Mangrove Partners IM LLC Invests $1.22 Million in AppLovin Corporation $APP

Mangrove Partners IM LLC acquired a new position in shares of AppLovin Corporation (NASDAQ:APP) during the 4th quarter, Holdings Channel reports. The fund acquired 1,817 shares of the company’s stock, valued at approximately $1,224,000.

Several other hedge funds have also made changes to their positions in the business. Graham Capital Management L.P. acquired a new stake in shares of AppLovin during the fourth quarter worth $2,021,000. Howe & Rusling Inc. boosted its holdings in AppLovin by 15.8% in the fourth quarter. Howe & Rusling Inc. now owns 550 shares of the company’s stock valued at $371,000 after acquiring an additional 75 shares during the last quarter. Polar Capital Holdings Plc boosted its holdings in AppLovin by 13.3% in the fourth quarter. Polar Capital Holdings Plc now owns 241,533 shares of the company’s stock valued at $162,750,000 after acquiring an additional 28,416 shares during the last quarter. Oddo BHF Asset Management Sas boosted its holdings in AppLovin by 57.6% in the fourth quarter. Oddo BHF Asset Management Sas now owns 8,081 shares of the company’s stock valued at $5,445,000 after acquiring an additional 2,954 shares during the last quarter. Finally, 71 West Capital Partners acquired a new position in AppLovin in the fourth quarter valued at $584,000. Institutional investors and hedge funds own 41.85% of the company’s stock.

Insider Buying and Selling

In other AppLovin news, insider Victoria Valenzuela sold 20,000 shares of the business’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $565.89, for a total transaction of $11,317,800.00. Following the transaction, the insider owned 243,961 shares in the company, valued at $138,055,090.29. The trade was a 7.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Vasily Shikin sold 62,804 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $484.42, for a total value of $30,423,513.68. Following the transaction, the chief technology officer owned 3,189,739 shares in the company, valued at approximately $1,545,173,366.38. This represents a 1.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 226,014 shares of company stock worth $113,073,400. Company insiders own 13.66% of the company’s stock.

Analysts Set New Price Targets

APP has been the topic of a number of research analyst reports. Oppenheimer reduced their target price on AppLovin from $740.00 to $660.00 and set an “outperform” rating on the stock in a report on Thursday, March 5th. Morgan Stanley reiterated an “overweight” rating on shares of AppLovin in a report on Wednesday, May 27th. Wedbush reiterated an “outperform” rating and issued a $640.00 target price on shares of AppLovin in a report on Thursday, May 7th. KeyCorp set a $775.00 target price on AppLovin in a report on Wednesday, June 10th. Finally, Citigroup reiterated a “buy” rating and issued a $710.00 target price on shares of AppLovin in a report on Monday, June 1st. One investment 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $669.62.

AppLovin Trading Down 1.1%

Shares of APP opened at $515.20 on Wednesday. The stock’s 50-day moving average is $488.14 and its two-hundred day moving average is $519.82. The stock has a market cap of $173.08 billion, a PE ratio of 44.26, a P/E/G ratio of 0.85 and a beta of 2.45. AppLovin Corporation has a 12 month low of $320.00 and a 12 month high of $745.61. The company has a debt-to-equity ratio of 1.49, a current ratio of 3.24 and a quick ratio of 3.24.

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

Key Headlines Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin was featured as a top long-term growth stock by Zacks, which can boost investor confidence by pointing to strong style-score and growth-screening characteristics. Why AppLovin (APP) is a Top Growth Stock for the Long-Term
• Positive Sentiment: Several reports said analysts view AppLovin as one of the best S&P 500 stocks to buy now, reinforcing the idea that Wall Street remains constructive on the company’s growth outlook. Here is Why AppLovin (APP) is One of the Best S&P 500 Stocks to Buy Now According to Analysts
• Positive Sentiment: The stock benefited from a broader risk-on move after yields fell and market sentiment improved, helping AppLovin extend a rebound alongside other growth names. AppLovin and Elastic Shares Are Soaring, What You Need To Know
• Positive Sentiment: AppLovin was also highlighted in investor-focused coverage as a trending growth stock, which can attract momentum buyers when a stock is already on traders’ watchlists. Is Trending Stock AppLovin Corporation (APP) a Buy Now?
• Neutral Sentiment: Additional articles repeated the same bullish thesis around AppLovin’s AI-enabled advertising tools and insider ownership, but did not appear to add materially new company-specific news.
• Neutral Sentiment: Pixalate’s trust-index release named AppLovin among leaders in mobile ad inventory quality, which is supportive for the business but not necessarily a direct near-term stock catalyst. Pixalate Releases Q1 2026 Mobile Seller Trust Index 2.0: 16.2% of Global Authorized Mobile App Inventory Is Resold Through Arbitrage; Google AdExchange Top-Ranked ‘Direct’ Seller in the US
• Negative Sentiment: One article noted AppLovin’s stock had fallen meaningfully over the prior six months, reminding investors that the name remains volatile despite the recent rebound. 3 Reasons We’re Fans of AppLovin (APP)

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.