Elevatus Welath Management Invests $5 Million in AppLovin Corporation $APP

Elevatus Welath Management bought a new stake in AppLovin Corporation (NASDAQ:APP) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,963 shares of the company’s stock, valued at approximately $5,003,000. AppLovin accounts for 1.4% of Elevatus Welath Management’s holdings, making the stock its 19th largest position.

Other institutional investors have also bought and sold shares of the company. Blue Whale Capital LLP acquired a new stake in AppLovin during the third quarter worth approximately $44,183,000. Beese Fulmer Investment Management Inc. lifted its stake in AppLovin by 47.5% in the third quarter. Beese Fulmer Investment Management Inc. now owns 1,957 shares of the company’s stock valued at $1,406,000 after buying an additional 630 shares during the period. Financial Life Planners acquired a new position in AppLovin in the third quarter valued at approximately $208,000. Sands Capital Management LLC boosted its holdings in shares of AppLovin by 24.4% during the 3rd quarter. Sands Capital Management LLC now owns 1,016,959 shares of the company’s stock worth $730,726,000 after buying an additional 199,613 shares in the last quarter. Finally, Mackenzie Financial Corp boosted its holdings in shares of AppLovin by 262.3% during the 3rd quarter. Mackenzie Financial Corp now owns 98,037 shares of the company’s stock worth $70,444,000 after buying an additional 70,981 shares in the last quarter. Institutional investors own 41.85% of the company’s stock.

AppLovin Stock Performance

NASDAQ APP opened at $461.45 on Thursday. The company has a fifty day simple moving average of $501.99 and a 200 day simple moving average of $574.12. AppLovin Corporation has a 12-month low of $200.50 and a 12-month high of $745.61. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 1.65. The company has a market cap of $155.64 billion, a P/E ratio of 47.33, a PEG ratio of 0.84 and a beta of 2.51.

AppLovin (NASDAQ:APP) last released its quarterly earnings data on Wednesday, February 11th. The company reported $3.24 earnings per share for the quarter, topping the consensus estimate of $2.89 by $0.35. AppLovin had a net margin of 57.42% and a return on equity of 245.64%. The firm had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.61 billion. During the same quarter in the prior year, the company posted $1.73 earnings per share. The business’s revenue was up 66.0% on a year-over-year basis. Sell-side analysts predict that AppLovin Corporation will post 6.87 earnings per share for the current fiscal year.

Key Stories Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Needham reaffirmed a “buy” on APP with a $700 price target, signaling sizable upside from current levels and giving institutional-supportive backing for the shares. Needham Reaffirms Buy
• Positive Sentiment: AppLovin announced a strategic partnership with Stagwell to integrate Axon across mobile and CTV, expanding distribution and AI-driven campaign tools — a clear commercial growth push for Axon and ad-revenue potential. Stagwell Partnership
• Positive Sentiment: AppLovin released an Axon/Kantar report highlighting mobile gaming as a mainstream ad channel, reinforcing longer-term TAM expansion for its ad platform. This supports revenue growth arguments if Axon continues monetizing at scale. Axon/Kantar Report
• Positive Sentiment: Industry data (Adjust) showing rising gaming app sessions and retention trends supports sustained ad demand in AppLovin’s core end-market. Adjust Gaming Data
• Neutral Sentiment: Coverage notes that recent sharp price swings reflect market sentiment more than fundamentals — useful context for traders but less immediately actionable on fundamentals. Volatility Coverage
• Neutral Sentiment: Forbes and Zacks pieces compare AppLovin to peers and explain why the name is trending — informative for positioning but not new company-specific catalysts. Forbes Comparison
• Neutral Sentiment: Reported short-interest entries show zero shares (data anomaly), so current filings don’t indicate meaningful short pressure — treat these numbers cautiously.
• Negative Sentiment: Jim Cramer publicly warned that AppLovin carries “too much risk” and suggested Google could reclaim ad margins — comments from high-profile media figures can trigger short-term selling and amplify volatility. Jim Cramer Warning
• Negative Sentiment: Seeking Alpha published a downgrade-style piece predicting potential future turmoil, adding to the negative narrative and giving cautious investors reasons to trim positions. Seeking Alpha Downgrade

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Citigroup lowered their price objective on shares of AppLovin from $820.00 to $710.00 and set a “buy” rating for the company in a research note on Thursday, February 12th. Morgan Stanley set a $720.00 target price on shares of AppLovin in a research note on Thursday, February 12th. Needham & Company LLC restated a “buy” rating and issued a $700.00 price target on shares of AppLovin in a report on Wednesday. Royal Bank Of Canada reiterated an “outperform” rating and set a $700.00 price objective on shares of AppLovin in a report on Thursday, February 12th. Finally, Scotiabank increased their price objective on shares of AppLovin from $750.00 to $775.00 and gave the stock an “outperform” rating in a research report on Thursday, February 12th. Twenty equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $654.50.

Insider Buying and Selling at AppLovin

In related news, insider Victoria Valenzuela sold 7,609 shares of the company’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $657.13, for a total value of $5,000,102.17. Following the sale, the insider owned 277,110 shares in the company, valued at $182,097,294.30. This represents a 2.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 13.66% of the stock is owned by corporate insiders.

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.