AppLovin Corporation $APP Shares Sold by Quadrature Capital Ltd

Quadrature Capital Ltd reduced its position in AppLovin Corporation (NASDAQ:APP) by 96.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,989 shares of the company’s stock after selling 149,948 shares during the period. Quadrature Capital Ltd’s holdings in AppLovin were worth $2,097,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of APP. Hilltop National Bank acquired a new stake in AppLovin in the second quarter valued at $26,000. LFA Lugano Financial Advisors SA acquired a new position in shares of AppLovin during the 2nd quarter worth $26,000. SouthState Corp purchased a new stake in shares of AppLovin in the 1st quarter worth about $29,000. Hoey Investments Inc. acquired a new stake in AppLovin in the 2nd quarter valued at about $35,000. Finally, Trust Co. of Vermont purchased a new position in AppLovin during the 2nd quarter valued at about $35,000. 41.85% of the stock is currently owned by hedge funds and other institutional investors.

AppLovin Trading Up 2.5%

Shares of APP opened at $601.00 on Friday. 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 $203.11 billion, a PE ratio of 72.94, a price-to-earnings-growth ratio of 3.22 and a beta of 2.50. The stock has a fifty day moving average of $607.52 and a two-hundred day moving average of $479.49. 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 quarterly earnings data on Wednesday, November 5th. The company reported $2.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.34 by $0.11. The business had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.34 billion. AppLovin had a return on equity of 258.49% and a net margin of 51.27%.The business’s revenue was up 68.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.29 earnings per share. AppLovin has set its Q4 2025 guidance at EPS. As a group, analysts forecast that AppLovin Corporation will post 6.87 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on APP. Wall Street Zen downgraded shares of AppLovin from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. UBS Group lifted their price objective on AppLovin from $810.00 to $840.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Scotiabank upped their target price on AppLovin from $575.00 to $750.00 and gave the company an “outperform” rating in a research note on Thursday, November 6th. Weiss Ratings reiterated a “buy (b-)” rating on shares of AppLovin in a report on Tuesday. Finally, Royal Bank Of Canada boosted their price target on AppLovin from $700.00 to $750.00 and gave the stock an “outperform” rating in a report on Thursday, November 6th. Twenty-one analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, AppLovin presently has a consensus rating of “Moderate Buy” and an average target price of $658.27.

Insiders Place Their Bets

In other news, CEO Arash Adam Foroughi sold 4,069 shares of the stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $497.50, for a total transaction of $2,024,327.50. Following the transaction, the chief executive officer directly owned 2,998,948 shares in the company, valued at $1,491,976,630. This represents a 0.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Matthew Stumpf sold 4,884 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $515.76, for a total transaction of $2,518,971.84. Following the completion of the sale, the chief financial officer owned 191,161 shares of the company’s stock, valued at approximately $98,593,197.36. The trade was a 2.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 367,927 shares of company stock valued at $212,707,362. Insiders own 13.66% of the company’s stock.

AppLovin Company Profile

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.