iA Global Asset Management Inc. Sells 3,811 Shares of AppLovin Corporation $APP

iA Global Asset Management Inc. lowered its position in shares of AppLovin Corporation (NASDAQ:APP) by 6.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 57,383 shares of the company’s stock after selling 3,811 shares during the quarter. iA Global Asset Management Inc.’s holdings in AppLovin were worth $41,232,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in APP. Hilltop National Bank acquired a new stake in shares of AppLovin during the second quarter worth approximately $26,000. LFA Lugano Financial Advisors SA bought a new stake in AppLovin during the 2nd quarter worth approximately $26,000. Twin Peaks Wealth Advisors LLC bought a new stake in AppLovin during the 2nd quarter worth approximately $33,000. Heartwood Wealth Advisors LLC acquired a new stake in AppLovin during the 3rd quarter valued at $33,000. Finally, Bogart Wealth LLC raised its position in AppLovin by 100.0% in the 3rd quarter. Bogart Wealth LLC now owns 48 shares of the company’s stock valued at $34,000 after purchasing an additional 24 shares during the last quarter. 41.85% of the stock is currently owned by institutional investors and hedge funds.

Key AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Analyst bullish case: A Forbes piece lays out a path to $700 for APP based on continued ad‑tech scale, margin expansion and strong growth in mobile monetization, supporting a constructive long‑term thesis for patient investors. Read More.
• Positive Sentiment: Company rebuttal: AppLovin publicly asserts full compliance with SEC rules and calls the short‑seller’s capital‑structure claims “factually erroneous,” an attempt to blunt reputational damage and limit regulatory fallout. That defense could reduce downside if it reassures institutional holders. Read More.
• Neutral Sentiment: Volatility framed as feature: Commentary from Zacks argues APP’s sharp price swings reflect sentiment around ad cycles and investor positioning rather than deterioration of the underlying business — a reminder that short‑term moves may overstate fundamental risk. Read More.
• Neutral Sentiment: Broker coverage note: Recent broker commentary highlighted by the press discusses buy/hold recommendations and valuation context — useful for investors deciding whether to add on weakness, but not an immediate catalyst. Read More.
• Negative Sentiment: Short‑seller allegations: A short report alleged ties between AppLovin and a money‑laundering network; media pickup of those claims prompted a slide in the stock despite the company’s denials. Such allegations can spark sustained selling and heightened regulatory scrutiny. Read More.
• Negative Sentiment: Investor litigation probe: Pomerantz LLP announced an investigation on behalf of AppLovin investors, which can amplify selling pressure and create legal risk/uncertainty for the company. Read More.
• Negative Sentiment: Market reaction coverage: Multiple outlets reported the stock’s decline after a negative CapitalWatch piece and ensuing sell‑offs; media amplification has translated allegations into immediate price weakness. Read More.

Insider Activity

In related news, CEO Arash Adam Foroughi sold 30,888 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief executive officer owned 2,553,161 shares in the company, valued at approximately $1,328,384,136.69. This represents a 1.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CTO Vasily Shikin sold 27,143 shares of the stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $545.38, for a total value 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. The trade was a 0.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 340,336 shares of company stock valued at $200,062,623 in the last 90 days. 13.66% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages have recently commented on APP. Bank of America increased their target price on AppLovin from $580.00 to $860.00 and gave the stock a “buy” rating in a report on Wednesday, October 1st. The Goldman Sachs Group upped their price target on shares of AppLovin from $630.00 to $720.00 and gave the stock a “neutral” rating in a research report on Friday, November 7th. Morgan Stanley raised their price objective on shares of AppLovin from $750.00 to $800.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. Wedbush boosted their target price on shares of AppLovin from $745.00 to $800.00 and gave the stock an “outperform” rating in a research note on Thursday, November 6th. Finally, Deutsche Bank Aktiengesellschaft set a $705.00 price target on shares of AppLovin and gave the company a “buy” rating in a research note on Wednesday, October 22nd. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $706.76.

AppLovin Stock Down 2.0%

Shares of NASDAQ APP opened at $521.94 on Friday. AppLovin Corporation has a 1 year low of $200.50 and a 1 year high of $745.61. The firm’s 50-day moving average is $635.46 and its 200-day moving average is $558.09. The company has a current ratio of 3.25, a quick ratio of 3.25 and a debt-to-equity ratio of 2.38. The firm has a market capitalization of $176.39 billion, a PE ratio of 63.34, a price-to-earnings-growth ratio of 1.76 and a beta of 2.50.

AppLovin (NASDAQ:APP) last announced its quarterly earnings data 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 net margin of 51.27% and a return on equity of 258.49%. 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 prior year, the business posted $1.29 earnings per share. AppLovin’s revenue was up 68.2% compared to the same quarter last year. Equities analysts expect that AppLovin Corporation will post 6.87 EPS for the current year.

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.