Arrowstreet Capital Limited Partnership Sells 966,544 Shares of AppLovin Corporation $APP

Arrowstreet Capital Limited Partnership decreased its position in shares of AppLovin Corporation (NASDAQ:APP) by 50.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 942,326 shares of the company’s stock after selling 966,544 shares during the period. Arrowstreet Capital Limited Partnership owned 0.28% of AppLovin worth $677,096,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Revolve Wealth Partners LLC acquired a new position in shares of AppLovin during the 4th quarter worth about $294,000. Bison Wealth LLC bought a new position in AppLovin in the 4th quarter worth approximately $239,000. Integrated Wealth Concepts LLC increased its position in AppLovin by 58.0% in the 1st quarter. Integrated Wealth Concepts LLC now owns 1,692 shares of the company’s stock worth $448,000 after buying an additional 621 shares during the period. Campbell & CO Investment Adviser LLC acquired a new position in shares of AppLovin during the second quarter worth approximately $620,000. Finally, Acadian Asset Management LLC boosted its position in shares of AppLovin by 4.7% in the second quarter. Acadian Asset Management LLC now owns 18,809 shares of the company’s stock valued at $6,577,000 after acquiring an additional 849 shares during the period. 41.85% of the stock is currently owned by institutional investors.

AppLovin News Roundup

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Needham reaffirmed a “buy” and set a $700 price target, signaling continued analyst conviction and providing a clear upside thesis for investors. Needham Buy Rating
• Positive Sentiment: A Seeking Alpha/quant note flagged APP as a “buy” from its system, which can attract algorithmic and momentum buyers. Quant Buy Note
• Neutral Sentiment: Analyst and media pieces argue recent swings reflect market sentiment in digital ads rather than worsening fundamentals — helpful context but not an immediate catalyst. Volatility vs Fundamentals
• Neutral Sentiment: Short-interest data reported for March is anomalous (shows 0 shares / 0 days to cover), suggesting the short-interest snapshot is not a reliable current signal. Investors should treat the short data as non-actionable until clarified.
• Negative Sentiment: Multiple insider sales by CTO Vasily Shikin on March 10 — aggregated trades total tens of millions of dollars at prices roughly in the $477–$513 range — which the market often views as a negative signal on near-term insider conviction. SEC Filing: Insider Sales
• Negative Sentiment: High-profile commentary (Jim Cramer) labeled APP as having “too much risk,” which can amplify downside via retail flows and headline-driven selling. Cramer Commentary
• Negative Sentiment: Forbes piece questions whether APP is a value trap after a recent ~10% pullback over the past month, reinforcing cautious narratives among longer-term investors. Forbes: Value Trap?
• Negative Sentiment: A market write-up noted APP “fell more steeply than the broader market” in the latest session, reflecting the day’s negative price action and sentiment pressure. Zacks: Price Drop

Insider Buying and Selling at AppLovin

In other AppLovin news, insider Victoria Valenzuela sold 7,609 shares of the company’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $657.13, for a total transaction of $5,000,102.17. Following the sale, the insider directly owned 277,110 shares of the company’s stock, valued at approximately $182,097,294.30. This represents a 2.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Vasily Shikin sold 5,231 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $477.47, for a total transaction of $2,497,645.57. Following the sale, the chief technology officer directly owned 30,658 shares of the company’s stock, valued at approximately $14,638,275.26. The trade was a 14.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 97,329 shares of company stock worth $48,642,639 in the last 90 days. 13.66% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

APP has been the topic of several research analyst reports. Wedbush raised their price objective on shares of AppLovin from $465.00 to $640.00 and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Benchmark reissued a “buy” rating on shares of AppLovin in a report on Friday, March 6th. UBS Group set a $740.00 price target on shares of AppLovin in a research report on Thursday, February 12th. Piper Sandler restated an “overweight” rating and set a $650.00 price objective (down from $800.00) on shares of AppLovin in a report on Thursday, February 12th. Finally, Wells Fargo & Company cut their price objective on shares of AppLovin from $735.00 to $543.00 and set an “overweight” rating for the company in a research report on Thursday, February 12th. Twenty research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $654.50.

AppLovin Trading Down 2.6%

APP stock opened at $449.62 on Friday. AppLovin Corporation has a 1-year low of $200.50 and a 1-year high of $745.61. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 1.65. The business’s 50 day moving average is $497.50 and its 200-day moving average is $573.26. The firm has a market cap of $151.65 billion, a P/E ratio of 46.11, a P/E/G ratio of 0.81 and a beta of 2.51.

AppLovin (NASDAQ:APP) last posted its earnings results on Wednesday, February 11th. The company reported $3.24 EPS for the quarter, topping the consensus estimate of $2.89 by $0.35. AppLovin had a return on equity of 245.64% and a net margin of 57.42%.The business had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.61 billion. During the same quarter last year, the company earned $1.73 EPS. AppLovin’s revenue was up 66.0% on a year-over-year basis. Equities analysts anticipate that AppLovin Corporation will post 6.87 earnings per share for the current fiscal year.

About AppLovin

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.