Campbell & CO Investment Adviser LLC Makes New $620,000 Investment in AppLovin Corporation $APP

Campbell & CO Investment Adviser LLC acquired a new stake in AppLovin Corporation (NASDAQ:APP) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,770 shares of the company’s stock, valued at approximately $620,000.

Other institutional investors have also modified their holdings of the company. Revolve Wealth Partners LLC acquired a new stake in AppLovin during the 4th quarter worth $294,000. Bison Wealth LLC purchased a new position in shares of AppLovin during the fourth quarter worth about $239,000. Sigma Planning Corp increased its position in AppLovin by 20.7% in the 1st quarter. Sigma Planning Corp now owns 3,026 shares of the company’s stock valued at $802,000 after acquiring an additional 519 shares during the period. Apollon Wealth Management LLC raised its stake in AppLovin by 35.0% during the 1st quarter. Apollon Wealth Management LLC now owns 4,141 shares of the company’s stock valued at $1,097,000 after acquiring an additional 1,073 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its position in AppLovin by 59.5% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 201 shares of the company’s stock worth $53,000 after acquiring an additional 75 shares during the period. 41.85% of the stock is owned by institutional investors and hedge funds.

AppLovin Price Performance

Shares of NASDAQ:APP opened at $557.70 on Friday. The firm has a market capitalization of $188.47 billion, a price-to-earnings ratio of 67.68, a price-to-earnings-growth ratio of 2.98 and a beta of 2.50. The company has a debt-to-equity ratio of 2.38, a current ratio of 3.25 and a quick ratio of 3.25. The business’s 50 day simple moving average is $615.01 and its 200-day simple moving average is $461.69. AppLovin Corporation has a 12 month low of $200.50 and a 12 month high of $745.61.

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

Insider Transactions at AppLovin

In other AppLovin news, CTO Vasily Shikin sold 30,000 shares of AppLovin stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $437.57, for a total transaction of $13,127,100.00. Following the completion of the transaction, the chief technology officer owned 3,360,104 shares in the company, valued at approximately $1,470,280,707.28. The trade was a 0.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Arash Adam Foroughi sold 90,000 shares of the company’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $421.04, for a total transaction of $37,893,600.00. Following the completion of the sale, the chief executive officer directly owned 2,620,054 shares in the company, valued at $1,103,147,536.16. This trade represents a 3.32% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 484,338 shares of company stock worth $243,010,812. Corporate insiders own 13.66% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Piper Sandler upped their price target on AppLovin from $740.00 to $800.00 and gave the stock an “overweight” rating in a research note on Thursday, November 6th. Scotiabank raised their target price on shares of AppLovin from $575.00 to $750.00 and gave the stock an “outperform” rating in a research note on Thursday, November 6th. Weiss Ratings reiterated a “buy (b-)” rating on shares of AppLovin in a research note on Thursday. The Goldman Sachs Group raised their price objective on shares of AppLovin from $630.00 to $720.00 and gave the company a “neutral” rating in a research report on Friday, November 7th. Finally, Benchmark boosted their target price on AppLovin from $640.00 to $700.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Twenty-one 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 data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $658.27.

AppLovin 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.