AppLovin Corporation $APP Shares Purchased by Forsta AP Fonden

Forsta AP Fonden increased its stake in shares of AppLovin Corporation (NASDAQ:APP) by 26.5% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 87,400 shares of the company’s stock after purchasing an additional 18,300 shares during the period. Forsta AP Fonden’s holdings in AppLovin were worth $30,597,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in APP. Hilltop National Bank acquired a new position in AppLovin during the second quarter worth $26,000. LFA Lugano Financial Advisors SA purchased a new stake in shares of AppLovin in the 2nd quarter valued at $26,000. SouthState Corp purchased a new stake in shares of AppLovin in the 1st quarter valued at $29,000. Hoey Investments Inc. acquired a new position in AppLovin during the 2nd quarter worth about $35,000. Finally, Trust Co. of Vermont purchased a new position in AppLovin during the 2nd quarter valued at about $35,000. Institutional investors and hedge funds own 41.85% of the company’s stock.

AppLovin Price Performance

Shares of APP opened at $594.91 on Wednesday. The firm has a market capitalization of $201.23 billion, a price-to-earnings ratio of 72.20, a PEG ratio of 3.48 and a beta of 2.50. The firm’s fifty day simple moving average is $610.59 and its 200-day simple moving average is $458.23. AppLovin Corporation has a twelve month low of $200.50 and a twelve month high of $745.61. The company has a current ratio of 3.25, a quick ratio of 3.25 and a debt-to-equity ratio of 2.38.

AppLovin (NASDAQ:APP) last issued its earnings results 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 the consensus estimate of $1.34 billion. AppLovin had a net margin of 51.27% and a return on equity of 258.49%. The company’s revenue was up 68.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.29 earnings per share. AppLovin has set its Q4 2025 guidance at EPS. Equities analysts forecast that AppLovin Corporation will post 6.87 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CTO Vasily Shikin sold 30,000 shares of the stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $437.57, for a total value of $13,127,100.00. Following the transaction, the chief technology officer owned 3,360,104 shares in the company, valued at approximately $1,470,280,707.28. This represents a 0.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Victoria Valenzuela sold 35,000 shares of the firm’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $502.23, for a total value of $17,578,050.00. Following the sale, the insider directly owned 269,955 shares in the company, valued at $135,579,499.65. This trade represents a 11.48% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 634,138 shares of company stock valued at $275,386,598. 13.66% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on APP. The Goldman Sachs Group increased their price target on shares of AppLovin from $630.00 to $720.00 and gave the stock a “neutral” rating in a research report on Friday, November 7th. Scotiabank increased their target price on shares of AppLovin from $575.00 to $750.00 and gave the stock an “outperform” rating in a report on Thursday, November 6th. Deutsche Bank Aktiengesellschaft set a $705.00 price target on shares of AppLovin and gave the stock a “buy” rating in a research note on Wednesday, October 22nd. Benchmark upped their price objective on AppLovin from $640.00 to $700.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Finally, JPMorgan Chase & Co. lifted their target price on AppLovin from $425.00 to $650.00 and gave the company a “neutral” rating in a report on Thursday, November 6th. Twenty-one research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $659.64.

AppLovin Company Profile

AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally. It operates through two segments, Software Platform and Apps. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; MAX, an in-app bidding software that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform that provides marketers with the visibility, insights, and tools needed to grow their apps from early stage to maturity; and Wurl, a connected TV platform, which distributes streaming video for content companies and provides advertising and publishing solutions through its AdPool, ContentDiscovery, and Global FAST Pass products.