WCM Investment Management LLC Sells 917,344 Shares of AppLovin Corporation $APP

WCM Investment Management LLC lowered its position in AppLovin Corporation (NASDAQ:APP) by 15.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,942,079 shares of the company’s stock after selling 917,344 shares during the period. AppLovin comprises approximately 7.3% of WCM Investment Management LLC’s holdings, making the stock its 2nd largest position. WCM Investment Management LLC’s holdings in AppLovin were worth $3,520,539,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of APP. Chilton Capital Management LLC acquired a new position in AppLovin during the third quarter worth $29,000. Activest Wealth Management boosted its position in shares of AppLovin by 760.0% during the 3rd quarter. Activest Wealth Management now owns 43 shares of the company’s stock worth $31,000 after purchasing an additional 38 shares in the last quarter. Heartwood Wealth Advisors LLC acquired a new position in shares of AppLovin during the 3rd quarter worth $33,000. Bogart Wealth LLC increased its holdings in shares of AppLovin by 100.0% in the 3rd quarter. Bogart Wealth LLC now owns 48 shares of the company’s stock valued at $34,000 after purchasing an additional 24 shares in the last quarter. Finally, Wolff Wiese Magana LLC purchased a new position in shares of AppLovin in the 3rd quarter valued at about $39,000. 41.85% of the stock is owned by hedge funds and other institutional investors.

AppLovin Stock Performance

AppLovin stock opened at $483.00 on Tuesday. AppLovin Corporation has a fifty-two week low of $200.50 and a fifty-two week high of $745.61. The company has a market capitalization of $163.23 billion, a price-to-earnings ratio of 58.62, a PEG ratio of 1.56 and a beta of 2.49. The stock has a fifty day moving average of $633.80 and a two-hundred day moving average of $569.61. The company has a debt-to-equity ratio of 2.38, a quick ratio of 3.25 and a current ratio of 3.25.

AppLovin (NASDAQ:APP) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.34 by $0.11. The firm had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.34 billion. AppLovin had a return on equity of 258.49% and a net margin of 51.27%.The firm’s quarterly revenue was up 68.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.29 EPS. On average, analysts anticipate that AppLovin Corporation will post 6.87 EPS for the current fiscal year.

Analysts Set New Price Targets

APP has been the topic of several recent analyst reports. Scotiabank upped their target price on shares of AppLovin from $575.00 to $750.00 and gave the stock an “outperform” rating in a research report on Thursday, November 6th. Royal Bank Of Canada upped their price target on AppLovin from $700.00 to $750.00 and gave the stock an “outperform” rating in a report on Thursday, November 6th. Wells Fargo & Company lifted their price objective on AppLovin from $721.00 to $735.00 and gave the stock an “overweight” rating in a report on Thursday, January 8th. Jefferies Financial Group boosted their target price on AppLovin from $800.00 to $860.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. Finally, Benchmark restated a “buy” rating on shares of AppLovin in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, AppLovin presently has an average rating of “Moderate Buy” and an average target price of $706.45.

Key Stories Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Company rebuts short‑seller accusations — AppLovin publicly confronted recent short‑seller claims and framed AI shifts as manageable rather than existential, which helped calm some investor fears. Read More.
• Positive Sentiment: Analysts say Google’s Project Genie isn’t a direct threat — Several analyst writeups argue Genie targets a different market and won’t displace AppLovin’s profitable marketing and monetization stack, supporting buy ratings. Read More.
• Positive Sentiment: Bullish fundamental analysis highlights cash generation and buybacks — Coverage notes very high margins, strong free cash flow and an active ~$3.3B buyback that can support EPS — a near‑term tailwind if buybacks continue. Read More.
• Neutral Sentiment: Sector comparison shows relative strength — Commentary pointing out AppLovin outpacing peers like Workday signals market positioning, but it’s context‑dependent. Read More.
• Neutral Sentiment: Recent market move noted — End‑of‑day reporting flagged a modest uptick to ~$483, reflecting intraday stabilization rather than a clear trend change. Read More.
• Neutral Sentiment: Short‑interest data looks inconsistent — Published short‑interest figures showed zeros/NaN, suggesting a data issue; investors should confirm actual short activity from official exchange filings before drawing conclusions.
• Negative Sentiment: January selloff tied to short attack and AI fear — A prior short‑seller report and overblown fears about Google’s AI offerings triggered a ~30% drawdown in January, highlighting ongoing volatility and reputational risk. Read More.

Insider Activity

In related news, CTO Vasily Shikin sold 27,143 shares of the company’s 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 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 sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Arash Adam Foroughi sold 30,888 shares of AppLovin stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $520.29, for a total transaction of $16,070,717.52. Following the completion of the sale, the chief executive officer directly owned 2,553,161 shares of the company’s stock, valued at $1,328,384,136.69. The trade was a 1.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 340,336 shares of company stock valued at $200,062,623 over the last 90 days. Insiders own 13.66% of the company’s stock.

AppLovin 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.