2,207 Shares in AppLovin Corporation $APP Acquired by Worth Asset Management LLC

Worth Asset Management LLC purchased a new position in shares of AppLovin Corporation (NASDAQ:APP) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 2,207 shares of the company’s stock, valued at approximately $1,137,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Calamos Advisors LLC lifted its position in AppLovin by 73.3% during the 4th quarter. Calamos Advisors LLC now owns 48,737 shares of the company’s stock worth $32,840,000 after acquiring an additional 20,609 shares during the period. Dara Capital US Inc. acquired a new position in shares of AppLovin in the fourth quarter valued at approximately $1,747,000. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of AppLovin by 12.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 195,265 shares of the company’s stock worth $131,573,000 after purchasing an additional 21,427 shares during the last quarter. Fifth Third Bancorp raised its stake in shares of AppLovin by 312.0% during the fourth quarter. Fifth Third Bancorp now owns 6,123 shares of the company’s stock worth $4,126,000 after purchasing an additional 4,637 shares during the last quarter. Finally, North Dakota State Investment Board acquired a new stake in shares of AppLovin during the fourth quarter worth $5,490,000. Hedge funds and other institutional investors own 41.85% of the company’s stock.

More AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin reported second-quarter revenue of $1.92 billion, up 52.8% year over year, while earnings of $3.76 per share were in line with consensus. Strong consumer-vertical momentum and a robust third-quarter outlook support the company’s growth narrative. AppLovin Q2 2026 earnings call highlights
• Positive Sentiment: Management said recent AI model improvements were affected by timing, while live gains and broader consumer adoption could drive stronger growth in the third quarter. The expansion of AXON Ads into self-serve advertising and new verticals such as fintech and connected TV could increase AppLovin’s addressable market. APP Q2 earnings call highlights
• Positive Sentiment: Citigroup lowered its price target from $710 to $650 but maintained a “buy” rating. Morgan Stanley also kept an “overweight” rating with a $650 target, indicating analysts still see substantial upside after the selloff.
• Positive Sentiment: AppLovin’s chief financial officer said the SEC investigation involving the company has been closed, removing a potentially significant regulatory overhang. SEC probe closure report

Analysts Set New Price Targets

APP has been the topic of a number of analyst reports. Piper Sandler lowered shares of AppLovin from an “overweight” rating to a “neutral” rating and lowered their price objective for the company from $665.00 to $385.00 in a research report on Thursday. Wedbush cut their price objective on shares of AppLovin from $640.00 to $610.00 and set an “outperform” rating for the company in a research report on Thursday. Morgan Stanley reduced their target price on shares of AppLovin from $720.00 to $650.00 and set an “overweight” rating for the company in a research note on Thursday. The Goldman Sachs Group lowered their target price on shares of AppLovin from $585.00 to $465.00 and set a “neutral” rating on the stock in a report on Thursday. Finally, JPMorgan Chase & Co. boosted their price target on shares of AppLovin from $500.00 to $515.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, AppLovin has an average rating of “Moderate Buy” and an average price target of $574.82.

Insider Transactions at AppLovin

In other AppLovin news, Director Maynard G. Webb, Jr. sold 3,076 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $521.29, for a total transaction of $1,603,488.04. Following the transaction, the director directly owned 120,444 shares in the company, valued at approximately $62,786,252.76. This represents a 2.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Eduardo Vivas sold 163,910 shares of the stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $504.06, for a total transaction of $82,620,474.60. Following the completion of the transaction, the director directly owned 6,785,087 shares of the company’s stock, valued at approximately $3,420,090,953.22. This trade represents a 2.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 393,000 shares of company stock valued at $197,297,363. 12.81% of the stock is owned by company insiders.

AppLovin Trading Up 3.3%

NASDAQ:APP opened at $346.80 on Friday. AppLovin Corporation has a 1 year low of $332.19 and a 1 year high of $745.61. The company has a debt-to-equity ratio of 1.11, a quick ratio of 3.24 and a current ratio of 4.30. The stock has a fifty day moving average price of $474.18 and a two-hundred day moving average price of $463.92. The stock has a market capitalization of $116.50 billion, a price-to-earnings ratio of 26.66, a PEG ratio of 0.55 and a beta of 2.54.

AppLovin (NASDAQ:APP) last issued its earnings results on Tuesday, August 4th. The company reported $3.76 EPS for the quarter, hitting the consensus estimate of $3.76. AppLovin had a net margin of 64.58% and a return on equity of 193.10%. The company had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.94 billion. During the same period in the previous year, the firm earned $2.39 EPS. The business’s revenue was up 52.8% on a year-over-year basis. As a group, sell-side analysts anticipate that AppLovin Corporation will post 15.87 earnings per share for the current fiscal year.

About AppLovin

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.