Bell Bank Makes New $969,000 Investment in AppLovin Corporation $APP

Bell Bank acquired a new stake in shares of AppLovin Corporation (NASDAQ:APP) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,335 shares of the company’s stock, valued at approximately $969,000.

Several other hedge funds have also recently bought and sold shares of the stock. State Street Corp increased its holdings in shares of AppLovin by 28.3% during the second quarter. State Street Corp now owns 15,095,667 shares of the company’s stock worth $7,777,741,000 after buying an additional 3,328,338 shares in the last quarter. WCM Investment Management LLC grew its holdings in AppLovin by 5.2% during the 1st quarter. WCM Investment Management LLC now owns 5,001,600 shares of the company’s stock worth $1,860,995,000 after acquiring an additional 245,290 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in AppLovin by 7.5% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,735,471 shares of the company’s stock valued at $894,167,000 after acquiring an additional 121,605 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in shares of AppLovin during the second quarter valued at approximately $730,015,000. Finally, Amundi increased its holdings in shares of AppLovin by 19.5% in the second quarter. Amundi now owns 1,332,633 shares of the company’s stock valued at $686,612,000 after purchasing an additional 217,214 shares in the last quarter. 41.85% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Daiwa Securities Group cut their price target on AppLovin from $569.00 to $345.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 19th. William Blair set a $440.00 price objective on shares of AppLovin in a research note on Monday, August 17th. The Goldman Sachs Group reduced their price target on AppLovin from $465.00 to $400.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 14th. Jefferies Financial Group reduced their price objective on shares of AppLovin from $550.00 to $375.00 and set a “buy” rating on the stock in a research note on Thursday, October 8th. Finally, UBS Group reduced their price target on shares of AppLovin from $798.00 to $790.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $507.75.

Key AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Analysts continue to expect solid profitability and a double-digit increase in AppLovin’s third-quarter earnings, supporting the view that its AI-powered advertising platform remains a powerful growth and cash-generation engine. What to Expect From AppLovin’s Q3 2026 Earnings Report
• Neutral Sentiment: Citigroup cut its AppLovin price target from $600 to $500 but maintained a Buy rating. The reduced target reflects more cautious expectations, while the retained rating indicates the analyst still sees substantial long-term upside. AppLovin Stock Price Target Cut by Citigroup
• Negative Sentiment: Several law firms publicized a securities class action against AppLovin and certain executives. The lawsuits allege investors were misled about the progress of AppLovin’s AI models, generative-AI video tool, projected revenue growth, and self-service advertising platform. Investors who purchased shares between February 12 and August 5, 2026, have until November 16 to seek lead-plaintiff status. The litigation adds legal, reputational, and disclosure risks, although the allegations have not been proven. AppLovin Investor Loss Notice
• Negative Sentiment: Investor sentiment has also been weakened by concerns that advertising growth is slowing, execution fell short of earlier expectations, and development delays affected the rollout of AppLovin’s AI video-creative tool. Recent commentary notes that the shares declined about 12.6% over the month through October 19 as valuation concerns and analyst target cuts compounded the litigation news. AppLovin Just Dropped 12% in a Month

AppLovin Price Performance

NASDAQ APP opened at $272.46 on Wednesday. The company has a market capitalization of $91.18 billion, a PE ratio of 20.94, a price-to-earnings-growth ratio of 0.56 and a beta of 2.56. AppLovin Corporation has a 12-month low of $260.59 and a 12-month high of $738.01. The firm’s 50 day moving average is $302.84 and its 200-day moving average is $409.81. The company has a quick ratio of 4.30, a current ratio of 4.30 and a debt-to-equity ratio of 1.11.

AppLovin (NASDAQ:APP) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $3.76 EPS for the quarter, hitting the consensus estimate of $3.76. The firm had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.94 billion. AppLovin had a net margin of 64.58% and a return on equity of 193.10%. The company’s revenue for the quarter was up 52.8% on a year-over-year basis. During the same period in the previous year, the firm posted $2.39 EPS. Equities research analysts anticipate that AppLovin Corporation will post 15.67 earnings per share for the current fiscal year.

AppLovin Company Profile

AppLovin Corporation is a technology company that provides software and services designed to help mobile application developers grow, monetize and operate their businesses. Its platform supports user acquisition, advertising, mediation, analytics and other functions across the mobile app ecosystem.

The company’s principal products include AppDiscovery, which helps developers market their applications and acquire users; MAX, an in-app bidding and monetization platform; and its AXON technology, an artificial intelligence-powered engine intended to improve advertising performance and match users with relevant applications and content.