Matthew Stumpf Sells 9,052 Shares of AppLovin (NASDAQ:APP) Stock

AppLovin Corporation (NASDAQ:APP) CFO Matthew Stumpf sold 9,052 shares of AppLovin stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $600.00, for a total value of $5,431,200.00. Following the sale, the chief financial officer owned 177,450 shares in the company, valued at $106,470,000. The trade was a 4.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

AppLovin Trading Up 2.2%

NASDAQ APP opened at $613.09 on Friday. The stock has a market capitalization of $205.96 billion, a price-to-earnings ratio of 52.67, a PEG ratio of 1.00 and a beta of 2.37. AppLovin Corporation has a one year low of $320.00 and a one year high of $745.61. The company has a debt-to-equity ratio of 1.49, a current ratio of 3.24 and a quick ratio of 3.24. The business’s fifty day moving average is $456.58 and its 200-day moving average is $521.70.

AppLovin (NASDAQ:APP) last released its earnings results on Wednesday, May 6th. The company reported $3.56 EPS for the quarter, topping analysts’ consensus estimates of $3.44 by $0.12. The company had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.77 billion. AppLovin had a return on equity of 219.37% and a net margin of 64.29%.The business’s revenue for the quarter was up 58.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.67 EPS. Equities research analysts predict that AppLovin Corporation will post 15.86 EPS for the current year.

AppLovin News Roundup

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Needham reaffirmed its Buy rating and lifted its price target to $700, reinforcing the view that AppLovin still has room to run. Needham Reaffirms Buy Rating on AppLovin
• Positive Sentiment: Deutsche Bank also raised its price target to $660 while maintaining a Buy rating, adding to the bullish analyst backdrop. Why Wall Street Still Sees More Upside In AppLovin
• Positive Sentiment: Zacks said AppLovin’s AI-powered ad platform is driving record revenue momentum as demand expands across digital advertising and e-commerce, suggesting the company’s growth story remains intact. AppLovin’s Revenue Momentum Reflects AI-Driven Advertising Demand
• Positive Sentiment: Multiple reports noted the stock moved higher after positive analyst commentary tied to strong recent financial results and the upcoming AI advertising platform rollout. Why AppLovin (APP) Stock Is Trading Up Today
• Neutral Sentiment: A Zacks roundup also grouped AppLovin with other growth names, but the mention was largely a general analyst note rather than a new company-specific catalyst. Zacks Analyst Blog Highlights Citigroup, TotalEnergies, AppLovin
• Neutral Sentiment: One analysis compared AppLovin with Coherent and argued COHR has an edge due to valuation and AI infrastructure demand, but this appears more like relative commentary than a direct fundamental setback for APP. Coherent vs. AppLovin: Which AI Growth Stock Is Better Positioned?
• Negative Sentiment: Recent insider selling by CTO Vasily Shikin may temper sentiment somewhat, though the sales were small relative to his remaining holdings and are outweighed by the bullish analyst-driven narrative. AppLovin CTO Insider Sales

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on APP shares. Morgan Stanley reiterated an “overweight” rating on shares of AppLovin in a research note on Wednesday. Zacks Research cut AppLovin from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 12th. JPMorgan Chase & Co. boosted their price objective on AppLovin from $500.00 to $515.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Arete Research set a $340.00 price objective on AppLovin and gave the company a “neutral” rating in a research note on Monday, March 2nd. Finally, Needham & Company LLC restated a “buy” rating and issued a $700.00 price objective on shares of AppLovin in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $664.35.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Glenmede Trust Co. NA grew its holdings in AppLovin by 12.2% during the 1st quarter. Glenmede Trust Co. NA now owns 5,075 shares of the company’s stock valued at $2,020,000 after buying an additional 550 shares in the last quarter. Groupama Asset Managment purchased a new position in AppLovin during the 1st quarter valued at about $572,000. Verus Capital Partners LLC grew its holdings in AppLovin by 122.7% during the 1st quarter. Verus Capital Partners LLC now owns 686 shares of the company’s stock valued at $273,000 after buying an additional 378 shares in the last quarter. Liontrust Investment Partners LLP grew its holdings in AppLovin by 2.5% during the 1st quarter. Liontrust Investment Partners LLP now owns 20,272 shares of the company’s stock valued at $8,068,000 after buying an additional 485 shares in the last quarter. Finally, Western Wealth Management LLC purchased a new position in AppLovin during the 1st quarter valued at about $194,000. Hedge funds and other institutional investors own 41.85% of the company’s stock.

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.