37,714 Shares in AppLovin Corporation $APP Bought by OFI Invest Asset Management

Key Points

• OFI Invest Asset Management opened a new position in AppLovin, buying 37,714 shares worth about $25.4 million in Q4, part of a broader institutional ownership of roughly 41.85%.
• AppLovin beat estimates with $3.24 EPS vs $2.89 and reported $1.66 billion in revenue (up 66% YoY) and a 57.4% net margin, while analysts maintain a consensus "Moderate Buy" with an average target near $669.
• Significant insider selling has occurred recently — the CEO and CTO sold 50,000 and 62,804 shares respectively, with insiders offloading 365,244 shares (~$169.6 million) over the past 90 days, though insiders still hold about 13.66% of the company.

OFI Invest Asset Management acquired a new position in shares of AppLovin Corporation (NASDAQ:APP - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 37,714 shares of the company's stock, valued at approximately $25,412,000.

Several other hedge funds and other institutional investors have also modified their holdings of APP. Board of the Pension Protection Fund purchased a new stake in shares of AppLovin during the fourth quarter worth $27,000. Chilton Capital Management LLC purchased a new stake in shares of AppLovin during the third quarter worth $29,000. Activest Wealth Management raised its holdings in AppLovin by 760.0% during the third quarter. Activest Wealth Management now owns 43 shares of the company's stock valued at $31,000 after buying an additional 38 shares in the last quarter. Heartwood Wealth Advisors LLC bought a new position in AppLovin during the third quarter valued at about $33,000. Finally, CBIZ Investment Advisory Services LLC raised its holdings in AppLovin by 58.6% during the third quarter. CBIZ Investment Advisory Services LLC now owns 46 shares of the company's stock valued at $33,000 after buying an additional 17 shares in the last quarter. 41.85% of the stock is currently owned by hedge funds and other institutional investors.

AppLovin Trading Down 4.7%

AppLovin stock opened at $391.20 on Thursday. The company has a debt-to-equity ratio of 1.65, a quick ratio of 3.32 and a current ratio of 3.32. The business's 50-day simple moving average is $431.98 and its 200-day simple moving average is $558.11. The firm has a market capitalization of $131.94 billion, a PE ratio of 40.12, a PEG ratio of 0.67 and a beta of 2.50. AppLovin Corporation has a 52 week low of $218.29 and a 52 week high of $745.61.

AppLovin (NASDAQ:APP - Get Free Report) last posted its quarterly earnings data on Wednesday, February 11th. The company reported $3.24 EPS for the quarter, topping analysts' consensus estimates of $2.89 by $0.35. The business had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.61 billion. AppLovin had a return on equity of 245.64% and a net margin of 57.42%.The firm's revenue for the quarter was up 66.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.73 earnings per share. Equities research analysts forecast that AppLovin Corporation will post 6.87 earnings per share for the current year.

Key Stories Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Wells Fargo raised its price target on APP to $560, signaling analyst confidence in longer‑term upside and supporting valuation expectations. Read More.
• Positive Sentiment: Industry checks and analyst coverage (Evercore ISI and others) maintained Outperform ratings and high targets (one cited $750), arguing the recent drop doesn’t reflect fundamentals. That institutional support could limit downside and encourage buyers. Read More.
• Positive Sentiment: AppLovin announced executive succession and governance changes — internal promotions to tech leadership and the appointment of Craig Billings as independent Board Chair — which investors often view as positive for continuity and oversight. Read More.
• Positive Sentiment: Analyst and research pieces argue the 2026 selloff looks overstated given AppLovin’s advertising strength, Rule of 40 profile, and upcoming AI ad tools — factors that could drive medium‑term revenue/monetization upside. Read More.
• Neutral Sentiment: Coverage assessing AppLovin’s valuation after analyst upgrades and AI advertising momentum provides mixed takeaways: upside from secular advertising trends but elevated multiples versus some peers. Useful for gauging risk/reward but not an immediate catalyst. Read More.
• Neutral Sentiment: Zacks published a primer on why APP fits a growth‑stock profile (style scores), which is background positive but not a near‑term price driver. Read More.
• Negative Sentiment: Price action: several outlets note APP fell while broader markets gained, reflecting profit‑taking/volatility that can pressure short‑term performance despite positive fundamentals. Elevated trading volume suggests near‑term liquidation or repositioning. Read More.
• Negative Sentiment: AppLovin showed up on “stock movers” lists, which often reflects headline‑driven intraday swings rather than fundamentals — a reminder that momentum and headlines can amplify volatility. Read More.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on APP. The Goldman Sachs Group cut their target price on AppLovin from $710.00 to $585.00 and set a "neutral" rating on the stock in a report on Thursday, February 12th. Evercore restated a "buy" rating on shares of AppLovin in a report on Friday, January 30th. Arete Research set a $340.00 target price on AppLovin and gave the company a "neutral" rating in a report on Monday, March 2nd. Morgan Stanley set a $720.00 target price on AppLovin in a report on Thursday, February 12th. Finally, Royal Bank Of Canada restated an "outperform" rating and set a $700.00 target price on shares of AppLovin in a report on Thursday, February 12th. Eighteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, AppLovin presently has an average rating of "Moderate Buy" and a consensus target price of $669.05.

Insider Transactions at AppLovin

In other news, CEO Arash Adam Foroughi sold 50,000 shares of AppLovin stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $466.04, for a total value of $23,302,000.00. Following the transaction, the chief executive officer directly owned 2,480,414 shares in the company, valued at approximately $1,155,972,140.56. The trade was a 1.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CTO Vasily Shikin sold 62,804 shares of AppLovin stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $486.43, for a total value of $30,549,749.72. Following the completion of the transaction, the chief technology officer owned 3,255,273 shares in the company, valued at $1,583,462,445.39. The trade was a 1.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 365,244 shares of company stock worth $169,584,607. Company insiders own 13.66% of the company's stock.

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.

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