ABN Amro Investment Solutions Buys New Holdings in AppLovin Corporation $APP

ABN Amro Investment Solutions bought a new stake in shares of AppLovin Corporation (NASDAQ:APP) during the 2nd quarter, according to its most recent filing with the SEC. The fund bought 6,867 shares of the company’s stock, valued at approximately $2,404,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Revolve Wealth Partners LLC bought a new position in shares of AppLovin in the fourth quarter valued at approximately $294,000. Bison Wealth LLC bought a new stake in shares of AppLovin in the 4th quarter valued at $239,000. Sigma Planning Corp lifted its holdings in shares of AppLovin by 20.7% during the 1st quarter. Sigma Planning Corp now owns 3,026 shares of the company’s stock valued at $802,000 after purchasing an additional 519 shares in the last quarter. Apollon Wealth Management LLC lifted its position in AppLovin by 35.0% in the 1st quarter. Apollon Wealth Management LLC now owns 4,141 shares of the company’s stock valued at $1,097,000 after acquiring an additional 1,073 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. boosted its position in shares of AppLovin by 59.5% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 201 shares of the company’s stock worth $53,000 after buying an additional 75 shares during the period. Institutional investors and hedge funds own 41.85% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on APP. Phillip Securities raised shares of AppLovin to a “moderate buy” rating in a research report on Monday, September 29th. Benchmark increased their price objective on AppLovin from $640.00 to $700.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Scotiabank raised their price objective on AppLovin from $575.00 to $750.00 and gave the stock an “outperform” rating in a research note on Thursday, November 6th. Jefferies Financial Group lifted their price objective on shares of AppLovin from $560.00 to $615.00 and gave the company a “buy” rating in a research note on Friday, September 5th. Finally, Needham & Company LLC restated a “hold” rating on shares of AppLovin in a research report on Tuesday, August 26th. Twenty-one investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, AppLovin has an average rating of “Moderate Buy” and an average target price of $658.27.

AppLovin Trading Up 0.3%

NASDAQ APP opened at $557.70 on Friday. The business has a 50 day simple moving average of $615.01 and a 200 day simple moving average of $461.69. The stock has a market capitalization of $188.47 billion, a P/E ratio of 67.68, a P/E/G ratio of 2.98 and a beta of 2.50. The company has a debt-to-equity ratio of 2.38, a current ratio of 3.25 and a quick ratio of 3.25. AppLovin Corporation has a one year low of $200.50 and a one year high of $745.61.

AppLovin (NASDAQ:APP) last issued its earnings results on Wednesday, November 5th. The company reported $2.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.34 by $0.11. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. AppLovin had a net margin of 51.27% and a return on equity of 258.49%. AppLovin’s revenue was up 68.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.29 earnings per share. AppLovin has set its Q4 2025 guidance at EPS. Research analysts expect that AppLovin Corporation will post 6.87 earnings per share for the current year.

Insiders Place Their Bets

In other AppLovin news, Director Craig Scott Billings sold 2,350 shares of the business’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $592.92, for a total transaction of $1,393,362.00. Following the completion of the sale, the director owned 3,707 shares in the company, valued at approximately $2,197,954.44. The trade was a 38.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Dawson Alyssa Harvey sold 200 shares of the company’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $589.18, for a total transaction of $117,836.00. Following the completion of the sale, the director owned 2,979 shares in the company, valued at $1,755,167.22. This represents a 6.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 484,338 shares of company stock worth $243,010,812 in the last quarter. Insiders own 13.66% of the company’s stock.

AppLovin Profile

AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally. It operates through two segments, Software Platform and Apps. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; MAX, an in-app bidding software that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform that provides marketers with the visibility, insights, and tools needed to grow their apps from early stage to maturity; and Wurl, a connected TV platform, which distributes streaming video for content companies and provides advertising and publishing solutions through its AdPool, ContentDiscovery, and Global FAST Pass products.