AppLovin Corporation $APP Shares Sold by Mitchell Capital Management Co.

Mitchell Capital Management Co. cut its holdings in AppLovin Corporation (NASDAQ:APP) by 31.9% during the third quarter, HoldingsChannel reports. The firm owned 5,929 shares of the company’s stock after selling 2,782 shares during the period. Mitchell Capital Management Co.’s holdings in AppLovin were worth $4,260,000 as of its most recent filing with the SEC.

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

Analyst Ratings Changes

Several brokerages have issued reports on APP. Wells Fargo & Company boosted their price objective on shares of AppLovin from $721.00 to $735.00 and gave the company an “overweight” rating in a research note on Thursday, January 8th. Zacks Research raised shares of AppLovin from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 1st. Evercore reissued a “buy” rating on shares of AppLovin in a report on Friday, January 30th. Benchmark restated a “buy” rating on shares of AppLovin in a research report on Monday, February 2nd. Finally, UBS Group dropped their target price on AppLovin from $840.00 to $686.00 and set a “buy” rating on the stock in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, AppLovin currently has a consensus rating of “Moderate Buy” and a consensus price target of $680.09.

AppLovin Trading Down 3.4%

Shares of APP opened at $456.81 on Thursday. AppLovin Corporation has a twelve month low of $200.50 and a twelve month high of $745.61. The company has a current ratio of 3.25, a quick ratio of 3.25 and a debt-to-equity ratio of 2.38. The firm has a market capitalization of $154.38 billion, a P/E ratio of 55.44, a PEG ratio of 1.56 and a beta of 2.49. The firm’s 50-day moving average is $608.86 and its two-hundred day moving average is $571.60.

AppLovin (NASDAQ:APP) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $3.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.89 by $0.35. AppLovin had a net margin of 51.27% and a return on equity of 258.49%. The company had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.61 billion. During the same period last year, the firm earned $1.73 EPS. The company’s revenue for the quarter was up 66.0% on a year-over-year basis. On average, research analysts predict that AppLovin Corporation will post 6.87 earnings per share for the current fiscal year.

Key Headlines Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Q4 results beat on earnings and showed big revenue growth: AppLovin reported $3.24 EPS (vs. $2.89 consensus) and revenue of $1.66B, up ~66% year‑over‑year, with very strong margins. This underpins the company’s high profitability profile. AppLovin Announces Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Analysts and data services flagged the beat and strong margin expansion (profit rise and revenue surge), supporting the beat narrative and validating execution on monetization. AppLovin (APP) Q4 Earnings and Revenues Surpass Estimates
• Neutral Sentiment: CEO commentary sought to calm investor concerns about AI disruption, downplaying immediate AI risk to AppLovin’s advertising platform — a mixed signal that may reassure some long‑term investors. AppLovin CEO downplays risks from AI
• Neutral Sentiment: Recent volatility also reflects non‑operational news: a prior short‑seller report was retracted/apologized for, which caused a large intraday swing in APP earlier this week; that episode adds noise to current price moves. Can Applovin Stock Keep Up its Post-Earnings Win Streak?
• Negative Sentiment: Market reaction was negative despite the beat — shares slid as some outlets and investors focused on signs of tepid advertising demand and increased competition in the ad market, creating concern over revenue sustainability. AppLovin misses quarterly revenue estimates amid advertising competition
• Negative Sentiment: Some coverage noted shares dipped even though Q1 guidance/readouts were in parts constructive — investors appear to be weighing macro/advertising headwinds and valuation (APP’s P/E is elevated vs. peers), which pressured the stock. AppLovin dips despite Q4 results, Q1 outlook topping expectations

Insider Buying and Selling at AppLovin

In related news, insider Victoria Valenzuela sold 7,609 shares of AppLovin stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $657.13, for a total transaction of $5,000,102.17. Following the completion of the transaction, the insider directly owned 277,110 shares in the company, valued at $182,097,294.30. The trade was a 2.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CTO Vasily Shikin sold 27,143 shares of the company’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 value 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. The trade was a 0.81% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 187,786 shares of company stock worth $100,914,925. 13.66% of the stock is owned by corporate insiders.

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.