The Manufacturers Life Insurance Company Buys 623,815 Shares of AppLovin Corporation $APP

Key Points

• The Manufacturers Life Insurance Company increased its AppLovin stake by 409.6% in the second quarter, purchasing 623,815 shares and bringing its holdings to 776,097 shares worth approximately $399.9 million.
• AppLovin reported 52.8% year-over-year quarterly revenue growth to $1.92 billion and earnings of $3.76 per share, matching analysts’ expectations. Shares recently traded near $314.49, close to the company’s 52-week low of $297.50.
• Two directors sold AppLovin shares, while analysts remained generally positive: the stock has a consensus “Moderate Buy” rating and an average price target of $538.09, despite several recent target reductions.

The Manufacturers Life Insurance Company grew its stake in shares of AppLovin Corporation (NASDAQ:APP - Free Report) by 409.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 776,097 shares of the company's stock after purchasing an additional 623,815 shares during the period. The Manufacturers Life Insurance Company owned approximately 0.23% of AppLovin worth $399,868,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cassaday & Co Wealth Management LLC acquired a new position in AppLovin during the 1st quarter worth approximately $25,000. Mcguire Capital Advisors Inc. bought a new stake in shares of AppLovin during the fourth quarter valued at approximately $27,000. Pioneer Family Office LLC bought a new stake in shares of AppLovin during the second quarter valued at approximately $31,000. First Pacific Financial acquired a new position in shares of AppLovin during the first quarter worth approximately $33,000. Finally, IMA Advisory Services Inc. raised its position in shares of AppLovin by 40.0% during the first quarter. IMA Advisory Services Inc. now owns 84 shares of the company's stock worth $33,000 after purchasing an additional 24 shares during the period. Institutional investors own 41.85% of the company's stock.

Insider Transactions at AppLovin

In related news, Director Eduardo Vivas sold 163,910 shares of AppLovin stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $504.06, for a total value of $82,620,474.60. Following the sale, the director owned 6,785,087 shares of the company's stock, valued at approximately $3,420,090,953.22. The trade was a 2.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Maynard G. Webb, Jr. sold 3,076 shares of the company's stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $521.29, for a total value of $1,603,488.04. Following the completion of the transaction, the director owned 120,444 shares in the company, valued at approximately $62,786,252.76. The trade was a 2.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 12.81% of the stock is owned by insiders.

AppLovin Trading Up 3.1%

Shares of APP stock opened at $314.49 on Friday. The company has a market capitalization of $105.24 billion, a price-to-earnings ratio of 24.17, a PEG ratio of 0.64 and a beta of 2.49. The company has a debt-to-equity ratio of 1.11, a quick ratio of 4.30 and a current ratio of 4.30. The company has a 50-day simple moving average of $377.52 and a two-hundred day simple moving average of $438.09. AppLovin Corporation has a 52-week low of $297.50 and a 52-week high of $745.61.

AppLovin (NASDAQ:APP - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $3.76 EPS for the quarter, hitting analysts' consensus estimates of $3.76. The business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.94 billion. AppLovin had a return on equity of 193.10% and a net margin of 64.58%.AppLovin's quarterly revenue was up 52.8% compared to the same quarter last year. During the same period last year, the company posted $2.39 earnings per share. Research analysts anticipate that AppLovin Corporation will post 15.53 EPS for the current fiscal year.

Trending Headlines about AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin’s shares rallied alongside parts of the ad-tech sector, with investors focusing on second-quarter revenue growth of roughly 53% year over year and expectations for an AI-advertising rebound. AppLovin Corp stock rises 4 percent as Q2 2026 growth and AI ad-tech rebound draw buyers
• Positive Sentiment: The company’s operating fundamentals remain highly profitable: trailing-12-month operating margin widened to 77.4% from 69.6% a year earlier. Its proprietary AI tools and scaled software platform also support industry-leading net margins, a potential advantage over other technology and advertising companies. Should You Buy AppLovin Stock For Its Widening Margin? AppLovin vs. Reddit: Which Technology Stock Is a Better Buy in 2026?
• Neutral Sentiment: Reported short-interest data showed zero shares and zero days to cover, but the figures appear inconsistent and provide little actionable insight for investors. Short interest report
• Negative Sentiment: Despite rapid revenue growth, AppLovin has fallen sharply since December because growth has decelerated for several quarters and improvements from its models have arrived unevenly, making future expansion difficult for the market to price. Why Is AppLovin Stock Trading Near Its Low While Revenue Keeps Growing?
• Negative Sentiment: Analyst caution remains a headwind, with reports highlighting a downgrade and a pessimistic price forecast. AppLovin stock price down after analyst downgrade BTIG Research Issues Pessimistic Forecast for AppLovin

Wall Street Analysts Forecast Growth

APP has been the subject of several research reports. William Blair set a $440.00 price target on shares of AppLovin in a research report on Monday, August 17th. Needham & Company LLC lowered their price objective on shares of AppLovin from $500.00 to $475.00 and set a "buy" rating on the stock in a report on Wednesday, August 26th. Wells Fargo & Company reduced their price objective on shares of AppLovin from $357.00 to $325.00 and set an "equal weight" rating for the company in a report on Wednesday, August 19th. Piper Sandler reduced their price objective on shares of AppLovin from $385.00 to $325.00 and set a "neutral" rating for the company in a report on Friday, August 21st. Finally, Phillip Securities raised shares of AppLovin from a "moderate buy" rating to a "strong-buy" rating in a research report on Tuesday, August 11th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $538.09.

About AppLovin

AppLovin Corporation NASDAQ: APP is a technology company that provides software and services designed to help mobile application developers grow their businesses. Its platform supports user acquisition, advertising, monetization, measurement and other functions that enable developers to attract users and generate revenue from their applications.

AppLovin's offerings include AXON, an artificial-intelligence-powered software engine used to optimize advertising and user-acquisition campaigns; MAX, a platform for managing in-app advertising and mediation; and AppDiscovery, which helps developers promote their applications.

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