GC Wealth Management RIA LLC Trims Stock Position in AppLovin Corporation $APP

GC Wealth Management RIA LLC cut its holdings in AppLovin Corporation (NASDAQ:APP) by 42.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,589 shares of the company’s stock after selling 1,187 shares during the quarter. GC Wealth Management RIA LLC’s holdings in AppLovin were worth $1,071,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. increased its position in AppLovin by 39.4% during the third quarter. Vanguard Group Inc. now owns 24,954,458 shares of the company’s stock worth $17,930,776,000 after buying an additional 7,051,663 shares in the last quarter. State Street Corp lifted its position in shares of AppLovin by 111.1% in the third quarter. State Street Corp now owns 11,852,466 shares of the company’s stock valued at $8,516,471,000 after acquiring an additional 6,237,051 shares in the last quarter. Rakuten Investment Management Inc. purchased a new stake in shares of AppLovin in the third quarter valued at $1,456,108,000. Jennison Associates LLC boosted its stake in shares of AppLovin by 55.2% during the third quarter. Jennison Associates LLC now owns 3,886,150 shares of the company’s stock valued at $2,792,355,000 after acquiring an additional 1,381,970 shares during the last quarter. Finally, Capital Research Global Investors purchased a new stake in AppLovin during the 3rd quarter worth about $743,899,000. 41.85% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at AppLovin

In other AppLovin news, CTO Vasily Shikin sold 5,231 shares of the stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $477.47, for a total transaction of $2,497,645.57. Following the transaction, the chief technology officer owned 30,658 shares of the company’s stock, valued at $14,638,275.26. This trade represents a 14.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Eduardo Vivas sold 163,910 shares of AppLovin stock in a transaction on Monday, March 16th. The shares were sold at an average price of $453.49, for a total transaction of $74,331,545.90. Following the completion of the transaction, the director owned 6,969,382 shares in the company, valued at approximately $3,160,545,043.18. This trade represents a 2.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 365,244 shares of company stock worth $169,584,607. 13.66% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Wedbush boosted their target price on shares of AppLovin from $465.00 to $640.00 and gave the company an “outperform” rating in a research note on Thursday, February 12th. Piper Sandler reaffirmed an “overweight” rating and set a $650.00 price target (down from $800.00) on shares of AppLovin in a research note on Thursday, February 12th. Needham & Company LLC reissued a “buy” rating and issued a $700.00 price objective on shares of AppLovin in a research report on Wednesday, March 11th. Zacks Research downgraded shares of AppLovin from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 12th. Finally, Citigroup decreased 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. One equities research 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 stock. Based on data from MarketBeat.com, AppLovin presently has an average rating of “Moderate Buy” and a consensus target price of $673.25.

AppLovin Stock Performance

NASDAQ APP opened at $443.43 on Thursday. The business’s 50-day moving average price is $437.08 and its 200 day moving average price is $536.90. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 1.65. AppLovin Corporation has a twelve month low of $246.00 and a twelve month high of $745.61. The company has a market capitalization of $149.56 billion, a PE ratio of 45.48, a price-to-earnings-growth ratio of 0.80 and a beta of 2.50.

AppLovin (NASDAQ:APP) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $3.24 EPS for the quarter, beating the consensus estimate of $2.89 by $0.35. AppLovin had a return on equity of 245.64% and a net margin of 57.42%.The company had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.61 billion. During the same quarter in the previous year, the business earned $1.73 EPS. The firm’s revenue was up 66.0% on a year-over-year basis. On average, research analysts predict that AppLovin Corporation will post 15.72 earnings per share for the current year.

AppLovin News Roundup

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Multiple bullish write-ups argue AppLovin retains structural advantages — strong margins, a sticky ad-tech ecosystem, and a multi-year mobile-ad growth runway that could support further revenue and margin expansion. AppLovin: The Bullish Levers Are Still In Place
• Positive Sentiment: Other bullish analysts contend the market over-penalized APP during the sector selloff, calling the stock attractively valued given its growth and high margins — a potential catalyst if earnings and guide meet expectations. AppLovin: The Bears Overplayed Their Hand
• Positive Sentiment: An initiation/conviction piece recommends APP as a top software/infra-like ad-tech pick, highlighting 2025 revenue and EBITDA strength and management’s continued growth narrative. This sort of endorsement can attract new institutional interest. AppLovin: The Only Software Company I’m Buying
• Positive Sentiment: Coverage in “insider-owned growth” roundups highlights insider ownership as a supportive signal — useful for longer-term investor confidence if insider stakes remain high. Insider Owned Growth Companies To Watch In April 2026
• Neutral Sentiment: Alger Mid Cap Growth Fund’s quarterly review lists AppLovin among detractors from that fund’s Q1 performance — a signal of tactical selling by at least one active manager but not a direct reflection of company fundamentals. Alger Mid Cap Growth Fund Q1 2026 Portfolio Review
• Negative Sentiment: Market headlines note AppLovin underperformed the broader market intraday, reflecting short-term profit-taking and volatility after a strong run — press coverage of the drop can amplify selling pressure. AppLovin (APP) Suffers a Larger Drop Than the General Market: Key Insights
• Negative Sentiment: Pre-earnings notes warn AppLovin may lack the ideal setup for an earnings beat next week — heightened expectations or a miss could prompt further near-term downside or volatility. AppLovin (APP) Reports Next Week: Wall Street Expects Earnings Growth

AppLovin 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.