Florida Financial Advisors LLC Purchases 895 Shares of AppLovin Corporation $APP

Florida Financial Advisors LLC grew its position in AppLovin Corporation (NASDAQ:APP) by 21.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,130 shares of the company’s stock after purchasing an additional 895 shares during the quarter. AppLovin makes up about 0.9% of Florida Financial Advisors LLC’s portfolio, making the stock its 20th largest position. Florida Financial Advisors LLC’s holdings in AppLovin were worth $3,454,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Board of the Pension Protection Fund bought a new stake in shares of AppLovin in the 4th quarter valued at $27,000. Washington Trust Advisors Inc. boosted its stake in shares of AppLovin by 160.0% in the 4th quarter. Washington Trust Advisors Inc. now owns 39 shares of the company’s stock valued at $27,000 after purchasing an additional 24 shares during the last quarter. Laurel Wealth Advisors LLC bought a new stake in shares of AppLovin in the 4th quarter valued at $32,000. CBIZ Investment Advisory Services LLC boosted its stake in shares of AppLovin by 58.6% in the 3rd quarter. CBIZ Investment Advisory Services LLC now owns 46 shares of the company’s stock valued at $33,000 after purchasing an additional 17 shares during the last quarter. Finally, Graney & King LLC acquired a new position in shares of AppLovin during the 3rd quarter valued at $36,000. 41.85% of the stock is owned by institutional investors.

AppLovin Stock Performance

APP opened at $613.09 on Monday. The company has a current ratio of 3.24, a quick ratio of 3.24 and a debt-to-equity ratio of 1.49. The company’s fifty day moving average price is $456.58 and its two-hundred day moving average price is $520.78. AppLovin Corporation has a 1-year low of $320.00 and a 1-year high of $745.61. The company has a market cap of $205.96 billion, a price-to-earnings ratio of 52.67, a PEG ratio of 1.00 and a beta of 2.45.

AppLovin (NASDAQ:APP) last released its quarterly earnings data on Wednesday, May 6th. The company reported $3.56 earnings per share for the quarter, topping the consensus estimate of $3.44 by $0.12. AppLovin had a net margin of 64.29% and a return on equity of 219.37%. The firm had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.77 billion. During the same quarter in the prior year, the company posted $1.67 earnings per share. The business’s revenue was up 58.9% on a year-over-year basis. On average, analysts expect that AppLovin Corporation will post 15.86 EPS for the current fiscal year.

More AppLovin News

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

Insider Buying and Selling at AppLovin

In other AppLovin news, CTO Vasily Shikin sold 62,804 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $486.43, for a total transaction of $30,549,749.72. Following the transaction, the chief technology officer owned 3,255,273 shares in the company, valued at approximately $1,583,462,445.39. This represents a 1.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Matthew Stumpf sold 9,052 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $600.00, for a total transaction of $5,431,200.00. Following the transaction, the chief financial officer owned 177,450 shares in the company, valued at approximately $106,470,000. The trade was a 4.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 464,016 shares of company stock worth $218,477,985. Corporate insiders own 13.66% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on APP. Needham & Company LLC reiterated a “buy” rating and set a $700.00 target price on shares of AppLovin in a research report on Thursday. Benchmark reiterated a “buy” rating on shares of AppLovin in a research report 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 research report on Thursday, February 12th. JPMorgan Chase & Co. boosted their target price on shares of AppLovin from $500.00 to $515.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $700.00 target price on shares of AppLovin in a research report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat, AppLovin currently has a consensus rating of “Moderate Buy” and an average price target of $664.35.

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.