Tidal Investments LLC Sells 11,001 Shares of AppLovin Corporation $APP

Tidal Investments LLC decreased its holdings in shares of AppLovin Corporation (NASDAQ:APP) by 31.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,197 shares of the company’s stock after selling 11,001 shares during the quarter. Tidal Investments LLC’s holdings in AppLovin were worth $12,467,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Bienville Capital Management LLC increased its stake in AppLovin by 38.5% in the 2nd quarter. Bienville Capital Management LLC now owns 22,444 shares of the company’s stock valued at $11,564,000 after buying an additional 6,243 shares during the last quarter. Archford Capital Strategies LLC bought a new position in shares of AppLovin in the 2nd quarter valued at about $258,000. National Pension Service grew its holdings in shares of AppLovin by 5.0% in the 2nd quarter. National Pension Service now owns 586,028 shares of the company’s stock valued at $301,939,000 after acquiring an additional 27,701 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC acquired a new stake in shares of AppLovin in the second quarter valued at about $246,000. Finally, Integrated Wealth Concepts LLC increased its position in shares of AppLovin by 20.9% in the second quarter. Integrated Wealth Concepts LLC now owns 3,131 shares of the company’s stock valued at $1,613,000 after acquiring an additional 541 shares during the last quarter. Institutional investors own 41.85% of the company’s stock.

Key Headlines Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Citi initiated a short-term upside view and set a $600 price target, a potentially significant catalyst for AppLovin given the target’s large premium to the recent trading range. Citi initiates short-term upside view on AppLovin
• Positive Sentiment: Recent coverage highlights AppLovin’s AI-powered advertising engine, strong monetization efficiency and exceptional margins. A separate analysis noted trailing operating margin expansion to 77.4% from 69.6%, suggesting profitability remains robust even as growth expectations have cooled. Should You Buy AppLovin Stock For Its Widening Margin?
• Positive Sentiment: AppLovin’s second-quarter revenue increased 53% year over year, and investors have recently focused on the potential for an AI-ad-tech rebound. Comparisons with Meta Platforms, Reddit and The Trade Desk also emphasize AppLovin’s scalable software model and high profitability. AppLovin vs. The Trade Desk
• Neutral Sentiment: Analysts collectively maintain a “Moderate Buy” recommendation, indicating generally constructive sentiment but not unanimous conviction. AppLovin receives Moderate Buy recommendation
• Negative Sentiment: Multiple reports cited analyst downgrades, which have pressured the stock and reinforced concerns that revenue growth is decelerating. Although sales continue to expand, investors are questioning whether AppLovin can sustain its earlier growth rate and justify its valuation after a sharp multi-month decline. AppLovin stock price following analyst downgrade

AppLovin Trading Up 3.0%

AppLovin stock opened at $323.96 on Friday. AppLovin Corporation has a 52 week low of $297.50 and a 52 week high of $745.61. The company has a debt-to-equity ratio of 1.11, a quick ratio of 4.30 and a current ratio of 4.30. The stock has a market capitalization of $108.41 billion, a P/E ratio of 24.90, a PEG ratio of 0.66 and a beta of 2.49. The stock has a 50-day simple moving average of $373.45 and a 200 day simple moving average of $437.29.

AppLovin (NASDAQ:APP) last released its quarterly earnings data on Tuesday, August 4th. The company reported $3.76 earnings per share (EPS) for the quarter, meeting the consensus estimate of $3.76. AppLovin had a return on equity of 193.10% and a net margin of 64.58%.The firm had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.94 billion. During the same quarter in the prior year, the company earned $2.39 earnings per share. The business’s revenue for the quarter was up 52.8% compared to the same quarter last year. Analysts expect that AppLovin Corporation will post 15.53 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages recently commented on APP. Evercore reissued an “outperform” rating and set a $510.00 price target on shares of AppLovin in a research report on Tuesday, September 1st. Raymond James Financial started coverage on AppLovin in a research report on Monday, June 29th. They set a “strong-buy” rating and a $640.00 price target on the stock. Royal Bank Of Canada dropped their price objective on AppLovin from $700.00 to $575.00 and set an “outperform” rating on the stock in a research note on Thursday, August 6th. The Goldman Sachs Group cut their price objective on AppLovin from $585.00 to $465.00 and set a “neutral” rating for the company in a report on Thursday, August 6th. Finally, Wells Fargo & Company decreased their target price on shares of AppLovin from $357.00 to $325.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 19th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $538.09.

Insider Activity at AppLovin

In related news, Director Eduardo Vivas sold 163,910 shares of the stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $504.06, for a total value of $82,620,474.60. Following the sale, the director owned 6,785,087 shares in the company, valued at approximately $3,420,090,953.22. This represents a 2.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Maynard G. Webb, Jr. sold 3,076 shares of the firm’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $521.29, for a total value of $1,603,488.04. Following the sale, the director directly owned 120,444 shares of the company’s stock, valued at $62,786,252.76. This represents a 2.49% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 12.81% of the company’s stock.

AppLovin Company Profile

AppLovin Corporation (NASDAQ: APP) is a technology company that provides software and services designed to help mobile application developers grow their businesses. Its platform supports user acquisition, advertising, monetization, measurement and other functions that enable developers to attract users and generate revenue from their applications.

AppLovin’s offerings include AXON, an artificial-intelligence-powered software engine used to optimize advertising and user-acquisition campaigns; MAX, a platform for managing in-app advertising and mediation; and AppDiscovery, which helps developers promote their applications.