AppLovin Corporation $APP Shares Acquired by Sterling Capital Management LLC

Sterling Capital Management LLC increased its position in shares of AppLovin Corporation (NASDAQ:APP) by 136.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,876 shares of the company’s stock after purchasing an additional 8,572 shares during the quarter. Sterling Capital Management LLC’s holdings in AppLovin were worth $4,320,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Cassaday & Co Wealth Management LLC acquired a new position in AppLovin in the first quarter valued at about $25,000. Pioneer Family Office LLC bought a new stake in AppLovin during the second quarter worth about $31,000. First Pacific Financial bought a new stake in AppLovin during the first quarter worth about $33,000. IMA Advisory Services Inc. increased its holdings in shares of AppLovin by 40.0% during the first quarter. IMA Advisory Services Inc. now owns 84 shares of the company’s stock worth $33,000 after buying an additional 24 shares in the last quarter. Finally, CENTRAL TRUST Co increased its holdings in shares of AppLovin by 41.3% during the first quarter. CENTRAL TRUST Co now owns 89 shares of the company’s stock worth $35,000 after buying an additional 26 shares in the last quarter. 41.85% of the stock is owned by institutional investors.

Trending Headlines about AppLovin

Here are the key news stories impacting AppLovin this week:

• Negative Sentiment: Multiple law firms publicized a securities class action against AppLovin and certain executives, with a November 16, 2026 deadline for investors to seek appointment as lead plaintiff. The notices largely repeat the same lawsuit rather than represent separate new cases. Pomerantz class action announcement
• Negative Sentiment: The lawsuit covers investors who acquired APP securities between February 12 and August 5, 2026. It alleges that AppLovin and executives made misleading statements about the consistency and effectiveness of improvements to the company’s AI advertising models, potentially overstating business performance. The allegations have not been proven. Hagens Berman AppLovin class action report
• Negative Sentiment: The case follows a critical analyst report published July 13 and AppLovin’s August 5 second-quarter results, which reportedly caused sharp declines in the stock. One investor notice also alleges that Chief Executive Officer Adam Foroughi and Chief Financial Officer Matthew Stumpf sold more than $109.1 million of APP stock; this is an allegation in the litigation, not an established finding. APP shareholder alert
• Neutral Sentiment: The legal notices do not provide a new operating update or change AppLovin’s reported fundamentals. The company previously reported strong year-over-year revenue growth, but its latest revenue came in slightly below analyst expectations, leaving investors focused on execution, AI-model performance and litigation risk. Kaplan Fox AppLovin class action notice

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Evercore reiterated an “outperform” rating and issued a $510.00 target price (down from $630.00) on shares of AppLovin in a research note on Tuesday, September 1st. Morgan Stanley decreased their price target on AppLovin from $450.00 to $400.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 13th. Wedbush decreased their price target on AppLovin from $610.00 to $560.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 14th. The Goldman Sachs Group dropped their price target on AppLovin from $465.00 to $400.00 and set a “neutral” rating for the company in a report on Wednesday, October 14th. Finally, Benchmark cut their price objective on AppLovin from $500.00 to $440.00 and set a “buy” rating for the company in a research report on Monday, August 17th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $507.75.

AppLovin Trading Down 1.5%

Shares of NASDAQ APP opened at $260.25 on Friday. AppLovin Corporation has a 1-year low of $258.32 and a 1-year high of $738.01. The company has a 50-day moving average of $300.05 and a two-hundred day moving average of $407.08. The company has a market cap of $87.09 billion, a PE ratio of 20.00, a P/E/G ratio of 0.54 and a beta of 2.56. The company has a current ratio of 4.30, a quick ratio of 4.30 and a debt-to-equity ratio of 1.11.

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

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.