Northwestern Mutual Wealth Management Co. Buys 14,121 Shares of AppLovin Corporation $APP

Northwestern Mutual Wealth Management Co. lifted its stake in shares of AppLovin Corporation (NASDAQ:APP) by 117.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 26,177 shares of the company’s stock after acquiring an additional 14,121 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in AppLovin were worth $17,638,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Moors & Cabot Inc. lifted its holdings in shares of AppLovin by 14.8% during the 4th quarter. Moors & Cabot Inc. now owns 341 shares of the company’s stock worth $230,000 after acquiring an additional 44 shares during the last quarter. Intech Investment Management LLC lifted its holdings in shares of AppLovin by 28.0% during the 4th quarter. Intech Investment Management LLC now owns 38,966 shares of the company’s stock worth $26,256,000 after acquiring an additional 8,514 shares during the last quarter. Foundations Investment Advisors LLC raised its position in AppLovin by 13.8% in the 4th quarter. Foundations Investment Advisors LLC now owns 9,098 shares of the company’s stock worth $6,130,000 after purchasing an additional 1,103 shares during the period. Thoroughbred Financial Services LLC raised its position in AppLovin by 1.5% in the 4th quarter. Thoroughbred Financial Services LLC now owns 28,544 shares of the company’s stock worth $19,234,000 after purchasing an additional 418 shares during the period. Finally, Huntington National Bank lifted its stake in AppLovin by 88.6% in the fourth quarter. Huntington National Bank now owns 1,367 shares of the company’s stock worth $921,000 after purchasing an additional 642 shares during the last quarter. 41.85% of the stock is owned by institutional investors.

Key Headlines Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Needham reaffirmed its Buy rating and lifted its price target to $700, reinforcing the view that AppLovin still has room to run. Needham Reaffirms Buy Rating on AppLovin
• Positive Sentiment: Deutsche Bank also raised its price target to $660 while maintaining a Buy rating, adding to the bullish analyst backdrop. Why Wall Street Still Sees More Upside In AppLovin
• Positive Sentiment: Zacks said AppLovin’s AI-powered ad platform is driving record revenue momentum as demand expands across digital advertising and e-commerce, suggesting the company’s growth story remains intact. AppLovin’s Revenue Momentum Reflects AI-Driven Advertising Demand
• Positive Sentiment: Multiple reports noted the stock moved higher after positive analyst commentary tied to strong recent financial results and the upcoming AI advertising platform rollout. Why AppLovin (APP) Stock Is Trading Up Today
• Neutral Sentiment: A Zacks roundup also grouped AppLovin with other growth names, but the mention was largely a general analyst note rather than a new company-specific catalyst. Zacks Analyst Blog Highlights Citigroup, TotalEnergies, AppLovin
• Neutral Sentiment: One analysis compared AppLovin with Coherent and argued COHR has an edge due to valuation and AI infrastructure demand, but this appears more like relative commentary than a direct fundamental setback for APP. Coherent vs. AppLovin: Which AI Growth Stock Is Better Positioned?
• Negative Sentiment: Recent insider selling by CTO Vasily Shikin may temper sentiment somewhat, though the sales were small relative to his remaining holdings and are outweighed by the bullish analyst-driven narrative. AppLovin CTO Insider Sales

Insider Activity

In other AppLovin news, Director Eduardo Vivas sold 163,910 shares of the business’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $453.49, for a total value of $74,331,545.90. Following the transaction, the director owned 6,969,382 shares in the company, valued at approximately $3,160,545,043.18. The trade was a 2.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Arash Adam Foroughi sold 50,000 shares of the business’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 completion of the transaction, the chief executive officer owned 2,480,414 shares in the company, valued at $1,155,972,140.56. The trade was a 1.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 464,016 shares of company stock worth $218,477,985 over the last ninety days. 13.66% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on APP shares. Scotiabank boosted their price target on shares of AppLovin from $750.00 to $775.00 and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Citigroup lowered their target price on AppLovin from $820.00 to $710.00 and set a “buy” rating for the company in a research note on Thursday, February 12th. Argus started coverage on AppLovin in a report on Tuesday, April 14th. They set a “buy” rating and a $520.00 target price for the company. Oppenheimer dropped their target price on AppLovin from $740.00 to $660.00 and set an “outperform” rating for the company in a report on Thursday, March 5th. Finally, Morgan Stanley restated an “overweight” rating on shares of AppLovin in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, AppLovin presently has an average rating of “Moderate Buy” and a consensus target price of $664.35.

AppLovin Price Performance

APP stock opened at $613.09 on Monday. The firm’s 50-day moving average price is $456.58 and its two-hundred day moving average price is $520.78. AppLovin Corporation has a 12-month low of $320.00 and a 12-month high of $745.61. The stock has a market capitalization of $205.96 billion, a price-to-earnings ratio of 52.67, a PEG ratio of 1.00 and a beta of 2.45. The company has a current ratio of 3.24, a quick ratio of 3.24 and a debt-to-equity ratio of 1.49.

AppLovin (NASDAQ:APP) last released its quarterly earnings data on Wednesday, May 6th. The company reported $3.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.44 by $0.12. AppLovin had a net margin of 64.29% and a return on equity of 219.37%. The firm had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.77 billion. During the same quarter in the previous year, the company earned $1.67 earnings per share. The company’s revenue for the quarter was up 58.9% compared to the same quarter last year. As a group, equities analysts predict that AppLovin Corporation will post 15.86 earnings per share for the current year.

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.