MGB Wealth Management LLC Lowers Stake in AppLovin Corporation $APP

MGB Wealth Management LLC trimmed its holdings in shares of AppLovin Corporation (NASDAQ:APP) by 7.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 90,766 shares of the company’s stock after selling 7,580 shares during the period. AppLovin makes up about 18.4% of MGB Wealth Management LLC’s investment portfolio, making the stock its largest holding. MGB Wealth Management LLC’s holdings in AppLovin were worth $65,218,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Chilton Capital Management LLC purchased a new stake in shares of AppLovin during the third quarter valued at $29,000. Activest Wealth Management raised its position in AppLovin by 760.0% in the 3rd quarter. Activest Wealth Management now owns 43 shares of the company’s stock worth $31,000 after buying an additional 38 shares during the last quarter. Heartwood Wealth Advisors LLC bought a new position in AppLovin during the 3rd quarter valued at about $33,000. CBIZ Investment Advisory Services LLC lifted its stake in AppLovin by 58.6% during the 3rd quarter. CBIZ Investment Advisory Services LLC now owns 46 shares of the company’s stock valued at $33,000 after acquiring an additional 17 shares during the period. Finally, Bogart Wealth LLC boosted its holdings in shares of AppLovin by 100.0% during the 3rd quarter. Bogart Wealth LLC now owns 48 shares of the company’s stock valued at $34,000 after acquiring an additional 24 shares during the last quarter. Hedge funds and other institutional investors own 41.85% of the company’s stock.

Trending Headlines about AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: MarketBeat / Altimetry spotlights AppLovin as an AI beneficiary, arguing recent selling is narrative panic rather than weakening fundamentals and highlighting AppLovin’s proprietary data and AI optimization as durable advantages. This narrative supports a re-rating if investors rotate back into AI beneficiaries. Read More.
• Positive Sentiment: Analysts remain constructive: Bank of America trimmed its price target (to $705) after the earnings call but kept a Buy rating — signaling confidence in the business despite a valuation reset. That maintained-buy stance helps cushion sentiment. Read More.
• Positive Sentiment: Independent upgrades and comparative coverage (Seeking Alpha, Zacks/Yahoo pieces comparing APP vs. Arm) emphasize AppLovin’s robust Q4 growth, high EBITDA margins and AI tailwinds — increasing investor interest after the recent correction. Read More. | Read More.
• Positive Sentiment: Macro/sector support: Raymond James and others note a tradable bounce developing in software after a steep selloff, which can lift high-beta, AI-exposed names like AppLovin when sector flows recover. Read More.
• Neutral Sentiment: Headline coverage and trade reporting (MSN) summarized the move today and likely amplified momentum, but is descriptive rather than new fundamental information. Read More.
• Neutral Sentiment: Short‑interest entries in the data feed show zero/NaN values (likely a reporting anomaly) — not a meaningful short‑squeeze signal based on available figures. (Data should be treated with caution.)
• Negative Sentiment: Contrarian coverage (Forbes) warns the recent selloff reflects real investor worry about stretched valuations and potential growth deceleration despite strong recent results — a reminder that valuation risk remains if AI enthusiasm cools. Read More.

Insider Activity at AppLovin

In related news, insider Victoria Valenzuela sold 7,609 shares of the stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $657.13, for a total value of $5,000,102.17. Following the completion of the sale, the insider directly owned 277,110 shares of the company’s stock, valued at approximately $182,097,294.30. This represents a 2.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Dawson Alyssa Harvey sold 150 shares of AppLovin 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 $1,961,402.28. This represents a 5.04% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 13.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on APP. Evercore restated a “buy” rating on shares of AppLovin in a research report on Friday, January 30th. Scotiabank increased their price target on AppLovin from $750.00 to $775.00 and gave the company an “outperform” rating in a report on Thursday, February 12th. Wedbush lifted their price objective on AppLovin from $465.00 to $640.00 and gave the stock an “outperform” rating in a report on Thursday, February 12th. UBS Group set a $740.00 price objective on AppLovin in a research report on Thursday, February 12th. Finally, Wells Fargo & Company dropped their target price on AppLovin from $735.00 to $543.00 and set an “overweight” rating on the stock in a research report on Thursday, February 12th. Twenty-one research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $651.77.

AppLovin Price Performance

Shares of AppLovin stock opened at $444.93 on Friday. The stock has a market cap of $150.36 billion, a P/E ratio of 45.63, a P/E/G ratio of 0.87 and a beta of 2.49. The company has a debt-to-equity ratio of 1.65, a quick ratio of 3.32 and a current ratio of 3.32. The stock’s fifty day moving average is $545.19 and its 200 day moving average is $570.96. AppLovin Corporation has a one year low of $200.50 and a one year high of $745.61.

AppLovin (NASDAQ:APP) last issued its quarterly earnings results on Wednesday, February 11th. The company reported $3.24 EPS for the quarter, topping analysts’ consensus estimates of $2.89 by $0.35. AppLovin had a return on equity of 245.64% and a net margin of 57.42%.The business had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.61 billion. During the same quarter in the prior year, the business posted $1.73 earnings per share. The business’s quarterly revenue was up 66.0% on a year-over-year basis. Sell-side analysts anticipate that AppLovin Corporation will post 6.87 earnings per share for the current 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.