State of New Jersey Common Pension Fund D Raises Stock Holdings in AppLovin Corporation $APP

State of New Jersey Common Pension Fund D boosted its holdings in shares of AppLovin Corporation (NASDAQ:APP) by 3.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 80,851 shares of the company’s stock after purchasing an additional 2,486 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in AppLovin were worth $58,095,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in APP. LFA Lugano Financial Advisors SA acquired a new stake in shares of AppLovin during the second quarter worth approximately $26,000. Chilton Capital Management LLC bought a new position in AppLovin during the 3rd quarter valued at $29,000. Activest Wealth Management grew its holdings in AppLovin by 760.0% during the 3rd quarter. Activest Wealth Management now owns 43 shares of the company’s stock worth $31,000 after acquiring an additional 38 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in shares of AppLovin in the 2nd quarter worth about $33,000. Finally, Heartwood Wealth Advisors LLC acquired a new stake in shares of AppLovin in the 3rd quarter valued at about $33,000. 41.85% of the stock is owned by institutional investors and hedge funds.

More AppLovin News

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

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Needham & Company LLC reissued a “buy” rating and issued a $700.00 price objective on shares of AppLovin in a report on Thursday. BTIG Research decreased their target price on AppLovin from $771.00 to $640.00 and set a “buy” rating for the company in a research report on Thursday. Benchmark reissued a “buy” rating on shares of AppLovin in a research report on Monday, February 2nd. Wedbush raised their price objective on AppLovin from $465.00 to $640.00 and gave the stock an “outperform” rating in a research note on Thursday. Finally, Zacks Research downgraded shares of AppLovin from a “strong-buy” rating to a “hold” rating in a report on Thursday. Twenty equities 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’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $651.77.

AppLovin Price Performance

Shares of NASDAQ APP opened at $391.55 on Friday. 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 firm has a market capitalization of $132.32 billion, a PE ratio of 40.16, a P/E/G ratio of 1.28 and a beta of 2.49. AppLovin Corporation has a 1-year low of $200.50 and a 1-year high of $745.61. The business’s fifty day moving average price is $596.51 and its two-hundred day moving average price is $571.78.

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

Insiders Place Their Bets

In other AppLovin news, CEO Arash Adam Foroughi sold 30,888 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $520.29, for a total value of $16,070,717.52. Following the sale, the chief executive officer owned 2,553,161 shares in the company, valued at approximately $1,328,384,136.69. This trade represents a 1.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Vasily Shikin sold 27,143 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $545.38, for a total value of $14,803,249.34. Following the transaction, the chief technology officer owned 3,323,681 shares of the company’s stock, valued at approximately $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. In the last 90 days, insiders sold 187,786 shares of company stock worth $100,914,925. Insiders own 13.66% of the company’s stock.

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.