Allworth Financial LP Increases Stock Position in AppLovin Corporation $APP

Key Points

• Allworth Financial LP boosted its AppLovin stake by 131.7% in Q3 to 6,049 shares worth $4.35M, while large institutions like Vanguard and State Street also added tens of millions of shares, leaving institutional ownership at about 41.85%.
• Insider selling has been substantial recently: CEO Arash Foroughi sold 50,000 shares (~$23.3M) and Director Eduardo Vivas sold 163,910 shares (~$74.3M), with insiders offloading 365,244 shares (~$169.6M) over the past 90 days though they still hold 13.66% of the company.
• Analysts remain broadly positive with a consensus rating of Moderate Buy and a $654.50 price target; AppLovin also reported a beat with Q EPS $3.24 vs. $2.89 and revenue of $1.66B (up 66% YoY), even as the stock trades at a premium (market cap ~$149.2B, P/E ~45.4).

Allworth Financial LP grew its position in shares of AppLovin Corporation (NASDAQ:APP - Free Report) by 131.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,049 shares of the company's stock after purchasing an additional 3,438 shares during the period. Allworth Financial LP's holdings in AppLovin were worth $4,347,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in AppLovin by 39.4% during the third quarter. Vanguard Group Inc. now owns 24,954,458 shares of the company's stock worth $17,930,776,000 after buying an additional 7,051,663 shares during the period. State Street Corp lifted its holdings in AppLovin by 111.1% in the 3rd quarter. State Street Corp now owns 11,852,466 shares of the company's stock worth $8,516,471,000 after buying an additional 6,237,051 shares in the last quarter. Invesco Ltd. boosted its position in AppLovin by 9.4% in the 3rd quarter. Invesco Ltd. now owns 4,292,752 shares of the company's stock valued at $3,084,514,000 after buying an additional 367,083 shares during the last quarter. Jennison Associates LLC boosted its holdings in AppLovin by 55.2% in the third quarter. Jennison Associates LLC now owns 3,886,150 shares of the company's stock valued at $2,792,355,000 after purchasing an additional 1,381,970 shares during the last quarter. Finally, Kensico Capital Management Corp grew its position in shares of AppLovin by 3.1% during the third quarter. Kensico Capital Management Corp now owns 3,118,500 shares of the company's stock worth $2,240,767,000 after buying an additional 95,000 shares in the last quarter. Hedge funds and other institutional investors own 41.85% of the company's stock.

Wall Street Analyst Weigh In

APP has been the subject of several research analyst reports. Weiss Ratings downgraded shares of AppLovin from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Tuesday, March 10th. Piper Sandler reaffirmed an "overweight" rating and set a $650.00 price objective (down from $800.00) on shares of AppLovin in a research report on Thursday, February 12th. Scotiabank lifted their price objective on shares of AppLovin from $750.00 to $775.00 and gave the company an "outperform" rating in a research report on Thursday, February 12th. Wells Fargo & Company decreased their target price on shares of AppLovin from $735.00 to $543.00 and set an "overweight" rating for the company in a research report on Thursday, February 12th. Finally, Jefferies Financial Group decreased their price target on AppLovin from $860.00 to $700.00 and set a "buy" rating for the company in a research note on Thursday, February 12th. Twenty equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $654.50.

Insider Activity at AppLovin

In related news, CEO Arash Adam Foroughi sold 50,000 shares of the firm's stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $466.04, for a total value of $23,302,000.00. Following the completion of the transaction, the chief executive officer directly owned 2,480,414 shares of the company's stock, valued at approximately $1,155,972,140.56. This trade represents a 1.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Eduardo Vivas sold 163,910 shares of the stock in a transaction on Monday, March 16th. The shares were sold at an average price of $453.49, for a total transaction of $74,331,545.90. Following the completion of the sale, the director owned 6,969,382 shares of the company's stock, valued at approximately $3,160,545,043.18. This represents a 2.30% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 365,244 shares of company stock valued at $169,584,607. Insiders own 13.66% of the company's stock.

AppLovin Trading Up 0.6%

APP opened at $442.39 on Friday. The firm's fifty day simple moving average is $476.11 and its 200 day simple moving average is $572.37. AppLovin Corporation has a 12 month low of $200.50 and a 12 month high of $745.61. The stock has a market capitalization of $149.21 billion, a P/E ratio of 45.37, a P/E/G ratio of 0.76 and a beta of 2.51. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 1.65.

AppLovin (NASDAQ:APP - Get Free Report) last issued its quarterly earnings results on Wednesday, February 11th. The company reported $3.24 earnings per share for the quarter, topping the consensus estimate of $2.89 by $0.35. AppLovin had a net margin of 57.42% and a return on equity of 245.64%. The company had revenue of $1.66 billion during the quarter, compared to analysts' expectations of $1.61 billion. During the same period last year, the business earned $1.73 EPS. The business's quarterly revenue was up 66.0% on a year-over-year basis. As a group, research analysts anticipate that AppLovin Corporation will post 6.87 EPS for the current fiscal year.

Trending Headlines about AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AXON & MAX revenue momentum — Research notes highlight AXON and the MAX unified auction driving strong expansion outside gaming, with Zacks citing ~70% revenue growth drivers for 2025 that underpin near‑term top‑line momentum. AppLovin's Axon and MAX Power 70% Revenue Growth in 2025
• Positive Sentiment: Analyst backing and upside thesis — Consensus broker ratings remain bullish (average ≈ Moderate Buy) and multiple houses still see substantial upside versus the current price, which supports buyer interest on dips. Why Analysts Love AppLovin Stock but the Market Doesn't
• Positive Sentiment: Long‑term growth case intact — Style/score pieces continue to list APP among top growth names based on AI ad stack and monetization tools, supporting longer‑term holders. Why AppLovin (APP) is a Top Growth Stock for the Long-Term
• Neutral Sentiment: Valuation vs. buybacks — Analysts note AppLovin trades at steep premiums to peers; buybacks and cash flow are supportive but execution (notably 2026 margin improvement) must materialize to justify multiples. Is APP Overvalued? Valuation, Buybacks and 2026 Margin Signals
• Neutral Sentiment: Noise around major investor relationships — Reporting that JPMorgan cut ties with a prominent investor in AppLovin creates headline risk but does not directly change AppLovin’s fundamentals; it’s a short‑term sentiment factor to monitor. JPMorgan Ends Ties With AppLovin Investor Holding $4.6 Billion Stake
• Negative Sentiment: Insider selling — Director Eduardo Vivas sold ~163,910 shares (~$74M) recently; large director sales have been cited as the main catalyst for recent intraday weakness. AppLovin NASDAQ: APP Director Sells 163,910 Shares
• Negative Sentiment: Market reaction & thinner liquidity — Coverage links the recent price drop to that insider sale plus below‑average volume, suggesting weaker bid support can amplify declines until clearer execution or fresh buying appears. AppLovin Stock Price Down Following Insider Selling

AppLovin 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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