AppLovin Corporation $APP Stock Position Lowered by Alps Advisors Inc.

Alps Advisors Inc. decreased its holdings in AppLovin Corporation (NASDAQ:APP) by 17.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,887 shares of the company’s stock after selling 1,442 shares during the period. Alps Advisors Inc.’s holdings in AppLovin were worth $4,949,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Norges Bank bought a new position in AppLovin in the 2nd quarter worth approximately $951,541,000. Rakuten Investment Management Inc. bought a new stake in shares of AppLovin during the third quarter worth $1,456,108,000. Jennison Associates LLC lifted its stake in shares of AppLovin by 55.2% during the third quarter. Jennison Associates LLC now owns 3,886,150 shares of the company’s stock valued at $2,792,355,000 after acquiring an additional 1,381,970 shares during the period. Bank of New York Mellon Corp boosted its holdings in AppLovin by 51.0% in the third quarter. Bank of New York Mellon Corp now owns 1,493,494 shares of the company’s stock valued at $1,073,135,000 after acquiring an additional 504,341 shares during the last quarter. Finally, National Pension Service increased its position in AppLovin by 82.2% in the second quarter. National Pension Service now owns 790,271 shares of the company’s stock worth $276,658,000 after purchasing an additional 356,443 shares during the period. 41.85% of the stock is currently owned by institutional investors and hedge funds.

More AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Short‑seller CapitalWatch retracted and apologized for claims tying an AppLovin shareholder to criminal syndicates, removing a major credibility overhang that had pressured the stock. Short-seller CapitalWatch apologizes, retracts report on AppLovin shareholder
• Positive Sentiment: A prominent critic walked back some earlier claims, further easing regulatory/reputational uncertainty and supporting the rebound in shares. A Big AppLovin Critic Walked Back Some Of Its Claims. The Stock Jumped.
• Positive Sentiment: Jefferies publicly defended AppLovin as a “great buying opportunity,” lending institutional support to the recovery narrative and likely attracting buyers after the selloff. AppLovin stock jumps as Jefferies defends ’great buying opportunity’
• Positive Sentiment: An analyst called the recent sell‑off “overblown,” framing the dip as a buying opportunity and helping momentum into the rally. AppLovin Stock Regains Ground After Sell-Off That Analyst Calls ‘Overblown’
• Positive Sentiment: Technical indicators (hammer candlestick) and upward earnings-estimate revisions suggest the stock may have found short-term support, attracting “bottom-fisher” interest. Here’s Why AppLovin (APP) Could be Great Choice for a Bottom Fisher
• Neutral Sentiment: AppLovin is on a busy earnings week calendar — results and guidance will be a near-term catalyst and could swing sentiment either way. Robinhood, AppLovin, Rivian and More Stocks With Earnings This Week
• Neutral Sentiment: Industry‑wide weakness in software/AI names has pressured multiples across the group; some screens still list APP among top software picks, but sector sentiment is mixed. 5 Top Software Stocks Investors Can Buy Now (APP, PLTR, HOOD, CRM, NOW)
• Positive Sentiment: Longer‑term bulls point to AppLovin’s AI recommendation tech as a durable advantage, with research suggesting sizable upside if AI ad targeting adoption continues. A Once-in-a-Decade Investment Opportunity: The 2 Best AI Stocks to Buy in February 2026
• Negative Sentiment: Wedbush cut its price target sharply (from $800 to $465), citing valuation reset and industry headwinds — a reminder that analysts see downside risk if sector weakness persists. Wedbush Lowers AppLovin (APP) PT to $465, Cites Valuation Reset, Industry Headwinds

Analyst Ratings Changes

A number of brokerages have recently weighed in on APP. Evercore reissued a “buy” rating on shares of AppLovin in a research report on Friday, January 30th. Deutsche Bank Aktiengesellschaft set a $705.00 target price on shares of AppLovin and gave the stock a “buy” rating in a report on Wednesday, October 22nd. Needham & Company LLC upgraded AppLovin from a “hold” rating to a “buy” rating and set a $700.00 price objective on the stock in a research note on Monday, January 26th. Benchmark restated a “buy” rating on shares of AppLovin in a report on Monday, February 2nd. Finally, BTIG Research reissued a “buy” rating and set a $771.00 price target on shares of AppLovin in a report on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $686.05.

Insiders Place Their Bets

In other news, CEO Arash Adam Foroughi sold 30,888 shares of the stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $520.29, for a total value of $16,070,717.52. Following the completion of the transaction, the chief executive officer owned 2,553,161 shares of the company’s stock, valued at approximately $1,328,384,136.69. This represents a 1.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Victoria Valenzuela sold 7,609 shares of the business’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $657.13, for a total transaction of $5,000,102.17. Following the sale, the insider directly owned 277,110 shares in the company, valued at $182,097,294.30. The trade was a 2.67% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 187,986 shares of company stock worth $101,032,761. Company insiders own 13.66% of the company’s stock.

AppLovin Stock Up 13.2%

NASDAQ APP opened at $460.38 on Tuesday. The company has a debt-to-equity ratio of 2.38, a current ratio of 3.25 and a quick ratio of 3.25. The stock has a market capitalization of $155.59 billion, a PE ratio of 55.87, a PEG ratio of 1.34 and a beta of 2.49. The business’s 50-day moving average is $616.57 and its 200 day moving average is $571.64. AppLovin Corporation has a 1 year low of $200.50 and a 1 year high of $745.61.

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.