Sumitomo Mitsui Trust Group Inc. reduced its position in shares of AppLovin Corporation (NASDAQ:APP – Free Report) by 5.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 532,426 shares of the company’s stock after selling 27,996 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in AppLovin were worth $154,632,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Revolve Wealth Partners LLC boosted its holdings in AppLovin by 2.8% in the 2nd quarter. Revolve Wealth Partners LLC now owns 851 shares of the company’s stock valued at $438,000 after purchasing an additional 23 shares during the last quarter. IMA Advisory Services Inc. increased its holdings in shares of AppLovin by 40.0% during the 1st quarter. IMA Advisory Services Inc. now owns 84 shares of the company’s stock worth $33,000 after buying an additional 24 shares during the last quarter. PFG Investments LLC raised its position in shares of AppLovin by 4.1% during the 1st quarter. PFG Investments LLC now owns 706 shares of the company’s stock valued at $281,000 after buying an additional 28 shares during the period. Sovran Advisors LLC raised its position in shares of AppLovin by 5.7% during the 1st quarter. Sovran Advisors LLC now owns 517 shares of the company’s stock valued at $206,000 after buying an additional 28 shares during the period. Finally, PCB Capital LLC lifted its holdings in AppLovin by 1.3% in the first quarter. PCB Capital LLC now owns 2,261 shares of the company’s stock valued at $900,000 after acquiring an additional 30 shares during the last quarter. 41.85% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about AppLovin
Here are the key news stories impacting AppLovin this week:
- Positive Sentiment: AppLovin continues to attract bullish attention from some Wall Street analysts. Its average brokerage recommendation remains equivalent to a Buy, while previously published price targets are substantially above the current trading level. AppLovin also delivered strong growth in 2025 and has expanded its software-based advertising business. Is AppLovin a Buy as Wall Street Analysts Look Optimistic?
- Positive Sentiment: Wurl, AppLovin’s subsidiary, launched a Content Intelligence Platform designed to improve transparency and measurement in connected-TV advertising. The initiative could support AppLovin’s expansion into additional digital-advertising channels. AppLovin Flags CTV Ad Transparency Gaps
- Neutral Sentiment: Institutional positioning is mixed: 712 investors added APP shares in their latest reported quarter, while 765 reduced positions. Large purchases by Invesco, Capital World Investors, and JPMorgan contrast with complete or sizable reductions by some other funds.
- Negative Sentiment: Investor concern has intensified ahead of the November 4 earnings report. Recent commentary points to stable rather than accelerating advertiser demand, more conservative estimates, and questions about whether improvements to AppLovin’s advertising models are continuing at the earlier pace. AppLovin Slides as Investors Weigh Slower Growth Signals
- Negative Sentiment: Multiple law firms reported a securities class action covering investors who purchased APP securities from February 12 through August 5, 2026. The allegations center on disclosures about AI advertising-model improvements and the readiness of AppLovin’s generative-AI video tool. The lead-plaintiff deadline is November 16, adding legal and reputational risk. AppLovin Faces Securities Fraud Class Action
- Negative Sentiment: Reported insider activity has consisted entirely of sales over the past six months, including sales by the CEO and chief technology officer. Although insider sales do not necessarily indicate deteriorating fundamentals, the pattern may weigh on sentiment while the stock remains well below its 52-week high.
Analyst Upgrades and Downgrades
Several research analysts recently weighed in on the company. Piper Sandler reiterated a “neutral” rating on shares of AppLovin in a research report on Friday, October 2nd. Deutsche Bank Aktiengesellschaft decreased their price target on AppLovin from $660.00 to $580.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Bank of America cut AppLovin from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $430.00 to $400.00 in a report on Tuesday, August 11th. UBS Group cut their price objective on AppLovin from $790.00 to $414.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Morgan Stanley reduced their price objective on shares of AppLovin from $450.00 to $400.00 and set an “overweight” rating on the stock in a report on Tuesday, October 13th. Three analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $491.64.
Get Our Latest Analysis on AppLovin
AppLovin Price Performance
NASDAQ:APP opened at $228.50 on Monday. The company has a quick ratio of 4.30, a current ratio of 4.30 and a debt-to-equity ratio of 1.11. The stock’s fifty day moving average is $294.20 and its two-hundred day moving average is $417.58. AppLovin Corporation has a 52 week low of $225.19 and a 52 week high of $738.01. The stock has a market capitalization of $76.47 billion, a price-to-earnings ratio of 17.56, a price-to-earnings-growth ratio of 0.51 and a beta of 2.51.
AppLovin (NASDAQ:APP – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $3.76 EPS for the quarter, hitting the consensus estimate 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 analyst estimates of $1.94 billion. During the same period last year, the business posted $2.39 earnings per share. The company’s quarterly revenue was up 52.8% on a year-over-year basis. Research analysts anticipate that AppLovin Corporation will post 15.61 EPS for the current year.
AppLovin 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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