Demars Financial Group LLC Acquires New Shares in AppLovin Corporation $APP

Key Points

• Demars Financial Group acquired 4,000 AppLovin shares worth approximately $1.16 million in the third quarter, while institutional investors collectively own 41.85% of the company.
• Analysts remain broadly positive, with AppLovin holding a “Moderate Buy” consensus rating and an average price target of $507.75, although several firms recently lowered their targets.
• AppLovin reported 52.8% year-over-year revenue growth and $3.76 in quarterly EPS, but its shares have fallen near a 52-week low amid concerns over AI-model performance and a pending securities class-action lawsuit.

Demars Financial Group LLC acquired a new stake in AppLovin Corporation (NASDAQ:APP - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 4,000 shares of the company's stock, valued at approximately $1,162,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. State Street Corp raised its stake in AppLovin by 28.3% in the 2nd quarter. State Street Corp now owns 15,095,667 shares of the company's stock valued at $7,777,741,000 after acquiring an additional 3,328,338 shares during the period. WCM Investment Management LLC grew its position in shares of AppLovin by 5.2% during the 1st quarter. WCM Investment Management LLC now owns 5,001,600 shares of the company's stock worth $1,860,995,000 after purchasing an additional 245,290 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in AppLovin by 7.5% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,735,471 shares of the company's stock worth $894,167,000 after acquiring an additional 121,605 shares during the period. Bank of New York Mellon Corp bought a new position in shares of AppLovin in the second quarter worth $730,015,000. Finally, Amundi increased its holdings in AppLovin by 19.5% in the 2nd quarter. Amundi now owns 1,332,633 shares of the company's stock valued at $686,612,000 after buying an additional 217,214 shares during the period. 41.85% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Bank of America restated a "neutral" rating and set a $400.00 price objective (down from $430.00) on shares of AppLovin in a research report on Tuesday, August 11th. Weiss Ratings raised AppLovin from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, October 16th. Wedbush decreased their price target on AppLovin from $610.00 to $560.00 and set an "outperform" rating on the stock in a research note on Wednesday, October 14th. Citigroup reduced their price objective on AppLovin from $600.00 to $500.00 and set a "buy" rating on the stock in a research note on Monday. Finally, Morgan Stanley decreased their target price on AppLovin from $450.00 to $400.00 and set an "overweight" rating on the stock in a research report on Tuesday, October 13th. Three 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 company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $507.75.

AppLovin Stock Performance

NASDAQ APP opened at $264.28 on Friday. The firm's fifty day moving average price is $301.15 and its two-hundred day moving average price is $408.12. The stock has a market cap of $88.44 billion, a PE ratio of 20.31, a PEG ratio of 0.56 and a beta of 2.56. AppLovin Corporation has a fifty-two week low of $260.59 and a fifty-two week high of $738.01. The company has a debt-to-equity ratio of 1.11, a quick ratio of 4.30 and a current ratio of 4.30.

AppLovin (NASDAQ:APP - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $3.76 EPS for the quarter, meeting analysts' consensus estimates of $3.76. AppLovin had a return on equity of 193.10% and a net margin of 64.58%. The company had revenue of $1.92 billion during the quarter, compared to analysts' expectations of $1.94 billion. During the same period in the prior year, the company earned $2.39 EPS. AppLovin's revenue was up 52.8% compared to the same quarter last year. On average, equities analysts expect that AppLovin Corporation will post 15.67 EPS for the current fiscal year.

Key Stories Impacting 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

About AppLovin

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.

Want to see what other hedge funds are holding APP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AppLovin Corporation (NASDAQ:APP - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.