Prudential PLC Purchases 1,689 Shares of AppLovin Corporation $APP

Prudential PLC raised its position in AppLovin Corporation (NASDAQ:APP) by 3.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,639 shares of the company’s stock after purchasing an additional 1,689 shares during the period. Prudential PLC’s holdings in AppLovin were worth $31,426,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in AppLovin by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 25,120,575 shares of the company’s stock valued at $16,926,746,000 after purchasing an additional 166,117 shares during the period. State Street Corp boosted its holdings in AppLovin by 111.1% in the 3rd quarter. State Street Corp now owns 11,852,466 shares of the company’s stock valued at $8,516,471,000 after purchasing an additional 6,237,051 shares during the period. Geode Capital Management LLC boosted its holdings in AppLovin by 6.7% in the 4th quarter. Geode Capital Management LLC now owns 7,167,003 shares of the company’s stock valued at $4,817,269,000 after purchasing an additional 448,005 shares during the period. Invesco Ltd. boosted its holdings in AppLovin by 9.4% in the 3rd quarter. Invesco Ltd. now owns 4,292,752 shares of the company’s stock valued at $3,084,514,000 after purchasing an additional 367,083 shares during the period. Finally, Kensico Capital Management Corp boosted its holdings in AppLovin by 3.1% in the 3rd quarter. Kensico Capital Management Corp now owns 3,118,500 shares of the company’s stock valued at $2,240,767,000 after purchasing an additional 95,000 shares during the period. 41.85% of the stock is owned by institutional investors.

Key Headlines Impacting AppLovin

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

Insider Activity

In other AppLovin news, Director Eduardo Vivas sold 163,910 shares of the business’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $453.49, for a total value of $74,331,545.90. Following the transaction, the director owned 6,969,382 shares in the company, valued at approximately $3,160,545,043.18. The trade was a 2.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Arash Adam Foroughi sold 50,000 shares of the business’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $466.04, for a total transaction of $23,302,000.00. Following the completion of the transaction, the chief executive officer owned 2,480,414 shares in the company, valued at $1,155,972,140.56. The trade was a 1.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 464,016 shares of company stock worth $218,477,985 over the last ninety days. 13.66% of the stock is owned by insiders.

Analysts Set New Price Targets

APP has been the subject of several analyst reports. Piper Sandler raised their price target on shares of AppLovin from $650.00 to $665.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. UBS Group cut their target price on shares of AppLovin from $740.00 to $716.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. Weiss Ratings lowered shares of AppLovin from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 7th. Benchmark reiterated a “buy” rating on shares of AppLovin in a research report on Friday, March 6th. Finally, Arete Research set a $340.00 target price on shares of AppLovin and gave the stock a “neutral” rating in a research report on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $664.35.

AppLovin Stock Performance

AppLovin stock opened at $558.87 on Friday. 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 company has a market capitalization of $187.75 billion, a PE ratio of 48.01, a P/E/G ratio of 0.93 and a beta of 2.45. 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 posted its quarterly earnings results on Wednesday, May 6th. The company reported $3.56 earnings per share for the quarter, topping the consensus estimate of $3.44 by $0.12. The business had revenue of $1.84 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the previous year, the firm posted $1.67 earnings per share. Research analysts expect that AppLovin Corporation will post 15.86 EPS for the current year.

AppLovin Company 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.