New York State Teachers Retirement System Increases Stake in AppLovin Corporation $APP

New York State Teachers Retirement System grew its stake in AppLovin Corporation (NASDAQ:APP) by 4,097.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 212,539 shares of the company’s stock after purchasing an additional 207,476 shares during the period. New York State Teachers Retirement System’s holdings in AppLovin were worth $152,718,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Concurrent Investment Advisors LLC boosted its holdings in AppLovin by 31.5% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 4,646 shares of the company’s stock valued at $1,627,000 after purchasing an additional 1,114 shares during the last quarter. Lazard Freres Gestion S.A.S. purchased a new position in AppLovin in the third quarter worth approximately $2,514,000. Aberdeen Group plc increased its stake in AppLovin by 6.5% during the second quarter. Aberdeen Group plc now owns 114,180 shares of the company’s stock worth $39,972,000 after acquiring an additional 7,001 shares during the last quarter. Legal Advantage Investments Inc. purchased a new stake in AppLovin in the second quarter valued at $1,523,000. Finally, IFM Investors Pty Ltd lifted its stake in shares of AppLovin by 15.6% in the 2nd 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 during the last quarter. 41.85% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Dawson Alyssa Harvey sold 150 shares of the business’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $693.32, for a total transaction of $103,998.00. Following the completion of the transaction, the director directly owned 2,829 shares of the company’s stock, valued at approximately $1,961,402.28. The trade was a 5.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CTO Vasily Shikin sold 27,143 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $545.38, for a total transaction of $14,803,249.34. Following the completion of the sale, the chief technology officer directly owned 3,323,681 shares in the company, valued at approximately $1,812,669,143.78. This trade represents a 0.81% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 340,336 shares of company stock worth $200,062,623 over the last 90 days. 13.66% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts recently issued reports on APP shares. Benchmark boosted their price objective on shares of AppLovin from $700.00 to $775.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Bank of America boosted their price target on shares of AppLovin from $580.00 to $860.00 and gave the company a “buy” rating in a research note on Wednesday, October 1st. Phillip Securities raised shares of AppLovin to a “moderate buy” rating in a research report on Monday, September 29th. UBS Group reiterated a “buy” rating and issued a $775.00 target price on shares of AppLovin in a report on Thursday, December 11th. Finally, Oppenheimer set a $740.00 price target on AppLovin in a research note on Tuesday, October 7th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $696.60.

AppLovin Price Performance

AppLovin stock opened at $647.72 on Friday. The company’s 50 day moving average is $639.00 and its two-hundred day moving average is $543.91. The firm has a market cap of $218.90 billion, a PE ratio of 78.61, a price-to-earnings-growth ratio of 2.14 and a beta of 2.50. The company has a quick ratio of 3.25, a current ratio of 3.25 and a debt-to-equity ratio of 2.38. AppLovin Corporation has a 52-week low of $200.50 and a 52-week high of $745.61.

AppLovin (NASDAQ:APP) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $2.45 earnings per share for the quarter, topping analysts’ consensus estimates of $2.34 by $0.11. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. AppLovin had a return on equity of 258.49% and a net margin of 51.27%.The company’s revenue was up 68.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.29 earnings per share. On average, research analysts expect that AppLovin Corporation will post 6.87 EPS for the current fiscal year.

AppLovin News Roundup

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Benchmark reiterated a Buy on APP with a $775 price target (Mike Hickey, Jan. 6); the coverage note (which cites continued confidence in AppLovin’s growth) reinforces upward analyst momentum and likely contributed to buying interest. Benchmark Reiterates Buy InsiderMonkey Coverage
• Positive Sentiment: High-profile media endorsement — Jim Cramer said he “can’t name a single competitor to AppLovin,” a bullish narrative that can attract momentum buyers and retail interest. Cramer Says No Competitor
• Neutral Sentiment: Zacks published a piece comparing Skillsoft (SKIL) and AppLovin (APP) for value-oriented investors — useful context on sector valuation but it’s comparative rather than company-specific news that would immediately move APP. Zacks SKIL vs APP
• Neutral Sentiment: 247WallSt published a forward-looking price forecast noting AppLovin’s stock recovery after last year’s decline and citing better-than-expected quarterly results — supportive narrative but inherently speculative. 247WallSt Forecast
• Neutral Sentiment: Bristlemoon Global Fund published its Q4 2025 report (institutional activity/context). These fund reports can signal shifting ownership but the entry provided doesn’t note a clear, direct trade action for APP. Bristlemoon Q4 Report
• Neutral Sentiment: A general “3 growth stocks” roundup appeared on The Motley Fool; it offers sector context but is not APP-specific in the provided entry and is unlikely to be a primary driver of APP’s move. Fool Growth Stocks

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.