MUFG Securities EMEA plc Acquires 5,920 Shares of AppLovin Corporation $APP

Key Points

• MUFG Securities EMEA plc increased its AppLovin stake by 114.2% in the fourth quarter, buying 5,920 additional shares and bringing its total holding to 11,102 shares worth about $7.48 million.
• AppLovin reported better-than-expected Q1 results, with EPS of $3.56 and revenue of $1.84 billion, while revenue jumped 58.9% year over year. The company also posted very strong profitability, including a 219.37% return on equity.
• Wall Street remains broadly bullish on the stock, with several analysts reaffirming or raising price targets, including Needham at $700 and Deutsche Bank at $660. Despite some insider selling, the consensus rating is still Moderate Buy.

MUFG Securities EMEA plc grew its holdings in AppLovin Corporation (NASDAQ:APP - Free Report) by 114.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,102 shares of the company's stock after acquiring an additional 5,920 shares during the quarter. MUFG Securities EMEA plc's holdings in AppLovin were worth $7,481,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. boosted its position in shares of AppLovin by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 25,120,575 shares of the company's stock valued at $16,926,746,000 after acquiring an additional 166,117 shares during the period. State Street Corp boosted its position in shares of AppLovin by 111.1% in the third quarter. State Street Corp now owns 11,852,466 shares of the company's stock valued at $8,516,471,000 after acquiring an additional 6,237,051 shares during the period. Geode Capital Management LLC boosted its position in shares of AppLovin by 6.7% in the fourth quarter. Geode Capital Management LLC now owns 7,167,003 shares of the company's stock valued at $4,817,269,000 after acquiring an additional 448,005 shares during the period. Invesco Ltd. boosted its position in shares of AppLovin by 9.4% in the third quarter. Invesco Ltd. now owns 4,292,752 shares of the company's stock valued at $3,084,514,000 after acquiring an additional 367,083 shares during the period. Finally, Kensico Capital Management Corp boosted its position in shares of AppLovin by 3.1% in the third quarter. Kensico Capital Management Corp now owns 3,118,500 shares of the company's stock valued at $2,240,767,000 after acquiring an additional 95,000 shares during the period. Institutional investors own 41.85% of the company's stock.

AppLovin Price Performance

Shares of NASDAQ APP opened at $613.09 on Monday. The company has a current ratio of 3.24, a quick ratio of 3.24 and a debt-to-equity ratio of 1.49. The company has a market cap of $205.96 billion, a price-to-earnings ratio of 52.67, a PEG ratio of 1.00 and a beta of 2.45. AppLovin Corporation has a 12 month low of $320.00 and a 12 month high of $745.61. The stock has a 50-day moving average price of $456.58 and a two-hundred day moving average price of $520.78.

AppLovin (NASDAQ:APP - Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $3.56 EPS for the quarter, topping the consensus estimate of $3.44 by $0.12. The firm had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.77 billion. AppLovin had a return on equity of 219.37% and a net margin of 64.29%.The business's quarterly revenue was up 58.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.67 earnings per share. As a group, analysts forecast that AppLovin Corporation will post 15.86 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $700.00 price target on shares of AppLovin in a research note on Thursday, February 12th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $660.00 price target on shares of AppLovin in a research note on Thursday, May 7th. The Goldman Sachs Group dropped their price target on AppLovin from $710.00 to $585.00 and set a "neutral" rating for the company in a research note on Thursday, February 12th. Zacks Research downgraded AppLovin from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 12th. Finally, Weiss Ratings downgraded AppLovin from a "hold (c+)" rating to a "hold (c)" rating in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $664.35.

Insiders Place Their Bets

In other AppLovin news, CTO Vasily Shikin sold 62,804 shares of the business's stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $486.43, for a total transaction of $30,549,749.72. Following the completion of the transaction, the chief technology officer owned 3,255,273 shares of the company's stock, valued at approximately $1,583,462,445.39. The trade was a 1.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Eduardo Vivas sold 163,910 shares of the business's stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $453.49, for a total value of $74,331,545.90. Following the transaction, the director directly owned 6,969,382 shares of the company's stock, valued at approximately $3,160,545,043.18. The trade was a 2.30% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 464,016 shares of company stock worth $218,477,985 in the last ninety days. Insiders own 13.66% of the company's stock.

Key Stories Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Needham reaffirmed its Buy rating and lifted its price target to $700, reinforcing the view that AppLovin still has room to run. Needham Reaffirms Buy Rating on AppLovin
• Positive Sentiment: Deutsche Bank also raised its price target to $660 while maintaining a Buy rating, adding to the bullish analyst backdrop. Why Wall Street Still Sees More Upside In AppLovin
• Positive Sentiment: Zacks said AppLovin’s AI-powered ad platform is driving record revenue momentum as demand expands across digital advertising and e-commerce, suggesting the company’s growth story remains intact. AppLovin's Revenue Momentum Reflects AI-Driven Advertising Demand
• Positive Sentiment: Multiple reports noted the stock moved higher after positive analyst commentary tied to strong recent financial results and the upcoming AI advertising platform rollout. Why AppLovin (APP) Stock Is Trading Up Today
• Neutral Sentiment: A Zacks roundup also grouped AppLovin with other growth names, but the mention was largely a general analyst note rather than a new company-specific catalyst. Zacks Analyst Blog Highlights Citigroup, TotalEnergies, AppLovin
• Neutral Sentiment: One analysis compared AppLovin with Coherent and argued COHR has an edge due to valuation and AI infrastructure demand, but this appears more like relative commentary than a direct fundamental setback for APP. Coherent vs. AppLovin: Which AI Growth Stock Is Better Positioned?
• Negative Sentiment: Recent insider selling by CTO Vasily Shikin may temper sentiment somewhat, though the sales were small relative to his remaining holdings and are outweighed by the bullish analyst-driven narrative. AppLovin CTO Insider Sales

AppLovin Profile

AppLovin Corporation is a Palo Alto–based mobile technology company that provides software and services to help app developers grow and monetize their businesses. The company operates a data-driven advertising and marketing platform that connects app publishers and advertisers, delivering tools for user acquisition, monetization, analytics and creative optimization. AppLovin's technology is integrated into a broad set of mobile applications through software development kits (SDKs) and ad products designed to maximize revenue and engagement for developers.

Key components of AppLovin's offering include an ad mediation and exchange platform that enables publishers to manage and monetize inventory across multiple demand sources, and a user-acquisition platform that helps advertisers target and scale campaigns.

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