AppLovin Corporation $APP is WT Asset Management Ltd’s 3rd Largest Position

WT Asset Management Ltd boosted its position in shares of AppLovin Corporation (NASDAQ:APP) by 138.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 206,800 shares of the company’s stock after acquiring an additional 120,000 shares during the period. AppLovin accounts for 6.9% of WT Asset Management Ltd’s holdings, making the stock its 3rd biggest position. WT Asset Management Ltd owned 0.06% of AppLovin worth $148,594,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Chilton Capital Management LLC purchased a new stake in AppLovin during the 3rd quarter worth approximately $29,000. Activest Wealth Management grew its holdings in AppLovin by 760.0% during the third quarter. Activest Wealth Management now owns 43 shares of the company’s stock worth $31,000 after acquiring an additional 38 shares during the period. Heartwood Wealth Advisors LLC purchased a new position in AppLovin in the third quarter valued at $33,000. CBIZ Investment Advisory Services LLC grew its holdings in AppLovin by 58.6% in the third quarter. CBIZ Investment Advisory Services LLC now owns 46 shares of the company’s stock valued at $33,000 after purchasing an additional 17 shares during the period. Finally, Bogart Wealth LLC lifted its holdings in AppLovin by 100.0% during the third quarter. Bogart Wealth LLC now owns 48 shares of the company’s stock valued at $34,000 after purchasing an additional 24 shares in the last quarter. 41.85% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Reports that AppLovin plans to build its own social platform are driving optimism that the company can expand monetization beyond ads in games and capture more user engagement. AppLovin plans own social network
• Positive Sentiment: Analysts have expressed bullish reactions following AppLovin’s impressive quarterly results and outlook, supporting the view that operational momentum could sustain revenue and profit growth. Analysts Bullish On AppLovin Corporation
• Neutral Sentiment: Macro and market context is mixed today — investors are awaiting GDP and the Fed’s preferred inflation readouts, which could influence appetite for high‑beta growth names like APP. 5 Things to Know Before the Stock Market Opens
• Neutral Sentiment: Short‑interest reporting from mid‑February looks noisy and internally inconsistent (zero/NaN in the published figures), so it does not provide a clear signal on positioning or squeeze risk at present.
• Negative Sentiment: Despite recent beats and record quarterly results, APP shares fell sharply over the prior month amid concerns about intensifying competition from Meta and CloudX and a weak software market — those doubts remain a headwind. How Low Can AppLovin Stock Go?
• Negative Sentiment: Commentary that the market “punished” AppLovin after its best quarter underscores investor sensitivity to forward growth cues and profitability durability — meaning strong current results haven’t erased skepticism. The Stock Market Punished AppLovin

AppLovin Trading Up 3.6%

Shares of APP stock traded up $14.73 during trading hours on Friday, hitting $426.73. 1,881,523 shares of the company were exchanged, compared to its average volume of 6,764,446. AppLovin Corporation has a 1 year low of $200.50 and a 1 year high of $745.61. The firm has a market cap of $144.21 billion, a PE ratio of 44.28, a PEG ratio of 0.83 and a beta of 2.49. The company has a quick ratio of 3.25, a current ratio of 3.32 and a debt-to-equity ratio of 1.65. The firm has a fifty day moving average of $571.51 and a 200 day moving average of $570.94.

AppLovin (NASDAQ:APP) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $3.24 EPS for the quarter, beating the consensus estimate of $2.89 by $0.35. The firm had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.61 billion. AppLovin had a net margin of 57.42% and a return on equity of 245.64%. AppLovin’s revenue for the quarter was up 66.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.73 earnings per share. Analysts expect that AppLovin Corporation will post 6.87 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on APP shares. Wells Fargo & Company decreased their price target on shares of AppLovin from $735.00 to $543.00 and set an “overweight” rating on the stock in a research note on Thursday, February 12th. Royal Bank Of Canada restated an “outperform” rating and issued a $700.00 price objective on shares of AppLovin in a report on Thursday, February 12th. Citigroup reduced their price objective on shares of AppLovin from $820.00 to $710.00 and set a “buy” rating on the stock in a report on Thursday, February 12th. Evercore reaffirmed a “buy” rating on shares of AppLovin in a report on Friday, January 30th. Finally, Zacks Research cut AppLovin from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 12th. Twenty equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, AppLovin currently has a consensus rating of “Moderate Buy” and a consensus price target of $651.77.

Insider Buying and Selling

In other AppLovin news, insider Victoria Valenzuela sold 7,609 shares of the business’s stock in a transaction on 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 transaction, the insider owned 277,110 shares in the company, valued at $182,097,294.30. The trade was a 2.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Dawson Alyssa Harvey sold 150 shares of the business’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 owned 2,829 shares in the company, valued at approximately $1,961,402.28. This trade represents a 5.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 87,402 shares of company stock valued at $48,611,888 in the last quarter. Company insiders own 13.66% of the company’s stock.

AppLovin 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.