AppLovin Corporation $APP Shares Acquired by Candriam S.C.A.

Candriam S.C.A. boosted its holdings in AppLovin Corporation (NASDAQ:APP) by 135.5% in the second quarter, HoldingsChannel.com reports. The firm owned 31,732 shares of the company’s stock after acquiring an additional 18,258 shares during the period. Candriam S.C.A.’s holdings in AppLovin were worth $11,109,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Revolve Wealth Partners LLC bought a new position in shares of AppLovin in the 4th quarter worth about $294,000. Bison Wealth LLC acquired a new stake in AppLovin during the fourth quarter worth about $239,000. Sigma Planning Corp raised its stake in AppLovin by 20.7% during the first quarter. Sigma Planning Corp now owns 3,026 shares of the company’s stock worth $802,000 after acquiring an additional 519 shares during the period. Apollon Wealth Management LLC lifted its holdings in AppLovin by 35.0% in the first quarter. Apollon Wealth Management LLC now owns 4,141 shares of the company’s stock worth $1,097,000 after acquiring an additional 1,073 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. boosted its stake in AppLovin by 59.5% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 201 shares of the company’s stock valued at $53,000 after acquiring an additional 75 shares during the period. Institutional investors own 41.85% of the company’s stock.

AppLovin Trading Up 0.3%

Shares of APP stock opened at $557.70 on Friday. AppLovin Corporation has a 1 year low of $200.50 and a 1 year high of $745.61. The firm has a market capitalization of $188.47 billion, a PE ratio of 67.68, a price-to-earnings-growth ratio of 2.98 and a beta of 2.50. The stock has a fifty day moving average of $615.01 and a two-hundred day moving average of $461.69. The company has a debt-to-equity ratio of 2.38, a quick ratio of 3.25 and a current ratio of 3.25.

AppLovin (NASDAQ:APP) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $2.45 EPS for the quarter, beating analysts’ consensus estimates of $2.34 by $0.11. AppLovin had a return on equity of 258.49% and a net margin of 51.27%.The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same period last year, the company earned $1.29 earnings per share. The company’s quarterly revenue was up 68.2% compared to the same quarter last year. AppLovin has set its Q4 2025 guidance at EPS. As a group, research analysts expect that AppLovin Corporation will post 6.87 EPS for the current year.

Analysts Set New Price Targets

APP has been the topic of a number of research reports. Zacks Research cut AppLovin from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Morgan Stanley upped their price objective on AppLovin from $480.00 to $750.00 and gave the stock an “overweight” rating in a research note on Monday, September 29th. Wall Street Zen lowered AppLovin from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Piper Sandler raised their target price on AppLovin from $740.00 to $800.00 and gave the company an “overweight” rating in a research note on Thursday, November 6th. Finally, Phillip Securities upgraded shares of AppLovin to a “moderate buy” rating in a research report on Monday, September 29th. Twenty-one analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $658.27.

Insider Activity at AppLovin

In other AppLovin news, CEO Arash Adam Foroughi sold 90,000 shares of the business’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $421.04, for a total transaction of $37,893,600.00. Following the sale, the chief executive officer directly owned 2,620,054 shares in the company, valued at approximately $1,103,147,536.16. The trade was a 3.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Vasily Shikin sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $437.57, for a total transaction of $13,127,100.00. Following the completion of the sale, the chief technology officer directly owned 3,360,104 shares of the company’s stock, valued at approximately $1,470,280,707.28. This represents a 0.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 484,338 shares of company stock worth $243,010,812 in the last 90 days. Corporate insiders own 13.66% of the company’s stock.

AppLovin Profile

AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally. It operates through two segments, Software Platform and Apps. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; MAX, an in-app bidding software that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform that provides marketers with the visibility, insights, and tools needed to grow their apps from early stage to maturity; and Wurl, a connected TV platform, which distributes streaming video for content companies and provides advertising and publishing solutions through its AdPool, ContentDiscovery, and Global FAST Pass products.