Trek Financial LLC lessened its holdings in shares of AppLovin Corporation (NASDAQ:APP – Free Report) by 89.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,041 shares of the company’s stock after selling 8,589 shares during the quarter. Trek Financial LLC’s holdings in AppLovin were worth $701,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Mediolanum International Funds Ltd raised its stake in shares of AppLovin by 73.5% during the third quarter. Mediolanum International Funds Ltd now owns 76,736 shares of the company’s stock valued at $54,664,000 after acquiring an additional 32,510 shares during the last quarter. Thames Capital Management LLC raised its stake in shares of AppLovin by 114.8% during the third quarter. Thames Capital Management LLC now owns 16,702 shares of the company’s stock valued at $12,001,000 after acquiring an additional 8,925 shares during the last quarter. CIBC Asset Management Inc raised its stake in shares of AppLovin by 14.8% during the third quarter. CIBC Asset Management Inc now owns 117,126 shares of the company’s stock valued at $84,160,000 after acquiring an additional 15,074 shares during the last quarter. Allworth Financial LP raised its stake in shares of AppLovin by 131.7% during the third quarter. Allworth Financial LP now owns 6,049 shares of the company’s stock valued at $4,347,000 after acquiring an additional 3,438 shares during the last quarter. Finally, APG Asset Management N.V. bought a new position in shares of AppLovin during the third quarter valued at $4,958,000. Institutional investors and hedge funds own 41.85% of the company’s stock.
AppLovin Trading Down 7.6%
NASDAQ:APP opened at $453.53 on Thursday. The company has a current ratio of 3.24, a quick ratio of 3.24 and a debt-to-equity ratio of 1.49. The stock has a market capitalization of $152.97 billion, a price-to-earnings ratio of 38.96, a PEG ratio of 0.80 and a beta of 2.37. The firm has a fifty day simple moving average of $445.97 and a two-hundred day simple moving average of $530.27. AppLovin Corporation has a 12 month low of $320.00 and a 12 month high of $745.61.
Analyst Ratings Changes
A number of brokerages recently weighed in on APP. Wedbush reissued an “outperform” rating and set a $640.00 target price on shares of AppLovin in a research note on Thursday, May 7th. Zacks Research downgraded shares of AppLovin from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 12th. Oppenheimer lowered their target price on shares of AppLovin from $740.00 to $660.00 and set an “outperform” rating for the company in a research note on Thursday, March 5th. Royal Bank Of Canada reissued an “outperform” rating and set a $700.00 target price on shares of AppLovin in a research note on Thursday, February 12th. Finally, Weiss Ratings downgraded shares of AppLovin from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, May 7th. One equities 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, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $664.35.
View Our Latest Analysis on AppLovin
Insider Buying and Selling
In related news, CTO Vasily Shikin sold 5,231 shares of AppLovin stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $477.47, for a total transaction of $2,497,645.57. Following the sale, the chief technology officer directly owned 30,658 shares in the company, valued at approximately $14,638,275.26. This trade represents a 14.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Eduardo Vivas sold 163,910 shares of AppLovin stock in a transaction on Monday, March 16th. The stock was sold at an average price of $453.49, for a total value of $74,331,545.90. Following the sale, the director owned 6,969,382 shares in the company, valued at $3,160,545,043.18. This trade represents a 2.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 365,244 shares of company stock worth $169,584,607. 13.66% of the stock is owned by company insiders.
Key Headlines Impacting AppLovin
Here are the key news stories impacting AppLovin this week:
- Positive Sentiment: Wolfe Research reiterated an Outperform rating on AppLovin and raised its price target to $580 from $575, citing the company’s strong first-quarter 2026 results and momentum in growth and profitability. Robust Revenue and Earnings Growth Assert AppLovin Corporation (APP) as a Top Tech Stock in Louis Navellier’s Portfolio
- Positive Sentiment: Several recent pieces continue to frame AppLovin as an AI-driven growth winner, with investors focusing on its rapidly surging revenue and improving earnings profile. Is AppLovin Stock a Buy as Revenue Continues to Surge?
- Positive Sentiment: AppLovin was also mentioned among stock picks discussed by hedge fund managers at the Sohn Investment Conference, adding to the perception that sophisticated investors remain interested in the name. AppLovin and 6 More Stock Picks by Einhorn and Other Hedge Fund Managers
- Neutral Sentiment: Analyst questions from AppLovin’s Q1 earnings call suggest investors are still digging into how sustainable the company’s growth and margin expansion will be. 5 insightful analyst questions from AppLovin’s Q1 earnings call
- Neutral Sentiment: A comparison of AppLovin and The Trade Desk highlights diverging revenue trajectories in digital advertising, but the article is mainly informational rather than a direct catalyst. The Trade Desk vs. AppLovin: What Do Their Quarterly Revenue Trajectories Tell Investors?
- Negative Sentiment: One broader market note warned that the AI rally may have gone too far in some names, which could pressure sentiment toward AI-adjacent stocks like AppLovin if investors become more selective. AI Rally May Have Gone Too Far With Some Stocks Up 70% in a Month
AppLovin Profile
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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