Waterloo Capital L.P. Grows Holdings in AppLovin Corporation $APP

Waterloo Capital L.P. increased its position in shares of AppLovin Corporation (NASDAQ:APP) by 97.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,014 shares of the company’s stock after buying an additional 992 shares during the period. Waterloo Capital L.P.’s holdings in AppLovin were worth $1,357,000 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 company. Hazlett Burt & Watson Inc. increased its stake in AppLovin by 32.4% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 482 shares of the company’s stock worth $324,000 after buying an additional 118 shares during the period. Nomura Asset Management Co. Ltd. increased its stake in AppLovin by 54.8% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 139,589 shares of the company’s stock worth $94,058,000 after buying an additional 49,399 shares during the period. Mitchell Capital Management Co. increased its stake in AppLovin by 0.5% during the 4th quarter. Mitchell Capital Management Co. now owns 5,956 shares of the company’s stock worth $4,013,000 after buying an additional 27 shares during the period. AXS Investments LLC increased its stake in AppLovin by 4.9% during the 4th quarter. AXS Investments LLC now owns 4,512 shares of the company’s stock worth $3,040,000 after buying an additional 210 shares during the period. Finally, Founders Financial Securities LLC increased its stake in AppLovin by 26.0% during the 4th quarter. Founders Financial Securities LLC now owns 663 shares of the company’s stock worth $447,000 after buying an additional 137 shares during the period. Hedge funds and other institutional investors own 41.85% of the company’s stock.

AppLovin Price Performance

Shares of NASDAQ:APP opened at $613.09 on Monday. The company has a quick ratio of 3.24, a current ratio of 3.24 and a debt-to-equity ratio of 1.49. AppLovin Corporation has a fifty-two week low of $320.00 and a fifty-two week high of $745.61. The firm has a 50-day simple moving average of $456.58 and a 200 day simple moving average of $520.78. The company has a market cap of $205.96 billion, a PE ratio of 52.67, a P/E/G ratio of 1.00 and a beta of 2.45.

AppLovin (NASDAQ:APP) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $3.56 earnings per share for the quarter, beating analysts’ consensus estimates of $3.44 by $0.12. AppLovin had a net margin of 64.29% and a return on equity of 219.37%. The business had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.77 billion. During the same quarter in the prior year, the firm earned $1.67 EPS. The company’s revenue for the quarter was up 58.9% compared to the same quarter last year. On average, sell-side analysts anticipate that AppLovin Corporation will post 15.86 EPS for the current year.

AppLovin News Roundup

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Needham reaffirmed its Buy rating and lifted its price target to $700, reinforcing the view that AppLovin still has room to run. Needham Reaffirms Buy Rating on AppLovin
• Positive Sentiment: Deutsche Bank also raised its price target to $660 while maintaining a Buy rating, adding to the bullish analyst backdrop. Why Wall Street Still Sees More Upside In AppLovin
• Positive Sentiment: Zacks said AppLovin’s AI-powered ad platform is driving record revenue momentum as demand expands across digital advertising and e-commerce, suggesting the company’s growth story remains intact. AppLovin’s Revenue Momentum Reflects AI-Driven Advertising Demand
• Positive Sentiment: Multiple reports noted the stock moved higher after positive analyst commentary tied to strong recent financial results and the upcoming AI advertising platform rollout. Why AppLovin (APP) Stock Is Trading Up Today
• Neutral Sentiment: A Zacks roundup also grouped AppLovin with other growth names, but the mention was largely a general analyst note rather than a new company-specific catalyst. Zacks Analyst Blog Highlights Citigroup, TotalEnergies, AppLovin
• Neutral Sentiment: One analysis compared AppLovin with Coherent and argued COHR has an edge due to valuation and AI infrastructure demand, but this appears more like relative commentary than a direct fundamental setback for APP. Coherent vs. AppLovin: Which AI Growth Stock Is Better Positioned?
• Negative Sentiment: Recent insider selling by CTO Vasily Shikin may temper sentiment somewhat, though the sales were small relative to his remaining holdings and are outweighed by the bullish analyst-driven narrative. AppLovin CTO Insider Sales

Analyst Upgrades and Downgrades

APP has been the subject of several research analyst reports. Wedbush reissued an “outperform” rating and issued a $640.00 target price on shares of AppLovin in a research report on Thursday, May 7th. Morgan Stanley reissued an “overweight” rating on shares of AppLovin in a research report on Wednesday. Argus initiated coverage on shares of AppLovin in a research report on Tuesday, April 14th. They issued a “buy” rating and a $520.00 target price for the company. Scotiabank boosted their target price on shares of AppLovin from $750.00 to $775.00 and gave the stock an “outperform” rating in a research report on Thursday, February 12th. Finally, Oppenheimer dropped their target price on shares of AppLovin from $740.00 to $660.00 and set an “outperform” rating for the company in a research report on Thursday, March 5th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, AppLovin currently has a consensus rating of “Moderate Buy” and a consensus price target of $664.35.

Insider Activity

In other AppLovin news, CTO Vasily Shikin sold 62,804 shares of the business’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $486.43, for a total transaction of $30,549,749.72. Following the completion of the transaction, the chief technology officer directly owned 3,255,273 shares of the company’s stock, valued at $1,583,462,445.39. The trade was a 1.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Matthew Stumpf sold 9,052 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $600.00, for a total transaction of $5,431,200.00. Following the transaction, the chief financial officer directly owned 177,450 shares of the company’s stock, valued at $106,470,000. The trade was a 4.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 464,016 shares of company stock valued at $218,477,985. Company insiders own 13.66% of the company’s stock.

About AppLovin

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.