AppLovin Corporation $APP Stock Position Reduced by Meridiem Capital Partners LP

Meridiem Capital Partners LP lessened its holdings in AppLovin Corporation (NASDAQ:APP) by 77.9% in the third quarter, HoldingsChannel.com reports. The firm owned 7,104 shares of the company’s stock after selling 24,994 shares during the period. Meridiem Capital Partners LP’s holdings in AppLovin were worth $5,105,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of APP. CBIZ Investment Advisory Services LLC grew its position in shares of AppLovin by 58.6% during the 3rd quarter. CBIZ Investment Advisory Services LLC now owns 46 shares of the company’s stock valued at $33,000 after buying an additional 17 shares during the last quarter. Versant Capital Management Inc boosted its holdings in shares of AppLovin by 2.8% during the third quarter. Versant Capital Management Inc now owns 701 shares of the company’s stock valued at $504,000 after acquiring an additional 19 shares during the period. Claro Advisors LLC grew its position in shares of AppLovin by 3.2% during the third quarter. Claro Advisors LLC now owns 647 shares of the company’s stock worth $465,000 after acquiring an additional 20 shares during the last quarter. Optas LLC grew its position in shares of AppLovin by 2.5% during the third quarter. Optas LLC now owns 877 shares of the company’s stock worth $630,000 after acquiring an additional 21 shares during the last quarter. Finally, Bartlett & CO. Wealth Management LLC increased its holdings in shares of AppLovin by 19.6% in the 3rd quarter. Bartlett & CO. Wealth Management LLC now owns 134 shares of the company’s stock worth $96,000 after acquiring an additional 22 shares during the period. 41.85% of the stock is owned by institutional investors and hedge funds.

Insider Activity at AppLovin

In other news, CTO Vasily Shikin sold 62,804 shares of the stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $486.43, for a total transaction of $30,549,749.72. Following the completion of the sale, the chief technology officer owned 3,255,273 shares in the company, valued at approximately $1,583,462,445.39. This represents a 1.89% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Victoria Valenzuela sold 7,609 shares of the firm’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $657.13, for a total value of $5,000,102.17. Following the sale, the insider directly owned 277,110 shares of the company’s stock, valued at approximately $182,097,294.30. This represents a 2.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 97,329 shares of company stock worth $48,642,639. 13.66% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Wells Fargo & Company reduced their target price on shares of AppLovin from $735.00 to $543.00 and set an “overweight” rating for the company in a research note on Thursday, February 12th. Piper Sandler restated an “overweight” rating and issued a $650.00 price target (down from $800.00) on shares of AppLovin in a research note on Thursday, February 12th. Oppenheimer cut their price target on AppLovin from $740.00 to $660.00 and set an “outperform” rating on the stock in a report on Thursday, March 5th. Weiss Ratings downgraded AppLovin from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday. Finally, UBS Group set a $740.00 price objective on AppLovin in a report on Thursday, February 12th. Twenty equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, AppLovin currently has a consensus rating of “Moderate Buy” and an average target price of $654.50.

AppLovin Price Performance

NASDAQ APP traded up $13.04 on Friday, reaching $462.37. The company’s stock had a trading volume of 597,327 shares, compared to its average volume of 6,524,894. AppLovin Corporation has a twelve month low of $200.50 and a twelve month high of $745.61. The company has a debt-to-equity ratio of 1.65, a quick ratio of 3.32 and a current ratio of 3.32. The firm’s 50 day moving average is $497.50 and its two-hundred day moving average is $573.26. The stock has a market cap of $155.95 billion, a PE ratio of 47.38, a PEG ratio of 0.81 and a beta of 2.51.

AppLovin (NASDAQ:APP) last announced its quarterly earnings data on Wednesday, February 11th. The company reported $3.24 earnings per share (EPS) 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 company had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.61 billion. During the same quarter in the previous year, the company posted $1.73 EPS. The business’s revenue was up 66.0% compared to the same quarter last year. As a group, sell-side analysts predict that AppLovin Corporation will post 6.87 EPS for the current year.

Key Stories Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Needham & Company initiated/issued a buy rating on APP, giving the stock fresh analyst support that can attract buyers and validate the growth story. AppLovin (NASDAQ:APP) Earns Buy Rating from Needham
• Positive Sentiment: Long-term bull case: The Motley Fool piece places AppLovin among AI winners that could outgrow Palantir over five years, reinforcing a growth narrative tied to AI-driven ad/product discovery that can support higher multiples. Prediction: 2 AI Stocks Will Be Worth More Than Palantir Technologies in 5 Years
• Positive Sentiment: Quant/technical interest: A short Seeking Alpha piece flags the quant system as a “buy,” which can trigger programmatic buying and momentum flows in the short term. AppLovin (APP) Stock Analysis: Why The Quant System Says “Buy”
• Neutral Sentiment: Market commentary argues recent volatility reflects shifting ad-tech sentiment rather than deteriorating fundamentals; that view may reassure investors focused on long-term ad-revenue scaling. AppLovin’s Volatility Reflects Market Sentiment, Not Weakness
• Neutral Sentiment: Short-interest data reported looks anomalous (shows 0 shares / NaN change), so there’s no clear short-squeeze or short pressure signal from these filings—treat this item as noisy/uncertain. (No external link; data noted from market reports.)
• Negative Sentiment: Insider selling: Multiple SEC filings show sizable CTO Vasily Shikin share sales across March 10 at prices in the $470–$513 range, reducing his stake materially — a potential red flag for some investors about near-term insider confidence. SEC filing: Insider Sales by CTO Vasily Shikin
• Negative Sentiment: Media caution: Jim Cramer warned there’s “too much risk” around AppLovin, echoing investor concerns about ad-platform competition (e.g., Google) and magnifying short-term selling pressure. Jim Cramer on AppLovin: “Too Much Risk There”
• Negative Sentiment: Recent price pullback and coverage questioning valuation: Zacks and Forbes note recent sharper declines (~10% over weeks) and debate whether APP is a value trap, which can keep some investors sidelined. AppLovin (APP) Falls More Steeply Than Broader Market Is AppLovin Stock A Value Trap?

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.