NewEdge Advisors LLC Sells 1,465 Shares of AppLovin Corporation $APP

NewEdge Advisors LLC decreased its position in shares of AppLovin Corporation (NASDAQ:APP) by 5.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,167 shares of the company’s stock after selling 1,465 shares during the period. NewEdge Advisors LLC’s holdings in AppLovin were worth $10,812,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Cassaday & Co Wealth Management LLC bought a new position in shares of AppLovin during the 1st quarter valued at about $25,000. Washington Trust Advisors Inc. lifted its position in AppLovin by 160.0% in the 4th quarter. Washington Trust Advisors Inc. now owns 39 shares of the company’s stock worth $27,000 after buying an additional 24 shares during the last quarter. Mcguire Capital Advisors Inc. purchased a new stake in AppLovin in the fourth quarter worth approximately $27,000. Laurel Wealth Advisors LLC purchased a new stake in AppLovin in the fourth quarter worth approximately $32,000. Finally, First Pacific Financial purchased a new stake in AppLovin in the first quarter worth approximately $33,000. Institutional investors own 41.85% of the company’s stock.

AppLovin News Roundup

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

Analyst Ratings Changes

APP has been the topic of several research reports. JPMorgan Chase & Co. lifted their price target on shares of AppLovin from $500.00 to $515.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. KeyCorp set a $775.00 price objective on shares of AppLovin in a research note on Wednesday, June 10th. Scotiabank reaffirmed a “sector outperform” rating and set a $515.00 target price on shares of AppLovin in a report on Thursday. Raymond James Financial initiated coverage on shares of AppLovin in a research report on Monday, June 29th. They issued a “strong-buy” rating and a $640.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $660.00 price target on shares of AppLovin in a research note on Thursday, May 7th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $574.82.

AppLovin Stock Performance

Shares of APP stock opened at $346.80 on Monday. The company has a market capitalization of $116.50 billion, a P/E ratio of 26.66, a PEG ratio of 0.64 and a beta of 2.54. AppLovin Corporation has a fifty-two week low of $332.19 and a fifty-two week high of $745.61. The company has a debt-to-equity ratio of 1.11, a quick ratio of 4.30 and a current ratio of 4.30. The stock has a 50 day moving average price of $474.18 and a two-hundred day moving average price of $463.18.

AppLovin (NASDAQ:APP) last issued its earnings results on Tuesday, August 4th. The company reported $3.76 earnings per share (EPS) for the quarter, hitting the consensus estimate 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 for the quarter, compared to analysts’ expectations of $1.94 billion. During the same quarter last year, the business earned $2.39 earnings per share. The business’s revenue was up 52.8% on a year-over-year basis. Analysts expect that AppLovin Corporation will post 15.56 earnings per share for the current year.

Insiders Place Their Bets

In other AppLovin news, Director Maynard G. Webb, Jr. sold 3,076 shares of the business’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $521.29, for a total value of $1,603,488.04. Following the transaction, the director owned 120,444 shares in the company, valued at approximately $62,786,252.76. The trade was a 2.49% 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, 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 transaction, the director directly owned 6,785,087 shares of the company’s stock, valued at approximately $3,420,090,953.22. This trade represents a 2.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 393,000 shares of company stock worth $197,297,363. 12.81% of the stock is currently owned by insiders.

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.