Dorsal Capital Management LP Reduces Position in AppLovin Corporation $APP

Dorsal Capital Management LP trimmed its holdings in AppLovin Corporation (NASDAQ:APP) by 10.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 90,000 shares of the company’s stock after selling 10,000 shares during the quarter. AppLovin makes up about 1.7% of Dorsal Capital Management LP’s portfolio, making the stock its 22nd biggest position. Dorsal Capital Management LP’s holdings in AppLovin were worth $64,669,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Revolve Wealth Partners LLC purchased a new stake in AppLovin in the fourth quarter worth $294,000. Bison Wealth LLC purchased a new stake in shares of AppLovin during the fourth quarter valued at $239,000. Integrated Wealth Concepts LLC grew its holdings in shares of AppLovin by 58.0% in the first quarter. Integrated Wealth Concepts LLC now owns 1,692 shares of the company’s stock worth $448,000 after purchasing an additional 621 shares during the last quarter. Campbell & CO Investment Adviser LLC purchased a new position in AppLovin in the 2nd quarter worth about $620,000. Finally, Allworth Financial LP increased its stake in AppLovin by 205.4% in the 2nd quarter. Allworth Financial LP now owns 2,611 shares of the company’s stock worth $914,000 after buying an additional 1,756 shares during the period. 41.85% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on APP. Arete Research set a $340.00 price objective on shares of AppLovin and gave the company a “neutral” rating in a research report on Monday, March 2nd. The Goldman Sachs Group decreased their price target on shares of AppLovin from $710.00 to $585.00 and set a “neutral” rating for the company in a research note on Thursday, February 12th. Wedbush boosted their price target on AppLovin from $465.00 to $640.00 and gave the company an “outperform” rating in a report on Thursday, February 12th. Oppenheimer dropped their price objective on AppLovin from $740.00 to $660.00 and set an “outperform” rating on the stock in a research note on Thursday, March 5th. Finally, Morgan Stanley set a $720.00 price objective on AppLovin in a report on Thursday, February 12th. Twenty equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, AppLovin presently has an average rating of “Moderate Buy” and a consensus target price of $654.50.

Insider Transactions at AppLovin

In related news, CTO Vasily Shikin sold 5,231 shares of the business’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $477.47, for a total transaction of $2,497,645.57. Following the transaction, the chief technology officer directly owned 30,658 shares in the company, valued at $14,638,275.26. The trade was a 14.58% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Arash Adam Foroughi sold 40,704 shares of the company’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $459.85, for a total value of $18,717,734.40. Following the transaction, the chief executive officer directly owned 2,430,414 shares in the company, valued at $1,117,625,877.90. This represents a 1.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 188,033 shares of company stock valued at $90,662,374 in the last quarter. 13.66% of the stock is currently owned by corporate insiders.

AppLovin Trading Up 2.1%

NASDAQ APP opened at $458.67 on Friday. AppLovin Corporation has a 52 week low of $200.50 and a 52 week high of $745.61. The company has a 50 day moving average price of $494.31 and a 200 day moving average price of $574.04. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 1.65. The firm has a market cap of $154.70 billion, a PE ratio of 47.04, a price-to-earnings-growth ratio of 0.81 and a beta of 2.51.

AppLovin (NASDAQ:APP) last announced its earnings results on Wednesday, February 11th. The company reported $3.24 earnings per share for the quarter, beating the consensus estimate of $2.89 by $0.35. The company had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.61 billion. AppLovin had a net margin of 57.42% and a return on equity of 245.64%. AppLovin’s revenue was up 66.0% compared to the same quarter last year. During the same period last year, the firm earned $1.73 earnings per share. As a group, sell-side analysts forecast that AppLovin Corporation will post 6.87 EPS for the current fiscal year.

Key Stories Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Wedbush bullish on AppLovin: analysts reiterate confidence in the company’s AI-driven ad platform and growth runway, which supports upside expectations for revenue and margins. Why Wedbush analysts love AppLovin stock right now
• Positive Sentiment: Needham issues a Buy rating — fresh institutional support that can boost demand from discretionary and quant buyers. AppLovin (NASDAQ:APP) Earns Buy Rating from Needham & Company LLC
• Positive Sentiment: Longer-term AI upside highlighted by The Motley Fool — AppLovin is named among firms that could materially outpace peers over five years if AI-driven monetization scales. This underscores growth narratives that investors are pricing in. Prediction: 2 AI Stocks Will Be Worth More Than Palantir Technologies in 5 Years
• Neutral Sentiment: Discussion of record profits vs. skepticism—coverage notes strong profitability but asks whether that will quiet market concerns; keeps the debate open on valuation. AppLovin: Can Record Profits Overcome Market Skepticism?
• Neutral Sentiment: Analysts/commentary pointing to volatility as sentiment-driven rather than fundamental weakness—useful context but not an immediate catalyst. AppLovin’s Volatility Reflects Market Sentiment, Not Weakness
• Neutral Sentiment: Short-interest data in recent reports appears unreliable/zero and should be treated cautiously; not currently a meaningful short-squeeze signal.
• Negative Sentiment: Substantial insider selling by CTO Vasily Shikin across multiple filings — large block sales (totaling tens of millions) reduce insider ownership and can pressure sentiment. Vasily Shikin insider trades
• Negative Sentiment: Public caution from high-profile commentators (Jim Cramer: “Too Much Risk There”) raises retail investor wariness and could amplify short-term selling. Jim Cramer on AppLovin: “Too Much Risk There”
• Negative Sentiment: Recent price weakness noted by Zacks and Forbes pieces questioning valuation/dip increases debate over whether this is a buying opportunity or a value trap. AppLovin (APP) Falls More Steeply Than Broader Market

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.