2,230 AppLovin Corporation $APP Shares Acquired by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB raised its position in shares of AppLovin Corporation (NASDAQ:APP) by 26.7% in the 3rd quarter, Holdings Channel reports. The firm owned 10,571 shares of the company’s stock after acquiring an additional 2,230 shares during the period. E. Ohman J or Asset Management AB’s holdings in AppLovin were worth $3,070,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Signature Estate & Investment Advisors LLC raised its position in AppLovin by 3,695.3% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 76,361 shares of the company’s stock worth $39,345,000 after purchasing an additional 74,349 shares during the last quarter. Insight Wealth Strategies LLC acquired a new stake in AppLovin during the 2nd quarter worth about $6,939,000. Generate Investment Management Ltd bought a new position in shares of AppLovin in the 2nd quarter worth about $7,226,000. Nykredit A S acquired a new position in AppLovin in the second quarter valued at approximately $41,902,000. Finally, Saudi Central Bank lifted its position in shares of AppLovin by 88.7% during the 2nd quarter. Saudi Central Bank now owns 16,070 shares of the company’s stock valued at $8,280,000 after acquiring an additional 7,555 shares during the period. 41.85% of the stock is owned by institutional investors and hedge funds.

AppLovin Stock Down 1.4%

APP stock opened at $264.28 on Friday. AppLovin Corporation has a 12 month low of $260.59 and a 12 month high of $738.01. The company has a current ratio of 4.30, a quick ratio of 4.30 and a debt-to-equity ratio of 1.11. The company has a market cap of $88.44 billion, a price-to-earnings ratio of 20.31, a PEG ratio of 0.56 and a beta of 2.56. The firm has a 50-day moving average of $301.15 and a two-hundred day moving average of $408.12.

AppLovin (NASDAQ:APP) last issued its earnings results on Wednesday, August 5th. The company reported $3.76 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $3.76. The business had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.94 billion. AppLovin had a return on equity of 193.10% and a net margin of 64.58%. The company’s revenue for the quarter was up 52.8% on a year-over-year basis. During the same period last year, the company earned $2.39 EPS. As a group, analysts forecast that AppLovin Corporation will post 15.67 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on APP shares. Wells Fargo & Company reduced their price objective on AppLovin from $357.00 to $325.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 19th. Oppenheimer decreased their price objective on AppLovin from $560.00 to $490.00 and set an “outperform” rating on the stock in a report on Monday, October 12th. UBS Group cut their target price on AppLovin from $798.00 to $790.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Weiss Ratings upgraded shares of AppLovin from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, October 16th. Finally, The Goldman Sachs Group decreased their target price on shares of AppLovin from $465.00 to $400.00 and set a “neutral” rating for the company in a research report on Wednesday, October 14th. Three analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, AppLovin has an average rating of “Moderate Buy” and an average target price of $507.75.

Key Stories Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: A Seeking Alpha analysis upgraded AppLovin, arguing that the shares may have fallen too far relative to the company’s rapid growth, high margins and AI-driven advertising opportunity. AppLovin Corporation Stock Has Fallen Too Far
• Neutral Sentiment: Recent comparisons with Pinterest and Snap highlight AppLovin’s strong revenue growth and profitability, but these are opinion-based investment articles rather than new company announcements. AppLovin vs. Pinterest
• Negative Sentiment: Several investor-rights firms publicized the pending securities class action and the November 16, 2026 lead-plaintiff deadline. The suit covers investors who bought APP shares from February 12 through August 5, 2026, and alleges that AppLovin overstated the consistency of improvements to its AI models and the readiness of its generative-AI video creative tool. The allegations have not been proven. AppLovin Securities Fraud Class Action
• Negative Sentiment: The legal campaign follows a concerning July 13 analyst report and AppLovin’s August 5 second-quarter results, events that reportedly triggered sharp share-price declines. Analysts subsequently reduced price targets, including Piper Sandler’s cut from $665 to $385 and Wells Fargo’s cut from $575 to $357. AppLovin Analyst Price Target Cuts
• Negative Sentiment: Additional notices from Rosen, Robbins, Pomerantz, Faruqi, Kaplan Fox and other firms are encouraging investors to participate in or seek lead-plaintiff status. The repeated announcements increase visibility around potential litigation costs, management credibility concerns and regulatory or shareholder damages risk. Pomerantz AppLovin Class Action Filing

AppLovin Profile

AppLovin Corporation is a technology company that provides software and services designed to help mobile application developers grow, monetize and operate their businesses. Its platform supports user acquisition, advertising, mediation, analytics and other functions across the mobile app ecosystem.

The company’s principal products include AppDiscovery, which helps developers market their applications and acquire users; MAX, an in-app bidding and monetization platform; and its AXON technology, an artificial intelligence-powered engine intended to improve advertising performance and match users with relevant applications and content.