Yousif Capital Management LLC raised its stake in shares of AppLovin Corporation (NASDAQ:APP – Free Report) by 27.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,359 shares of the company’s stock after acquiring an additional 6,733 shares during the quarter. Yousif Capital Management LLC’s holdings in AppLovin were worth $9,108,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in APP. Signature Estate & Investment Advisors LLC raised its stake in shares of AppLovin by 3,695.3% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 76,361 shares of the company’s stock worth $39,345,000 after acquiring an additional 74,349 shares in the last quarter. Insight Wealth Strategies LLC acquired a new position in shares of AppLovin during the second quarter worth $6,939,000. Generate Investment Management Ltd acquired a new stake in AppLovin in the 2nd quarter worth approximately $7,226,000. Saudi Central Bank grew its position in AppLovin by 88.7% during the 2nd quarter. Saudi Central Bank now owns 16,070 shares of the company’s stock worth $8,280,000 after purchasing an additional 7,555 shares during the last quarter. Finally, Nykredit A S purchased a new stake in AppLovin during the 2nd quarter worth approximately $41,902,000. 41.85% of the stock is currently owned by hedge funds and other institutional investors.
AppLovin Trading Down 1.5%
Shares of AppLovin stock opened at $260.25 on Friday. The firm has a 50-day simple moving average of $300.05 and a two-hundred day simple moving average of $407.08. 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 Corporation has a fifty-two week low of $258.32 and a fifty-two week high of $738.01. The company has a market cap of $87.09 billion, a P/E ratio of 20.00, a price-to-earnings-growth ratio of 0.54 and a beta of 2.56.
AppLovin (NASDAQ:APP – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $3.76 EPS for the quarter, meeting analysts’ consensus estimates of $3.76. The firm had revenue of $1.92 billion for 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 company’s quarterly revenue was up 52.8% on a year-over-year basis. During the same period last year, the firm earned $2.39 EPS. As a group, equities analysts predict that AppLovin Corporation will post 15.67 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on APP shares. Oppenheimer reduced their price objective on AppLovin from $560.00 to $490.00 and set an “outperform” rating for the company in a research note on Monday, October 12th. The Goldman Sachs Group cut their price target on AppLovin from $465.00 to $400.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 14th. Citigroup reduced their price target on AppLovin from $600.00 to $500.00 and set a “buy” rating for the company in a research report on Monday, October 19th. Evercore reissued an “outperform” rating and issued a $510.00 price target (down from $630.00) on shares of AppLovin in a report on Tuesday, September 1st. Finally, Wells Fargo & Company lowered their price objective on AppLovin from $357.00 to $325.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 19th. Three analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $507.75.
Get Our Latest Analysis on APP
AppLovin News Summary
Here are the key news stories impacting AppLovin this week:
- Negative Sentiment: Multiple law firms publicized a securities class action against AppLovin and certain executives, with a November 16, 2026 deadline for investors to seek appointment as lead plaintiff. The notices largely repeat the same lawsuit rather than represent separate new cases. Pomerantz class action announcement
- Negative Sentiment: The lawsuit covers investors who acquired APP securities between February 12 and August 5, 2026. It alleges that AppLovin and executives made misleading statements about the consistency and effectiveness of improvements to the company’s AI advertising models, potentially overstating business performance. The allegations have not been proven. Hagens Berman AppLovin class action report
- Negative Sentiment: The case follows a critical analyst report published July 13 and AppLovin’s August 5 second-quarter results, which reportedly caused sharp declines in the stock. One investor notice also alleges that Chief Executive Officer Adam Foroughi and Chief Financial Officer Matthew Stumpf sold more than $109.1 million of APP stock; this is an allegation in the litigation, not an established finding. APP shareholder alert
- Neutral Sentiment: The legal notices do not provide a new operating update or change AppLovin’s reported fundamentals. The company previously reported strong year-over-year revenue growth, but its latest revenue came in slightly below analyst expectations, leaving investors focused on execution, AI-model performance and litigation risk. Kaplan Fox AppLovin class action notice
AppLovin Profile
AppLovin Corporation is a technology company that provides software and services designed to help mobile application developers grow, monetize and operate their businesses. Its platform supports user acquisition, advertising, mediation, analytics and other functions across the mobile app ecosystem.
The company’s principal products include AppDiscovery, which helps developers market their applications and acquire users; MAX, an in-app bidding and monetization platform; and its AXON technology, an artificial intelligence-powered engine intended to improve advertising performance and match users with relevant applications and content.
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