AppLovin Corporation $APP Holdings Cut by Elevatus Welath Management

Key Points

• Elevatus Wealth Management cut its AppLovin stake by 50.4% in Q4, selling 3,509 shares and retaining 3,454 shares worth about $2.33 million per its SEC filing.
• Senior insiders sold large blocks recently — CTO Vasily Shikin sold 62,804 shares (~$30.5M) and CEO Arash Foroughi sold 50,000 shares (~$23.3M) — with insiders offloading 365,244 shares (~$169.6M) over the past 90 days.
• Despite the selling pressure, AppLovin beat quarterly expectations (EPS $3.24 vs $2.89 estimate; revenue $1.66B, up 66%) and carries a consensus Moderate Buy from analysts (18 Buys, 5 Holds) with an average price target of $668.20.

Elevatus Welath Management reduced its stake in AppLovin Corporation (NASDAQ:APP - Free Report) by 50.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,454 shares of the company's stock after selling 3,509 shares during the period. Elevatus Welath Management's holdings in AppLovin were worth $2,327,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in APP. CBIZ Investment Advisory Services LLC raised its position in shares of AppLovin by 58.6% during the 3rd quarter. CBIZ Investment Advisory Services LLC now owns 46 shares of the company's stock worth $33,000 after purchasing an additional 17 shares during the period. Versant Capital Management Inc boosted its position in AppLovin by 2.8% during the 3rd quarter. Versant Capital Management Inc now owns 701 shares of the company's stock valued at $504,000 after purchasing an additional 19 shares during the period. Claro Advisors LLC boosted its position in AppLovin by 3.2% during the 3rd quarter. Claro Advisors LLC now owns 647 shares of the company's stock valued at $465,000 after purchasing an additional 20 shares during the period. Optas LLC grew its stake in AppLovin by 2.5% during the 3rd quarter. Optas LLC now owns 877 shares of the company's stock worth $630,000 after buying an additional 21 shares during the last quarter. Finally, Strategic Advocates LLC grew its stake in AppLovin by 0.8% during the 3rd quarter. Strategic Advocates LLC now owns 2,576 shares of the company's stock worth $1,851,000 after buying an additional 21 shares during the last quarter. 41.85% of the stock is owned by institutional investors.

Insider Activity at AppLovin

In other AppLovin news, CTO Vasily Shikin sold 62,804 shares of the business's stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $486.43, for a total transaction of $30,549,749.72. Following the sale, the chief technology officer directly owned 3,255,273 shares in the company, valued at approximately $1,583,462,445.39. The trade was a 1.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Arash Adam Foroughi sold 50,000 shares of the company's stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $466.04, for a total transaction of $23,302,000.00. Following the completion of the sale, the chief executive officer directly owned 2,480,414 shares of the company's stock, valued at approximately $1,155,972,140.56. This represents a 1.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 365,244 shares of company stock worth $169,584,607 in the last 90 days. Corporate insiders own 13.66% of the company's stock.

Analyst Ratings Changes

APP has been the topic of a number of recent research reports. Benchmark reiterated a "buy" rating on shares of AppLovin in a research note on Friday, March 6th. Scotiabank upped their price target on shares of AppLovin from $750.00 to $775.00 and gave the stock an "outperform" rating in a research report on Thursday, February 12th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $700.00 price objective on shares of AppLovin in a report on Thursday, February 12th. Jefferies Financial Group cut their price objective on shares of AppLovin from $860.00 to $700.00 and set a "buy" rating on the stock in a research report on Thursday, February 12th. Finally, Evercore reissued a "buy" rating on shares of AppLovin in a research note on Friday, January 30th. Eighteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $668.20.

Key Headlines Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Zacks highlights AppLovin’s margin strength as a defensive point — analysts note unusually high operating margins that could support cash generation even if top-line growth slows. AppLovin's Margin Strength Stands Out
• Positive Sentiment: A bullish take argues a recovery is likely eventual, pointing to APP’s fundamentals and long runway for mobile-ad monetization — a reminder some investors see current weakness as a buying opportunity. AppLovin stock price recovery may be a matter of 'when' — not if
• Neutral Sentiment: Industry coverage (Unity/Roblox context) provides broader sector color — shifts at peers could change competitive dynamics but aren’t direct AppLovin fundamentals. Unity refocuses strategy, Roblox brand deal controversy and Wuthering Waves’ liveops success | Week in Views
• Neutral Sentiment: General market lists that highlight insider-favored growth stocks include names with strong insider alignment — a tangential note for investors considering alignment of interests. Discover Precigen And 2 Other Insider-Favored Growth Stocks
• Negative Sentiment: Multiple outlets report a selloff after data and commentary pointed to weaker e‑commerce ad spending and client churn — the primary near-term demand risk for AppLovin’s ad-driven revenue. AppLovin stock falls 7% on weak e-commerce spending trends
• Negative Sentiment: Short interest and bearish research are picking up — headlines note a spike in short activity and a new short idea from Hedgeye, increasing selling pressure and volatility. AppLovin added as a new short idea at Hedgeye
• Negative Sentiment: Commentary pieces and market reports warn that AppLovin’s “easy money” era may be ending — investor caution is amplified by several articles pointing to higher scrutiny of growth assumptions and AI/monetization risks. AppLovin's Easy Money Era Is Over
• Negative Sentiment: Coverage rounding up the selloff (CNBC, Blockonomi, MSN, Investopedia) highlights sharp intraday declines tied to demand worries and shorting activity — reinforcing negative momentum. Stocks making the biggest moves midday

AppLovin Trading Down 2.6%

Shares of APP stock opened at $381.20 on Friday. AppLovin Corporation has a 1 year low of $200.50 and a 1 year high of $745.61. The firm has a market capitalization of $128.57 billion, a PE ratio of 39.10, a price-to-earnings-growth ratio of 0.68 and a beta of 2.51. The stock has a fifty day moving average of $455.77 and a two-hundred day moving average of $569.57. The company has a debt-to-equity ratio of 1.65, a quick ratio of 3.32 and a current ratio of 3.32.

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

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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