AppLovin Corporation $APP Shares Acquired by Korea Investment CORP

Korea Investment CORP increased its position in shares of AppLovin Corporation (NASDAQ:APP) by 22.2% during the third quarter, Holdings Channel reports. The fund owned 312,195 shares of the company’s stock after acquiring an additional 56,819 shares during the quarter. Korea Investment CORP’s holdings in AppLovin were worth $224,325,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Blair William & Co. IL raised its holdings in AppLovin by 106.5% in the 3rd quarter. Blair William & Co. IL now owns 316,388 shares of the company’s stock valued at $227,337,000 after acquiring an additional 163,210 shares during the last quarter. Left Brain Wealth Management LLC boosted its holdings in shares of AppLovin by 15.7% during the third quarter. Left Brain Wealth Management LLC now owns 17,322 shares of the company’s stock worth $12,447,000 after purchasing an additional 2,350 shares during the last quarter. Marietta Investment Partners LLC grew its position in shares of AppLovin by 28.5% in the third quarter. Marietta Investment Partners LLC now owns 7,476 shares of the company’s stock valued at $5,372,000 after purchasing an additional 1,660 shares during the period. Truepoint Inc. purchased a new position in AppLovin during the third quarter worth about $281,000. Finally, Sunpointe LLC acquired a new stake in AppLovin in the 3rd quarter worth about $206,000. 41.85% of the stock is owned by hedge funds and other institutional investors.

AppLovin Price Performance

AppLovin stock opened at $502.14 on Friday. The firm has a fifty day moving average of $514.19 and a 200-day moving average of $572.84. AppLovin Corporation has a 52-week low of $200.50 and a 52-week high of $745.61. 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 capitalization of $169.36 billion, a P/E ratio of 51.50, a PEG ratio of 1.03 and a beta of 2.51.

AppLovin (NASDAQ:APP) last posted 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. AppLovin had a net margin of 57.42% and a return on equity of 245.64%. The business had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.61 billion. During the same quarter in the previous year, the business posted $1.73 EPS. The business’s quarterly revenue was up 66.0% on a year-over-year basis. As a group, analysts predict 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: Wedbush and other analysts are bullish on AppLovin’s transition from a mobile-game ad network to a broader AI-driven ad platform and e?commerce play — investors see this as a multi-year growth runway. AppLovin sees bullish views at Wedbush on AI ad tech, e-commerce expansion
• Positive Sentiment: Management is expanding Axon 2.0 beyond gaming with new Prospecting/Discovery campaign tools and upcoming lead?generation products for verticals (automotive, insurance, subscriptions) — a clear push to capture higher?value ad spend. AppLovin Expands Axon 2.0 As Investors Weigh Non Gaming Growth Potential
• Positive Sentiment: Recent Q4 results showed an EPS beat, very high margins and ~66% revenue growth year-over-year — fundamentals that support the bullish narratives around monetization and AI-led efficiency. (Earnings released Feb. 11)
• Neutral Sentiment: Several broker actions are active: Arete Research upgraded the stock and Oppenheimer kept an outperform rating but trimmed its price target from $740 to $660 — the latter still implies significant upside but signals some caution on peak valuation. AppLovin Upgraded at Arete Research Oppenheimer price target change
• Neutral Sentiment: Media coverage and analyst pieces (Zacks, Forbes) are highlighting AppLovin among recovering software/AI names — supportive for sentiment but not a guaranteed catalyst for continued near?term upside. The Software Recovery Already Started: 5 Stocks to Buy Now
• Neutral Sentiment: Reports flagged a premarket dip in APP despite bullish analyst views — that suggests short?term trading dynamics (profit?taking, sector rotation) are influencing price action more than fundamentals this session. AppLovin (APP) Stock Dips in Premarket Despite Bullish Analyst Outlook
• Negative Sentiment: Valuation is the main near?term constraint: APP trades at a high multiple and recently rebounded ~25% in a month, so some investors may be taking profits and brokers are tempering targets — this can cap upside and pressure the stock in the short term. AppLovin Gains 25% in a Month: Should You Still Buy the Stock?

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on APP shares. Scotiabank increased their price objective on shares of AppLovin from $750.00 to $775.00 and gave the stock an “outperform” rating in a report on Thursday, February 12th. The Goldman Sachs Group lowered their target price on shares of AppLovin from $710.00 to $585.00 and set a “neutral” rating for the company in a report on Thursday, February 12th. Jefferies Financial Group dropped their price target on shares of AppLovin from $860.00 to $700.00 and set a “buy” rating for the company in a research report on Thursday, February 12th. Evercore reiterated a “buy” rating on shares of AppLovin in a report on Friday, January 30th. Finally, BTIG Research lowered their price objective on shares of AppLovin from $771.00 to $640.00 and set a “buy” rating for the company in a research note on Thursday, February 12th. Twenty-one equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, AppLovin currently has an average rating of “Moderate Buy” and an average price target of $654.50.

Insider Transactions at AppLovin

In related news, Director Dawson Alyssa Harvey sold 150 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $693.32, for a total transaction of $103,998.00. Following the transaction, the director directly owned 2,829 shares of the company’s stock, valued at approximately $1,961,402.28. The trade was a 5.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Victoria Valenzuela sold 7,609 shares of the business’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $657.13, for a total transaction of $5,000,102.17. Following the transaction, the insider directly owned 277,110 shares in the company, valued at approximately $182,097,294.30. The trade was a 2.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 13.66% of the company’s stock.

AppLovin Profile

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.