3,785 Shares in AppLovin Corporation $APP Purchased by Avantax Planning Partners Inc.

Key Points

• Avantax Planning Partners opened a new AppLovin position, buying 3,785 shares valued at approximately $1.099 million in the third quarter.
• AppLovin reported quarterly revenue of $2.18 billion, up 55.5% year over year, and earnings per share of $4.30, beating analyst estimates.
• Analysts’ views are mixed, though MarketBeat reports an overall “Moderate Buy” rating and an average price target of $497.93.

Avantax Planning Partners Inc. bought a new stake in AppLovin Corporation (NASDAQ:APP - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 3,785 shares of the company's stock, valued at approximately $1,099,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Revolve Wealth Partners LLC boosted its position in AppLovin by 2.8% during the 2nd quarter. Revolve Wealth Partners LLC now owns 851 shares of the company's stock worth $438,000 after acquiring an additional 23 shares during the period. IMA Advisory Services Inc. grew its stake in shares of AppLovin by 40.0% in the first quarter. IMA Advisory Services Inc. now owns 84 shares of the company's stock worth $33,000 after purchasing an additional 24 shares in the last quarter. Sovran Advisors LLC increased its holdings in shares of AppLovin by 5.7% during the first quarter. Sovran Advisors LLC now owns 517 shares of the company's stock valued at $206,000 after purchasing an additional 28 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of AppLovin by 3.6% during the first quarter. EverSource Wealth Advisors LLC now owns 871 shares of the company's stock valued at $347,000 after purchasing an additional 30 shares during the period. Finally, Wall Street Financial Group Inc. increased its holdings in shares of AppLovin by 8.4% during the second quarter. Wall Street Financial Group Inc. now owns 389 shares of the company's stock valued at $200,000 after purchasing an additional 30 shares during the period. Institutional investors own 41.85% of the company's stock.

AppLovin Price Performance

APP opened at $391.22 on Monday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 3.80 and a current ratio of 3.80. The company has a market capitalization of $130.92 billion, a PE ratio of 26.33, a P/E/G ratio of 0.81 and a beta of 2.51. The stock's fifty day moving average is $293.36 and its 200-day moving average is $409.91. AppLovin Corporation has a one year low of $225.19 and a one year high of $738.01.

AppLovin (NASDAQ:APP - Get Free Report) last announced its earnings results on Wednesday, November 4th. The company reported $4.30 earnings per share for the quarter, beating the consensus estimate of $4.03 by $0.27. The business had revenue of $2.18 billion during the quarter, compared to analysts' expectations of $2.07 billion. AppLovin had a return on equity of 182.97% and a net margin of 65.89%. The company's quarterly revenue was up 55.5% on a year-over-year basis. During the same quarter last year, the business posted $2.45 earnings per share. On average, equities analysts predict that AppLovin Corporation will post 16.18 EPS for the current fiscal year.

More AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin reported Q3 revenue of $2.18 billion, up 55.5% year over year, and EPS of $4.30, beating analyst estimates. Net income rose 72% to $1.44 billion, with a net margin near 66%. AppLovin Q3 results
• Positive Sentiment: Q4 revenue guidance of $2.365 billion–$2.395 billion came in above expectations, supporting hopes that growth from AppLovin’s AI-powered advertising models can continue as their rollout expands. CEO Adam Foroughi also said the business could grow roughly 30% annually over the long term. CEO comments on long-term growth
• Positive Sentiment: The company expanded its share repurchase authorization to $3.6 billion, while strong cash generation gives it capacity to return capital to shareholders. Cash generation and buyback
• Neutral Sentiment: Analyst views are mixed: RBC and Oppenheimer raised their targets to $520 and reiterated positive ratings, while Wells Fargo’s raised $347 target remains below the shares’ recent trading level and carries an equal-weight rating. Analyst target changes
• Negative Sentiment: Multiple law firms publicized a pending securities class action covering investors who bought shares from February 12 through August 5, 2026. The suit alleges misleading statements about AI-model readiness and adoption of self-service ad tools; the allegations are not established findings, but the litigation could create uncertainty. The lead-plaintiff deadline is November 16. Class-action notice

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on APP shares. Evercore reaffirmed an "outperform" rating and issued a $510.00 price objective (down from $630.00) on shares of AppLovin in a report on Tuesday, September 1st. Wells Fargo & Company raised their target price on shares of AppLovin from $325.00 to $347.00 and gave the company an "equal weight" rating in a research note on Friday. Weiss Ratings upgraded shares of AppLovin from a "hold (c)" rating to a "hold (c+)" rating in a research report on Friday, October 16th. Raymond James Financial dropped their price target on shares of AppLovin from $640.00 to $590.00 in a research report on Thursday, August 6th. Finally, Bank of America lowered shares of AppLovin from a "buy" rating to a "neutral" rating and reduced their price target for the stock from $430.00 to $400.00 in a research note on Tuesday, August 11th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $497.93.

AppLovin Profile

AppLovin is a technology company that provides software to help mobile app developers and advertisers grow their businesses. Its platform connects advertisers seeking users with app publishers looking to monetize their audiences, using data and machine-learning tools to support advertising and user acquisition.

The company's products include AXON, its advertising optimization engine; AppDiscovery, which helps advertisers find and acquire users; and MAX, a platform for managing in-app advertising.

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