Balboa Wealth Partners Sells 2,358 Shares of AppLovin Corporation $APP

Balboa Wealth Partners reduced its holdings in AppLovin Corporation (NASDAQ:APP) by 17.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,457 shares of the company’s stock after selling 2,358 shares during the quarter. AppLovin makes up approximately 1.4% of Balboa Wealth Partners’ holdings, making the stock its 14th largest holding. Balboa Wealth Partners’ holdings in AppLovin were worth $8,232,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Revolve Wealth Partners LLC acquired a new position in AppLovin in the fourth quarter worth $294,000. Bison Wealth LLC acquired a new position in AppLovin during the 4th quarter worth about $239,000. Integrated Wealth Concepts LLC grew its holdings in AppLovin by 58.0% during the 1st quarter. Integrated Wealth Concepts LLC now owns 1,692 shares of the company’s stock worth $448,000 after acquiring an additional 621 shares during the last quarter. Sequoia Financial Advisors LLC grew its holdings in AppLovin by 28.7% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 4,086 shares of the company’s stock worth $1,431,000 after acquiring an additional 912 shares during the last quarter. Finally, Sagespring Wealth Partners LLC raised its stake in shares of AppLovin by 31.3% in the second quarter. Sagespring Wealth Partners LLC now owns 1,304 shares of the company’s stock worth $456,000 after acquiring an additional 311 shares during the last quarter. 41.85% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Dawson Alyssa Harvey sold 150 shares of the company’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $693.32, for a total value of $103,998.00. Following the completion of the sale, the director owned 2,829 shares in the company, valued at $1,961,402.28. This represents a 5.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Victoria Valenzuela sold 7,609 shares of the firm’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $657.13, for a total value of $5,000,102.17. Following the sale, 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 SEC filing for this sale provides additional information. Insiders sold a total of 187,786 shares of company stock worth $100,914,925 over the last three months. Company insiders own 13.66% of the company’s stock.

AppLovin Trading Up 6.7%

NASDAQ:APP opened at $391.55 on Friday. The company has a current ratio of 3.32, a quick ratio of 3.25 and a debt-to-equity ratio of 1.65. AppLovin Corporation has a 1-year low of $200.50 and a 1-year high of $745.61. The firm has a market capitalization of $132.32 billion, a price-to-earnings ratio of 40.16, a PEG ratio of 1.20 and a beta of 2.49. The business’s 50-day moving average price is $596.51 and its two-hundred day moving average price is $570.32.

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

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Royal Bank Of Canada reissued an “outperform” rating and set a $700.00 price target on shares of AppLovin in a research note on Thursday. Jefferies Financial Group lowered their target price on AppLovin from $860.00 to $700.00 and set a “buy” rating for the company in a research note on Thursday. Deutsche Bank Aktiengesellschaft set a $705.00 price target on AppLovin and gave the company a “buy” rating in a research note on Wednesday, October 22nd. UBS Group set a $740.00 price objective on AppLovin in a research report on Thursday. Finally, Scotiabank upped their target price on shares of AppLovin from $750.00 to $775.00 and gave the company an “outperform” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $651.77.

More AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Q4 beat and raise — AppLovin reported stronger‑than‑expected Q4 revenue and EPS and issued 2026 guidance above Street estimates, giving investors a fundamentals‑driven reason to buy the stock. AppLovin (APP) Q4 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Outstanding margins and cash flow — management reported ~84% adjusted EBITDA margins and very high free‑cash‑flow conversion, highlighting durable profitability that supports a premium valuation. AppLovin Rides on Margin Power: Here’s What You Should Know
• Positive Sentiment: Analyst support and buybacks — several firms reaffirmed or raised targets (and management disclosed large buybacks / cash generation commentary), which helps underwrite the rebound narrative. AppLovin price target raised by Wedbush
• Neutral Sentiment: Mixed analyst moves — although many shops kept Buy/Outperform ratings, several groups trimmed price targets after the volatility; this creates both support and room for further target revisions. Wells Fargo price target change and analyst notes
• Neutral Sentiment: Short‑interest data appears noisy/insignificant in recent reports (entries show zero/NaN), so shorting pressure doesn’t explain today’s move. (No meaningful short interest link available.)
• Negative Sentiment: Competition and AI fears — investors remain worried about potential competition (CloudX) and whether large platforms like Meta could encroach on AppLovin’s adtech niche; that fear helped trigger sharp earlier selloffs. AppLovin Plunges 18% Despite Blowout Earnings as AI Fears Rule
• Negative Sentiment: Broader software/AI rotation — the market‑wide re‑pricing of software names and headlines about a sector pullback have pressured APP despite the company’s strong quarter, prolonging volatility. Tech Stocks Down 50%: Buy the Dip or a Major Market Shift?
• Negative Sentiment: Market panic narrative — several commentators say recent selling was driven more by fear than fundamentals, meaning sentiment swings can still produce abrupt downside even after good results. AppLovin drops over competitor concerns, but analysts highlight positive growth drivers

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.