Rakuten Investment Management Inc. Sells 1,975,963 Shares of AppLovin Corporation $APP

Rakuten Investment Management Inc. lowered its stake in shares of AppLovin Corporation (NASDAQ:APP) by 97.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,519 shares of the company’s stock after selling 1,975,963 shares during the quarter. Rakuten Investment Management Inc.’s holdings in AppLovin were worth $35,304,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Revolve Wealth Partners LLC purchased a new position in AppLovin during the fourth quarter worth about $294,000. Bison Wealth LLC bought a new position in shares of AppLovin during the 4th quarter worth approximately $239,000. Integrated Wealth Concepts LLC boosted its stake in shares of AppLovin by 58.0% in the 1st quarter. Integrated Wealth Concepts LLC now owns 1,692 shares of the company’s stock worth $448,000 after buying an additional 621 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of AppLovin by 5.7% in the second quarter. NewEdge Advisors LLC now owns 14,523 shares of the company’s stock valued at $5,084,000 after acquiring an additional 782 shares in the last quarter. Finally, Treasurer of the State of North Carolina grew its holdings in shares of AppLovin by 7.2% in the second quarter. Treasurer of the State of North Carolina now owns 139,189 shares of the company’s stock valued at $48,727,000 after acquiring an additional 9,380 shares in the last quarter. Institutional investors own 41.85% of the company’s stock.

Trending Headlines about AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin was included in lists of the “best S&P 500 stocks to buy now according to analysts,” which can reinforce bullish sentiment around the stock’s growth outlook and help support share demand. Here is Why AppLovin (APP) is One of the Best S&P 500 Stocks to Buy Now According to Analysts
• Positive Sentiment: The stock was noted as “soaring” and extending its bounce as broader market tailwinds lifted stocks after yields fell, suggesting AppLovin is benefiting from a more favorable risk-on environment. AppLovin and Elastic Shares Are Soaring, What You Need To Know
• Positive Sentiment: Pixalate’s Q1 2026 Mobile Seller Trust Index ranked AppLovin among the leaders, which may reassure investors about the quality and trustworthiness of its mobile ad inventory. Pixalate Releases Q1 2026 Mobile Seller Trust Index 2.0
• Neutral Sentiment: AppLovin is being featured in several “trending stock” and “3 reasons we’re fans” articles, reflecting elevated investor interest, though these pieces do not add new business catalysts. Is Trending Stock AppLovin Corporation (APP) a Buy Now?
• Neutral Sentiment: One article noted that AppLovin’s stock had fallen over the prior six months, but the piece framed that decline as part of a longer-term discussion rather than a new negative catalyst. 3 Reasons We’re Fans of AppLovin (APP)

AppLovin Stock Up 4.8%

Shares of NASDAQ APP opened at $520.86 on Tuesday. AppLovin Corporation has a one year low of $320.00 and a one year high of $745.61. The company has a debt-to-equity ratio of 1.49, a current ratio of 3.24 and a quick ratio of 3.24. The business’s fifty day moving average price is $485.57 and its 200-day moving average price is $520.32. The stock has a market capitalization of $174.98 billion, a PE ratio of 44.75, a P/E/G ratio of 0.81 and a beta of 2.45.

AppLovin (NASDAQ:APP) last announced its quarterly earnings data 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. AppLovin had a return on equity of 219.37% and a net margin of 64.29%.The company had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.77 billion. During the same quarter last year, the firm posted $1.67 EPS. The firm’s revenue for the quarter was up 58.9% on a year-over-year basis. On average, equities research analysts anticipate that AppLovin Corporation will post 15.86 EPS for the current year.

Insider Buying and Selling

In other news, CTO Vasily Shikin sold 62,804 shares of AppLovin stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $484.42, for a total value of $30,423,513.68. Following the completion of the transaction, the chief technology officer directly owned 3,189,739 shares in the company, valued at approximately $1,545,173,366.38. The trade was a 1.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Matthew Stumpf sold 9,052 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $600.00, for a total value of $5,431,200.00. Following the sale, the chief financial officer owned 177,450 shares in the company, valued at approximately $106,470,000. The trade was a 4.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 226,014 shares of company stock valued at $113,073,400 over the last three months. Insiders own 13.66% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on APP shares. KeyCorp set a $775.00 price target on AppLovin in a report on Wednesday, June 10th. Wells Fargo & Company upped 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. Morgan Stanley reiterated an “overweight” rating on shares of AppLovin in a research note on Wednesday, May 27th. Weiss Ratings lowered shares of AppLovin from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 7th. Finally, Wedbush restated an “outperform” rating and set a $640.00 price objective on shares of AppLovin in a report on Thursday, May 7th. One investment 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.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $669.62.

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.