Stevens Capital Management LP Has $203,000 Position in AppLovin Corporation $APP

Stevens Capital Management LP lowered its position in AppLovin Corporation (NASDAQ:APP) by 92.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 302 shares of the company’s stock after selling 3,685 shares during the quarter. Stevens Capital Management LP’s holdings in AppLovin were worth $203,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in APP. Vanguard Group Inc. lifted its stake in AppLovin by 39.4% in the third quarter. Vanguard Group Inc. now owns 24,954,458 shares of the company’s stock valued at $17,930,776,000 after acquiring an additional 7,051,663 shares during the last quarter. State Street Corp lifted its stake in AppLovin by 111.1% in the third quarter. State Street Corp now owns 11,852,466 shares of the company’s stock valued at $8,516,471,000 after acquiring an additional 6,237,051 shares during the last quarter. Rakuten Investment Management Inc. acquired a new stake in AppLovin in the third quarter valued at $1,456,108,000. Jennison Associates LLC lifted its stake in AppLovin by 55.2% in the third quarter. Jennison Associates LLC now owns 3,886,150 shares of the company’s stock valued at $2,792,355,000 after acquiring an additional 1,381,970 shares during the last quarter. Finally, Capital Research Global Investors acquired a new stake in AppLovin in the third quarter valued at $743,899,000. Institutional investors and hedge funds own 41.85% of the company’s stock.

Key AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Better-than-expected Q1 results — AppLovin beat top- and bottom-line estimates, delivered strong margin and net-income growth, and reported $1.84B revenue and $3.56 adjusted EPS, showing robust demand for its ad platform. AppLovin Beats Quarterly Revenue Expectations
• Positive Sentiment: Outlook nudged above Street expectations — management’s Q2 revenue midpoint (~$1.93B) sits modestly above analyst estimates, giving revenue guidance support to the beat. AppLovin (NASDAQ:APP) Surprises With Strong Q1 CY2026
• Positive Sentiment: Analyst tone improving — AppLovin received an upgrade to Zacks Rank #2 (Buy) ahead/around results, which can support demand from momentum and quant buyers. AppLovin (APP) Upgraded to Buy
• Neutral Sentiment: Ownership / governance note — a recent profile highlights that the founding/insider family now controls a larger stake than a prior private-equity suitor (KKR); this speaks to concentrated insider ownership but has mixed implications for liquidity and strategic optionality. This Investor Was Pushed Out Of A $1.4 Billion Deal
• Negative Sentiment: Short-term volatility / profit-taking — the stock initially jumped on the beat but reversed afterward, suggesting traders pared gains and near-term momentum cooled. Expect elevated intraday swings. AppLovin Stock Jumps, Then Reverses, Following Q1 Results
• Negative Sentiment: Valuation and risk considerations — despite strong earnings growth, APP’s high valuation and beta make it sensitive to rate/AI sentiment and profit-taking; some pre-earnings commentary flagged mixed technicals and rich multiples. AppLovin Stock Before Q1 Earnings: To Buy or Not to Buy?

Insider Buying and Selling

In related news, CEO Arash Adam Foroughi sold 50,000 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $466.04, for a total transaction of $23,302,000.00. Following the transaction, the chief executive officer directly owned 2,480,414 shares of the company’s stock, valued at approximately $1,155,972,140.56. This trade represents a 1.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Eduardo Vivas sold 163,910 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $453.49, for a total transaction of $74,331,545.90. Following the transaction, the director directly owned 6,969,382 shares in the company, valued at approximately $3,160,545,043.18. This represents a 2.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 365,244 shares of company stock valued at $169,584,607. 13.66% of the stock is owned by company insiders.

AppLovin Price Performance

Shares of APP opened at $468.83 on Thursday. The firm has a market capitalization of $158.13 billion, a PE ratio of 48.09, a PEG ratio of 0.83 and a beta of 2.37. The company’s 50-day moving average is $440.72 and its 200-day moving average is $533.67. AppLovin Corporation has a fifty-two week low of $292.87 and a fifty-two week high of $745.61. The company has a debt-to-equity ratio of 1.65, a current ratio of 3.32 and a quick ratio of 3.32.

AppLovin (NASDAQ:APP) last released its quarterly earnings results on Wednesday, May 6th. The company reported $3.56 EPS for the quarter, topping analysts’ consensus estimates of $3.44 by $0.12. AppLovin had a net margin of 57.42% and a return on equity of 245.64%. The business had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.77 billion. During the same period last year, the firm earned $1.67 earnings per share. AppLovin’s revenue for the quarter was up 58.9% compared to the same quarter last year. Equities analysts forecast that AppLovin Corporation will post 15.72 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on APP shares. Wells Fargo & Company increased their price objective on shares of AppLovin from $543.00 to $560.00 and gave the company an “overweight” rating in a research report on Monday, April 6th. Evercore reissued a “buy” rating on shares of AppLovin in a research report on Friday, January 30th. Morgan Stanley set a $720.00 price objective on shares of AppLovin in a research report on Thursday, February 12th. Scotiabank increased their price objective on shares of AppLovin from $750.00 to $775.00 and gave the company an “outperform” rating in a research report on Thursday, February 12th. Finally, The Goldman Sachs Group dropped their price objective on shares of AppLovin from $710.00 to $585.00 and set a “neutral” rating on the stock in a research report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $672.05.

AppLovin Company 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.