Savant Capital LLC Has $1.02 Million Stake in AppLovin Corporation $APP

Savant Capital LLC lowered its stake in shares of AppLovin Corporation (NASDAQ:APP) by 72.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,925 shares of the company’s stock after selling 7,722 shares during the quarter. Savant Capital LLC’s holdings in AppLovin were worth $1,024,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Vestcor Inc lifted its position in shares of AppLovin by 0.8% during the 1st quarter. Vestcor Inc now owns 4,108 shares of the company’s stock valued at $1,088,000 after acquiring an additional 33 shares during the period. Fortitude Family Office LLC raised its stake in AppLovin by 32.7% in the second quarter. Fortitude Family Office LLC now owns 138 shares of the company’s stock valued at $48,000 after purchasing an additional 34 shares in the last quarter. GSG Advisors LLC lifted its position in AppLovin by 0.3% during the first quarter. GSG Advisors LLC now owns 10,256 shares of the company’s stock worth $2,820,000 after purchasing an additional 35 shares during the period. LMG Wealth Partners LLC lifted its position in AppLovin by 0.5% during the second quarter. LMG Wealth Partners LLC now owns 7,941 shares of the company’s stock worth $2,780,000 after purchasing an additional 39 shares during the period. Finally, Atlas Capital Advisors Inc. grew its stake in AppLovin by 11.3% during the first quarter. Atlas Capital Advisors Inc. now owns 394 shares of the company’s stock worth $104,000 after buying an additional 40 shares in the last quarter. Institutional investors own 41.85% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Weiss Ratings upgraded shares of AppLovin from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, November 7th. Wells Fargo & Company lifted their price objective on shares of AppLovin from $633.00 to $721.00 and gave the company an “overweight” rating in a research note on Friday, November 7th. Jefferies Financial Group upped their target price on AppLovin from $560.00 to $615.00 and gave the stock a “buy” rating in a research note on Friday, September 5th. Wall Street Zen downgraded AppLovin from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Finally, Bank of America boosted their price target on AppLovin from $580.00 to $860.00 and gave the stock a “buy” rating in a report on Wednesday, October 1st. Twenty-one research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, AppLovin currently has a consensus rating of “Moderate Buy” and an average price target of $658.27.

Insider Activity

In related news, CEO Arash Adam Foroughi sold 26,200 shares of AppLovin stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $440.23, for a total transaction of $11,534,026.00. Following the sale, the chief executive officer directly owned 2,590,054 shares in the company, valued at $1,140,219,472.42. This trade represents a 1.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Victoria Valenzuela sold 35,000 shares of the business’s stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $502.23, for a total transaction of $17,578,050.00. Following the sale, the insider directly owned 269,955 shares in the company, valued at $135,579,499.65. The trade was a 11.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 484,338 shares of company stock valued at $243,010,812. 13.66% of the stock is currently owned by company insiders.

AppLovin Stock Performance

NASDAQ APP opened at $556.15 on Friday. AppLovin Corporation has a fifty-two week low of $200.50 and a fifty-two week high of $745.61. The stock has a market cap of $188.12 billion, a PE ratio of 67.49, a PEG ratio of 3.14 and a beta of 2.50. 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 firm’s fifty day moving average price is $613.66 and its two-hundred day moving average price is $459.79.

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

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.