Strs Ohio Has $220.52 Million Holdings in AppLovin Corporation $APP

Strs Ohio trimmed its stake in AppLovin Corporation (NASDAQ:APP) by 14.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 306,904 shares of the company’s stock after selling 51,020 shares during the period. AppLovin comprises approximately 0.8% of Strs Ohio’s investment portfolio, making the stock its 17th biggest position. Strs Ohio owned approximately 0.09% of AppLovin worth $220,523,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Heartwood Wealth Advisors LLC bought a new position in shares of AppLovin during the third quarter worth about $33,000. Bogart Wealth LLC raised its holdings in AppLovin by 100.0% during the 3rd quarter. Bogart Wealth LLC now owns 48 shares of the company’s stock worth $34,000 after purchasing an additional 24 shares during the last quarter. Wolff Wiese Magana LLC acquired a new position in shares of AppLovin in the 3rd quarter worth approximately $39,000. Proffitt & Goodson Inc. boosted its stake in shares of AppLovin by 65.7% in the 3rd quarter. Proffitt & Goodson Inc. now owns 58 shares of the company’s stock valued at $42,000 after purchasing an additional 23 shares during the last quarter. Finally, Financial Network Wealth Advisors LLC raised its stake in AppLovin by 500.0% during the third quarter. Financial Network Wealth Advisors LLC now owns 60 shares of the company’s stock worth $43,000 after buying an additional 50 shares during the last quarter. Institutional investors own 41.85% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on APP shares. The Goldman Sachs Group raised their price objective on AppLovin from $630.00 to $720.00 and gave the company a “neutral” rating in a research note on Friday, November 7th. Jefferies Financial Group lifted their price target on AppLovin from $800.00 to $860.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Benchmark increased their price objective on AppLovin from $700.00 to $775.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Bank of America upped 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. Finally, Evercore ISI started coverage on shares of AppLovin in a report on Wednesday, January 14th. They set an “outperform” rating and a $835.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, AppLovin has an average rating of “Moderate Buy” and a consensus target price of $706.76.

AppLovin News Summary

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Analyst bullish case: A Forbes piece lays out a path to $700 for APP based on continued ad‑tech scale, margin expansion and strong growth in mobile monetization, supporting a constructive long‑term thesis for patient investors. Read More.
• Positive Sentiment: Company rebuttal: AppLovin publicly asserts full compliance with SEC rules and calls the short‑seller’s capital‑structure claims “factually erroneous,” an attempt to blunt reputational damage and limit regulatory fallout. That defense could reduce downside if it reassures institutional holders. Read More.
• Neutral Sentiment: Volatility framed as feature: Commentary from Zacks argues APP’s sharp price swings reflect sentiment around ad cycles and investor positioning rather than deterioration of the underlying business — a reminder that short‑term moves may overstate fundamental risk. Read More.
• Neutral Sentiment: Broker coverage note: Recent broker commentary highlighted by the press discusses buy/hold recommendations and valuation context — useful for investors deciding whether to add on weakness, but not an immediate catalyst. Read More.
• Negative Sentiment: Short‑seller allegations: A short report alleged ties between AppLovin and a money‑laundering network; media pickup of those claims prompted a slide in the stock despite the company’s denials. Such allegations can spark sustained selling and heightened regulatory scrutiny. Read More.
• Negative Sentiment: Investor litigation probe: Pomerantz LLP announced an investigation on behalf of AppLovin investors, which can amplify selling pressure and create legal risk/uncertainty for the company. Read More.
• Negative Sentiment: Market reaction coverage: Multiple outlets reported the stock’s decline after a negative CapitalWatch piece and ensuing sell‑offs; media amplification has translated allegations into immediate price weakness. Read More.

AppLovin Stock Down 2.0%

Shares of NASDAQ APP opened at $521.94 on Friday. The company has a quick ratio of 3.25, a current ratio of 3.25 and a debt-to-equity ratio of 2.38. The company has a market cap of $176.39 billion, a P/E ratio of 63.34, a P/E/G ratio of 1.76 and a beta of 2.50. AppLovin Corporation has a 52 week low of $200.50 and a 52 week high of $745.61. The business has a 50-day simple moving average of $635.46 and a two-hundred day simple moving average of $558.09.

AppLovin (NASDAQ:APP) last released its quarterly earnings data on Wednesday, November 5th. The company reported $2.45 EPS for the quarter, beating analysts’ consensus estimates of $2.34 by $0.11. The company had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.34 billion. AppLovin had a net margin of 51.27% and a return on equity of 258.49%. AppLovin’s revenue was up 68.2% compared to the same quarter last year. During the same period last year, the business earned $1.29 earnings per share. Research analysts anticipate that AppLovin Corporation will post 6.87 earnings per share for the current fiscal year.

Insider Transactions at AppLovin

In related news, Director Eduardo Vivas sold 150,000 shares of the stock in a transaction on Monday, November 10th. The stock was sold at an average price of $650.91, for a total value of $97,636,500.00. Following the transaction, the director owned 7,133,292 shares of the company’s stock, valued at $4,643,131,095.72. This represents a 2.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Vasily Shikin sold 27,143 shares of AppLovin stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $545.38, for a total value of $14,803,249.34. Following the sale, the chief technology officer directly owned 3,323,681 shares of the company’s stock, valued at approximately $1,812,669,143.78. This trade represents a 0.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 340,336 shares of company stock valued at $200,062,623 in the last quarter. Insiders own 13.66% of the company’s stock.

AppLovin Profile

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.