The Manufacturers Life Insurance Company Acquires 623,815 Shares of AppLovin Corporation $APP

The Manufacturers Life Insurance Company raised its holdings in AppLovin Corporation (NASDAQ:APP) by 409.6% in the 2nd quarter, Holdings Channel.com reports. The firm owned 776,097 shares of the company’s stock after acquiring an additional 623,815 shares during the period. The Manufacturers Life Insurance Company’s holdings in AppLovin were worth $399,868,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of APP. California State Teachers Retirement System lifted its stake in shares of AppLovin by 50,874.8% during the 2nd quarter. California State Teachers Retirement System now owns 178,017,633 shares of the company’s stock valued at $91,720,025,000 after buying an additional 177,668,406 shares in the last quarter. State Street Corp raised its holdings in AppLovin by 0.4% during the 4th quarter. State Street Corp now owns 11,904,843 shares of the company’s stock valued at $8,021,721,000 after acquiring an additional 52,377 shares during the period. Geode Capital Management LLC raised its holdings in AppLovin by 6.7% during the 4th quarter. Geode Capital Management LLC now owns 7,167,003 shares of the company’s stock valued at $4,817,269,000 after acquiring an additional 448,005 shares during the period. Price T Rowe Associates Inc. MD lifted its position in shares of AppLovin by 3.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 6,089,735 shares of the company’s stock worth $4,103,386,000 after acquiring an additional 212,349 shares in the last quarter. Finally, Morgan Stanley lifted its position in shares of AppLovin by 10.7% during the fourth quarter. Morgan Stanley now owns 5,561,646 shares of the company’s stock worth $3,747,551,000 after acquiring an additional 538,806 shares in the last quarter. Institutional investors own 41.85% of the company’s stock.

Insider Transactions at AppLovin

In related news, Director Maynard G. Webb, Jr. sold 3,076 shares of the firm’s stock in a transaction that occurred on 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 sale, the director directly owned 120,444 shares of the company’s stock, valued at $62,786,252.76. This trade represents a 2.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Eduardo Vivas sold 163,910 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $504.06, for a total transaction of $82,620,474.60. Following the completion of the transaction, the director directly owned 6,785,087 shares of the company’s stock, valued at approximately $3,420,090,953.22. This represents a 2.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 12.81% of the company’s stock.

AppLovin Trading Up 3.1%

Shares of APP stock opened at $314.49 on Friday. The company has a market capitalization of $105.24 billion, a PE ratio of 24.17, a price-to-earnings-growth ratio of 0.64 and a beta of 2.49. AppLovin Corporation has a 52-week low of $297.50 and a 52-week high of $745.61. The business’s fifty day moving average is $377.52 and its 200 day moving average is $438.09. The company has a debt-to-equity ratio of 1.11, a quick ratio of 4.30 and a current ratio of 4.30.

AppLovin (NASDAQ:APP) last posted its earnings results on Tuesday, August 4th. The company reported $3.76 EPS for the quarter, hitting the consensus estimate of $3.76. The business had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.94 billion. AppLovin had a return on equity of 193.10% and a net margin of 64.58%.The firm’s revenue was up 52.8% on a year-over-year basis. During the same period in the previous year, the business earned $2.39 earnings per share. On average, equities research analysts anticipate that AppLovin Corporation will post 15.53 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. KeyCorp set a $775.00 price target on AppLovin in a research report on Wednesday, June 10th. Royal Bank Of Canada cut their target price on AppLovin from $700.00 to $575.00 and set an “outperform” rating for the company in a research note on Thursday, August 6th. Wells Fargo & Company reduced their target price on AppLovin from $357.00 to $325.00 and set an “equal weight” rating for the company in a report on Wednesday, August 19th. Bank of America reiterated a “neutral” rating and set a $400.00 price target (down from $430.00) on shares of AppLovin in a research report on Tuesday, August 11th. Finally, Evercore reissued an “outperform” rating and issued a $510.00 price target on shares of AppLovin in a report on Tuesday, September 1st. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $538.09.

AppLovin News Roundup

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

AppLovin Company Profile

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.