Mirae Asset Global Investments Co. Ltd. Acquires 245,066 Shares of AppLovin Corporation $APP

Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of AppLovin Corporation (NASDAQ:APP) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 245,066 shares of the company’s stock, valued at approximately $71,175,000. Mirae Asset Global Investments Co. Ltd. owned about 0.07% of AppLovin at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Cassaday & Co Wealth Management LLC acquired a new stake in AppLovin during the first quarter worth about $25,000. Pioneer Family Office LLC acquired a new stake in shares of AppLovin during the 2nd quarter worth approximately $31,000. IMA Advisory Services Inc. increased its holdings in shares of AppLovin by 40.0% during the 1st quarter. IMA Advisory Services Inc. now owns 84 shares of the company’s stock worth $33,000 after buying an additional 24 shares during the last quarter. OFI Invest Asset Management raised its position in shares of AppLovin by 16.3% during the 2nd quarter. OFI Invest Asset Management now owns 68,739 shares of the company’s stock valued at $35,000 after buying an additional 9,615 shares during the period. Finally, LifeSteps Financial Inc. acquired a new position in AppLovin in the second quarter valued at approximately $40,000. Hedge funds and other institutional investors own 41.85% of the company’s stock.

Key AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin continues to attract bullish attention from some Wall Street analysts. Its average brokerage recommendation remains equivalent to a Buy, while previously published price targets are substantially above the current trading level. AppLovin also delivered strong growth in 2025 and has expanded its software-based advertising business. Is AppLovin a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: Wurl, AppLovin’s subsidiary, launched a Content Intelligence Platform designed to improve transparency and measurement in connected-TV advertising. The initiative could support AppLovin’s expansion into additional digital-advertising channels. AppLovin Flags CTV Ad Transparency Gaps
• Neutral Sentiment: Institutional positioning is mixed: 712 investors added APP shares in their latest reported quarter, while 765 reduced positions. Large purchases by Invesco, Capital World Investors, and JPMorgan contrast with complete or sizable reductions by some other funds.
• Negative Sentiment: Investor concern has intensified ahead of the November 4 earnings report. Recent commentary points to stable rather than accelerating advertiser demand, more conservative estimates, and questions about whether improvements to AppLovin’s advertising models are continuing at the earlier pace. AppLovin Slides as Investors Weigh Slower Growth Signals
• Negative Sentiment: Multiple law firms reported a securities class action covering investors who purchased APP securities from February 12 through August 5, 2026. The allegations center on disclosures about AI advertising-model improvements and the readiness of AppLovin’s generative-AI video tool. The lead-plaintiff deadline is November 16, adding legal and reputational risk. AppLovin Faces Securities Fraud Class Action
• Negative Sentiment: Reported insider activity has consisted entirely of sales over the past six months, including sales by the CEO and chief technology officer. Although insider sales do not necessarily indicate deteriorating fundamentals, the pattern may weigh on sentiment while the stock remains well below its 52-week high.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Evercore reiterated an “outperform” rating and set a $510.00 price target (down from $630.00) on shares of AppLovin in a research report on Tuesday, September 1st. BTIG Research decreased their price target on shares of AppLovin from $408.00 to $396.00 and set a “buy” rating for the company in a research note on Tuesday, September 8th. Bank of America cut shares of AppLovin from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $430.00 to $400.00 in a report on Tuesday, August 11th. UBS Group decreased their price objective on AppLovin from $790.00 to $414.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Wells Fargo & Company lowered their price objective on shares of AppLovin from $357.00 to $325.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 19th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, AppLovin currently has a consensus rating of “Moderate Buy” and a consensus price target of $491.64.

AppLovin Price Performance

Shares of NASDAQ:APP opened at $228.50 on Monday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 4.30 and a current ratio of 4.30. The business’s fifty day moving average price is $294.20 and its two-hundred day moving average price is $417.58. The stock has a market cap of $76.47 billion, a PE ratio of 17.56, a price-to-earnings-growth ratio of 0.51 and a beta of 2.51. AppLovin Corporation has a one year low of $225.19 and a one year high of $738.01.

AppLovin (NASDAQ:APP) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $3.76 earnings per share for the quarter, meeting the consensus estimate of $3.76. AppLovin had a return on equity of 193.10% and a net margin of 64.58%. The company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same period in the previous year, the firm posted $2.39 EPS. AppLovin’s revenue was up 52.8% on a year-over-year basis. On average, analysts forecast that AppLovin Corporation will post 15.61 EPS for the current fiscal year.

AppLovin Company 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.