IFP Advisors Inc Purchases 14,197 Shares of AppLovin Corporation $APP

Key Points

• IFP Advisors increased its AppLovin stake by 285.7% in the third quarter, adding 14,197 shares for a total of 19,167 shares valued at approximately $5.57 million.
• AppLovin reported quarterly EPS of $3.76, in line with estimates, while revenue rose 52.8% year over year to $1.92 billion but fell slightly short of expectations. The stock opened at $266.13, near its 52-week low of $260.59.
• Analysts remain broadly positive, with a “Moderate Buy” consensus and an average price target of $511.32, although several firms have recently lowered their targets. Investors are also monitoring legal claims and concerns about the pace of AI-driven growth.

IFP Advisors Inc boosted its position in AppLovin Corporation (NASDAQ:APP - Free Report) by 285.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,167 shares of the company's stock after acquiring an additional 14,197 shares during the quarter. IFP Advisors Inc's holdings in AppLovin were worth $5,567,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in APP. Signature Estate & Investment Advisors LLC increased its holdings in AppLovin by 3,695.3% in the second quarter. Signature Estate & Investment Advisors LLC now owns 76,361 shares of the company's stock valued at $39,345,000 after buying an additional 74,349 shares during the last quarter. Insight Wealth Strategies LLC purchased a new stake in AppLovin during the 2nd quarter worth about $6,939,000. Generate Investment Management Ltd purchased a new stake in AppLovin during the 2nd quarter worth about $7,226,000. Nykredit A S acquired a new position in shares of AppLovin during the 2nd quarter worth about $41,902,000. Finally, Saudi Central Bank boosted its position in shares of AppLovin by 88.7% during the 2nd quarter. Saudi Central Bank now owns 16,070 shares of the company's stock worth $8,280,000 after acquiring an additional 7,555 shares in the last quarter. Hedge funds and other institutional investors own 41.85% of the company's stock.

AppLovin Stock Performance

APP opened at $266.13 on Monday. The firm has a market cap of $89.06 billion, a price-to-earnings ratio of 20.46, a price-to-earnings-growth ratio of 0.56 and a beta of 2.56. AppLovin Corporation has a 52 week low of $260.59 and a 52 week high of $738.01. The business's 50 day moving average is $305.16 and its two-hundred day moving average is $411.53. 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 announced its 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 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 in the prior year, the company earned $2.39 earnings per share. The business's revenue was up 52.8% compared to the same quarter last year. On average, research analysts predict that AppLovin Corporation will post 15.67 EPS for the current year.

AppLovin News Summary

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Wedbush said its checks indicate advertisers maintained spending during the third quarter and could increase budgets in the fourth quarter as e-commerce activity improves. The firm views upcoming third-quarter results as an important test of AppLovin’s model updates. AppLovin Q3 seen by Wedbush as key test of model update
• Positive Sentiment: Some commentary remains constructive, highlighting AppLovin’s ability to convert artificial-intelligence technology into profitable advertising applications and its potential expansion beyond mobile gaming. Third-quarter results, scheduled for November 4, could provide a near-term catalyst if revenue growth and AI monetization remain resilient. 3 Stocks That Prove the AI Trade Isn't Over
• Neutral Sentiment: Multiple law firms are promoting the same securities class action filed against AppLovin and certain executives. The case covers investors who purchased securities from February 12 through August 5, 2026, with a November 16 deadline to seek lead-plaintiff status. The allegations concern disclosures about AI-product revenue growth and the self-service application; the claims have not been proven. Pomerantz AppLovin class action announcement
• Negative Sentiment: The legal overhang reinforces investor concerns that AppLovin may have overstated the pace of AI model improvement and future growth. Those concerns follow a July analyst report and the company’s August earnings release, which showed revenue below expectations despite 52.8% year-over-year growth. A separate analyst downgrade and doubts about whether online retailers will adopt AppLovin’s newer advertising platform are adding to the selling pressure. AppLovin Stock Has One Thing Left To Prove

Analyst Upgrades and Downgrades

A number of research firms have recently commented on APP. Benchmark dropped their price objective on AppLovin from $500.00 to $440.00 and set a "buy" rating on the stock in a report on Monday, August 17th. William Blair set a $440.00 target price on AppLovin in a research note on Monday, August 17th. The Goldman Sachs Group decreased their target price on AppLovin from $465.00 to $400.00 and set a "neutral" rating for the company in a research note on Wednesday. Citigroup reaffirmed a "buy" rating and issued a $600.00 price target (down from $650.00) on shares of AppLovin in a report on Friday, September 11th. Finally, Evercore reiterated an "outperform" rating and issued a $510.00 price target (down from $630.00) on shares of AppLovin in a research note on Tuesday, September 1st. 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's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $511.32.

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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