AppLovin Corporation $APP Shares Bought by Wedbush Securities Inc.

Wedbush Securities Inc. increased its stake in AppLovin Corporation (NASDAQ:APP) by 150.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,242 shares of the company’s stock after acquiring an additional 3,747 shares during the period. Wedbush Securities Inc.’s holdings in AppLovin were worth $1,813,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. State Street Corp increased its stake in shares of AppLovin by 28.3% during the second quarter. State Street Corp now owns 15,095,667 shares of the company’s stock valued at $7,777,741,000 after acquiring an additional 3,328,338 shares during the period. Bank of New York Mellon Corp acquired a new stake in AppLovin in the second quarter worth approximately $730,015,000. Fundsmith LLP acquired a new stake in AppLovin in the second quarter worth approximately $358,893,000. The Manufacturers Life Insurance Company lifted its position in AppLovin by 409.6% in the second quarter. The Manufacturers Life Insurance Company now owns 776,097 shares of the company’s stock worth $399,868,000 after purchasing an additional 623,815 shares during the period. Finally, AMF Tjanstepension AB boosted its stake in AppLovin by 843.2% during the 3rd quarter. AMF Tjanstepension AB now owns 433,162 shares of the company’s stock valued at $125,803,000 after purchasing an additional 387,237 shares in the last quarter. Institutional investors and hedge funds own 41.85% of the company’s stock.

Analyst Upgrades and Downgrades

APP has been the topic of several research analyst reports. Oppenheimer lowered their price target on AppLovin from $560.00 to $490.00 and set an “outperform” rating on the stock in a research report on Monday, October 12th. Deutsche Bank Aktiengesellschaft dropped their price objective on AppLovin from $660.00 to $580.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Wedbush cut their price objective on AppLovin from $610.00 to $560.00 and set an “outperform” rating for the company in a report on Wednesday, October 14th. Wells Fargo & Company cut their price objective on AppLovin from $357.00 to $325.00 and set an “equal weight” rating for the company in a report on Wednesday, August 19th. Finally, UBS Group decreased their target price on AppLovin from $798.00 to $790.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, AppLovin has a consensus rating of “Moderate Buy” and an average target price of $507.75.

AppLovin News Summary

Here are the key news stories impacting AppLovin this week:

• Negative Sentiment: Multiple law firms publicized a securities class action against AppLovin and certain executives, with a November 16, 2026 deadline for investors to seek appointment as lead plaintiff. The notices largely repeat the same lawsuit rather than represent separate new cases. Pomerantz class action announcement
• Negative Sentiment: The lawsuit covers investors who acquired APP securities between February 12 and August 5, 2026. It alleges that AppLovin and executives made misleading statements about the consistency and effectiveness of improvements to the company’s AI advertising models, potentially overstating business performance. The allegations have not been proven. Hagens Berman AppLovin class action report
• Negative Sentiment: The case follows a critical analyst report published July 13 and AppLovin’s August 5 second-quarter results, which reportedly caused sharp declines in the stock. One investor notice also alleges that Chief Executive Officer Adam Foroughi and Chief Financial Officer Matthew Stumpf sold more than $109.1 million of APP stock; this is an allegation in the litigation, not an established finding. APP shareholder alert
• Neutral Sentiment: The legal notices do not provide a new operating update or change AppLovin’s reported fundamentals. The company previously reported strong year-over-year revenue growth, but its latest revenue came in slightly below analyst expectations, leaving investors focused on execution, AI-model performance and litigation risk. Kaplan Fox AppLovin class action notice

AppLovin Stock Performance

Shares of APP opened at $260.25 on Monday. The firm’s 50 day moving average is $300.05 and its 200-day moving average is $407.04. The stock has a market capitalization of $87.09 billion, a P/E ratio of 20.00, a P/E/G ratio of 0.54 and a beta of 2.56. The company has a debt-to-equity ratio of 1.11, a current ratio of 4.30 and a quick ratio of 4.30. AppLovin Corporation has a 12-month low of $258.32 and a 12-month high of $738.01.

AppLovin (NASDAQ:APP) last released its earnings results on Wednesday, August 5th. The company reported $3.76 EPS for the quarter, hitting analysts’ consensus estimates of $3.76. AppLovin had a net margin of 64.58% and a return on equity of 193.10%. The business had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same period in the previous year, the firm earned $2.39 EPS. The business’s revenue for the quarter was up 52.8% on a year-over-year basis. Equities research analysts anticipate that AppLovin Corporation will post 15.67 EPS for the current fiscal year.

AppLovin Company Profile

AppLovin Corporation is a technology company that provides software and services designed to help mobile application developers grow, monetize and operate their businesses. Its platform supports user acquisition, advertising, mediation, analytics and other functions across the mobile app ecosystem.

The company’s principal products include AppDiscovery, which helps developers market their applications and acquire users; MAX, an in-app bidding and monetization platform; and its AXON technology, an artificial intelligence-powered engine intended to improve advertising performance and match users with relevant applications and content.