Picton Mahoney Asset Management Acquires 2,307 Shares of AppLovin Corporation $APP

Key Points

• Picton Mahoney boosted its stake in AppLovin by 67.4% in Q3, buying 2,307 shares to hold 5,730 shares worth about $4.12 million at quarter-end.
• An insider sale occurred: director Victoria Valenzuela sold 7,609 shares for roughly $5.0 million (a 2.67% reduction), and corporate insiders now own about 13.66% of the company.
• AppLovin beat Q4 expectations on both EPS ($3.24 vs. $2.89) and revenue ($1.66B vs. $1.61B), and analysts maintain a consensus of “Moderate Buy” with an average price target of about $654.50 (21 Buys, 4 Holds).

Picton Mahoney Asset Management boosted its holdings in AppLovin Corporation (NASDAQ:APP - Free Report) by 67.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,730 shares of the company's stock after purchasing an additional 2,307 shares during the quarter. Picton Mahoney Asset Management's holdings in AppLovin were worth $4,119,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. LFA Lugano Financial Advisors SA bought a new stake in shares of AppLovin in the 2nd quarter valued at $26,000. Chilton Capital Management LLC acquired a new stake in AppLovin in the third quarter worth $29,000. Activest Wealth Management grew its holdings in AppLovin by 760.0% in the third quarter. Activest Wealth Management now owns 43 shares of the company's stock worth $31,000 after purchasing an additional 38 shares during the period. Twin Peaks Wealth Advisors LLC bought a new stake in AppLovin in the second quarter valued at $33,000. Finally, Heartwood Wealth Advisors LLC acquired a new position in shares of AppLovin during the third quarter valued at about $33,000. 41.85% of the stock is currently owned by institutional investors.

Insider Transactions at AppLovin

In other AppLovin news, insider Victoria Valenzuela sold 7,609 shares of the company's stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $657.13, for a total value of $5,000,102.17. Following the completion of the sale, the insider directly owned 277,110 shares of the company's stock, valued at approximately $182,097,294.30. This represents a 2.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Dawson Alyssa Harvey sold 150 shares of AppLovin stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $693.32, for a total transaction of $103,998.00. Following the transaction, the director directly owned 2,829 shares in the company, valued at approximately $1,961,402.28. This represents a 5.04% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 13.66% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on APP shares. Arete Research set a $340.00 target price on AppLovin and gave the company a "neutral" rating in a research note on Monday. Piper Sandler reissued an "overweight" rating and issued a $650.00 price objective (down from $800.00) on shares of AppLovin in a research note on Thursday, February 12th. UBS Group set a $740.00 target price on AppLovin in a research report on Thursday, February 12th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $700.00 target price on shares of AppLovin in a report on Thursday, February 12th. Finally, Wedbush lifted their price target on shares of AppLovin from $465.00 to $640.00 and gave the company an "outperform" rating in a research report on Thursday, February 12th. Twenty-one investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $654.50.

AppLovin News Summary

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Company expanding Axon 2.0 beyond gaming into Prospecting, Discovery and upcoming lead‑generation campaigns (targeting auto, insurance, subscription verticals) — this diversification could grow addressable ad spend and reduce reliance on gaming monetization. AppLovin Expands Axon 2.0 As Investors Weigh Non Gaming Growth Potential
• Positive Sentiment: Recent analyst upgrades (Arete Research and others) and bullish commentary after strong Q4 results are lifting sentiment — analysts cite AppLovin’s AI/monetization momentum and improving software/ads fundamentals. AppLovin Upgraded at Arete Research Analysts Positive After Q4 Results
• Neutral Sentiment: Oppenheimer trimmed its price target from $740 to $660 but kept an “outperform” rating — still implies significant upside, so this is a mixed signal rather than a sell catalyst. Oppenheimer Lowers Price Target
• Neutral Sentiment: Company participated in the Morgan Stanley TMT conference (management access and investor Q&A) — supports transparency and could help re‑rate the stock if message resonates. AppLovin to Participate in Morgan Stanley Conference
• Neutral Sentiment: Published short‑interest notes in the feed show zero/NaN values (likely data error) — no actionable signal from short‑interest figures as reported.
• Negative Sentiment: Ongoing SEC investigation and heightened app‑store regulatory scrutiny create an overhang — potential for higher compliance costs, disclosure risk, or operational changes that could pressure margins if escalated. Regulatory Scrutiny Raises Questions

AppLovin Stock Up 5.3%

APP stock opened at $508.56 on Friday. The firm has a market capitalization of $171.53 billion, a PE ratio of 52.16, a P/E/G ratio of 0.99 and a beta of 2.51. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 1.65. AppLovin Corporation has a twelve month low of $200.50 and a twelve month high of $745.61. The stock's 50 day moving average is $518.43 and its 200-day moving average is $571.29.

AppLovin (NASDAQ:APP - Get Free Report) last issued its quarterly earnings data on Wednesday, February 11th. The company reported $3.24 earnings per share for the quarter, beating the consensus estimate of $2.89 by $0.35. AppLovin had a return on equity of 245.64% and a net margin of 57.42%.The business had revenue of $1.66 billion for the quarter, compared to analysts' expectations of $1.61 billion. During the same period last year, the business earned $1.73 EPS. The business's revenue was up 66.0% on a year-over-year basis. Sell-side analysts expect that AppLovin Corporation will post 6.87 EPS for the current fiscal year.

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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