Talon Private Wealth LLC Acquires 2,538 Shares of AppLovin Corporation $APP

Talon Private Wealth LLC increased its stake in AppLovin Corporation (NASDAQ:APP) by 184.3% during the second quarter, according to its most recent filing with the SEC. The fund owned 3,915 shares of the company’s stock after buying an additional 2,538 shares during the quarter. Talon Private Wealth LLC’s holdings in AppLovin were worth $2,017,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in APP. California State Teachers Retirement System raised its position in AppLovin by 50,874.8% in the second quarter. California State Teachers Retirement System now owns 178,017,633 shares of the company’s stock worth $91,720,025,000 after acquiring an additional 177,668,406 shares during the period. State Street Corp grew its position in shares of AppLovin by 111.1% during the 3rd quarter. State Street Corp now owns 11,852,466 shares of the company’s stock valued at $8,516,471,000 after acquiring an additional 6,237,051 shares during the period. Corient Private Wealth LLC increased its stake in shares of AppLovin by 3,118.6% during the 4th quarter. Corient Private Wealth LLC now owns 4,194,071 shares of the company’s stock worth $2,826,049,000 after purchasing an additional 4,063,763 shares during the last quarter. Norges Bank purchased a new stake in shares of AppLovin during the 4th quarter worth approximately $2,040,321,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of AppLovin in the 2nd quarter worth approximately $730,015,000. 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: Citi initiated a short-term upside view and set a $600 price target, a potentially significant catalyst for AppLovin given the target’s large premium to the recent trading range. Citi initiates short-term upside view on AppLovin
• Positive Sentiment: Recent coverage highlights AppLovin’s AI-powered advertising engine, strong monetization efficiency and exceptional margins. A separate analysis noted trailing operating margin expansion to 77.4% from 69.6%, suggesting profitability remains robust even as growth expectations have cooled. Should You Buy AppLovin Stock For Its Widening Margin?
• Positive Sentiment: AppLovin’s second-quarter revenue increased 53% year over year, and investors have recently focused on the potential for an AI-ad-tech rebound. Comparisons with Meta Platforms, Reddit and The Trade Desk also emphasize AppLovin’s scalable software model and high profitability. AppLovin vs. The Trade Desk
• Neutral Sentiment: Analysts collectively maintain a “Moderate Buy” recommendation, indicating generally constructive sentiment but not unanimous conviction. AppLovin receives Moderate Buy recommendation
• Negative Sentiment: Multiple reports cited analyst downgrades, which have pressured the stock and reinforced concerns that revenue growth is decelerating. Although sales continue to expand, investors are questioning whether AppLovin can sustain its earlier growth rate and justify its valuation after a sharp multi-month decline. AppLovin stock price following analyst downgrade

Insiders Place Their Bets

In related news, Director Eduardo Vivas sold 163,910 shares of the stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $504.06, for a total value of $82,620,474.60. Following the sale, the director owned 6,785,087 shares in the company, valued at approximately $3,420,090,953.22. This trade represents a 2.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Maynard G. Webb, Jr. sold 3,076 shares of AppLovin stock in a transaction on Monday, July 6th. The shares were sold at an average price of $521.29, for a total value of $1,603,488.04. Following the sale, the director directly owned 120,444 shares of the company’s stock, valued at $62,786,252.76. This represents a 2.49% decrease in their position. The disclosure for this sale is available in the SEC filing. 12.81% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on APP shares. KeyCorp set a $775.00 price objective on AppLovin in a report on Wednesday, June 10th. Wedbush lowered their target price on AppLovin from $640.00 to $610.00 and set an “outperform” rating on the stock in a research note on Thursday, August 6th. BTIG Research dropped their price target on AppLovin from $408.00 to $396.00 and set a “buy” rating on the stock in a research report on Tuesday. Scotiabank reiterated a “sector outperform” rating and set a $515.00 price target on shares of AppLovin in a research note on Thursday, August 6th. Finally, Morgan Stanley decreased their price objective on AppLovin from $720.00 to $650.00 and set an “overweight” rating for the company in a report on Thursday, August 6th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $538.09.

AppLovin Price Performance

APP stock traded up $9.47 during mid-day trading on Friday, reaching $323.96. 3,750,436 shares of the company traded hands, compared to its average volume of 5,645,635. The company has a debt-to-equity ratio of 1.11, a current ratio of 4.30 and a quick ratio of 4.30. The company has a market capitalization of $108.41 billion, a P/E ratio of 24.90, a P/E/G ratio of 0.64 and a beta of 2.49. AppLovin Corporation has a 52-week low of $297.50 and a 52-week high of $745.61. The company has a fifty day moving average price of $377.52 and a 200-day moving average price of $438.09.

AppLovin (NASDAQ:APP) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $3.76 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $3.76. The firm had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.94 billion. AppLovin had a net margin of 64.58% and a return on equity of 193.10%. The company’s revenue for the quarter was up 52.8% on a year-over-year basis. During the same period in the prior year, the firm posted $2.39 earnings per share. As a group, analysts anticipate that AppLovin Corporation will post 15.53 earnings per share for the current year.

AppLovin Company Profile

AppLovin Corporation (NASDAQ: APP) is a technology company that provides software and services designed to help mobile application developers grow their businesses. Its platform supports user acquisition, advertising, monetization, measurement and other functions that enable developers to attract users and generate revenue from their applications.

AppLovin’s offerings include AXON, an artificial-intelligence-powered software engine used to optimize advertising and user-acquisition campaigns; MAX, a platform for managing in-app advertising and mediation; and AppDiscovery, which helps developers promote their applications.