HB Wealth Management LLC Grows Stock Holdings in AppLovin Corporation $APP

HB Wealth Management LLC lifted its position in AppLovin Corporation (NASDAQ:APP) by 28.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,562 shares of the company’s stock after purchasing an additional 1,216 shares during the quarter. HB Wealth Management LLC’s holdings in AppLovin were worth $3,997,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Hilltop National Bank purchased a new stake in AppLovin in the second quarter worth approximately $26,000. LFA Lugano Financial Advisors SA bought a new stake in shares of AppLovin in the 2nd quarter worth approximately $26,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of AppLovin in the 2nd quarter valued at $33,000. Heartwood Wealth Advisors LLC bought a new position in shares of AppLovin during the 3rd quarter valued at $33,000. Finally, Hoey Investments Inc. purchased a new position in AppLovin in the 2nd quarter worth $35,000. 41.85% of the stock is currently owned by institutional investors.

AppLovin Trading Up 5.1%

NASDAQ APP opened at $647.72 on Friday. The stock has a market cap of $218.90 billion, a P/E ratio of 78.61, a price-to-earnings-growth ratio of 2.04 and a beta of 2.50. AppLovin Corporation has a fifty-two week low of $200.50 and a fifty-two week high of $745.61. The stock has a 50 day simple moving average of $639.00 and a two-hundred day simple moving average of $542.56. The company has a debt-to-equity ratio of 2.38, a quick ratio of 3.25 and a current ratio of 3.25.

AppLovin (NASDAQ:APP) last posted its earnings results on Wednesday, November 5th. The company reported $2.45 earnings per share (EPS) 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 firm had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.34 billion. During the same period in the previous year, the firm earned $1.29 earnings per share. The business’s revenue was up 68.2% compared to the same quarter last year. On average, analysts forecast that AppLovin Corporation will post 6.87 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Eduardo Vivas sold 150,000 shares of the stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $650.91, for a total value of $97,636,500.00. Following the completion of the transaction, the director directly owned 7,133,292 shares of the company’s stock, valued at $4,643,131,095.72. This represents a 2.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Arash Adam Foroughi sold 30,888 shares of the firm’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $520.29, for a total transaction of $16,070,717.52. Following the completion of the sale, the chief executive officer owned 2,553,161 shares of the company’s stock, valued at $1,328,384,136.69. This trade represents a 1.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 340,336 shares of company stock worth $200,062,623. 13.66% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have issued reports on APP shares. Royal Bank Of Canada upped their price target on shares of AppLovin from $700.00 to $750.00 and gave the company an “outperform” rating in a research report on Thursday, November 6th. Morgan Stanley increased their target price on AppLovin from $480.00 to $750.00 and gave the company an “overweight” rating in a report on Monday, September 29th. Piper Sandler raised their price target on AppLovin from $740.00 to $800.00 and gave the stock an “overweight” rating in a research report on Thursday, November 6th. Weiss Ratings reiterated a “buy (b-)” rating on shares of AppLovin in a research report on Monday, December 29th. Finally, Oppenheimer set a $740.00 price objective on AppLovin in a research note on Tuesday, October 7th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $696.60.

Key AppLovin News

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

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.