AppLovin (NASDAQ:APP) CFO Sells $2,518,971.84 in Stock

AppLovin Corporation (NASDAQ:APP) CFO Matthew Stumpf sold 4,884 shares of AppLovin stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $515.76, for a total transaction of $2,518,971.84. Following the sale, the chief financial officer owned 191,161 shares of the company’s stock, valued at approximately $98,593,197.36. This represents a 2.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

AppLovin Stock Performance

Shares of APP stock opened at $586.37 on Thursday. AppLovin Corporation has a one year low of $200.50 and a one year high of $745.61. The company has a debt-to-equity ratio of 2.38, a quick ratio of 3.25 and a current ratio of 3.25. The firm’s 50 day moving average price is $609.20 and its 200-day moving average price is $476.21. The firm has a market cap of $198.16 billion, a P/E ratio of 71.16, a P/E/G ratio of 2.98 and a beta of 2.50.

AppLovin (NASDAQ:APP) last released its quarterly 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. AppLovin had a return on equity of 258.49% and a net margin of 51.27%.The company had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.34 billion. During the same period in the prior year, the firm earned $1.29 earnings per share. The firm’s revenue was up 68.2% compared to the same quarter last year. AppLovin has set its Q4 2025 guidance at EPS. As a group, equities research analysts predict that AppLovin Corporation will post 6.87 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Citigroup lowered their target price on AppLovin from $850.00 to $820.00 and set a “buy” rating for the company in a report on Wednesday, November 12th. Bank of America increased their price target on shares of AppLovin from $580.00 to $860.00 and gave the stock a “buy” rating in a research report on Wednesday, October 1st. Needham & Company LLC restated a “hold” rating on shares of AppLovin in a report on Tuesday, August 26th. UBS Group upped their target price on shares of AppLovin from $810.00 to $840.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Finally, Piper Sandler raised their price target on shares of AppLovin from $740.00 to $800.00 and gave the company an “overweight” rating in a research 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, AppLovin has a consensus rating of “Moderate Buy” and an average price target of $658.27.

Hedge Funds Weigh In On AppLovin

Large investors have recently bought and sold shares of the business. Aberdeen Group plc raised its holdings in AppLovin by 6.5% in the 2nd quarter. Aberdeen Group plc now owns 114,180 shares of the company’s stock valued at $39,972,000 after acquiring an additional 7,001 shares during the last quarter. Legal Advantage Investments Inc. purchased a new stake in AppLovin in the 2nd quarter valued at about $1,523,000. IFM Investors Pty Ltd grew its holdings in AppLovin by 15.6% in the second quarter. IFM Investors Pty Ltd now owns 45,209 shares of the company’s stock valued at $15,827,000 after purchasing an additional 6,104 shares during the period. Park Avenue Securities LLC increased its position in 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 purchasing an additional 4,890 shares during the last quarter. Finally, Lee Johnson Capital Management LLC raised its stake in AppLovin by 13.6% during the second quarter. Lee Johnson Capital Management LLC now owns 12,449 shares of the company’s stock worth $4,358,000 after purchasing an additional 1,491 shares during the period. Hedge funds and other institutional investors own 41.85% of the company’s stock.

About AppLovin

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.