SBI Securities Co. Ltd. Boosts Stock Holdings in AppLovin Corporation $APP

SBI Securities Co. Ltd. raised its stake in AppLovin Corporation (NASDAQ:APP) by 2.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,514 shares of the company’s stock after purchasing an additional 186 shares during the quarter. SBI Securities Co. Ltd.’s holdings in AppLovin were worth $2,280,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Revolve Wealth Partners LLC acquired a new position in AppLovin in the fourth quarter valued at $294,000. Bison Wealth LLC acquired a new position in shares of AppLovin in the 4th quarter valued at about $239,000. Allworth Financial LP grew its holdings in shares of AppLovin by 25.9% during the 1st quarter. Allworth Financial LP now owns 855 shares of the company’s stock worth $229,000 after purchasing an additional 176 shares during the period. Cerity Partners LLC increased its position in AppLovin by 18.7% during the 1st quarter. Cerity Partners LLC now owns 20,960 shares of the company’s stock worth $5,554,000 after purchasing an additional 3,300 shares in the last quarter. Finally, Stephens Inc. AR raised its holdings in AppLovin by 10.8% in the first quarter. Stephens Inc. AR now owns 8,004 shares of the company’s stock valued at $2,121,000 after buying an additional 780 shares during the period. 41.85% of the stock is currently owned by institutional investors and hedge funds.

AppLovin Trading Down 1.7%

NASDAQ:APP opened at $584.86 on Thursday. The stock has a market cap of $197.83 billion, a price-to-earnings ratio of 70.98, a price-to-earnings-growth ratio of 3.19 and a beta of 2.50. AppLovin Corporation has a one year low of $200.50 and a one year high of $745.61. The company has a debt-to-equity ratio of 2.38, a quick ratio of 3.25 and a current ratio of 3.25. The business’s 50-day simple moving average is $612.54 and its 200 day simple moving average is $459.12.

AppLovin (NASDAQ:APP) last posted 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. AppLovin had a return on equity of 258.49% and a net margin of 51.27%.The company had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same period in the previous year, the business earned $1.29 EPS. AppLovin’s revenue for the quarter was up 68.2% compared to the same quarter last year. AppLovin has set its Q4 2025 guidance at EPS. As a group, sell-side analysts predict that AppLovin Corporation will post 6.87 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have issued reports on APP. JPMorgan Chase & Co. boosted their price objective on shares of AppLovin from $425.00 to $650.00 and gave the stock a “neutral” rating in a research note on Thursday, November 6th. Zacks Research cut shares of AppLovin from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Royal Bank Of Canada raised their price objective on AppLovin from $700.00 to $750.00 and gave the company an “outperform” rating in a research report on Thursday, November 6th. Weiss Ratings raised AppLovin from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, November 7th. Finally, Morgan Stanley increased their target price on AppLovin from $480.00 to $750.00 and gave the company an “overweight” rating in a research note on Monday, September 29th. Twenty-one research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $658.27.

Insider Transactions at AppLovin

In other AppLovin news, insider Victoria Valenzuela sold 35,000 shares of the stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $502.23, for a total transaction of $17,578,050.00. Following the transaction, the insider directly owned 269,955 shares in the company, valued at $135,579,499.65. This represents a 11.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CTO Vasily Shikin sold 30,000 shares of the business’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $437.57, for a total transaction of $13,127,100.00. Following the completion of the sale, the chief technology officer directly owned 3,360,104 shares of the company’s stock, valued at $1,470,280,707.28. The trade was a 0.88% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 434,138 shares of company stock valued at $188,888,598 over the last ninety days. 13.66% of the stock is currently owned by corporate insiders.

AppLovin Company 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.