Field & Main Bank bought a new stake in shares of AppLovin Corporation (NASDAQ:APP – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The firm bought 1,332 shares of the company’s stock, valued at approximately $957,000.
A number of other hedge funds also recently modified their holdings of the business. Revolve Wealth Partners LLC purchased a new position in shares of AppLovin during the fourth quarter valued at $294,000. Bison Wealth LLC acquired a new stake in AppLovin during the 4th quarter worth about $239,000. Integrated Wealth Concepts LLC grew its stake in AppLovin by 58.0% during the 1st quarter. Integrated Wealth Concepts LLC now owns 1,692 shares of the company’s stock valued at $448,000 after acquiring an additional 621 shares in the last quarter. ORG Partners LLC grew its stake in AppLovin by 146.5% during the 2nd quarter. ORG Partners LLC now owns 106 shares of the company’s stock valued at $36,000 after acquiring an additional 63 shares in the last quarter. Finally, V Square Quantitative Management LLC acquired a new position in shares of AppLovin in the 2nd quarter valued at about $70,000. Hedge funds and other institutional investors own 41.85% of the company’s stock.
Insider Buying and Selling
In related news, CTO Vasily Shikin sold 27,143 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $545.38, for a total value of $14,803,249.34. Following the completion of the sale, the chief technology officer directly owned 3,323,681 shares in the company, valued at approximately $1,812,669,143.78. The trade was a 0.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Arash Adam Foroughi sold 4,069 shares of the stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $497.50, for a total value of $2,024,327.50. Following the transaction, the chief executive officer owned 2,998,948 shares in the company, valued at approximately $1,491,976,630. This trade represents a 0.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 340,336 shares of company stock worth $200,062,623. Insiders own 13.66% of the company’s stock.
Key AppLovin News
- Positive Sentiment: Needham upgraded APP to Buy and set a $700 price target, citing an ecommerce growth inflection that could drive further revenue upside. Needham upgrade
- Positive Sentiment: Analyst coverage and consensus price targets remain well above recent levels (MarketBeat notes analyst targets implying substantial upside), which provides support amid the sell‑off. MarketBeat analyst outlook
- Positive Sentiment: Recent coverage from Zacks highlighted a session where APP outperformed the market, reflecting pockets of buyer interest despite headlines. Zacks note
- Neutral Sentiment: Public short‑interest posts for late January show anomalous “0 shares / NaN” entries and 0.0 days‑to‑cover — data appears erroneous and isn’t meaningful for current positioning. (Market liquidity remains high.)
- Neutral Sentiment: General coverage pieces (e.g., Yahoo’s Wall Street roundups) are debating bullish vs. bearish catalysts, which may amplify intraday volatility but don’t add new forensic evidence. Yahoo roundup
- Negative Sentiment: CapitalWatch’s short report accuses AppLovin of facilitating money‑laundering via shareholder‑linked entities; the report triggered a sharp sell‑off and is the primary driver of today’s downside. CapitalWatch report
- Negative Sentiment: AppLovin has publicly demanded CapitalWatch retract the report and called the allegations conspiratorial, but the controversy has attracted class‑action attention (Pomerantz investigation), increasing legal and reputational risk. CNBC coverage of company response Pomerantz investor alert
- Negative Sentiment: Public skeptics including media commentary and Jim Cramer emphasize APP’s high valuation (one of the market’s richer P/E multiples), which could deter momentum investors and deepen sell‑pressure while headline risk persists. Jim Cramer comments
AppLovin Stock Down 0.2%
AppLovin stock opened at $542.36 on Thursday. The company has a current ratio of 3.25, a quick ratio of 3.25 and a debt-to-equity ratio of 2.38. AppLovin Corporation has a 1-year low of $200.50 and a 1-year high of $745.61. The firm’s fifty day simple moving average is $635.31 and its 200-day simple moving average is $564.95. The company has a market capitalization of $183.29 billion, a P/E ratio of 65.82, a P/E/G ratio of 1.79 and a beta of 2.50.
AppLovin (NASDAQ:APP – Get Free Report) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $2.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.34 by $0.11. AppLovin had a net margin of 51.27% and a return on equity of 258.49%. The firm had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.34 billion. During the same period in the prior year, the company posted $1.29 earnings per share. AppLovin’s revenue for the quarter was up 68.2% on a year-over-year basis. Sell-side analysts forecast that AppLovin Corporation will post 6.87 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several analysts recently commented on APP shares. Weiss Ratings cut shares of AppLovin from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, January 15th. Deutsche Bank Aktiengesellschaft set a $705.00 target price on shares of AppLovin and gave the stock a “buy” rating in a research report on Wednesday, October 22nd. Needham & Company LLC raised shares of AppLovin from a “hold” rating to a “buy” rating and set a $700.00 target price for the company in a research note on Monday. Jefferies Financial Group upped their price target on shares of AppLovin from $800.00 to $860.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Finally, UBS Group set a $800.00 price objective on AppLovin in a report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $706.45.
Get Our Latest Research Report on APP
AppLovin Company 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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