SVB Wealth LLC Cuts Stake in AppLovin Corporation $APP

SVB Wealth LLC reduced its position in shares of AppLovin Corporation (NASDAQ:APP) by 71.5% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,198 shares of the company’s stock after selling 3,006 shares during the quarter. SVB Wealth LLC’s holdings in AppLovin were worth $617,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of APP. Revolve Wealth Partners LLC bought a new stake in shares of AppLovin during the fourth quarter valued at approximately $294,000. Bison Wealth LLC purchased a new stake in AppLovin during the 4th quarter valued at $239,000. Integrated Wealth Concepts LLC boosted its stake in AppLovin by 58.0% during the 1st quarter. Integrated Wealth Concepts LLC now owns 1,692 shares of the company’s stock valued at $448,000 after purchasing an additional 621 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of AppLovin by 5.7% in the 2nd quarter. NewEdge Advisors LLC now owns 14,523 shares of the company’s stock worth $5,084,000 after purchasing an additional 782 shares in the last quarter. Finally, Treasurer of the State of North Carolina increased its holdings in shares of AppLovin by 7.2% in the 2nd quarter. Treasurer of the State of North Carolina now owns 139,189 shares of the company’s stock worth $48,727,000 after purchasing an additional 9,380 shares in the last quarter. 41.85% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Eduardo Vivas sold 163,910 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $504.06, for a total transaction of $82,620,474.60. Following the completion of the sale, the director owned 6,785,087 shares of the company’s stock, valued at $3,420,090,953.22. This represents a 2.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Maynard G. Webb, Jr. sold 3,076 shares of the stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $521.29, for a total transaction of $1,603,488.04. Following the completion of the transaction, the director owned 120,444 shares in the company, valued at $62,786,252.76. This trade represents a 2.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 12.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on APP shares. Benchmark lowered their price target on AppLovin from $500.00 to $440.00 and set a “buy” rating on the stock in a report on Monday, August 17th. Scotiabank reiterated a “sector outperform” rating and issued a $515.00 price objective on shares of AppLovin in a report on Thursday, August 6th. Citigroup decreased their target price on AppLovin from $710.00 to $650.00 and set a “buy” rating for the company in a research report on Friday, August 7th. Piper Sandler lowered their target price on shares of AppLovin from $385.00 to $325.00 and set a “neutral” rating on the stock in a research note on Friday, August 21st. Finally, Bank of America reaffirmed a “neutral” rating and set a $400.00 price target (down from $430.00) on shares of AppLovin in a report on Tuesday, August 11th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $538.09.

AppLovin Price Performance

NASDAQ APP opened at $314.49 on Friday. The stock has a market capitalization of $105.24 billion, a price-to-earnings ratio of 24.17, a PEG ratio of 0.64 and a beta of 2.49. AppLovin Corporation has a 1-year low of $297.50 and a 1-year high of $745.61. The company has a debt-to-equity ratio of 1.11, a current ratio of 4.30 and a quick ratio of 4.30. The business’s fifty day moving average price is $377.52 and its 200-day moving average price is $438.09.

AppLovin (NASDAQ:APP) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $3.76 EPS for the quarter, hitting the consensus estimate of $3.76. The company had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.94 billion. AppLovin had a return on equity of 193.10% and a net margin of 64.58%.AppLovin’s revenue was up 52.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.39 earnings per share. On average, equities analysts predict that AppLovin Corporation will post 15.53 earnings per share for the current year.

AppLovin News Summary

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin’s shares rallied alongside parts of the ad-tech sector, with investors focusing on second-quarter revenue growth of roughly 53% year over year and expectations for an AI-advertising rebound. AppLovin Corp stock rises 4 percent as Q2 2026 growth and AI ad-tech rebound draw buyers
• Positive Sentiment: The company’s operating fundamentals remain highly profitable: trailing-12-month operating margin widened to 77.4% from 69.6% a year earlier. Its proprietary AI tools and scaled software platform also support industry-leading net margins, a potential advantage over other technology and advertising companies. Should You Buy AppLovin Stock For Its Widening Margin? AppLovin vs. Reddit: Which Technology Stock Is a Better Buy in 2026?
• Neutral Sentiment: Reported short-interest data showed zero shares and zero days to cover, but the figures appear inconsistent and provide little actionable insight for investors. Short interest report
• Negative Sentiment: Despite rapid revenue growth, AppLovin has fallen sharply since December because growth has decelerated for several quarters and improvements from its models have arrived unevenly, making future expansion difficult for the market to price. Why Is AppLovin Stock Trading Near Its Low While Revenue Keeps Growing?
• Negative Sentiment: Analyst caution remains a headwind, with reports highlighting a downgrade and a pessimistic price forecast. AppLovin stock price down after analyst downgrade BTIG Research Issues Pessimistic Forecast for AppLovin

About AppLovin

AppLovin Corporation (NASDAQ: APP) is a technology company that provides software and services designed to help mobile application developers grow their businesses. Its platform supports user acquisition, advertising, monetization, measurement and other functions that enable developers to attract users and generate revenue from their applications.

AppLovin’s offerings include AXON, an artificial-intelligence-powered software engine used to optimize advertising and user-acquisition campaigns; MAX, a platform for managing in-app advertising and mediation; and AppDiscovery, which helps developers promote their applications.