BLI Banque de Luxembourg Investments Purchases New Shares in AppLovin Corporation $APP

BLI Banque de Luxembourg Investments acquired a new stake in shares of AppLovin Corporation (NASDAQ:APP) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 7,000 shares of the company’s stock, valued at approximately $2,336,000.

Several other institutional investors have also recently made changes to their positions in the company. RWA Wealth Partners LLC boosted its holdings in AppLovin by 0.4% during the second quarter. RWA Wealth Partners LLC now owns 7,680 shares of the company’s stock worth $2,689,000 after purchasing an additional 33 shares during the last quarter. Fortitude Family Office LLC lifted its position in shares of AppLovin by 32.7% during the 2nd quarter. Fortitude Family Office LLC now owns 138 shares of the company’s stock worth $48,000 after buying an additional 34 shares in the last quarter. GSG Advisors LLC lifted its position in shares of AppLovin by 0.3% during the 1st quarter. GSG Advisors LLC now owns 10,256 shares of the company’s stock worth $2,820,000 after buying an additional 35 shares in the last quarter. PFG Advisors boosted its stake in shares of AppLovin by 1.2% in the 2nd quarter. PFG Advisors now owns 3,203 shares of the company’s stock worth $1,121,000 after buying an additional 37 shares during the last quarter. Finally, Opinicus Capital Inc. grew its holdings in shares of AppLovin by 5.0% in the second quarter. Opinicus Capital Inc. now owns 800 shares of the company’s stock valued at $280,000 after acquiring an additional 38 shares in the last quarter. Institutional investors own 41.85% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Bank of America lifted their price target on AppLovin from $580.00 to $860.00 and gave the stock a “buy” rating in a report on Wednesday, October 1st. Benchmark lifted their target price on AppLovin from $640.00 to $700.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. JPMorgan Chase & Co. boosted their price target on shares of AppLovin from $425.00 to $650.00 and gave the stock a “neutral” rating in a report on Thursday, November 6th. UBS Group increased their price target on shares of AppLovin from $810.00 to $840.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Finally, Wall Street Zen lowered shares of AppLovin from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. 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, the company has a consensus rating of “Moderate Buy” and a consensus price target of $658.27.

AppLovin Trading Up 2.5%

Shares of APP stock opened at $601.00 on Monday. The stock has a market capitalization of $203.11 billion, a price-to-earnings ratio of 72.94, a PEG ratio of 3.22 and a beta of 2.51. The company’s fifty day simple moving average is $607.52 and its two-hundred day simple moving average is $480.22. AppLovin Corporation has a 1 year low of $200.50 and a 1 year high of $745.61. 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 (NASDAQ:APP) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.34 by $0.11. AppLovin had a return on equity of 258.49% and a net margin of 51.27%.The company had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.34 billion. During the same period in the previous year, the business earned $1.29 earnings per share. The firm’s quarterly revenue was up 68.2% compared to the same quarter last year. AppLovin has set its Q4 2025 guidance at EPS. As a group, analysts anticipate that AppLovin Corporation will post 6.87 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Eduardo Vivas sold 150,000 shares of the business’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $650.91, for a total transaction of $97,636,500.00. Following the completion of the transaction, the director owned 7,133,292 shares of the company’s stock, valued at approximately $4,643,131,095.72. The trade was a 2.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Victoria Valenzuela sold 35,000 shares of the company’s stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $502.23, for a total transaction of $17,578,050.00. Following the sale, the insider directly owned 269,955 shares in the company, valued at $135,579,499.65. This trade represents a 11.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 367,927 shares of company stock worth $212,707,362 over the last quarter. 13.66% of the stock is owned by corporate insiders.

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.