Flputnam Investment Management Co. Has $32.30 Million Position in AppLovin Corporation $APP

Posted by Geri Gentry on Aug 30th, 2026

Flputnam Investment Management Co. lessened its stake in shares of AppLovin Corporation (NASDAQ:APP – Free Report) by 7.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 62,694 shares of the company’s stock after selling 4,866 shares during the period. Flputnam Investment Management Co.’s holdings in AppLovin were worth $32,302,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. lifted its position in shares of AppLovin by 12.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 133,659 shares of the company’s stock valued at $68,865,000 after acquiring an additional 14,920 shares during the period. Rational Advisors Inc. increased its position in shares of AppLovin by 29.7% in the second quarter. Rational Advisors Inc. now owns 4,423 shares of the company’s stock worth $2,279,000 after purchasing an additional 1,012 shares during the period. Greenleaf Trust increased its position in shares of AppLovin by 5.8% in the second quarter. Greenleaf Trust now owns 3,540 shares of the company’s stock worth $1,824,000 after purchasing an additional 194 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in AppLovin by 7.5% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,735,471 shares of the company’s stock valued at $894,167,000 after purchasing an additional 121,605 shares in the last quarter. Finally, New Mexico Educational Retirement Board raised its stake in AppLovin by 8.9% in the second quarter. New Mexico Educational Retirement Board now owns 13,500 shares of the company’s stock valued at $6,956,000 after purchasing an additional 1,100 shares in the last quarter. 41.85% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $660.00 price objective on shares of AppLovin in a research note on Thursday, May 7th. Benchmark dropped their target price on shares of AppLovin from $500.00 to $440.00 and set a “buy” rating for the company in a research report on Monday, August 17th. Citigroup cut their price target on shares of AppLovin from $710.00 to $650.00 and set a “buy” rating for the company in a report on Friday, August 7th. Morgan Stanley reduced their price target on shares of AppLovin from $720.00 to $650.00 and set an “overweight” rating on the stock in a research report on Thursday, August 6th. Finally, Royal Bank Of Canada decreased their price objective on shares of AppLovin from $700.00 to $575.00 and set an “outperform” rating on the stock in a research note on Thursday, August 6th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, AppLovin has a consensus rating of “Moderate Buy” and a consensus target price of $552.74.

Get Our Latest Research Report on AppLovin

Insider Activity at AppLovin

In other AppLovin news, Director Maynard G. Webb, Jr. sold 3,076 shares of the business’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $521.29, for a total transaction of $1,603,488.04. Following the sale, the director owned 120,444 shares of the company’s stock, valued at approximately $62,786,252.76. The trade was a 2.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Victoria Valenzuela sold 20,000 shares of the business’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $565.89, for a total transaction of $11,317,800.00. Following the sale, the insider directly owned 243,961 shares in the company, valued at approximately $138,055,090.29. The trade was a 7.58% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 294,228 shares of company stock valued at $148,403,985 in the last quarter. 12.81% of the stock is owned by company insiders.

AppLovin Stock Performance

AppLovin stock opened at $317.76 on Friday. AppLovin Corporation has a 12-month low of $297.50 and a 12-month high of $745.61. 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 business’s 50-day moving average price is $409.53 and its two-hundred day moving average price is $444.27. The stock has a market cap of $106.34 billion, a PE ratio of 24.42, a P/E/G ratio of 0.64 and a beta of 2.54.

AppLovin (NASDAQ:APP – Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported $3.76 EPS for the quarter, hitting analysts’ consensus estimates of $3.76. AppLovin had a net margin of 64.58% and a return on equity of 193.10%. The firm had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.94 billion. During the same quarter in the prior year, the business earned $2.39 earnings per share. The business’s revenue for the quarter was up 52.8% compared to the same quarter last year. As a group, analysts expect that AppLovin Corporation will post 15.53 earnings per share for the current fiscal year.

AppLovin News Summary

Here are the key news stories impacting AppLovin this week:

Positive Sentiment: Options activity was unusually heavy, with traders purchasing 47,438 call options—about 32% above the average call volume. The activity may indicate renewed speculative interest or expectations for a recovery, although options flow is not a definitive forecast. Do Options Traders Know Something About AppLovin Stock We Don’t?
Positive Sentiment: AppLovin’s valuation has become more supportable after a roughly 54% year-to-date selloff. Its reported fundamentals remain strong, including 52.8% year-over-year revenue growth, a high net margin and substantial cash generation, helping fuel the value-oriented rebound thesis. AppLovin Rises After Year-to-Date Slide
Neutral Sentiment: A comparison with Meta Platforms highlights AppLovin’s faster percentage growth but Meta’s much larger scale. Investors are assessing whether AppLovin can sustain its growth advantage.
Negative Sentiment: Needham & Company lowered its expectations for AppLovin’s stock price, potentially limiting the recovery and reinforcing concerns about valuation or future growth.
Negative Sentiment: Recent analysis emphasizes that AppLovin has historically experienced sharper declines than the broader market. Another comparison found Coherent more attractive based on faster expected growth, stronger earnings-estimate momentum and a lower valuation, despite AppLovin’s superior margins and cash flow. AppLovin Stock Has Already Taken a Shock-Sized Fall

About AppLovin

(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.