3,884 AppLovin Corporation $APP Shares Sold by Maxi Investments CY Ltd

Key Points

• Maxi Investments CY Ltd reduced its AppLovin stake by 12.4%, selling 3,884 shares in the third quarter and retaining 27,500 shares valued at approximately $7.99 million. Institutional investors collectively own 41.85% of the company.
• AppLovin reported 52.8% year-over-year revenue growth to $1.92 billion and met quarterly EPS expectations, supporting continued analyst optimism about its AI-powered advertising platform.
• Despite a “Moderate Buy” consensus rating, analysts have broadly lowered price targets, while securities-fraud lawsuit notices alleging misleading AI-related statements add legal and reputational risks for investors.

Maxi Investments CY Ltd decreased its stake in shares of AppLovin Corporation (NASDAQ:APP - Free Report) by 12.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,500 shares of the company's stock after selling 3,884 shares during the quarter. AppLovin makes up 1.5% of Maxi Investments CY Ltd's portfolio, making the stock its 17th largest position. Maxi Investments CY Ltd's holdings in AppLovin were worth $7,987,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in APP. Cassaday & Co Wealth Management LLC bought a new position in AppLovin in the 1st quarter worth about $25,000. Pioneer Family Office LLC bought a new stake in shares of AppLovin during the second quarter valued at approximately $31,000. First Pacific Financial bought a new stake in shares of AppLovin during the first quarter valued at approximately $33,000. IMA Advisory Services Inc. raised its stake in shares of AppLovin by 40.0% during the first quarter. IMA Advisory Services Inc. now owns 84 shares of the company's stock valued at $33,000 after acquiring an additional 24 shares in the last quarter. Finally, CENTRAL TRUST Co boosted its holdings in shares of AppLovin by 41.3% in the first quarter. CENTRAL TRUST Co now owns 89 shares of the company's stock valued at $35,000 after purchasing an additional 26 shares during the period. 41.85% of the stock is owned by hedge funds and other institutional investors.

Key AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin’s Q2 revenue increased 52.8% year over year to $1.92 billion, while third-quarter guidance reportedly implies approximately 46%–48% growth. One UBS analyst believes the stock could potentially triple, suggesting significant upside if the company’s AI-driven advertising platform continues to scale. Down 56% In Last 12 Months, Can AppLovin Stock Give Better Returns in 2026? AppLovin Has Dropped 60% in 2026: One Wall Street Pro is Convinced It Will Triple in Price
• Neutral Sentiment: A reported short-interest update showed zero shares sold short and a 0.0-day short-interest ratio based on average daily volume of about 5.1 million shares. That reading indicates no measurable short-selling pressure, although the “large increase” description conflicts with the stated zero-share figure and may reflect a data or reporting error.
• Negative Sentiment: Several law firms are publicizing a securities-fraud class action against AppLovin for investors who purchased shares between February 12 and August 5, 2026. The allegations center on potentially misleading statements about AI model improvements, projected AI-product revenue, and the rollout of AppLovin’s generative-AI video tool. The lead-plaintiff deadline is November 16, 2026. These notices add legal and reputational risk and reinforce investor concerns following a July analyst report and AppLovin’s August 5 earnings release. Kaplan Fox AppLovin Lawsuit Notice AppLovin Shareholder Notice

Analyst Ratings Changes

Several brokerages recently issued reports on APP. Phillip Securities raised AppLovin from a "moderate buy" rating to a "strong-buy" rating and dropped their price objective for the stock from $635.00 to $610.00 in a research note on Tuesday, August 11th. HSBC reduced their price objective on AppLovin from $450.00 to $409.00 and set a "buy" rating on the stock in a report on Monday, October 5th. Oppenheimer decreased their target price on AppLovin from $560.00 to $490.00 and set an "outperform" rating for the company in a research report on Monday, October 12th. Loop Capital lowered their target price on AppLovin from $860.00 to $600.00 and set a "buy" rating for the company in a report on Thursday, August 20th. Finally, Morgan Stanley dropped their price target on AppLovin from $450.00 to $400.00 and set an "overweight" rating on the stock in a research report on Tuesday, October 13th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $507.75.

AppLovin Price Performance

APP opened at $260.74 on Tuesday. The business's 50-day moving average is $298.85 and its two-hundred day moving average is $425.33. AppLovin Corporation has a 1 year low of $255.46 and a 1 year high of $738.01. The company has a debt-to-equity ratio of 1.11, a current ratio of 4.30 and a quick ratio of 4.30. The firm has a market capitalization of $87.26 billion, a PE ratio of 20.04, a price-to-earnings-growth ratio of 0.54 and a beta of 2.56.

AppLovin (NASDAQ:APP - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $3.76 EPS for the quarter, hitting the consensus estimate of $3.76. AppLovin had a net margin of 64.58% and a return on equity of 193.10%. The firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same quarter in the previous year, the business posted $2.39 EPS. AppLovin's revenue was up 52.8% on a year-over-year basis. Research analysts anticipate that AppLovin Corporation will post 15.67 earnings per share for the current fiscal year.

AppLovin Company 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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