Twin Capital Management Inc. Purchases 130 Shares of AppLovin Corporation $APP

Twin Capital Management Inc. lifted its position in AppLovin Corporation (NASDAQ:APP) by 2.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,612 shares of the company’s stock after buying an additional 130 shares during the period. Twin Capital Management Inc.’s holdings in AppLovin were worth $1,965,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Legal Advantage Investments Inc. bought a new stake in AppLovin in the 2nd quarter valued at $1,523,000. Park Avenue Securities LLC raised its stake in shares of AppLovin by 30.6% in the 2nd quarter. Park Avenue Securities LLC now owns 20,890 shares of the company’s stock valued at $7,313,000 after purchasing an additional 4,890 shares during the period. IFM Investors Pty Ltd lifted its holdings in shares of AppLovin by 15.6% in the second quarter. IFM Investors Pty Ltd now owns 45,209 shares of the company’s stock valued at $15,827,000 after purchasing an additional 6,104 shares in the last quarter. Aberdeen Group plc lifted its holdings in shares of AppLovin by 6.5% in the second quarter. Aberdeen Group plc now owns 114,180 shares of the company’s stock valued at $39,972,000 after purchasing an additional 7,001 shares in the last quarter. Finally, Lee Johnson Capital Management LLC grew its holdings in shares of AppLovin by 13.6% during the second quarter. Lee Johnson Capital Management LLC now owns 12,449 shares of the company’s stock worth $4,358,000 after buying an additional 1,491 shares in the last quarter. 41.85% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Needham & Company LLC restated a “hold” rating on shares of AppLovin in a research note on Tuesday, August 26th. Phillip Securities raised shares of AppLovin to a “moderate buy” rating in a research report on Monday, September 29th. UBS Group lifted their target price on AppLovin from $810.00 to $840.00 and gave the company a “buy” rating in a research report on Thursday. Zacks Research cut AppLovin from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Finally, Bank of America boosted their price target on AppLovin from $580.00 to $860.00 and gave the stock a “buy” rating in a research report on Wednesday, October 1st. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $635.39.

AppLovin Price Performance

Shares of APP opened at $621.36 on Friday. AppLovin Corporation has a fifty-two week low of $200.50 and a fifty-two week high of $745.61. The firm has a market capitalization of $210.18 billion, a PE ratio of 75.41, a PEG ratio of 3.35 and a beta of 2.50. The company’s 50-day moving average is $602.04 and its 200-day moving average is $447.68. The company has a debt-to-equity ratio of 3.01, a current ratio of 2.74 and a quick ratio of 2.74.

AppLovin (NASDAQ:APP) last released its quarterly 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. The business had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. AppLovin had a return on equity of 294.76% and a net margin of 51.27%.The firm’s quarterly revenue was up 68.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.29 EPS. AppLovin has set its Q4 2025 guidance at EPS. Equities analysts forecast that AppLovin Corporation will post 6.87 EPS for the current year.

Insider Activity at AppLovin

In other AppLovin news, Director Herald Y. Chen sold 200,000 shares of AppLovin stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $432.49, for a total value of $86,498,000.00. Following the completion of the transaction, the director directly owned 181,929 shares of the company’s stock, valued at $78,682,473.21. The trade was a 52.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Vasily Shikin sold 30,000 shares of the firm’s stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $437.57, for a total value of $13,127,100.00. Following the completion of the transaction, the chief technology officer owned 3,360,104 shares in the company, valued at $1,470,280,707.28. The trade was a 0.88% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 1,156,788 shares of company stock valued at $514,863,333. 13.66% of the stock is currently owned by company insiders.

About AppLovin

AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally. It operates through two segments, Software Platform and Apps. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; MAX, an in-app bidding software that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform that provides marketers with the visibility, insights, and tools needed to grow their apps from early stage to maturity; and Wurl, a connected TV platform, which distributes streaming video for content companies and provides advertising and publishing solutions through its AdPool, ContentDiscovery, and Global FAST Pass products.