Harvest Fund Management Co. Ltd Buys 1,731 Shares of AppLovin Corporation $APP

Harvest Fund Management Co. Ltd raised its stake in shares of AppLovin Corporation (NASDAQ:APP) by 4.3% in the 4th quarter, HoldingsChannel reports. The firm owned 41,576 shares of the company’s stock after purchasing an additional 1,731 shares during the period. AppLovin makes up 1.0% of Harvest Fund Management Co. Ltd’s portfolio, making the stock its 18th biggest position. Harvest Fund Management Co. Ltd’s holdings in AppLovin were worth $27,999,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Board of the Pension Protection Fund bought a new stake in AppLovin during the fourth quarter valued at approximately $27,000. Washington Trust Advisors Inc. lifted its position in AppLovin by 160.0% during the fourth quarter. Washington Trust Advisors Inc. now owns 39 shares of the company’s stock valued at $27,000 after purchasing an additional 24 shares during the last quarter. Laurel Wealth Advisors LLC bought a new stake in AppLovin during the fourth quarter valued at approximately $32,000. CBIZ Investment Advisory Services LLC lifted its holdings in shares of AppLovin by 58.6% in the 3rd quarter. CBIZ Investment Advisory Services LLC now owns 46 shares of the company’s stock worth $33,000 after acquiring an additional 17 shares during the last quarter. Finally, Graney & King LLC bought a new stake in shares of AppLovin in the 3rd quarter worth approximately $36,000. 41.85% of the stock is currently owned by institutional investors.

AppLovin Trading Down 2.1%

Shares of APP opened at $558.87 on Friday. The stock has a market capitalization of $187.75 billion, a P/E ratio of 48.01, a PEG ratio of 0.93 and a beta of 2.45. The company has a quick ratio of 3.24, a current ratio of 3.24 and a debt-to-equity ratio of 1.49. The firm has a fifty day simple moving average of $468.02 and a two-hundred day simple moving average of $521.18. AppLovin Corporation has a twelve month low of $320.00 and a twelve month high of $745.61.

AppLovin (NASDAQ:APP) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $3.56 earnings per share for the quarter, beating the consensus estimate of $3.44 by $0.12. The business 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 firm’s revenue for the quarter was up 58.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.67 EPS. On average, research analysts anticipate that AppLovin Corporation will post 15.86 EPS for the current year.

Insiders Place Their Bets

In related news, CTO Vasily Shikin sold 2,889 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $488.90, for a total value of $1,412,432.10. Following the sale, the chief technology officer directly owned 17,945 shares of the company’s stock, valued at $8,773,310.50. This trade represents a 13.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Matthew Stumpf sold 9,052 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $600.00, for a total value of $5,431,200.00. Following the completion of the sale, the chief financial officer directly owned 177,450 shares in the company, valued at $106,470,000. The trade was a 4.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 464,016 shares of company stock valued at $218,477,985 over the last three months. Company insiders own 13.66% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on APP. Morgan Stanley restated an “overweight” rating on shares of AppLovin in a report on Wednesday, May 27th. JPMorgan Chase & Co. boosted their price objective on shares of AppLovin from $500.00 to $515.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Wedbush reaffirmed an “outperform” rating and set a $640.00 price objective on shares of AppLovin in a research note on Thursday, May 7th. Wells Fargo & Company raised their price objective on AppLovin from $560.00 to $571.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Finally, Argus assumed coverage on AppLovin in a research note on Tuesday, April 14th. They set a “buy” rating and a $520.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $664.35.

AppLovin News Summary

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin is being highlighted as a top-ranked momentum stock, reinforcing the view that the shares still have strong technical and growth-driven appeal. AppLovin (APP) is a Top-Ranked Momentum Stock: Should You Buy?
• Positive Sentiment: AppLovin’s May rally was attributed to strong earnings and continued support from both buy-side and sell-side investors, suggesting the latest results are still resonating with the market. Why AppLovin Rallied in May
• Positive Sentiment: Analyst coverage remains constructive, with APP receiving an average rating of “Moderate Buy,” which can help support investor confidence. AppLovin Corporation (NASDAQ:APP) Receives Average Rating of “Moderate Buy” from Analysts
• Neutral Sentiment: Several recent articles frame AppLovin as a growth stock with high insider ownership, a point that may attract long-term investors but does not by itself change the near-term outlook. June 2026 Growth Stocks With High Insider Ownership
• Neutral Sentiment: Coverage also notes that APP has declined year to date and is being weighed against strong profitability and AI-driven ad growth, leaving the stock caught between growth enthusiasm and valuation concerns. AppLovin Slides 15% YTD: Is the Stock a Buying Opportunity?
• Negative Sentiment: Broader ad-tech weakness is pressuring sentiment, with investors becoming more cautious about the group and questioning whether ad-tech stocks are “dead money” this year. Trade Desk Is Down 44% This Year and AppLovin Is Down 17%. Are Ad-Tech Stocks Dead Money in 2026?
• Negative Sentiment: AppLovin was also mentioned in a software selloff tied to profit-taking, adding short-term pressure to the shares. 8×8, BlackLine, and AppLovin Stocks Trade Down, What You Need To Know

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.