Worth Asset Management LLC Invests $1.14 Million in AppLovin Corporation $APP

Worth Asset Management LLC acquired a new position in shares of AppLovin Corporation (NASDAQ:APP) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,207 shares of the company’s stock, valued at approximately $1,137,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cassaday & Co Wealth Management LLC acquired a new position in AppLovin during the 1st quarter worth about $25,000. Washington Trust Advisors Inc. increased its stake in AppLovin by 160.0% during the fourth quarter. Washington Trust Advisors Inc. now owns 39 shares of the company’s stock worth $27,000 after purchasing an additional 24 shares during the period. Mcguire Capital Advisors Inc. acquired a new stake in shares of AppLovin during the fourth quarter worth about $27,000. Laurel Wealth Advisors LLC purchased a new position in shares of AppLovin in the fourth quarter valued at approximately $32,000. Finally, First Pacific Financial purchased a new position in shares of AppLovin in the first quarter valued at approximately $33,000. 41.85% of the stock is currently owned by hedge funds and other institutional investors.

AppLovin Price Performance

AppLovin stock opened at $346.80 on Friday. The stock has a market cap of $116.50 billion, a P/E ratio of 26.66, a price-to-earnings-growth ratio of 0.55 and a beta of 2.54. The company has a fifty day simple moving average of $474.18 and a 200-day simple moving average of $463.92. AppLovin Corporation has a 12-month low of $332.19 and a 12-month high of $745.61. The company has a current ratio of 4.30, a quick ratio of 3.24 and a debt-to-equity ratio of 1.11.

AppLovin (NASDAQ:APP) last issued its earnings results on Tuesday, August 4th. 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 firm had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter in the previous year, the firm posted $2.39 earnings per share. The company’s revenue was up 52.8% compared to the same quarter last year. Equities analysts expect that AppLovin Corporation will post 15.87 EPS for the current fiscal year.

Insider Buying and Selling at AppLovin

In related news, CEO Arash Adam Foroughi sold 33,042 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $486.95, for a total transaction of $16,089,801.90. Following the completion of the sale, the chief executive officer owned 2,369,351 shares in the company, valued at $1,153,755,469.45. The trade was a 1.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Victoria Valenzuela sold 20,000 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $565.89, for a total value of $11,317,800.00. Following the completion of the transaction, the insider directly owned 243,961 shares of the company’s stock, valued at $138,055,090.29. This trade represents a 7.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 393,000 shares of company stock worth $197,297,363. Corporate insiders own 12.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on APP. Scotiabank restated a “sector outperform” rating and issued a $515.00 price objective on shares of AppLovin in a report on Thursday. Weiss Ratings upgraded shares of AppLovin from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday. Wedbush decreased their price target on shares of AppLovin from $640.00 to $610.00 and set an “outperform” rating for the company in a research report on Thursday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $660.00 price target on shares of AppLovin in a research note on Thursday, May 7th. Finally, Royal Bank Of Canada cut their price objective on AppLovin from $700.00 to $575.00 and set an “outperform” rating on the stock in a research report on Thursday. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $574.82.

Key Stories Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin reported second-quarter revenue of $1.92 billion, up 52.8% year over year, while earnings of $3.76 per share were in line with consensus. Strong consumer-vertical momentum and a robust third-quarter outlook support the company’s growth narrative. AppLovin Q2 2026 earnings call highlights
• Positive Sentiment: Management said recent AI model improvements were affected by timing, while live gains and broader consumer adoption could drive stronger growth in the third quarter. The expansion of AXON Ads into self-serve advertising and new verticals such as fintech and connected TV could increase AppLovin’s addressable market. APP Q2 earnings call highlights
• Positive Sentiment: Citigroup lowered its price target from $710 to $650 but maintained a “buy” rating. Morgan Stanley also kept an “overweight” rating with a $650 target, indicating analysts still see substantial upside after the selloff.
• Positive Sentiment: AppLovin’s chief financial officer said the SEC investigation involving the company has been closed, removing a potentially significant regulatory overhang. SEC probe closure report

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.