AustralianSuper Pty Ltd Acquires 45,683 Shares of AppLovin Corporation $APP

AustralianSuper Pty Ltd grew its holdings in AppLovin Corporation (NASDAQ:APP) by 16.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 318,294 shares of the company’s stock after purchasing an additional 45,683 shares during the quarter. AppLovin comprises about 1.1% of AustralianSuper Pty Ltd’s investment portfolio, making the stock its 19th largest position. AustralianSuper Pty Ltd owned 0.09% of AppLovin worth $228,707,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank acquired a new stake in AppLovin in the 2nd quarter valued at about $951,541,000. Rakuten Investment Management Inc. acquired a new stake in shares of AppLovin in the third quarter valued at approximately $1,456,108,000. Jennison Associates LLC raised its position in AppLovin by 55.2% in the 3rd quarter. Jennison Associates LLC now owns 3,886,150 shares of the company’s stock worth $2,792,355,000 after purchasing an additional 1,381,970 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in AppLovin by 51.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,493,494 shares of the company’s stock worth $1,073,135,000 after buying an additional 504,341 shares in the last quarter. Finally, National Pension Service boosted its position in AppLovin by 82.2% in the 2nd quarter. National Pension Service now owns 790,271 shares of the company’s stock valued at $276,658,000 after buying an additional 356,443 shares during the last quarter. 41.85% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, 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 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Vasily Shikin sold 27,143 shares of the firm’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 transaction of $14,803,249.34. Following the sale, the chief technology officer owned 3,323,681 shares in the company, valued at $1,812,669,143.78. This trade represents a 0.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 340,336 shares of company stock worth $200,062,623. Corporate insiders own 13.66% of the company’s stock.

AppLovin Stock Performance

Shares of NASDAQ:APP opened at $542.36 on Thursday. The firm’s 50 day simple moving average is $635.31 and its 200 day simple moving average is $564.95. AppLovin Corporation has a fifty-two week low of $200.50 and a fifty-two week high of $745.61. The company has a market capitalization of $183.29 billion, a price-to-earnings ratio of 65.82, a P/E/G ratio of 1.79 and a beta of 2.50. 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 issued its earnings results on Wednesday, November 5th. The company reported $2.45 EPS for the quarter, beating the consensus estimate of $2.34 by $0.11. The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. AppLovin had a net margin of 51.27% and a return on equity of 258.49%. The business’s quarterly revenue was up 68.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.29 earnings per share. As a group, sell-side analysts forecast that AppLovin Corporation will post 6.87 earnings per share for the current year.

Trending Headlines about AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Needham upgraded APP to Buy and set a $700 price target, citing an ecommerce growth inflection that could drive further revenue upside. Needham upgrade
• Positive Sentiment: Analyst coverage and consensus price targets remain well above recent levels (MarketBeat notes analyst targets implying substantial upside), which provides support amid the sell‑off. MarketBeat analyst outlook
• Positive Sentiment: Recent coverage from Zacks highlighted a session where APP outperformed the market, reflecting pockets of buyer interest despite headlines. Zacks note
• Neutral Sentiment: Public short‑interest posts for late January show anomalous “0 shares / NaN” entries and 0.0 days‑to‑cover — data appears erroneous and isn’t meaningful for current positioning. (Market liquidity remains high.)
• Neutral Sentiment: General coverage pieces (e.g., Yahoo’s Wall Street roundups) are debating bullish vs. bearish catalysts, which may amplify intraday volatility but don’t add new forensic evidence. Yahoo roundup
• Negative Sentiment: CapitalWatch’s short report accuses AppLovin of facilitating money‑laundering via shareholder‑linked entities; the report triggered a sharp sell‑off and is the primary driver of today’s downside. CapitalWatch report
• Negative Sentiment: AppLovin has publicly demanded CapitalWatch retract the report and called the allegations conspiratorial, but the controversy has attracted class‑action attention (Pomerantz investigation), increasing legal and reputational risk. CNBC coverage of company response Pomerantz investor alert
• Negative Sentiment: Public skeptics including media commentary and Jim Cramer emphasize APP’s high valuation (one of the market’s richer P/E multiples), which could deter momentum investors and deepen sell‑pressure while headline risk persists. Jim Cramer comments

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on APP shares. Weiss Ratings downgraded AppLovin from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, January 15th. Benchmark upped their target price on shares of AppLovin from $700.00 to $775.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. Wedbush raised their target price on shares of AppLovin from $745.00 to $800.00 and gave the company an “outperform” rating in a research note on Thursday, November 6th. Zacks Research raised shares of AppLovin from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 1st. Finally, Scotiabank increased their price objective on shares of AppLovin from $575.00 to $750.00 and gave the company an “outperform” rating in a report on Thursday, November 6th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $706.45.

AppLovin Company 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.