Bailard Inc. Purchases 11,973 Shares of AppLovin Corporation $APP

Bailard Inc. lifted its position in shares of AppLovin Corporation (NASDAQ:APP) by 1,579.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,731 shares of the company’s stock after purchasing an additional 11,973 shares during the quarter. Bailard Inc.’s holdings in AppLovin were worth $4,457,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in APP. Legal Advantage Investments Inc. acquired a new stake in AppLovin during the 2nd quarter worth approximately $1,523,000. Aberdeen Group plc increased its position in shares of AppLovin by 6.5% during the second quarter. Aberdeen Group plc now owns 114,180 shares of the company’s stock worth $39,972,000 after acquiring an additional 7,001 shares in the last quarter. Park Avenue Securities LLC raised its holdings in shares of AppLovin by 30.6% during the second quarter. Park Avenue Securities LLC now owns 20,890 shares of the company’s stock worth $7,313,000 after acquiring an additional 4,890 shares during the period. IFM Investors Pty Ltd raised its holdings in shares of AppLovin by 15.6% during the second quarter. IFM Investors Pty Ltd now owns 45,209 shares of the company’s stock worth $15,827,000 after acquiring an additional 6,104 shares during the period. Finally, Lee Johnson Capital Management LLC lifted its position in AppLovin by 13.6% in the 2nd quarter. Lee Johnson Capital Management LLC now owns 12,449 shares of the company’s stock valued at $4,358,000 after acquiring an additional 1,491 shares in the last quarter. Institutional investors own 41.85% of the company’s stock.

AppLovin Stock Performance

NASDAQ APP opened at $584.86 on Thursday. The firm has a market capitalization of $197.83 billion, a P/E ratio of 70.98, a price-to-earnings-growth ratio of 3.19 and a beta of 2.50. 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 firm’s fifty day moving average price is $612.54 and its two-hundred day moving average price is $459.12. AppLovin Corporation has a 1 year low of $200.50 and a 1 year high of $745.61.

AppLovin (NASDAQ:APP) last released its quarterly earnings data on Wednesday, November 5th. The company reported $2.45 earnings per share for the quarter, topping the consensus estimate of $2.34 by $0.11. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. AppLovin had a net margin of 51.27% and a return on equity of 258.49%. AppLovin’s revenue for the quarter was up 68.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.29 EPS. AppLovin has set its Q4 2025 guidance at EPS. As a group, research analysts anticipate that AppLovin Corporation will post 6.87 EPS for the current year.

Analyst Upgrades and Downgrades

APP has been the topic of several recent research reports. Citigroup dropped their price target on AppLovin from $850.00 to $820.00 and set a “buy” rating on the stock in a research note on Wednesday. Weiss Ratings raised AppLovin from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, November 7th. Needham & Company LLC reissued a “hold” rating on shares of AppLovin in a research report on Tuesday, August 26th. Royal Bank Of Canada raised their target price on shares of AppLovin from $700.00 to $750.00 and gave the company an “outperform” rating in a research report on Thursday, November 6th. Finally, Jefferies Financial Group lifted their price target on shares of AppLovin from $560.00 to $615.00 and gave the company a “buy” rating in a research note on Friday, September 5th. Twenty-one equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $658.27.

Insiders Place Their Bets

In other AppLovin news, insider Victoria Valenzuela sold 35,000 shares of the company’s stock in a transaction that occurred on 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 owned 269,955 shares in the company, valued at $135,579,499.65. This represents a 11.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CTO Vasily Shikin sold 30,000 shares of AppLovin stock in a transaction that occurred on 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 of the company’s stock, valued at $1,470,280,707.28. This represents a 0.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 434,138 shares of company stock worth $188,888,598 in the last three months. 13.66% of the stock is owned by corporate insiders.

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.