Erste Asset Management GmbH Cuts Stock Position in AppLovin Corporation $APP

Posted by Stanley Muller on Jun 9th, 2026

Erste Asset Management GmbH cut its holdings in AppLovin Corporation (NASDAQ:APP – Free Report) by 28.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,104 shares of the company’s stock after selling 4,426 shares during the quarter. Erste Asset Management GmbH’s holdings in AppLovin were worth $7,760,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Deepwater Asset Management LLC boosted its stake in AppLovin by 27.6% during the fourth quarter. Deepwater Asset Management LLC now owns 24,707 shares of the company’s stock worth $16,648,000 after buying an additional 5,337 shares during the period. O Shaughnessy Asset Management LLC boosted its stake in AppLovin by 2.1% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 64,659 shares of the company’s stock worth $43,569,000 after buying an additional 1,322 shares during the period. Manchester Capital Management LLC boosted its stake in AppLovin by 54.8% during the fourth quarter. Manchester Capital Management LLC now owns 195 shares of the company’s stock worth $131,000 after buying an additional 69 shares during the period. IMA Advisory Services Inc. boosted its stake in AppLovin by 185.7% during the fourth quarter. IMA Advisory Services Inc. now owns 60 shares of the company’s stock worth $40,000 after buying an additional 39 shares during the period. Finally, Syon Capital LLC purchased a new position in AppLovin during the fourth quarter worth $464,000. 41.85% of the stock is owned by hedge funds and other institutional investors.

AppLovin Stock Up 1.2%

NASDAQ:APP opened at $563.69 on Tuesday. AppLovin Corporation has a twelve month low of $320.00 and a twelve month high of $745.61. The company has a market cap of $189.37 billion, a price-to-earnings ratio of 48.43, a price-to-earnings-growth ratio of 0.91 and a beta of 2.45. The stock has a fifty day simple moving average of $473.88 and a 200-day simple moving average of $521.57. The company has a current ratio of 3.24, a quick ratio of 3.24 and a debt-to-equity ratio of 1.49.

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

Analyst Upgrades and Downgrades

Several research firms have commented on APP. UBS Group dropped their price objective on shares of AppLovin from $740.00 to $716.00 and set a “buy” rating for the company in a research note on Thursday, May 7th. Wedbush reaffirmed an “outperform” rating and set a $640.00 price objective on shares of AppLovin in a research note on Thursday, May 7th. Weiss Ratings lowered shares of AppLovin from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, May 7th. Jefferies Financial Group dropped their price objective 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. Finally, Scotiabank lifted their price objective on shares of AppLovin from $750.00 to $775.00 and gave the stock an “outperform” rating in a research note on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $664.35.

Read Our Latest Report on APP

Insider Transactions at AppLovin

In related news, insider Victoria Valenzuela sold 20,000 shares of AppLovin stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $565.89, for a total value of $11,317,800.00. Following the completion of the sale, the insider directly owned 243,961 shares in the company, valued at $138,055,090.29. The trade was a 7.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Eduardo Vivas sold 163,910 shares of AppLovin stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $453.49, for a total value of $74,331,545.90. Following the completion of the sale, the director owned 6,969,382 shares of the company’s stock, valued at $3,160,545,043.18. The trade was a 2.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 397,372 shares of company stock valued at $187,943,603 over the last three months. 13.66% of the stock is currently owned by corporate insiders.

AppLovin Company 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.