FengHe Fund Management Pte. Ltd. Sells 86,729 Shares of AppLovin Corporation $APP

FengHe Fund Management Pte. Ltd. lessened its holdings in shares of AppLovin Corporation (NASDAQ:APP) by 94.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 5,505 shares of the company’s stock after selling 86,729 shares during the quarter. FengHe Fund Management Pte. Ltd.’s holdings in AppLovin were worth $3,956,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in AppLovin in the 2nd quarter worth approximately $951,541,000. National Pension Service grew its stake in shares of AppLovin by 82.2% in the second quarter. National Pension Service now owns 790,271 shares of the company’s stock worth $276,658,000 after acquiring an additional 356,443 shares during the last quarter. Voya Investment Management LLC increased its position in AppLovin by 235.5% during the third quarter. Voya Investment Management LLC now owns 496,560 shares of the company’s stock worth $356,800,000 after acquiring an additional 348,548 shares during the period. Canada Pension Plan Investment Board raised its stake in AppLovin by 204.8% during the 2nd quarter. Canada Pension Plan Investment Board now owns 425,622 shares of the company’s stock valued at $149,002,000 after purchasing an additional 285,970 shares during the last quarter. Finally, Brevan Howard Capital Management LP bought a new stake in AppLovin in the 2nd quarter valued at $92,335,000. Institutional investors own 41.85% of the company’s stock.

More AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Benchmark reiterated a Buy on APP with a $775 price target (Mike Hickey, Jan. 6); the coverage note (which cites continued confidence in AppLovin’s growth) reinforces upward analyst momentum and likely contributed to buying interest. Benchmark Reiterates Buy InsiderMonkey Coverage
• Positive Sentiment: High-profile media endorsement — Jim Cramer said he “can’t name a single competitor to AppLovin,” a bullish narrative that can attract momentum buyers and retail interest. Cramer Says No Competitor
• Neutral Sentiment: Zacks published a piece comparing Skillsoft (SKIL) and AppLovin (APP) for value-oriented investors — useful context on sector valuation but it’s comparative rather than company-specific news that would immediately move APP. Zacks SKIL vs APP
• Neutral Sentiment: 247WallSt published a forward-looking price forecast noting AppLovin’s stock recovery after last year’s decline and citing better-than-expected quarterly results — supportive narrative but inherently speculative. 247WallSt Forecast
• Neutral Sentiment: Bristlemoon Global Fund published its Q4 2025 report (institutional activity/context). These fund reports can signal shifting ownership but the entry provided doesn’t note a clear, direct trade action for APP. Bristlemoon Q4 Report
• Neutral Sentiment: A general “3 growth stocks” roundup appeared on The Motley Fool; it offers sector context but is not APP-specific in the provided entry and is unlikely to be a primary driver of APP’s move. Fool Growth Stocks

AppLovin Trading Up 5.1%

Shares of APP opened at $647.72 on Friday. The company has a current ratio of 3.25, a quick ratio of 3.25 and a debt-to-equity ratio of 2.38. The stock has a market cap of $218.90 billion, a PE ratio of 78.61, a PEG ratio of 2.04 and a beta of 2.50. AppLovin Corporation has a 1 year low of $200.50 and a 1 year high of $745.61. The stock has a 50 day simple moving average of $639.00 and a 200-day simple moving average of $542.56.

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

Insider Activity

In other AppLovin news, CEO Arash Adam Foroughi sold 4,069 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $497.50, for a total transaction of $2,024,327.50. Following the sale, the chief executive officer directly owned 2,998,948 shares of the company’s stock, valued at approximately $1,491,976,630. This represents a 0.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 completion of the transaction, the director owned 2,829 shares of the company’s stock, valued at $1,961,402.28. This trade represents a 5.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 340,336 shares of company stock worth $200,062,623. Company insiders own 13.66% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on APP shares. UBS Group restated a “buy” rating and set a $775.00 price objective on shares of AppLovin in a report on Thursday, December 11th. Zacks Research upgraded AppLovin from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 1st. Wedbush raised their price objective on AppLovin from $745.00 to $800.00 and gave the stock an “outperform” rating in a research report on Thursday, November 6th. Bank of America boosted their price objective on AppLovin from $580.00 to $860.00 and gave the company a “buy” rating in a research report on Wednesday, October 1st. Finally, Wells Fargo & Company upped their target price on AppLovin from $721.00 to $735.00 and gave the company an “overweight” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, AppLovin presently has an average rating of “Moderate Buy” and a consensus price target of $696.60.

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.