AppLovin Corporation $APP Shares Sold by Andra AP fonden

Key Points

• Andra AP fonden cut its AppLovin stake by 37.7% in the second quarter, selling 24,360 shares and retaining 40,306 shares valued at approximately $20.8 million.
• Institutional sentiment was mixed: State Street and Manufacturers Life Insurance significantly increased their holdings, while hedge funds and other institutional investors collectively owned 41.85% of AppLovin.
• AppLovin shares traded at $324.74, near their 52-week low, despite strong quarterly earnings growth. Analysts maintained a “Moderate Buy” consensus, but the company faces ongoing shareholder litigation allegations related to its AI-product disclosures.

Andra AP fonden reduced its stake in AppLovin Corporation (NASDAQ:APP - Free Report) by 37.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 40,306 shares of the company's stock after selling 24,360 shares during the quarter. Andra AP fonden's holdings in AppLovin were worth $20,767,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. State Street Corp increased its position in AppLovin by 28.3% during the 2nd quarter. State Street Corp now owns 15,095,667 shares of the company's stock worth $7,777,741,000 after purchasing an additional 3,328,338 shares during the period. SkyView Investment Advisors LLC purchased a new stake in shares of AppLovin in the second quarter valued at approximately $515,000. Talon Private Wealth LLC boosted its stake in shares of AppLovin by 184.3% in the second quarter. Talon Private Wealth LLC now owns 3,915 shares of the company's stock valued at $2,017,000 after buying an additional 2,538 shares in the last quarter. Bouchey Financial Group Ltd. acquired a new position in AppLovin during the second quarter worth $204,000. Finally, The Manufacturers Life Insurance Company grew its holdings in AppLovin by 409.6% during the second quarter. The Manufacturers Life Insurance Company now owns 776,097 shares of the company's stock worth $399,868,000 after acquiring an additional 623,815 shares during the period. Hedge funds and other institutional investors own 41.85% of the company's stock.

AppLovin Price Performance

Shares of AppLovin stock traded down $5.43 on Tuesday, hitting $324.74. The company's stock had a trading volume of 1,628,223 shares, compared to its average volume of 5,638,109. The company has a market capitalization of $108.67 billion, a P/E ratio of 24.97, a price-to-earnings-growth ratio of 0.64 and a beta of 2.49. AppLovin Corporation has a 52-week low of $297.50 and a 52-week high of $745.61. The firm has a fifty day moving average price of $351.21 and a 200-day moving average price of $433.36. The company has a quick ratio of 4.30, a current ratio of 4.30 and a debt-to-equity ratio of 1.11.

AppLovin (NASDAQ:APP - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $3.76 earnings per share for the quarter, meeting the consensus estimate of $3.76. The firm had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.94 billion. AppLovin had a net margin of 64.58% and a return on equity of 193.10%. The firm's revenue for the quarter was up 52.8% on a year-over-year basis. During the same period last year, the firm posted $2.39 EPS. On average, equities research analysts expect that AppLovin Corporation will post 15.76 earnings per share for the current fiscal year.

Trending Headlines about AppLovin

Here are the key news stories impacting AppLovin this week:

• Negative Sentiment: The lawsuit alleges that AppLovin overstated the pace of improvements to its AI models and the readiness of its generative-AI video tool. Management reportedly said in May that it had seen “faster improvements” and expected the video product to reach all accounts shortly, but later described model progress as “lighter than normal” and the tool as still a work in progress. The allegations followed a reported 20% stock selloff after the company’s August 5 update. AppLovin AI progress class action
• Negative Sentiment: Multiple law firms, including SBS, Kirby McInerney, Faruqi & Faruqi, Rosen, Bleichmar Fonti & Auld, and Bronstein Gewirtz & Grossman, are publicizing the pending shareholder litigation against AppLovin and certain executives. Continued legal publicity increases reputational, litigation-cost, and potential financial-liability concerns for investors. The claims have not been proven in court. SBS AppLovin securities lawsuit notice
• Neutral Sentiment: The notices remind investors who purchased AppLovin securities between February 12 and August 5, 2026, that November 16, 2026 is the deadline to seek appointment as lead plaintiff. These announcements are largely procedural repetitions rather than new operating or financial disclosures, but they keep the litigation overhang visible. Faruqi AppLovin class action reminder

Wall Street Analyst Weigh In

A number of research firms have commented on APP. KeyCorp set a $775.00 target price on AppLovin in a report on Wednesday, June 10th. Needham & Company LLC cut their price target on shares of AppLovin from $500.00 to $475.00 and set a "buy" rating for the company in a report on Wednesday, August 26th. Weiss Ratings raised shares of AppLovin from a "hold (c)" rating to a "hold (c+)" rating in a report on Thursday, August 6th. Wells Fargo & Company lowered their target price on shares of AppLovin from $357.00 to $325.00 and set an "equal weight" rating on the stock in a research report on Wednesday, August 19th. Finally, Benchmark reduced their price target on shares of AppLovin from $500.00 to $440.00 and set a "buy" rating for the company in a research report on Monday, August 17th. Three analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat.com, AppLovin presently has a consensus rating of "Moderate Buy" and an average target price of $529.39.

Insider Buying and Selling at AppLovin

In other news, Director G Jr sold 3,076 shares of the firm's stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $521.29, for a total transaction of $1,603,488.04. Following the completion of the transaction, the director directly owned 120,444 shares of the company's stock, valued at $62,786,252.76. This trade represents a 2.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 12.81% of the stock is currently owned by company insiders.

About AppLovin

AppLovin Corporation NASDAQ: APP is a technology company that provides software and services designed to help mobile application developers grow their businesses. Its platform supports user acquisition, advertising, monetization, measurement and other functions that enable developers to attract users and generate revenue from their applications.

AppLovin's offerings include AXON, an artificial-intelligence-powered software engine used to optimize advertising and user-acquisition campaigns; MAX, a platform for managing in-app advertising and mediation; and AppDiscovery, which helps developers promote their applications.

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