9,104 Shares in AppLovin Corporation $APP Bought by Vise Technologies Inc.

Vise Technologies Inc. acquired a new position in shares of AppLovin Corporation (NASDAQ:APP) during the second quarter, HoldingsChannel.com reports. The fund acquired 9,104 shares of the company’s stock, valued at approximately $3,187,000.

Other large investors have also modified their holdings of the company. Hilltop National Bank purchased a new position in shares of AppLovin in the second quarter valued at $26,000. LFA Lugano Financial Advisors SA purchased a new stake in AppLovin during the 2nd quarter worth approximately $26,000. SouthState Corp acquired a new position in shares of AppLovin in the 1st quarter valued at approximately $29,000. Hoey Investments Inc. purchased a new position in shares of AppLovin during the 2nd quarter valued at approximately $35,000. Finally, Trust Co. of Vermont acquired a new stake in shares of AppLovin during the second quarter worth approximately $35,000. Institutional investors and hedge funds own 41.85% of the company’s stock.

AppLovin Stock Performance

APP opened at $651.32 on Tuesday. The company has a current ratio of 3.25, a quick ratio of 3.25 and a debt-to-equity ratio of 2.38. The business’s 50 day moving average is $608.32 and its 200-day moving average is $455.99. The stock has a market cap of $220.31 billion, a PE ratio of 79.04, a price-to-earnings-growth ratio of 3.33 and a beta of 2.50. AppLovin Corporation has a twelve month low of $200.50 and a twelve month high of $745.61.

AppLovin (NASDAQ:APP) last posted its earnings results on Wednesday, November 5th. The company reported $2.45 EPS for the quarter, beating the consensus estimate of $2.34 by $0.11. AppLovin had a return on equity of 258.49% and a net margin of 51.27%.The firm had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.34 billion. During the same period last year, the firm earned $1.29 EPS. The firm’s revenue was up 68.2% compared to the same quarter last year. AppLovin has set its Q4 2025 guidance at EPS. On average, analysts predict that AppLovin Corporation will post 6.87 earnings per share for the current year.

Analyst Ratings Changes

APP has been the topic of a number of research analyst reports. Weiss Ratings upgraded shares of AppLovin from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday. Oppenheimer set a $740.00 price target on AppLovin in a report on Tuesday, October 7th. The Goldman Sachs Group raised their price objective on AppLovin from $630.00 to $720.00 and gave the stock a “neutral” rating in a research note on Friday. Piper Sandler boosted their target price on shares of AppLovin from $740.00 to $800.00 and gave the company an “overweight” rating in a research note on Thursday. Finally, Benchmark raised their price target on shares of AppLovin from $640.00 to $700.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Twenty-one research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $659.64.

Insiders Place Their Bets

In other news, Director Craig Scott Billings sold 2,350 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $592.92, for a total value of $1,393,362.00. Following the completion of the sale, the director directly owned 3,707 shares of the company’s stock, valued at approximately $2,197,954.44. This represents a 38.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Victoria Valenzuela sold 35,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $502.23, for a total transaction of $17,578,050.00. Following the transaction, the insider owned 269,955 shares in the company, valued at $135,579,499.65. This represents a 11.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 834,138 shares of company stock valued at $365,068,695. Corporate insiders own 13.66% of the company’s stock.

About AppLovin

AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally. It operates through two segments, Software Platform and Apps. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; MAX, an in-app bidding software that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform that provides marketers with the visibility, insights, and tools needed to grow their apps from early stage to maturity; and Wurl, a connected TV platform, which distributes streaming video for content companies and provides advertising and publishing solutions through its AdPool, ContentDiscovery, and Global FAST Pass products.