D Orazio & Associates Inc. Trims Stock Holdings in AppLovin Corporation $APP

D Orazio & Associates Inc. cut its holdings in shares of AppLovin Corporation (NASDAQ:APP) by 8.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,554 shares of the company’s stock after selling 138 shares during the period. D Orazio & Associates Inc.’s holdings in AppLovin were worth $544,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. ABN Amro Investment Solutions acquired a new stake in AppLovin during the 2nd quarter worth $2,404,000. Candriam S.C.A. raised its holdings in shares of AppLovin by 135.5% in the second quarter. Candriam S.C.A. now owns 31,732 shares of the company’s stock valued at $11,109,000 after buying an additional 18,258 shares during the last quarter. Calamos Advisors LLC boosted its stake in shares of AppLovin by 15.6% during the second quarter. Calamos Advisors LLC now owns 11,793 shares of the company’s stock worth $4,128,000 after buying an additional 1,590 shares during the period. Bailard Inc. grew its holdings in shares of AppLovin by 1,579.6% during the second quarter. Bailard Inc. now owns 12,731 shares of the company’s stock worth $4,457,000 after buying an additional 11,973 shares during the last quarter. Finally, Central Asset Investments & Management Holdings HK Ltd purchased a new position in shares of AppLovin during the second quarter worth about $497,000. 41.85% of the stock is owned by institutional investors and hedge funds.

AppLovin Trading Down 1.7%

Shares of APP stock opened at $584.86 on Thursday. The business’s fifty day moving average price is $612.54 and its 200 day moving average price is $459.12. The firm has a market capitalization of $197.83 billion, a PE ratio of 70.98, a P/E/G ratio of 3.19 and a beta of 2.50. The company has a debt-to-equity ratio of 2.38, a current ratio of 3.25 and a quick ratio of 3.25. AppLovin Corporation has a 1-year low of $200.50 and a 1-year high of $745.61.

AppLovin (NASDAQ:APP) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $2.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.34 by $0.11. AppLovin had a net margin of 51.27% and a return on equity of 258.49%. The business had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter last year, the firm posted $1.29 EPS. The business’s revenue was up 68.2% compared to the same quarter last year. AppLovin has set its Q4 2025 guidance at EPS. As a group, sell-side analysts forecast that AppLovin Corporation will post 6.87 EPS for the current fiscal year.

Analyst Ratings Changes

APP has been the subject of several analyst reports. Wedbush upped their price objective on AppLovin from $745.00 to $800.00 and gave the company an “outperform” rating in a research note on Thursday, November 6th. Morgan Stanley boosted their target price on AppLovin from $480.00 to $750.00 and gave the company an “overweight” rating in a report on Monday, September 29th. Needham & Company LLC reaffirmed a “hold” rating on shares of AppLovin in a report on Tuesday, August 26th. BTIG Research lifted their price objective on shares of AppLovin from $693.00 to $705.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Finally, Phillip Securities raised shares of AppLovin to a “moderate buy” rating in a research note on Monday, September 29th. Twenty-one 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. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $658.27.

Insider Activity at AppLovin

In other news, CEO Arash Adam Foroughi sold 90,000 shares of AppLovin stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $421.04, for a total transaction of $37,893,600.00. Following the completion of the sale, the chief executive officer directly owned 2,620,054 shares in the company, valued at approximately $1,103,147,536.16. This trade represents a 3.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Herald Y. Chen sold 50,000 shares of the business’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $436.61, for a total value of $21,830,500.00. Following the sale, the director directly owned 181,929 shares in the company, valued at $79,432,020.69. This trade represents a 21.56% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 434,138 shares of company stock valued at $188,888,598. 13.66% of the stock is currently owned by corporate insiders.

AppLovin Profile

AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally. It operates through two segments, Software Platform and Apps. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; MAX, an in-app bidding software that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform that provides marketers with the visibility, insights, and tools needed to grow their apps from early stage to maturity; and Wurl, a connected TV platform, which distributes streaming video for content companies and provides advertising and publishing solutions through its AdPool, ContentDiscovery, and Global FAST Pass products.