Public Sector Pension Investment Board Has $23.66 Million Position in AppLovin Corporation $APP

Public Sector Pension Investment Board reduced its holdings in AppLovin Corporation (NASDAQ:APP) by 54.7% in the third quarter, HoldingsChannel reports. The firm owned 32,923 shares of the company’s stock after selling 39,801 shares during the period. Public Sector Pension Investment Board’s holdings in AppLovin were worth $23,656,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of AppLovin by 0.4% during the second quarter. Vanguard Group Inc. now owns 17,902,795 shares of the company’s stock worth $6,267,410,000 after purchasing an additional 72,120 shares during the period. State Street Corp lifted its position in shares of AppLovin by 2.4% during the second quarter. State Street Corp now owns 5,615,415 shares of the company’s stock valued at $1,965,844,000 after purchasing an additional 133,402 shares in the last quarter. Jennison Associates LLC lifted its position in shares of AppLovin by 55.2% during the third quarter. Jennison Associates LLC now owns 3,886,150 shares of the company’s stock valued at $2,792,355,000 after purchasing an additional 1,381,970 shares in the last quarter. Norges Bank purchased a new position in AppLovin during the second quarter worth about $951,541,000. Finally, Rakuten Investment Management Inc. bought a new stake in AppLovin in the 3rd quarter worth about $1,456,108,000. 41.85% of the stock is owned by institutional investors.

Analyst Ratings Changes

APP has been the topic of several recent analyst reports. Jefferies Financial Group dropped their target price on shares of AppLovin from $860.00 to $700.00 and set a “buy” rating on the stock in a research report on Thursday. Wells Fargo & Company dropped their price target on AppLovin from $735.00 to $543.00 and set an “overweight” rating on the stock in a report on Thursday. Citigroup cut their price objective on AppLovin from $820.00 to $710.00 and set a “buy” rating on the stock in a research report on Thursday. Morgan Stanley set a $720.00 target price on AppLovin in a research report on Thursday. Finally, UBS Group set a $740.00 target price on AppLovin in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $651.77.

Insider Transactions at AppLovin

In related news, insider Victoria Valenzuela sold 7,609 shares of the firm’s 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 transaction, the insider directly 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. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Vasily Shikin sold 27,143 shares of AppLovin stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $545.38, for a total transaction of $14,803,249.34. Following the completion of the transaction, the chief technology officer owned 3,323,681 shares of the company’s stock, valued at $1,812,669,143.78. This represents a 0.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 187,786 shares of company stock worth $100,914,925 over the last quarter. Corporate insiders own 13.66% of the company’s stock.

AppLovin Stock Performance

Shares of APP opened at $391.55 on Friday. AppLovin Corporation has a 1 year low of $200.50 and a 1 year high of $745.61. The company has a debt-to-equity ratio of 1.65, a current ratio of 3.32 and a quick ratio of 3.25. The stock’s fifty day moving average price is $596.51 and its two-hundred day moving average price is $570.32. The firm has a market cap of $132.32 billion, a PE ratio of 40.16, a PEG ratio of 1.20 and a beta of 2.49.

AppLovin (NASDAQ:APP) last announced its quarterly earnings data on Wednesday, February 11th. The company reported $3.24 earnings per share for the quarter, topping the consensus estimate of $2.89 by $0.35. AppLovin had a return on equity of 245.64% and a net margin of 57.42%.The company had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.61 billion. During the same quarter last year, the firm posted $1.73 EPS. The firm’s revenue for the quarter was up 66.0% on a year-over-year basis. On average, equities research analysts forecast that AppLovin Corporation will post 6.87 EPS for the current year.

AppLovin News Summary

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Q4 beat and raise — AppLovin reported stronger‑than‑expected Q4 revenue and EPS and issued 2026 guidance above Street estimates, giving investors a fundamentals‑driven reason to buy the stock. AppLovin (APP) Q4 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Outstanding margins and cash flow — management reported ~84% adjusted EBITDA margins and very high free‑cash‑flow conversion, highlighting durable profitability that supports a premium valuation. AppLovin Rides on Margin Power: Here’s What You Should Know
• Positive Sentiment: Analyst support and buybacks — several firms reaffirmed or raised targets (and management disclosed large buybacks / cash generation commentary), which helps underwrite the rebound narrative. AppLovin price target raised by Wedbush
• Neutral Sentiment: Mixed analyst moves — although many shops kept Buy/Outperform ratings, several groups trimmed price targets after the volatility; this creates both support and room for further target revisions. Wells Fargo price target change and analyst notes
• Neutral Sentiment: Short‑interest data appears noisy/insignificant in recent reports (entries show zero/NaN), so shorting pressure doesn’t explain today’s move. (No meaningful short interest link available.)
• Negative Sentiment: Competition and AI fears — investors remain worried about potential competition (CloudX) and whether large platforms like Meta could encroach on AppLovin’s adtech niche; that fear helped trigger sharp earlier selloffs. AppLovin Plunges 18% Despite Blowout Earnings as AI Fears Rule
• Negative Sentiment: Broader software/AI rotation — the market‑wide re‑pricing of software names and headlines about a sector pullback have pressured APP despite the company’s strong quarter, prolonging volatility. Tech Stocks Down 50%: Buy the Dip or a Major Market Shift?
• Negative Sentiment: Market panic narrative — several commentators say recent selling was driven more by fear than fundamentals, meaning sentiment swings can still produce abrupt downside even after good results. AppLovin drops over competitor concerns, but analysts highlight positive growth drivers

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.