Hahn Capital Management LLC bought a new position in AppLovin Corporation (NASDAQ:APP – Free Report) during the third quarter, according to its most recent filing with the SEC. The firm bought 24,007 shares of the company’s stock, valued at approximately $6,972,000. AppLovin makes up 4.1% of Hahn Capital Management LLC’s investment portfolio, making the stock its 9th largest holding.
A number of other large investors also recently made changes to their positions in APP. State Street Corp increased its stake in shares of AppLovin by 28.3% in the second quarter. State Street Corp now owns 15,095,667 shares of the company’s stock worth $7,777,741,000 after purchasing an additional 3,328,338 shares in the last quarter. WCM Investment Management LLC grew its holdings in shares of AppLovin by 5.2% in the first quarter. WCM Investment Management LLC now owns 5,001,600 shares of the company’s stock worth $1,860,995,000 after purchasing an additional 245,290 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in AppLovin by 7.5% in 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 in the last quarter. Bank of New York Mellon Corp bought a new position in shares of AppLovin in the 2nd quarter worth about $730,015,000. Finally, Amundi increased its stake in AppLovin by 19.5% during the 2nd quarter. Amundi now owns 1,332,633 shares of the company’s stock valued at $686,612,000 after purchasing an additional 217,214 shares in the last quarter. 41.85% of the stock is owned by institutional investors.
AppLovin Trading Up 10.7%
Shares of AppLovin stock opened at $271.75 on Thursday. The stock has a market cap of $90.94 billion, a price-to-earnings ratio of 20.89, a PEG ratio of 0.55 and a beta of 2.51. AppLovin Corporation has a 12-month low of $225.19 and a 12-month high of $738.01. The company has a fifty day simple moving average of $290.82 and a 200-day simple moving average of $411.84. The company has a current ratio of 4.30, a quick ratio of 4.30 and a debt-to-equity ratio of 1.11.
AppLovin (NASDAQ:APP – Get Free Report) last announced its earnings results on Wednesday, November 4th. The company reported $4.30 EPS for the quarter, beating analysts’ consensus estimates of $4.03 by $0.27. AppLovin had a net margin of 64.58% and a return on equity of 193.10%. The business had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.07 billion. During the same period in the previous year, the company posted $2.45 EPS. The company’s quarterly revenue was up 55.5% on a year-over-year basis. On average, equities analysts forecast that AppLovin Corporation will post 15.61 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several research analysts have weighed in on APP shares. Phillip Securities upgraded shares of AppLovin from a “moderate buy” rating to a “strong-buy” rating and decreased their price target for the stock from $635.00 to $610.00 in a research report on Tuesday, August 11th. Oppenheimer cut their price target on AppLovin from $560.00 to $490.00 and set an “outperform” rating on the stock in a research note on Monday, October 12th. Bank of America cut shares of AppLovin from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $430.00 to $400.00 in a research note on Tuesday, August 11th. Royal Bank Of Canada dropped their price target on shares of AppLovin from $575.00 to $500.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 28th. Finally, William Blair set a $440.00 price objective on AppLovin in a research note on Monday, August 17th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, AppLovin has an average rating of “Moderate Buy” and an average target price of $493.25.
Get Our Latest Analysis on APP
Key AppLovin News
Here are the key news stories impacting AppLovin this week:
- Positive Sentiment: AppLovin reported Q3 adjusted earnings of $4.30 per share, above estimates of roughly $3.94–$4.03 and up from $2.45 a year earlier. Revenue of $2.18 billion also exceeded the $2.07 billion consensus. AppLovin Q3 earnings and revenues beat estimates
- Positive Sentiment: Management’s Q4 outlook reportedly topped expectations, reinforcing optimism that growth can continue. AppLovin also increased its share-repurchase authorization, adding a potential source of shareholder returns. Q3 results top estimates and Q4 outlook beats AppLovin ups buyback authorization
- Positive Sentiment: Net income rose 72% to about $1.44 billion, highlighting strong profitability, although free cash flow grew more slowly as cash tax payments increased. AppLovin earnings reaction
- Negative Sentiment: Several law firms publicized a securities class action covering investors who bought shares from February 12 to August 5, 2026. The complaint alleges AppLovin misrepresented AI-model progress and delays to its generative-AI video creative tool; the lead-plaintiff deadline is November 16. These are allegations, and the litigation adds uncertainty. Class action deadline alert
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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