Balboa Wealth Partners Has $8.23 Million Stock Position in AppLovin Corporation $APP

Balboa Wealth Partners lowered its stake in AppLovin Corporation (NASDAQ:APP) by 17.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,457 shares of the company’s stock after selling 2,358 shares during the period. AppLovin makes up approximately 1.4% of Balboa Wealth Partners’ holdings, making the stock its 14th biggest position. Balboa Wealth Partners’ holdings in AppLovin were worth $8,232,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in APP. Pacific Point Advisors LLC bought a new stake in AppLovin during the third quarter worth approximately $1,078,000. Naviter Wealth LLC acquired a new stake in shares of AppLovin in the third quarter worth $201,000. Cookson Peirce & Co. Inc. boosted its holdings in shares of AppLovin by 719.4% during the 3rd quarter. Cookson Peirce & Co. Inc. now owns 62,800 shares of the company’s stock worth $45,124,000 after buying an additional 55,136 shares during the period. Metis Global Partners LLC grew its stake in AppLovin by 138.3% in the 3rd quarter. Metis Global Partners LLC now owns 10,094 shares of the company’s stock valued at $7,253,000 after buying an additional 5,859 shares during the last quarter. Finally, Assetmark Inc. raised its holdings in AppLovin by 12.7% in the 3rd quarter. Assetmark Inc. now owns 21,870 shares of the company’s stock worth $15,714,000 after acquiring an additional 2,464 shares during the period. Institutional investors and hedge funds own 41.85% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on APP. Jefferies Financial Group lowered their price target on AppLovin from $860.00 to $700.00 and set a “buy” rating on the stock in a research report on Thursday. JPMorgan Chase & Co. lifted their price target on AppLovin from $425.00 to $650.00 and gave the stock a “neutral” rating in a research report on Thursday, November 6th. Zacks Research raised AppLovin from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 1st. Weiss Ratings lowered shares of AppLovin from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, January 15th. Finally, BTIG Research cut their target price on shares of AppLovin from $771.00 to $640.00 and set a “buy” rating for the company in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $651.77.

Insider Buying and Selling

In other news, Director Dawson Alyssa Harvey sold 150 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $693.32, for a total value of $103,998.00. Following the sale, the director directly owned 2,829 shares in the company, valued at approximately $1,961,402.28. This represents a 5.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CTO Vasily Shikin sold 14,708 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $548.45, for a total value of $8,066,602.60. Following the transaction, the chief technology officer owned 35,889 shares of the company’s stock, valued at $19,683,322.05. This trade represents a 29.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 187,786 shares of company stock valued at $100,914,925 over the last ninety days. Company insiders own 13.66% of the company’s stock.

AppLovin Stock Up 6.7%

Shares of APP stock opened at $391.55 on Friday. 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 1.65, a current ratio of 3.32 and a quick ratio of 3.25. The stock has a fifty day moving average price of $596.51 and a 200 day moving average price of $570.32. The stock has a market cap of $132.32 billion, a P/E ratio of 40.16, a price-to-earnings-growth ratio of 1.20 and a beta of 2.49.

AppLovin (NASDAQ:APP) last announced its quarterly earnings data on Wednesday, February 11th. The company reported $3.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.89 by $0.35. AppLovin had a net margin of 57.42% and a return on equity of 245.64%. The company had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.61 billion. During the same quarter in the prior year, the company posted $1.73 EPS. The business’s revenue was up 66.0% on a year-over-year basis. Analysts predict that AppLovin Corporation will post 6.87 earnings per share for the current year.

Key Headlines Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Q4 beat and raise — AppLovin reported stronger‑than‑expected Q4 revenue and EPS and issued 2026 guidance above Street estimates, giving investors a fundamentals‑driven reason to buy the stock. AppLovin (APP) Q4 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Outstanding margins and cash flow — management reported ~84% adjusted EBITDA margins and very high free‑cash‑flow conversion, highlighting durable profitability that supports a premium valuation. AppLovin Rides on Margin Power: Here’s What You Should Know
• Positive Sentiment: Analyst support and buybacks — several firms reaffirmed or raised targets (and management disclosed large buybacks / cash generation commentary), which helps underwrite the rebound narrative. AppLovin price target raised by Wedbush
• Neutral Sentiment: Mixed analyst moves — although many shops kept Buy/Outperform ratings, several groups trimmed price targets after the volatility; this creates both support and room for further target revisions. Wells Fargo price target change and analyst notes
• Neutral Sentiment: Short‑interest data appears noisy/insignificant in recent reports (entries show zero/NaN), so shorting pressure doesn’t explain today’s move. (No meaningful short interest link available.)
• Negative Sentiment: Competition and AI fears — investors remain worried about potential competition (CloudX) and whether large platforms like Meta could encroach on AppLovin’s adtech niche; that fear helped trigger sharp earlier selloffs. AppLovin Plunges 18% Despite Blowout Earnings as AI Fears Rule
• Negative Sentiment: Broader software/AI rotation — the market‑wide re‑pricing of software names and headlines about a sector pullback have pressured APP despite the company’s strong quarter, prolonging volatility. Tech Stocks Down 50%: Buy the Dip or a Major Market Shift?
• Negative Sentiment: Market panic narrative — several commentators say recent selling was driven more by fear than fundamentals, meaning sentiment swings can still produce abrupt downside even after good results. AppLovin drops over competitor concerns, but analysts highlight positive growth drivers

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.