AppLovin Corporation $APP Shares Sold by Elevatus Welath Management

Elevatus Welath Management reduced its position in shares of AppLovin Corporation (NASDAQ:APP) by 50.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,454 shares of the company’s stock after selling 3,509 shares during the quarter. Elevatus Welath Management’s holdings in AppLovin were worth $2,327,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of AppLovin by 39.4% in the 3rd quarter. Vanguard Group Inc. now owns 24,954,458 shares of the company’s stock worth $17,930,776,000 after buying an additional 7,051,663 shares in the last quarter. State Street Corp boosted its stake in AppLovin by 111.1% during the third quarter. State Street Corp now owns 11,852,466 shares of the company’s stock valued at $8,516,471,000 after buying an additional 6,237,051 shares in the last quarter. Norges Bank bought a new position in AppLovin during the second quarter valued at about $951,541,000. Rakuten Investment Management Inc. acquired a new position in AppLovin during the third quarter worth about $1,456,108,000. Finally, Jennison Associates LLC raised its position in AppLovin by 55.2% in the third quarter. Jennison Associates LLC now owns 3,886,150 shares of the company’s stock worth $2,792,355,000 after acquiring an additional 1,381,970 shares in the last quarter. 41.85% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Piper Sandler reissued an “overweight” rating and issued a $650.00 price target (down from $800.00) on shares of AppLovin in a report on Thursday, February 12th. Benchmark reaffirmed a “buy” rating on shares of AppLovin in a research note on Friday, March 6th. Citigroup dropped their target price on shares of AppLovin from $820.00 to $710.00 and set a “buy” rating on the stock in a report on Thursday, February 12th. Evercore reissued a “buy” rating on shares of AppLovin in a research note on Friday, January 30th. Finally, Morgan Stanley set a $720.00 target price on shares of AppLovin in a report on Thursday, February 12th. Eighteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $668.20.

Insider Transactions at AppLovin

In related news, CTO Vasily Shikin sold 62,804 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $486.43, for a total value of $30,549,749.72. Following the completion of the transaction, the chief technology officer owned 3,255,273 shares of the company’s stock, valued at approximately $1,583,462,445.39. This trade represents a 1.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Arash Adam Foroughi sold 50,000 shares of AppLovin stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $466.04, for a total transaction of $23,302,000.00. Following the transaction, the chief executive officer owned 2,480,414 shares in the company, valued at approximately $1,155,972,140.56. The trade was a 1.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 365,244 shares of company stock valued at $169,584,607 over the last ninety days. Corporate insiders own 13.66% of the company’s stock.

AppLovin Trading Down 2.6%

NASDAQ:APP opened at $381.20 on Friday. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 1.65. AppLovin Corporation has a 1-year low of $200.50 and a 1-year high of $745.61. The firm has a market capitalization of $128.57 billion, a price-to-earnings ratio of 39.10, a price-to-earnings-growth ratio of 0.68 and a beta of 2.51. The stock has a fifty day simple moving average of $455.77 and a 200 day simple moving average of $569.57.

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

Trending Headlines about AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Zacks highlights AppLovin’s margin strength as a defensive point — analysts note unusually high operating margins that could support cash generation even if top-line growth slows. AppLovin’s Margin Strength Stands Out
• Positive Sentiment: A bullish take argues a recovery is likely eventual, pointing to APP’s fundamentals and long runway for mobile-ad monetization — a reminder some investors see current weakness as a buying opportunity. AppLovin stock price recovery may be a matter of ‘when’ — not if
• Neutral Sentiment: Industry coverage (Unity/Roblox context) provides broader sector color — shifts at peers could change competitive dynamics but aren’t direct AppLovin fundamentals. Unity refocuses strategy, Roblox brand deal controversy and Wuthering Waves’ liveops success | Week in Views
• Neutral Sentiment: General market lists that highlight insider-favored growth stocks include names with strong insider alignment — a tangential note for investors considering alignment of interests. Discover Precigen And 2 Other Insider-Favored Growth Stocks
• Negative Sentiment: Multiple outlets report a selloff after data and commentary pointed to weaker e‑commerce ad spending and client churn — the primary near-term demand risk for AppLovin’s ad-driven revenue. AppLovin stock falls 7% on weak e-commerce spending trends
• Negative Sentiment: Short interest and bearish research are picking up — headlines note a spike in short activity and a new short idea from Hedgeye, increasing selling pressure and volatility. AppLovin added as a new short idea at Hedgeye
• Negative Sentiment: Commentary pieces and market reports warn that AppLovin’s “easy money” era may be ending — investor caution is amplified by several articles pointing to higher scrutiny of growth assumptions and AI/monetization risks. AppLovin’s Easy Money Era Is Over
• Negative Sentiment: Coverage rounding up the selloff (CNBC, Blockonomi, MSN, Investopedia) highlights sharp intraday declines tied to demand worries and shorting activity — reinforcing negative momentum. Stocks making the biggest moves midday

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.