GAMMA Investing LLC grew its holdings in shares of AppLovin Corporation (NASDAQ:APP – Free Report) by 24.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 6,574 shares of the company’s stock after acquiring an additional 1,301 shares during the period. GAMMA Investing LLC’s holdings in AppLovin were worth $3,387,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. CoreCap Advisors LLC grew its stake in shares of AppLovin by 18.5% in the second quarter. CoreCap Advisors LLC now owns 269 shares of the company’s stock worth $139,000 after purchasing an additional 42 shares during the last quarter. Trilogy Capital Inc. raised its position in AppLovin by 48.5% during the 2nd quarter. Trilogy Capital Inc. now owns 10,625 shares of the company’s stock worth $5,474,000 after purchasing an additional 3,471 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in AppLovin by 15.6% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 717 shares of the company’s stock worth $369,000 after buying an additional 97 shares during the period. Versant Capital Management Inc grew its position in shares of AppLovin by 20.5% in the 2nd quarter. Versant Capital Management Inc now owns 1,039 shares of the company’s stock valued at $535,000 after buying an additional 177 shares during the last quarter. Finally, CX Institutional grew its position in shares of AppLovin by 160.7% in the 2nd quarter. CX Institutional now owns 636 shares of the company’s stock valued at $328,000 after buying an additional 392 shares during the last quarter. Institutional investors and hedge funds own 41.85% of the company’s stock.
Insider Transactions at AppLovin
In other news, CFO Matthew Stumpf sold 9,052 shares of AppLovin stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $600.00, for a total value of $5,431,200.00. Following the completion of the sale, the chief financial officer owned 177,450 shares in the company, valued at $106,470,000. The trade was a 4.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Eduardo Vivas sold 163,910 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $504.06, for a total transaction of $82,620,474.60. Following the transaction, the director owned 6,785,087 shares in the company, valued at $3,420,090,953.22. The trade was a 2.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 393,000 shares of company stock valued at $197,297,363. 12.81% of the stock is owned by insiders.
AppLovin Stock Down 0.5%
AppLovin (NASDAQ:APP – Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $3.76 EPS for the quarter, meeting the consensus estimate of $3.76. AppLovin had a return on equity of 219.37% and a net margin of 64.29%.The company had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.94 billion. During the same quarter in the prior year, the company earned $2.39 EPS. The firm’s revenue for the quarter was up 52.8% compared to the same quarter last year. Equities research analysts predict that AppLovin Corporation will post 15.93 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently issued reports on APP shares. Piper Sandler restated an “overweight” rating on shares of AppLovin in a research report on Tuesday, July 7th. JPMorgan Chase & Co. increased their target price on shares of AppLovin from $500.00 to $515.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Needham & Company LLC restated a “buy” rating and set a $700.00 price target on shares of AppLovin in a report on Thursday, May 28th. Wells Fargo & Company raised their price target on shares of AppLovin from $571.00 to $575.00 and gave the stock an “overweight” rating in a report on Tuesday, July 7th. Finally, Wedbush restated an “outperform” rating and issued a $640.00 price target on shares of AppLovin in a research report on Thursday, May 7th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, AppLovin currently has an average rating of “Moderate Buy” and a consensus target price of $672.18.
Get Our Latest Research Report on APP
More AppLovin News
Here are the key news stories impacting AppLovin this week:
- Positive Sentiment: AppLovin reported second-quarter adjusted earnings of $3.76 per share, in line with the broader consensus and above the $2.26 reported a year earlier. Revenue rose 52.8% year over year to approximately $1.924 billion, while the company posted a 64.29% net margin and 219.37% return on equity. AppLovin Announces Second Quarter 2026 Financial Results
- Neutral Sentiment: The results reinforce AppLovin’s continued expansion in mobile advertising and marketing, with investors also watching its broader opportunity in AI-powered advertising and e-commerce. However, the reports provided no major new operating detail that would offset the immediate guidance concerns. AppLovin Q2 2026 Earnings Preview
- Negative Sentiment: Second-quarter revenue fell short of Wall Street’s approximately $1.94 billion estimate. For a company valued on high growth expectations, the top-line miss was more significant to investors than the strong earnings performance. AppLovin reports second quarter revenue below Wall Street estimates
- Negative Sentiment: AppLovin’s third-quarter revenue outlook of roughly $2.07 billion to $2.10 billion was viewed as soft and slightly below analyst expectations. The cautious forecast raised concerns that growth could be decelerating, prompting a sharp after-hours selloff and weighing on the stock during the following session. AppLovin Second-Quarter Sales Gain, Gives Soft Third-Quarter Outlook
- Negative Sentiment: A law firm also announced an investigation into potential claims on behalf of AppLovin investors. This is an additional headline risk, although the earnings miss and guidance were the primary catalysts for the stock’s weakness. Investor Alert: Pomerantz Law Firm Investigates Claims on Behalf of AppLovin Investors
About AppLovin
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.
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