Mirae Asset Global Investments Co. Ltd. Acquires 245,066 Shares of AppLovin Corporation $APP

Mirae Asset Global Investments Co. Ltd. purchased a new stake in AppLovin Corporation (NASDAQ:APP) in the 3rd quarter, HoldingsChannel reports. The fund purchased 245,066 shares of the company’s stock, valued at approximately $71,175,000.

Other hedge funds also recently added to or reduced their stakes in the company. Pioneer Family Office LLC purchased a new stake in shares of AppLovin in the second quarter worth about $31,000. Cassaday & Co Wealth Management LLC acquired a new stake in AppLovin in the first quarter valued at approximately $25,000. LifeSteps Financial Inc. purchased a new stake in shares of AppLovin during the second quarter valued at approximately $40,000. Archer Investment Corp acquired a new position in shares of AppLovin during the second quarter worth $42,000. Finally, IMA Advisory Services Inc. lifted its position in shares of AppLovin by 40.0% during the first quarter. IMA Advisory Services Inc. now owns 84 shares of the company’s stock worth $33,000 after purchasing an additional 24 shares in the last quarter. 41.85% of the stock is owned by hedge funds and other institutional investors.

AppLovin News Roundup

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin continues to attract bullish attention from some Wall Street analysts. Its average brokerage recommendation remains equivalent to a Buy, while previously published price targets are substantially above the current trading level. AppLovin also delivered strong growth in 2025 and has expanded its software-based advertising business. Is AppLovin a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: Wurl, AppLovin’s subsidiary, launched a Content Intelligence Platform designed to improve transparency and measurement in connected-TV advertising. The initiative could support AppLovin’s expansion into additional digital-advertising channels. AppLovin Flags CTV Ad Transparency Gaps
• Neutral Sentiment: Institutional positioning is mixed: 712 investors added APP shares in their latest reported quarter, while 765 reduced positions. Large purchases by Invesco, Capital World Investors, and JPMorgan contrast with complete or sizable reductions by some other funds.
• Negative Sentiment: Investor concern has intensified ahead of the November 4 earnings report. Recent commentary points to stable rather than accelerating advertiser demand, more conservative estimates, and questions about whether improvements to AppLovin’s advertising models are continuing at the earlier pace. AppLovin Slides as Investors Weigh Slower Growth Signals
• Negative Sentiment: Multiple law firms reported a securities class action covering investors who purchased APP securities from February 12 through August 5, 2026. The allegations center on disclosures about AI advertising-model improvements and the readiness of AppLovin’s generative-AI video tool. The lead-plaintiff deadline is November 16, adding legal and reputational risk. AppLovin Faces Securities Fraud Class Action
• Negative Sentiment: Reported insider activity has consisted entirely of sales over the past six months, including sales by the CEO and chief technology officer. Although insider sales do not necessarily indicate deteriorating fundamentals, the pattern may weigh on sentiment while the stock remains well below its 52-week high.

AppLovin Price Performance

NASDAQ:APP opened at $228.50 on Monday. The company has a current ratio of 4.30, a quick ratio of 4.30 and a debt-to-equity ratio of 1.11. The firm has a market capitalization of $76.47 billion, a PE ratio of 17.56, a price-to-earnings-growth ratio of 0.51 and a beta of 2.51. AppLovin Corporation has a 52 week low of $225.19 and a 52 week high of $738.01. The stock has a 50 day moving average of $294.20 and a 200-day moving average of $417.58.

AppLovin (NASDAQ:APP) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $3.76 earnings per share (EPS) for the quarter, hitting the consensus estimate of $3.76. AppLovin had a return on equity of 193.10% and a net margin of 64.58%. The business had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same period in the previous year, the firm posted $2.39 earnings per share. The business’s revenue was up 52.8% on a year-over-year basis. Analysts predict that AppLovin Corporation will post 15.61 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on APP shares. Loop Capital lowered their price target on shares of AppLovin from $860.00 to $600.00 and set a “buy” rating for the company in a report on Thursday, August 20th. Wedbush lowered their target price on AppLovin from $610.00 to $560.00 and set an “outperform” rating for the company in a research note on Wednesday, October 14th. Weiss Ratings upgraded AppLovin from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, October 16th. Scotiabank reaffirmed a “sector outperform” rating and issued a $515.00 target price (down from $775.00) on shares of AppLovin in a research report on Thursday, August 6th. Finally, William Blair set a $440.00 price target on shares of AppLovin in a research note on Monday, August 17th. Three analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, AppLovin currently has an average rating of “Moderate Buy” and a consensus price target of $491.64.

AppLovin Company 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.