Maxi Investments CY Ltd trimmed its position in AppLovin Corporation (NASDAQ:APP – Free Report) by 12.4% during the 3rd quarter, Holdings Channel.com reports. The fund owned 27,500 shares of the company’s stock after selling 3,884 shares during the period. AppLovin accounts for 1.5% of Maxi Investments CY Ltd’s investment portfolio, making the stock its 17th biggest holding. Maxi Investments CY Ltd’s holdings in AppLovin were worth $7,987,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. State Street Corp boosted its holdings in AppLovin by 28.3% in the second quarter. State Street Corp now owns 15,095,667 shares of the company’s stock valued at $7,777,741,000 after purchasing an additional 3,328,338 shares during the last quarter. WCM Investment Management LLC grew its stake in AppLovin by 5.2% in the 1st quarter. WCM Investment Management LLC now owns 5,001,600 shares of the company’s stock valued at $1,860,995,000 after acquiring an additional 245,290 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of AppLovin by 7.5% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,735,471 shares of the company’s stock worth $894,167,000 after purchasing an additional 121,605 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in shares of AppLovin during the second quarter valued at approximately $730,015,000. Finally, Amundi boosted its stake in shares of AppLovin by 19.5% in the second quarter. Amundi now owns 1,332,633 shares of the company’s stock worth $686,612,000 after acquiring an additional 217,214 shares during the last quarter. 41.85% of the stock is owned by hedge funds and other institutional investors.
AppLovin Stock Performance
NASDAQ APP opened at $260.74 on Tuesday. The stock’s fifty day moving average is $298.85 and its two-hundred day moving average is $425.33. The firm has a market capitalization of $87.26 billion, a P/E ratio of 20.04, a price-to-earnings-growth ratio of 0.54 and a beta of 2.56. The company has a debt-to-equity ratio of 1.11, a quick ratio of 4.30 and a current ratio of 4.30. AppLovin Corporation has a fifty-two week low of $255.46 and a fifty-two week high of $738.01.
AppLovin (NASDAQ:APP – Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $3.76 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $3.76. AppLovin had a return on equity of 193.10% and a net margin of 64.58%. The business had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same period last year, the company earned $2.39 EPS. The company’s revenue for the quarter was up 52.8% on a year-over-year basis. On average, research analysts anticipate that AppLovin Corporation will post 15.67 earnings per share for the current year.
Key AppLovin News
Here are the key news stories impacting AppLovin this week:
- Positive Sentiment: AppLovin’s Q2 revenue increased 52.8% year over year to $1.92 billion, while third-quarter guidance reportedly implies approximately 46%–48% growth. One UBS analyst believes the stock could potentially triple, suggesting significant upside if the company’s AI-driven advertising platform continues to scale. Down 56% In Last 12 Months, Can AppLovin Stock Give Better Returns in 2026? AppLovin Has Dropped 60% in 2026: One Wall Street Pro is Convinced It Will Triple in Price
- Neutral Sentiment: A reported short-interest update showed zero shares sold short and a 0.0-day short-interest ratio based on average daily volume of about 5.1 million shares. That reading indicates no measurable short-selling pressure, although the “large increase” description conflicts with the stated zero-share figure and may reflect a data or reporting error.
- Negative Sentiment: Several law firms are publicizing a securities-fraud class action against AppLovin for investors who purchased shares between February 12 and August 5, 2026. The allegations center on potentially misleading statements about AI model improvements, projected AI-product revenue, and the rollout of AppLovin’s generative-AI video tool. The lead-plaintiff deadline is November 16, 2026. These notices add legal and reputational risk and reinforce investor concerns following a July analyst report and AppLovin’s August 5 earnings release. Kaplan Fox AppLovin Lawsuit Notice AppLovin Shareholder Notice
Analysts Set New Price Targets
APP has been the subject of several recent research reports. Bank of America reissued a “neutral” rating and issued a $400.00 price objective (down from $430.00) on shares of AppLovin in a research note on Tuesday, August 11th. Wedbush lowered their target price on shares of AppLovin from $610.00 to $560.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 14th. UBS Group dropped their target price on shares of AppLovin from $798.00 to $790.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Morgan Stanley decreased their price target on shares of AppLovin from $450.00 to $400.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 13th. Finally, Evercore restated an “outperform” rating and set a $510.00 price target (down from $630.00) on shares of AppLovin in a research report on Tuesday, September 1st. Three research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $507.75.
Check Out Our Latest Report on AppLovin
AppLovin Company Profile
AppLovin Corporation is a technology company that provides software and services designed to help mobile application developers grow, monetize and operate their businesses. Its platform supports user acquisition, advertising, mediation, analytics and other functions across the mobile app ecosystem.
The company’s principal products include AppDiscovery, which helps developers market their applications and acquire users; MAX, an in-app bidding and monetization platform; and its AXON technology, an artificial intelligence-powered engine intended to improve advertising performance and match users with relevant applications and content.
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