AppLovin Corporation $APP Position Trimmed by Beacon Harbor Wealth Advisors Inc.

Beacon Harbor Wealth Advisors Inc. trimmed its position in AppLovin Corporation (NASDAQ:APP) by 9.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 19,817 shares of the company’s stock after selling 2,176 shares during the period. AppLovin comprises about 3.3% of Beacon Harbor Wealth Advisors Inc.’s portfolio, making the stock its 5th largest holding. Beacon Harbor Wealth Advisors Inc.’s holdings in AppLovin were worth $14,239,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Concurrent Investment Advisors LLC lifted its holdings in shares of AppLovin by 31.5% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 4,646 shares of the company’s stock worth $1,627,000 after acquiring an additional 1,114 shares during the last quarter. Lazard Freres Gestion S.A.S. acquired a new position in AppLovin in the 3rd quarter valued at about $2,514,000. Mediolanum International Funds Ltd lifted its position in shares of AppLovin by 73.5% during the third quarter. Mediolanum International Funds Ltd now owns 76,736 shares of the company’s stock worth $54,664,000 after purchasing an additional 32,510 shares in the last quarter. Thames Capital Management LLC grew its holdings in shares of AppLovin by 114.8% in the third quarter. Thames Capital Management LLC now owns 16,702 shares of the company’s stock valued at $12,001,000 after purchasing an additional 8,925 shares in the last quarter. Finally, CIBC Asset Management Inc increased its stake in AppLovin by 14.8% during the 3rd quarter. CIBC Asset Management Inc now owns 117,126 shares of the company’s stock worth $84,160,000 after buying an additional 15,074 shares during the period. Institutional investors and hedge funds own 41.85% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on APP. Piper Sandler reaffirmed an “overweight” rating on shares of AppLovin in a research report on Tuesday, January 20th. Scotiabank upped their price target on AppLovin from $575.00 to $750.00 and gave the stock an “outperform” rating in a report on Thursday, November 6th. Jefferies Financial Group increased their price target on AppLovin from $800.00 to $860.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. UBS Group set a $800.00 price objective on AppLovin in a research note on Tuesday, January 13th. Finally, Royal Bank Of Canada upped their target price on shares of AppLovin from $700.00 to $750.00 and gave the stock an “outperform” rating in a research note on Thursday, November 6th. 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 company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $706.45.

Insider Transactions at AppLovin

In other news, Director Dawson Alyssa Harvey sold 150 shares of the firm’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $693.32, for a total transaction of $103,998.00. Following the transaction, the director directly owned 2,829 shares in the company, valued at approximately $1,961,402.28. This trade represents a 5.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Victoria Valenzuela sold 7,609 shares of the company’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $657.13, for a total transaction of $5,000,102.17. Following the completion of the sale, the insider owned 277,110 shares of the company’s stock, valued at approximately $182,097,294.30. This trade represents a 2.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 340,336 shares of company stock worth $200,062,623 in the last three months. Corporate insiders own 13.66% of the company’s stock.

Key AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Benchmark reiterated a Buy and $775 price target, arguing Google’s AI game tools are overstated threats to AppLovin’s scale, data moat and AXON AI advantage. Why Benchmark Says Google’s AI Won’t Derail AppLovin (APP)
• Positive Sentiment: Several bullish previews and analyst notes argue the sell-off creates a buying opportunity ahead of earnings, citing durable operating leverage from MAX and AXON. AppLovin: The Market Is Giving Us A Chance To Load Up (Earnings Preview)
• Positive Sentiment: Zacks and other previews show strong consensus Q4/forward estimates (high-teens revenue growth, large EPS beats expected), which supports the company’s near-term fundamentals. Should You Buy, Sell, or Hold AppLovin Stock Before Q4 Earnings?
• Neutral Sentiment: AppLovin is due to report earnings this week; the event itself is a catalyst that could swing sentiment either way depending on guidance vs. AI/competitive questions. AppLovin (APP) Expected to Announce Earnings on Wednesday
• Neutral Sentiment: CNBC and other outlets are covering APP alongside big tech and adtech movers — increased media attention can amplify moves but isn’t decisive by itself. Power Check: Applovin, Amazon and Apple
• Negative Sentiment: Broad software and mobile adtech selling accelerated APP’s decline today as investors priced in faster AI disruption and sector re-rating. AppLovin stock falls amid broader software selloff and mobile ad tech concerns
• Negative Sentiment: High-profile commentary (Jim Cramer) highlighted Wall Street fear that AI could “eat AppLovin alive,” amplifying sentiment-driven selling. Jim Cramer says “Wall Street’s terrified that AI will eat AppLovin alive”
• Negative Sentiment: Pomerantz law firm announced an investor investigation into AppLovin-related claims, which raises legal and reputational risk until resolved. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of AppLovin Corporation – APP
• Negative Sentiment: Recent analyses warn valuation and short-seller/allegation-driven volatility (and prior short attacks) have created downside risk even if core business remains strong. AppLovin: Being Priced To Perfection Created Too Much Risk

AppLovin Price Performance

Shares of NASDAQ:APP opened at $387.34 on Thursday. AppLovin Corporation has a 12 month low of $200.50 and a 12 month high of $745.61. The firm has a market capitalization of $130.90 billion, a P/E ratio of 47.01, a P/E/G ratio of 1.52 and a beta of 2.49. The company has a debt-to-equity ratio of 2.38, a current ratio of 3.25 and a quick ratio of 3.25. The company’s fifty day moving average price is $627.94 and its 200 day moving average price is $569.02.

AppLovin (NASDAQ:APP) last released its quarterly earnings data on Wednesday, November 5th. The company reported $2.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.34 by $0.11. AppLovin had a net margin of 51.27% and a return on equity of 258.49%. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter in the prior year, the firm posted $1.29 earnings per share. AppLovin’s revenue for the quarter was up 68.2% on a year-over-year basis. As a group, sell-side analysts predict that AppLovin Corporation will post 6.87 earnings per share for the current fiscal year.

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.