Triglav Investments D.O.O. Purchases New Shares in AppLovin Corporation $APP

Triglav Investments D.O.O. purchased a new position in AppLovin Corporation (NASDAQ:APP) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,500 shares of the company’s stock, valued at approximately $1,796,000.

A number of other hedge funds have also recently modified their holdings of APP. Vanguard Group Inc. increased its stake in shares of AppLovin by 0.4% in the 2nd quarter. Vanguard Group Inc. now owns 17,902,795 shares of the company’s stock worth $6,267,410,000 after acquiring an additional 72,120 shares in the last quarter. State Street Corp grew its holdings in AppLovin by 2.4% in the second quarter. State Street Corp now owns 5,615,415 shares of the company’s stock worth $1,965,844,000 after purchasing an additional 133,402 shares during the period. Jennison Associates LLC grew its holdings in AppLovin by 55.2% in the third quarter. Jennison Associates LLC now owns 3,886,150 shares of the company’s stock worth $2,792,355,000 after purchasing an additional 1,381,970 shares during the period. Norges Bank bought a new position in shares of AppLovin during the second quarter valued at approximately $951,541,000. Finally, Rakuten Investment Management Inc. purchased a new position in shares of AppLovin during the third quarter valued at approximately $1,456,108,000. Institutional investors own 41.85% of the company’s stock.

AppLovin Stock Down 16.1%

APP opened at $387.34 on Thursday. The stock has a market capitalization of $130.90 billion, a price-to-earnings ratio of 47.01, a PEG ratio of 1.52 and a beta of 2.49. The firm has a 50 day moving average price of $627.94 and a 200-day moving average price of $569.02. AppLovin Corporation has a twelve month low of $200.50 and a twelve month high of $745.61. The company has a quick ratio of 3.25, a current ratio of 3.25 and a debt-to-equity ratio of 2.38.

AppLovin (NASDAQ:APP) last posted its earnings results on Wednesday, November 5th. The company reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.34 by $0.11. The business had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. AppLovin had a net margin of 51.27% and a return on equity of 258.49%. The firm’s revenue was up 68.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.29 EPS. Equities research analysts forecast that AppLovin Corporation will post 6.87 earnings per share for the current year.

Analysts Set New Price Targets

APP has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft set a $705.00 price objective on AppLovin and gave the company a “buy” rating in a research report on Wednesday, October 22nd. Wedbush raised their price target on AppLovin from $745.00 to $800.00 and gave the company an “outperform” rating in a report on Thursday, November 6th. JPMorgan Chase & Co. upped their price target on shares of AppLovin from $425.00 to $650.00 and gave the stock a “neutral” rating in a research note on Thursday, November 6th. Needham & Company LLC raised shares of AppLovin from a “hold” rating to a “buy” rating and set a $700.00 price objective on the stock in a research report on Monday, January 26th. Finally, Zacks Research raised shares of AppLovin from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $706.45.

Insider Transactions at AppLovin

In other AppLovin news, CEO Arash Adam Foroughi sold 4,069 shares of the stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $497.50, for a total value of $2,024,327.50. Following the transaction, the chief executive officer owned 2,998,948 shares of the company’s stock, valued at approximately $1,491,976,630. This represents a 0.14% 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, Director Dawson Alyssa Harvey sold 150 shares of the firm’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $693.32, for a total value of $103,998.00. Following the completion of the transaction, the director directly owned 2,829 shares in the company, valued at $1,961,402.28. The trade was a 5.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 340,336 shares of company stock worth $200,062,623. 13.66% of the stock is currently owned by insiders.

Key Stories Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Piper Sandler reaffirmed an Overweight rating and an $800 price target, arguing fears around Google’s Project Genie and META bidding are overblown and highlighting compelling valuation and gaming trends. Why Piper Sandler Says Google’s Project Genie Isn’t a Threat to AppLovin
• Positive Sentiment: Benchmark reiterated a Buy and $775 price target, saying AI-native game creation risks are overstated and that AppLovin’s scale/data moat should protect long-term positioning. Why Benchmark Says Google’s AI Won’t Derail AppLovin
• Positive Sentiment: Analyst previews and estimates ahead of the quarter show strong expectations (high-teens revenue growth and high EPS growth), and AppLovin’s prior reported beats and high margins underpin the bull case. Should You Buy, Sell, or Hold AppLovin Stock Before Q4 Earnings?
• Neutral Sentiment: AppLovin is publicly addressing short‑seller allegations and the company has media/PR responses in play; this reduces some informational uncertainty but keeps headline risk high. AppLovin Confronts Short Seller Claims
• Neutral Sentiment: Investors are awaiting a scheduled earnings announcement (expected), which concentrates volatility around the report. AppLovin Expected to Announce Earnings on Wednesday
• Negative Sentiment: Broader software/AI sector selloff and specific fears that Google’s Project Genie and other AI advances could disrupt mobile ad tech triggered heavy selling pressure today. AppLovin stock falls amid broader software selloff and mobile ad tech concerns
• Negative Sentiment: A bearish analysis argues AppLovin was “priced to perfection,” pointing to rapid prior gains, competitive/AI threats and profit‑taking that magnified the selloff. AppLovin: Being Priced To Perfection Created Too Much Risk
• Negative Sentiment: A Pomerantz law‑firm investor investigation filing increases litigation/management-disclosure risk, which tends to amplify downside in short-term trading. Pomerantz Law Firm Investigates Claims On Behalf of Investors of AppLovin

About AppLovin

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.