AppLovin Corporation $APP Stock Position Decreased by Accuvest Global Advisors

Key Points

• Accuvest Global Advisors cut its AppLovin position by 65.2% in the third quarter, selling 3,976 shares and retaining 2,119 shares worth about $615,000.
• Institutional investors showed mixed activity: several firms increased or initiated positions, and institutions collectively owned 41.85% of AppLovin’s stock.
• AppLovin beat third-quarter earnings and revenue estimates, with revenue up 55.5% year over year. Analysts’ consensus rating was Moderate Buy, with an average price target of $497.93, though individual ratings and targets varied.

Accuvest Global Advisors cut its holdings in AppLovin Corporation (NASDAQ:APP - Free Report) by 65.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,119 shares of the company's stock after selling 3,976 shares during the quarter. Accuvest Global Advisors' holdings in AppLovin were worth $615,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. University of Texas Texas AM Investment Management Co. boosted its stake in AppLovin by 25.4% in the 3rd quarter. University of Texas Texas AM Investment Management Co. now owns 8,195 shares of the company's stock worth $2,380,000 after purchasing an additional 1,659 shares during the period. Paragon Advisors LLC increased its holdings in AppLovin by 32.1% during the 3rd quarter. Paragon Advisors LLC now owns 6,167 shares of the company's stock worth $1,791,000 after purchasing an additional 1,498 shares in the last quarter. Avantax Planning Partners Inc. bought a new position in AppLovin during the 3rd quarter worth about $1,099,000. Brighton Jones LLC raised its stake in shares of AppLovin by 56.8% in the 3rd quarter. Brighton Jones LLC now owns 2,129 shares of the company's stock valued at $618,000 after purchasing an additional 771 shares during the period. Finally, Candriam S.C.A. raised its stake in shares of AppLovin by 25.7% in the 3rd quarter. Candriam S.C.A. now owns 43,274 shares of the company's stock valued at $12,568,000 after purchasing an additional 8,838 shares during the period. 41.85% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently commented on APP. Wells Fargo & Company boosted their price target on AppLovin from $325.00 to $347.00 and gave the company an "equal weight" rating in a report on Friday. Needham & Company LLC reiterated a "buy" rating and set a $475.00 price objective on shares of AppLovin in a report on Thursday. Weiss Ratings upgraded AppLovin from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, October 16th. The Goldman Sachs Group lifted their target price on AppLovin from $400.00 to $445.00 and gave the company a "neutral" rating in a research report on Thursday. Finally, Daiwa Securities Group cut their target price on AppLovin from $569.00 to $345.00 and set an "outperform" rating on the stock in a research note on Wednesday, August 19th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $497.93.

Key Stories Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin reported Q3 revenue of $2.18 billion, up 55.5% year over year, and EPS of $4.30, beating analyst estimates. Net income rose 72% to $1.44 billion, with a net margin near 66%. AppLovin Q3 results
• Positive Sentiment: Q4 revenue guidance of $2.365 billion–$2.395 billion came in above expectations, supporting hopes that growth from AppLovin’s AI-powered advertising models can continue as their rollout expands. CEO Adam Foroughi also said the business could grow roughly 30% annually over the long term. CEO comments on long-term growth
• Positive Sentiment: The company expanded its share repurchase authorization to $3.6 billion, while strong cash generation gives it capacity to return capital to shareholders. Cash generation and buyback
• Neutral Sentiment: Analyst views are mixed: RBC and Oppenheimer raised their targets to $520 and reiterated positive ratings, while Wells Fargo’s raised $347 target remains below the shares’ recent trading level and carries an equal-weight rating. Analyst target changes
• Negative Sentiment: Multiple law firms publicized a pending securities class action covering investors who bought shares from February 12 through August 5, 2026. The suit alleges misleading statements about AI-model readiness and adoption of self-service ad tools; the allegations are not established findings, but the litigation could create uncertainty. The lead-plaintiff deadline is November 16. Class-action notice

AppLovin Price Performance

NASDAQ:APP opened at $391.22 on Monday. AppLovin Corporation has a 12-month low of $225.19 and a 12-month high of $738.01. The firm has a market capitalization of $130.92 billion, a price-to-earnings ratio of 26.33, a P/E/G ratio of 0.81 and a beta of 2.51. The stock's 50 day moving average price is $293.36 and its two-hundred day moving average price is $409.91. The company has a quick ratio of 3.80, a current ratio of 3.80 and a debt-to-equity ratio of 1.07.

AppLovin (NASDAQ:APP - Get Free Report) last issued its earnings results on Wednesday, November 4th. The company reported $4.30 EPS for the quarter, topping the consensus estimate of $4.03 by $0.27. The company had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.07 billion. AppLovin had a return on equity of 182.97% and a net margin of 65.89%. The firm's revenue for the quarter was up 55.5% compared to the same quarter last year. During the same period in the previous year, the company posted $2.45 EPS. On average, analysts anticipate that AppLovin Corporation will post 16.18 earnings per share for the current year.

About AppLovin

AppLovin is a technology company that provides software to help mobile app developers and advertisers grow their businesses. Its platform connects advertisers seeking users with app publishers looking to monetize their audiences, using data and machine-learning tools to support advertising and user acquisition.

The company's products include AXON, its advertising optimization engine; AppDiscovery, which helps advertisers find and acquire users; and MAX, a platform for managing in-app advertising.

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