AppLovin Corporation $APP Stock Position Reduced by Chicago Capital LLC

Chicago Capital LLC decreased its stake in AppLovin Corporation (NASDAQ:APP) by 57.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 643 shares of the company’s stock after selling 872 shares during the quarter. Chicago Capital LLC’s holdings in AppLovin were worth $462,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Norges Bank purchased a new stake in shares of AppLovin during the second quarter worth $951,541,000. National Pension Service raised its stake in shares of AppLovin by 82.2% during the 2nd quarter. National Pension Service now owns 790,271 shares of the company’s stock worth $276,658,000 after purchasing an additional 356,443 shares in the last quarter. Voya Investment Management LLC raised its stake in shares of AppLovin by 235.5% during the 3rd quarter. Voya Investment Management LLC now owns 496,560 shares of the company’s stock worth $356,800,000 after purchasing an additional 348,548 shares in the last quarter. Strs Ohio acquired a new stake in shares of AppLovin during the 1st quarter valued at about $86,173,000. Finally, Canada Pension Plan Investment Board grew its stake in shares of AppLovin by 204.8% in the 2nd quarter. Canada Pension Plan Investment Board now owns 425,622 shares of the company’s stock valued at $149,002,000 after buying an additional 285,970 shares in the last quarter. Institutional investors and hedge funds own 41.85% of the company’s stock.

AppLovin Stock Down 2.5%

AppLovin stock opened at $617.24 on Wednesday. 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 fifty-two week low of $200.50 and a fifty-two week high of $745.61. The firm has a fifty day moving average price of $638.84 and a two-hundred day moving average price of $539.20. The firm has a market cap of $208.60 billion, a price-to-earnings ratio of 74.91, a P/E/G ratio of 2.09 and a beta of 2.50.

AppLovin (NASDAQ:APP) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.34 by $0.11. AppLovin had a return on equity of 258.49% and a net margin of 51.27%.The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same period in the previous year, the company posted $1.29 earnings per share. The firm’s revenue for the quarter was up 68.2% on a year-over-year basis. As a group, analysts forecast that AppLovin Corporation will post 6.87 earnings per share for the current year.

AppLovin News Roundup

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Analyst and bull case: several pieces note Wall Street optimism and list APP as a top tech pick for the year, supporting the growth narrative and investor interest. Wall Street Bulls Look Optimistic About AppLovin (APP): Should You Buy?
• Positive Sentiment: Growth thesis reiterated: a Zacks feature lays out three reasons APP can outperform — expanding ad monetization, strong revenue growth and operational leverage. These fundamentals underpin higher valuations if execution continues. Looking for a Growth Stock? 3 Reasons Why AppLovin (APP) is a Solid Choice
• Positive Sentiment: Market-theme support: a roundup of S&P 500 picks includes APP among tech names to watch in the year, which can attract benchmark-driven flows. S&P 500 Continues Its Stellar Run to Open New Year: 4 Solid Picks
• Neutral Sentiment: Increased attention: Zacks reports heavy investor searches for APP, signaling elevated interest and potential for higher volume/volatility but not directional proof. Investors Heavily Search AppLovin Corporation (APP): Here is What You Need to Know
• Neutral Sentiment: Macro/market context: broader market-mover coverage (e.g., investing.com note) may have influenced trading flows; APP moves can be amplified by tech/market leadership shifts. Micron and Lam Research among market cap stock movers on Tuesday
• Negative Sentiment: Near-term weakness: a Zacks piece flagged a daily decline for APP (shares sank while the broader market gained), which can trigger stop-losses and short-term selling pressure. AppLovin (APP) Stock Sinks As Market Gains: Here’s Why
• Negative Sentiment: Volatility/risk warnings: Forbes highlights APP’s history of sharp drawdowns (multiple >30% drops), a reminder that elevated valuation and beta can lead to big reversals. Why AppLovin Stock May Be A Risky Pick?
• Negative Sentiment: Fundamental concern: Seeking Alpha argues APP may face diminishing marginal returns, which would pressure future margin expansion assumptions and valuation. AppLovin May Be Facing Diminishing Marginal Returns

Insider Transactions at AppLovin

In related news, CTO Vasily Shikin sold 27,143 shares of the company’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $545.38, for a total transaction of $14,803,249.34. Following the completion of the transaction, the chief technology officer directly owned 3,323,681 shares in the company, valued at $1,812,669,143.78. This represents a 0.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Eduardo Vivas sold 150,000 shares of the stock in a transaction 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 sale, the director directly owned 7,133,292 shares of the company’s stock, valued at approximately $4,643,131,095.72. This trade represents a 2.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 340,336 shares of company stock worth $200,062,623 over the last three months. 13.66% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several brokerages recently weighed in on APP. Scotiabank raised their price objective on shares of AppLovin from $575.00 to $750.00 and gave the company an “outperform” rating in a research report on Thursday, November 6th. Jefferies Financial Group increased their price target on shares of AppLovin from $800.00 to $860.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Zacks Research upgraded shares of AppLovin from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 1st. Wedbush upped their price objective on shares of AppLovin from $745.00 to $800.00 and gave the stock an “outperform” rating in a report on Thursday, November 6th. Finally, Citigroup lowered their target price on shares of AppLovin from $850.00 to $820.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, AppLovin has a consensus rating of “Moderate Buy” and a consensus price target of $695.90.

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.