Bank Julius Baer & Co. Ltd Zurich Sells 2,180 Shares of AppLovin Corporation $APP

Bank Julius Baer & Co. Ltd Zurich lessened its holdings in shares of AppLovin Corporation (NASDAQ:APP) by 7.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,087 shares of the company’s stock after selling 2,180 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in AppLovin were worth $19,938,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in APP. E Fund Management Hong Kong Co. Ltd. lifted its position in shares of AppLovin by 145.6% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 997 shares of the company’s stock valued at $672,000 after acquiring an additional 591 shares during the period. Baader Bank Aktiengesellschaft raised its stake in AppLovin by 106.4% in the fourth quarter. Baader Bank Aktiengesellschaft now owns 4,166 shares of the company’s stock valued at $2,764,000 after purchasing an additional 2,148 shares in the last quarter. Allworth Financial LP lifted its position in AppLovin by 1.8% during the fourth quarter. Allworth Financial LP now owns 6,160 shares of the company’s stock worth $4,151,000 after purchasing an additional 111 shares during the period. Castle Rock Wealth Management LLC lifted its position in AppLovin by 1.1% during the fourth quarter. Castle Rock Wealth Management LLC now owns 4,435 shares of the company’s stock worth $2,988,000 after purchasing an additional 47 shares during the period. Finally, Atria Investments Inc grew its stake in AppLovin by 6.4% during the fourth quarter. Atria Investments Inc now owns 10,652 shares of the company’s stock worth $7,178,000 after buying an additional 645 shares in the last quarter. 41.85% of the stock is owned by institutional investors and hedge funds.

AppLovin Trading Up 7.0%

Shares of AppLovin stock opened at $485.16 on Friday. The firm’s 50 day moving average is $446.90 and its 200 day moving average is $529.33. The firm has a market capitalization of $163.63 billion, a PE ratio of 41.68, a price-to-earnings-growth ratio of 0.74 and a beta of 2.37. AppLovin Corporation has a 1 year low of $320.00 and a 1 year high of $745.61. The company has a current ratio of 3.24, a quick ratio of 3.24 and a debt-to-equity ratio of 1.49.

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

Insider Activity

In related news, Director Eduardo Vivas sold 163,910 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $453.49, for a total transaction of $74,331,545.90. Following the sale, the director owned 6,969,382 shares of the company’s stock, valued at $3,160,545,043.18. This trade represents a 2.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CTO Vasily Shikin sold 62,804 shares of the business’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $486.43, for a total value of $30,549,749.72. Following the sale, the chief technology officer owned 3,255,273 shares in the company, valued at $1,583,462,445.39. This represents a 1.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 365,244 shares of company stock worth $169,584,607. Insiders own 13.66% of the company’s stock.

Key AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Piper Sandler raised its price target on AppLovin to $665 from $650 and reiterated an Overweight rating, citing the company’s strong revenue beat and continued momentum in its core business. AppLovin (APP) Price Target Raised by Piper Sandler to $665
• Positive Sentiment: Recent coverage said AppLovin’s latest earnings quality was strong, even though the stock reaction was described as subdued, suggesting investors may still be reassessing the longer-term upside from the report. Shareholders Will Be Pleased With The Quality of AppLovin’s (NASDAQ:APP) Earnings
• Positive Sentiment: Multiple articles highlighted AppLovin as an AI-linked growth winner with surging revenue, keeping investor focus on its ability to sustain rapid earnings expansion. Is AppLovin Stock a Buy as Revenue Continues to Surge?
• Neutral Sentiment: Several broader market and stock-picking articles mentioned AppLovin alongside other growth and hedge-fund favorites, adding to visibility but not providing a direct new catalyst for the shares. AppLovin and 6 More Stock Picks by Einhorn and Other Hedge Fund Managers
• Neutral Sentiment: Commentary comparing AppLovin with The Trade Desk mainly framed it as a digital advertising growth leader, but it was more of an industry discussion than a company-specific driver. The Trade Desk vs. AppLovin: What Do Their Quarterly Revenue Trajectories Tell Investors?
• Negative Sentiment: One piece noted the stock’s reaction to earnings was somewhat muted, which can signal that some investors want more proof that recent growth can continue at the same pace. Shareholders Will Be Pleased With The Quality of AppLovin’s (NASDAQ:APP) Earnings

Analyst Upgrades and Downgrades

Several research firms have commented on APP. Weiss Ratings lowered shares of AppLovin from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, May 7th. Zacks Research lowered shares of AppLovin from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 12th. Piper Sandler lifted their price objective on shares of AppLovin from $650.00 to $665.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Needham & Company LLC restated a “buy” rating and set a $700.00 price objective on shares of AppLovin in a research report on Thursday, May 7th. Finally, UBS Group cut their target price on AppLovin from $740.00 to $716.00 and set a “buy” rating for the company in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $664.35.

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.