AppLovin Corporation $APP Stock: AMF Tjanstepension AB Grows Stake

Key Points

• AMF Tjanstepension AB increased its AppLovin stake by 843.2% in the third quarter, ending with 433,162 shares valued at approximately $125.8 million. Institutional investors collectively own 41.85% of the company.
• AppLovin shares opened at $264.28, near their 12-month low of $260.59 and substantially below the $738.01 high, despite the company reporting 52.8% year-over-year revenue growth in its latest quarter.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and a $507.75 price target, but several firms have recently lowered targets. The company also faces a securities class-action lawsuit alleging it overstated AI-model improvements and generative-AI product readiness; the allegations have not been proven.

AMF Tjanstepension AB increased its position in shares of AppLovin Corporation (NASDAQ:APP - Free Report) by 843.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 433,162 shares of the company's stock after acquiring an additional 387,237 shares during the quarter. AMF Tjanstepension AB owned about 0.13% of AppLovin worth $125,803,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Cassaday & Co Wealth Management LLC bought a new position in AppLovin during the 1st quarter worth approximately $25,000. Pioneer Family Office LLC acquired a new position in AppLovin during the second quarter valued at approximately $31,000. First Pacific Financial bought a new stake in AppLovin in the first quarter valued at approximately $33,000. IMA Advisory Services Inc. raised its holdings in 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 during the period. Finally, CENTRAL TRUST Co raised its holdings in AppLovin by 41.3% in the first quarter. CENTRAL TRUST Co now owns 89 shares of the company's stock worth $35,000 after purchasing an additional 26 shares during the period. Institutional investors own 41.85% of the company's stock.

AppLovin Trading Down 1.4%

Shares of AppLovin stock opened at $264.28 on Friday. The stock has a market cap of $88.44 billion, a P/E ratio of 20.31, a P/E/G ratio of 0.56 and a beta of 2.56. 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 Corporation has a 12-month low of $260.59 and a 12-month high of $738.01. The business's 50 day moving average is $301.15 and its 200-day moving average is $408.12.

AppLovin (NASDAQ:APP - Get Free Report) last released 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. AppLovin had a net margin of 64.58% and a return on equity of 193.10%. The business had revenue of $1.92 billion during the quarter, compared to analysts' expectations of $1.94 billion. During the same period last year, the business earned $2.39 earnings per share. The firm's revenue was up 52.8% on a year-over-year basis. Equities research analysts predict that AppLovin Corporation will post 15.67 earnings per share for the current fiscal year.

Trending Headlines about AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: A Seeking Alpha analysis upgraded AppLovin, arguing that the shares may have fallen too far relative to the company’s rapid growth, high margins and AI-driven advertising opportunity. AppLovin Corporation Stock Has Fallen Too Far
• Neutral Sentiment: Recent comparisons with Pinterest and Snap highlight AppLovin’s strong revenue growth and profitability, but these are opinion-based investment articles rather than new company announcements. AppLovin vs. Pinterest
• Negative Sentiment: Several investor-rights firms publicized the pending securities class action and the November 16, 2026 lead-plaintiff deadline. The suit covers investors who bought APP shares from February 12 through August 5, 2026, and alleges that AppLovin overstated the consistency of improvements to its AI models and the readiness of its generative-AI video creative tool. The allegations have not been proven. AppLovin Securities Fraud Class Action
• Negative Sentiment: The legal campaign follows a concerning July 13 analyst report and AppLovin’s August 5 second-quarter results, events that reportedly triggered sharp share-price declines. Analysts subsequently reduced price targets, including Piper Sandler’s cut from $665 to $385 and Wells Fargo’s cut from $575 to $357. AppLovin Analyst Price Target Cuts
• Negative Sentiment: Additional notices from Rosen, Robbins, Pomerantz, Faruqi, Kaplan Fox and other firms are encouraging investors to participate in or seek lead-plaintiff status. The repeated announcements increase visibility around potential litigation costs, management credibility concerns and regulatory or shareholder damages risk. Pomerantz AppLovin Class Action Filing

Analyst Ratings Changes

Several equities analysts have recently issued reports on APP shares. Raymond James Financial decreased their price target on shares of AppLovin from $640.00 to $590.00 in a report on Thursday, August 6th. Bank of America reaffirmed a "neutral" rating and set a $400.00 price objective (down from $430.00) on shares of AppLovin in a research note on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft dropped their price objective on AppLovin from $660.00 to $580.00 and set a "buy" rating on the stock in a research note on Thursday, August 6th. UBS Group reduced their target price on AppLovin from $798.00 to $790.00 and set a "buy" rating on the stock in a report on Thursday, August 6th. Finally, Weiss Ratings raised AppLovin from a "hold (c)" rating to a "hold (c+)" rating in a research note on Friday, October 16th. Three analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and eight have issued a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $507.75.

AppLovin 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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