capital World Investors’ holdings in AppLovin were worth $1,872,242,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Board of the Pension Protection Fund bought a new stake in AppLovin in the fourth quarter worth $27,000. Washington Trust Advisors Inc. lifted its stake in AppLovin by 160.0% in the fourth quarter. Washington Trust Advisors Inc. now owns 39 shares of the company’s stock worth $27,000 after purchasing an additional 24 shares during the last quarter. Laurel Wealth Advisors LLC bought a new stake in AppLovin in the fourth quarter worth $32,000. CBIZ Investment Advisory Services LLC lifted its stake in AppLovin by 58.6% in the third quarter. CBIZ Investment Advisory Services LLC now owns 46 shares of the company’s stock worth $33,000 after purchasing an additional 17 shares during the last quarter. Finally, Graney & King LLC bought a new stake in AppLovin in the third quarter worth $36,000. 41.85% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Morgan Stanley reissued an “overweight” rating on shares of AppLovin in a research note on Wednesday, May 27th. Jefferies Financial Group lowered their price target on shares of AppLovin from $860.00 to $700.00 and set a “buy” rating for the company in a research note on Thursday, February 12th. Piper Sandler boosted their price target on shares of AppLovin from $650.00 to $665.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. JPMorgan Chase & Co. boosted their price target on shares of AppLovin from $500.00 to $515.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Finally, Wedbush reissued an “outperform” rating and issued a $640.00 price target on shares of AppLovin in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, AppLovin currently has an average rating of “Moderate Buy” and a consensus price target of $664.35.

Get Our Latest Stock Analysis on AppLovin

AppLovin Stock Down 0.3%

Shares of NASDAQ:APP opened at $557.20 on Friday. AppLovin Corporation has a 1 year low of $320.00 and a 1 year high of $745.61. The company has a market cap of $187.19 billion, a PE ratio of 47.87, a P/E/G ratio of 0.91 and a beta of 2.45. The company has a debt-to-equity ratio of 1.49, a current ratio of 3.24 and a quick ratio of 3.24. The stock’s 50-day moving average is $470.43 and its 200 day moving average is $521.43.

AppLovin (NASDAQ:APP – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $3.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.44 by $0.12. AppLovin had a return on equity of 219.37% and a net margin of 64.29%.The company had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.77 billion. During the same quarter in the previous year, the business earned $1.67 EPS. AppLovin’s revenue was up 58.9% compared to the same quarter last year. Sell-side analysts anticipate that AppLovin Corporation will post 15.86 EPS for the current year.

Insiders Place Their Bets

In related news, CTO Vasily Shikin sold 62,804 shares of the business’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $486.43, for a total transaction of $30,549,749.72. Following the transaction, the chief technology officer owned 3,255,273 shares in the company, valued at $1,583,462,445.39. The trade was a 1.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Eduardo Vivas sold 163,910 shares of the business’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $453.49, for a total transaction of $74,331,545.90. Following the transaction, the director owned 6,969,382 shares in the company, valued at $3,160,545,043.18. This represents a 2.30% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 467,092 shares of company stock worth $220,268,340 in the last quarter. 13.66% of the stock is currently owned by company insiders.

AppLovin Profile

(Free Report)

AppLovin Corporation is a Palo Alto–based mobile technology company that provides software and services to help app developers grow and monetize their businesses. The company operates a data-driven advertising and marketing platform that connects app publishers and advertisers, delivering tools for user acquisition, monetization, analytics and creative optimization. AppLovin’s technology is integrated into a broad set of mobile applications through software development kits (SDKs) and ad products designed to maximize revenue and engagement for developers.

Key components of AppLovin’s offering include an ad mediation and exchange platform that enables publishers to manage and monetize inventory across multiple demand sources, and a user-acquisition platform that helps advertisers target and scale campaigns.