F m Investments LLC Acquires Shares of 10,236 AppLovin Corporation $APP

F m Investments LLC purchased a new stake in AppLovin Corporation (NASDAQ:APP) during the 2nd quarter, HoldingsChannel reports. The fund purchased 10,236 shares of the company’s stock, valued at approximately $3,583,000.

Several other large investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of AppLovin in the second quarter valued at approximately $951,541,000. Measured Wealth Private Client Group LLC grew its position in AppLovin by 6.7% during the 2nd quarter. Measured Wealth Private Client Group LLC now owns 2,506 shares of the company’s stock worth $877,000 after acquiring an additional 157 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in AppLovin by 30.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 139,426 shares of the company’s stock valued at $48,810,000 after purchasing an additional 32,662 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC bought a new position in AppLovin in the 2nd quarter valued at $1,010,000. Finally, Korea Investment CORP grew its holdings in shares of AppLovin by 21.2% during the second quarter. Korea Investment CORP now owns 255,376 shares of the company’s stock worth $89,402,000 after purchasing an additional 44,653 shares during the last quarter. 41.85% of the stock is owned by institutional investors.

AppLovin Stock Performance

APP stock opened at $601.00 on Friday. AppLovin Corporation has a twelve month low of $200.50 and a twelve month high of $745.61. The company has a quick ratio of 3.25, a current ratio of 3.25 and a debt-to-equity ratio of 2.38. The company has a market cap of $203.11 billion, a P/E ratio of 72.94, a price-to-earnings-growth ratio of 3.15 and a beta of 2.50. The business’s fifty day moving average is $607.52 and its 200-day moving average is $478.73.

AppLovin (NASDAQ:APP) last released its quarterly earnings data on Wednesday, November 5th. The company reported $2.45 EPS for the quarter, beating analysts’ consensus estimates of $2.34 by $0.11. AppLovin had a return on equity of 258.49% and a net margin of 51.27%.The business 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 company posted $1.29 earnings per share. The firm’s revenue was up 68.2% on a year-over-year basis. AppLovin has set its Q4 2025 guidance at EPS. Equities research analysts forecast that AppLovin Corporation will post 6.87 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on APP. UBS Group boosted their target price on shares of AppLovin from $810.00 to $840.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. BTIG Research boosted their price objective on shares of AppLovin from $693.00 to $705.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Jefferies Financial Group increased their price objective on AppLovin from $560.00 to $615.00 and gave the company a “buy” rating in a research report on Friday, September 5th. Piper Sandler lifted their target price on AppLovin from $740.00 to $800.00 and gave the company an “overweight” rating in a research note on Thursday, November 6th. Finally, Benchmark upped their price target on AppLovin from $640.00 to $700.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Twenty-one research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $658.27.

Insider Activity at AppLovin

In related news, CFO Matthew Stumpf sold 4,884 shares of AppLovin stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $515.76, for a total transaction of $2,518,971.84. Following the transaction, the chief financial officer owned 191,161 shares of the company’s stock, valued at $98,593,197.36. This trade represents a 2.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Arash Adam Foroughi sold 4,069 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $497.50, for a total transaction of $2,024,327.50. Following the transaction, the chief executive officer owned 2,998,948 shares of the company’s stock, valued at approximately $1,491,976,630. This represents a 0.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 367,927 shares of company stock worth $212,707,362 in the last ninety days. Company insiders own 13.66% of the company’s stock.

AppLovin Company Profile

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.