Ogborne Capital Management LLC Has $20.22 Million Position in AppLovin Corporation $APP

Ogborne Capital Management LLC cut its stake in AppLovin Corporation (NASDAQ:APP) by 40.0% in the fourth quarter, HoldingsChannel reports. The fund owned 30,000 shares of the company’s stock after selling 20,000 shares during the period. AppLovin accounts for 6.4% of Ogborne Capital Management LLC’s holdings, making the stock its 7th largest position. Ogborne Capital Management LLC’s holdings in AppLovin were worth $20,215,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Okabena Investment Services Inc. bought a new position in shares of AppLovin in the fourth quarter worth about $1,749,000. OMERS ADMINISTRATION Corp raised its stake in shares of AppLovin by 7.0% in the fourth quarter. OMERS ADMINISTRATION Corp now owns 12,079 shares of the company’s stock worth $8,139,000 after acquiring an additional 794 shares during the last quarter. Silvant Capital Management LLC raised its stake in shares of AppLovin by 271.3% in the fourth quarter. Silvant Capital Management LLC now owns 55,693 shares of the company’s stock worth $37,527,000 after acquiring an additional 40,692 shares during the last quarter. Truvestments Capital LLC raised its stake in shares of AppLovin by 2.4% in the fourth quarter. Truvestments Capital LLC now owns 4,535 shares of the company’s stock worth $3,056,000 after acquiring an additional 105 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC raised its stake in shares of AppLovin by 14.3% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 39,240 shares of the company’s stock worth $26,441,000 after acquiring an additional 4,919 shares during the last quarter. 41.85% of the stock is owned by institutional investors.

AppLovin Stock Up 4.8%

Shares of NASDAQ APP opened at $520.86 on Tuesday. The stock has a market cap of $174.98 billion, a P/E ratio of 44.75, a P/E/G ratio of 0.81 and a beta of 2.45. The firm has a 50 day moving average price of $485.57 and a 200 day moving average price of $520.32. The company has a debt-to-equity ratio of 1.49, a quick ratio of 3.24 and a current ratio of 3.24. AppLovin Corporation has a 52-week low of $320.00 and a 52-week high of $745.61.

AppLovin (NASDAQ:APP) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $3.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.44 by $0.12. The firm had revenue of $1.84 billion during the quarter, compared to analysts’ expectations of $1.77 billion. AppLovin had a net margin of 64.29% and a return on equity of 219.37%. The business’s revenue for the quarter was up 58.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.67 earnings per share. Analysts expect that AppLovin Corporation will post 15.86 EPS for the current year.

Key Stories Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin is being highlighted as one of the best S&P 500 stocks to buy now according to analysts, reinforcing a bullish outlook for the company’s ad-tech and AI-driven platform. Here is Why AppLovin (APP) is One of the Best S&P 500 Stocks to Buy Now According to Analysts
• Positive Sentiment: Pixalate’s Q1 2026 Mobile Seller Trust Index ranked AppLovin among the leaders in mobile app inventory quality, which may support confidence in its advertising ecosystem and monetization capabilities. Pixalate Releases Q1 2026 Mobile Seller Trust Index 2.0: 16.2% of Global Authorized Mobile App Inventory Is Resold Through Arbitrage; Google AdExchange Top-Ranked ‘Direct’ Seller in the US
• Positive Sentiment: AppLovin was also cited in Zacks-related coverage as a trending stock, suggesting renewed investor attention and momentum. Is Trending Stock AppLovin Corporation (APP) a Buy Now?
• Neutral Sentiment: Several articles simply revisit why some investors still like AppLovin after a six-month pullback, framing the recent decline as a potential setup rather than a new company-specific catalyst. 3 Reasons We’re Fans of AppLovin (APP)
• Neutral Sentiment: One session’s move was also tied to broader market relief after lower yields and geopolitical easing, which can support shares of growth stocks like AppLovin without changing the company’s fundamentals. AppLovin and Elastic Shares Are Soaring, What You Need To Know

Insider Activity at AppLovin

In other news, CTO Vasily Shikin sold 62,804 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $484.42, for a total value of $30,423,513.68. Following the completion of the transaction, the chief technology officer owned 3,189,739 shares in the company, valued at $1,545,173,366.38. This represents a 1.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Matthew Stumpf sold 9,052 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $600.00, for a total transaction of $5,431,200.00. Following the sale, the chief financial officer directly owned 177,450 shares in the company, valued at $106,470,000. This trade represents a 4.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 226,014 shares of company stock worth $113,073,400 over the last ninety days. 13.66% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts have recently commented on APP shares. UBS Group lowered their price target on shares of AppLovin from $740.00 to $716.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. JPMorgan Chase & Co. lifted their price target on shares of AppLovin from $500.00 to $515.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Needham & Company LLC reiterated a “buy” rating and set a $700.00 price target on shares of AppLovin in a research report on Thursday, May 28th. Oppenheimer lowered their price target on shares of AppLovin from $740.00 to $660.00 and set an “outperform” rating for the company in a research report on Thursday, March 5th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $660.00 price target on shares of AppLovin in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $669.62.

About AppLovin

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.