FengHe Fund Management Pte. Ltd. Has $3.96 Million Holdings in AppLovin Corporation $APP

FengHe Fund Management Pte. Ltd. cut its position in shares of AppLovin Corporation (NASDAQ:APP) by 94.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,505 shares of the company’s stock after selling 86,729 shares during the quarter. FengHe Fund Management Pte. Ltd.’s holdings in AppLovin were worth $3,956,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Hilltop National Bank purchased a new position in AppLovin during the 2nd quarter worth approximately $26,000. LFA Lugano Financial Advisors SA purchased a new stake in shares of AppLovin in the second quarter valued at $26,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of AppLovin in the second quarter worth $33,000. Heartwood Wealth Advisors LLC purchased a new position in shares of AppLovin during the third quarter valued at $33,000. Finally, Hoey Investments Inc. acquired a new position in AppLovin during the second quarter valued at $35,000. 41.85% of the stock is owned by hedge funds and other institutional investors.

AppLovin Stock Up 5.1%

APP stock opened at $647.72 on Friday. The firm has a market cap of $218.90 billion, a PE ratio of 78.61, a PEG ratio of 2.04 and a beta of 2.50. AppLovin Corporation has a 1 year low of $200.50 and a 1 year high of $745.61. The company has a fifty day simple moving average of $639.00 and a 200 day simple moving average of $542.56. The company has a current ratio of 3.25, a quick ratio of 3.25 and a debt-to-equity ratio of 2.38.

AppLovin (NASDAQ:APP) last posted its 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 for the quarter, compared to analyst estimates of $1.34 billion. During the same period last year, the company earned $1.29 earnings per share. The business’s revenue was up 68.2% compared to the same quarter last year. Sell-side analysts anticipate that AppLovin Corporation will post 6.87 EPS for the current fiscal year.

Insider Activity at AppLovin

In related news, CTO Vasily Shikin sold 27,143 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $545.38, for a total value of $14,803,249.34. Following the completion of the sale, the chief technology officer directly owned 3,323,681 shares in the company, valued at approximately $1,812,669,143.78. The trade was 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, CEO Arash Adam Foroughi sold 30,888 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $520.29, for a total value of $16,070,717.52. Following the sale, the chief executive officer directly owned 2,553,161 shares of the company’s stock, valued at $1,328,384,136.69. The trade was a 1.20% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 340,336 shares of company stock valued at $200,062,623. Corporate insiders own 13.66% of the company’s stock.

AppLovin News Summary

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Benchmark reiterated a Buy on APP with a $775 price target (Mike Hickey, Jan. 6); the coverage note (which cites continued confidence in AppLovin’s growth) reinforces upward analyst momentum and likely contributed to buying interest. Benchmark Reiterates Buy InsiderMonkey Coverage
• Positive Sentiment: High-profile media endorsement — Jim Cramer said he “can’t name a single competitor to AppLovin,” a bullish narrative that can attract momentum buyers and retail interest. Cramer Says No Competitor
• Neutral Sentiment: Zacks published a piece comparing Skillsoft (SKIL) and AppLovin (APP) for value-oriented investors — useful context on sector valuation but it’s comparative rather than company-specific news that would immediately move APP. Zacks SKIL vs APP
• Neutral Sentiment: 247WallSt published a forward-looking price forecast noting AppLovin’s stock recovery after last year’s decline and citing better-than-expected quarterly results — supportive narrative but inherently speculative. 247WallSt Forecast
• Neutral Sentiment: Bristlemoon Global Fund published its Q4 2025 report (institutional activity/context). These fund reports can signal shifting ownership but the entry provided doesn’t note a clear, direct trade action for APP. Bristlemoon Q4 Report
• Neutral Sentiment: A general “3 growth stocks” roundup appeared on The Motley Fool; it offers sector context but is not APP-specific in the provided entry and is unlikely to be a primary driver of APP’s move. Fool Growth Stocks

Wall Street Analyst Weigh In

A number of equities research analysts have commented on APP shares. BTIG Research restated a “buy” rating and set a $771.00 price objective on shares of AppLovin in a research report on Wednesday, December 17th. Benchmark raised their price target on shares of AppLovin from $700.00 to $775.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Oppenheimer set a $740.00 price objective on shares of AppLovin in a research note on Tuesday, October 7th. UBS Group reiterated a “buy” rating and issued a $775.00 target price on shares of AppLovin in a research report on Thursday, December 11th. Finally, Morgan Stanley boosted their price target on shares of AppLovin from $480.00 to $750.00 and gave the company an “overweight” rating in a report on Monday, September 29th. 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. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $696.60.

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.