Illinois Municipal Retirement Fund Purchases 2,562 Shares of AppLovin Corporation $APP

Illinois Municipal Retirement Fund lifted its position in shares of AppLovin Corporation (NASDAQ:APP) by 4.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 61,663 shares of the company’s stock after purchasing an additional 2,562 shares during the quarter. AppLovin accounts for about 0.6% of Illinois Municipal Retirement Fund’s investment portfolio, making the stock its 21st biggest holding. Illinois Municipal Retirement Fund’s holdings in AppLovin were worth $44,307,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Varma Mutual Pension Insurance Co boosted its position in AppLovin by 8.7% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 36,400 shares of the company’s stock worth $26,155,000 after acquiring an additional 2,900 shares during the last quarter. Caisse Des Depots ET Consignations bought a new stake in shares of AppLovin in the third quarter worth $1,871,000. Westover Capital Advisors LLC boosted its holdings in AppLovin by 28.0% during the third quarter. Westover Capital Advisors LLC now owns 1,708 shares of the company’s stock worth $1,227,000 after purchasing an additional 374 shares during the last quarter. Savvy Advisors Inc. bought a new position in AppLovin in the third quarter valued at $533,000. Finally, GK Wealth Management LLC bought a new position in AppLovin in the third quarter valued at $362,000. 41.85% of the stock is currently owned by institutional investors.

AppLovin Stock Down 3.4%

APP stock opened at $456.81 on Thursday. AppLovin Corporation has a 1-year low of $200.50 and a 1-year high of $745.61. The business’s 50 day simple moving average is $608.86 and its 200 day simple moving average is $571.60. The company has a current ratio of 3.25, a quick ratio of 3.25 and a debt-to-equity ratio of 2.38. The firm has a market capitalization of $154.38 billion, a PE ratio of 55.44, a PEG ratio of 1.56 and a beta of 2.49.

AppLovin (NASDAQ:APP) last released its quarterly earnings data on Wednesday, February 11th. The company reported $3.24 EPS for the quarter, topping analysts’ consensus estimates of $2.89 by $0.35. AppLovin had a net margin of 51.27% and a return on equity of 258.49%. The firm had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.61 billion. During the same period in the previous year, the business posted $1.73 earnings per share. The company’s revenue for the quarter was up 66.0% compared to the same quarter last year. As a group, research analysts anticipate that AppLovin Corporation will post 6.87 EPS for the current year.

Key AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Reported strong Q4 profitability and beat consensus on EPS; Q4 EPS was $3.24 vs. estimates of $2.89 and management reported a 66% year-over-year revenue increase. This underpins the company’s high margins and cash generation. Zacks: Q4 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Company press release/financials show material revenue ramp to $1.66B for the quarter and very strong net margin/ROE metrics, supporting longer-term upside if growth sustains. BusinessWire: Q4 & Full-Year Results
• Neutral Sentiment: Full earnings call transcript and investor materials are available for detail on guidance, segment performance and management commentary — useful for assessing forward assumptions. Seeking Alpha: Q4 2025 Earnings Call Transcript
• Negative Sentiment: News outlets flagged softer advertising demand and rising competition; Reuters reported the quarter “missed quarterly revenue estimates” in the context of tepid ad demand, which likely pressured the stock despite the beat on certain metrics. Reuters: Misses Revenue Estimates Amid Competition
• Negative Sentiment: Market reaction/coverage showed the shares dipping in after-hours trading and commentary highlighting the stock falling “despite” results — indicating investor concern about guidance, demand trends or valuation after recent run-ups. CNBC: After-Hours Movers
• Neutral Sentiment: Context: the stock had recently rallied after a short-seller retraction, raising the bar for continued gains and making the name susceptible to profit-taking on any sign of mixed execution. MSN: Short-seller Retraction Coverage

Insider Activity at AppLovin

In other news, CEO Arash Adam Foroughi sold 4,069 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $497.50, for a total transaction of $2,024,327.50. Following the completion of the sale, the chief executive officer owned 2,998,948 shares in the company, valued at $1,491,976,630. The trade was a 0.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Dawson Alyssa Harvey sold 150 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $693.32, for a total value of $103,998.00. Following the completion of the transaction, the director directly owned 2,829 shares in the company, valued at $1,961,402.28. The trade was a 5.04% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 187,786 shares of company stock worth $100,914,925. 13.66% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

APP has been the topic of several analyst reports. BTIG Research reissued a “buy” rating and set a $771.00 price target on shares of AppLovin in a research report on Wednesday, December 17th. Zacks Research raised AppLovin from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 1st. Jefferies Financial Group raised 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. Deutsche Bank Aktiengesellschaft set a $705.00 price objective on AppLovin and gave the stock a “buy” rating in a research note on Wednesday, October 22nd. Finally, UBS Group decreased their target price on shares of AppLovin from $840.00 to $686.00 and set a “buy” rating for the company in a research note on Tuesday. 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 given a Sell rating to the company’s stock. According to MarketBeat.com, AppLovin presently has an average rating of “Moderate Buy” and a consensus target price of $686.05.

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.