Vasily Shikin Sells 62,804 Shares of AppLovin (NASDAQ:APP) Stock

AppLovin Corporation (NASDAQ:APP) CTO Vasily Shikin sold 62,804 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $486.43, for a total value of $30,549,749.72. Following the transaction, the chief technology officer directly owned 3,255,273 shares of the company’s stock, valued at approximately $1,583,462,445.39. This trade represents a 1.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Vasily Shikin also recently made the following trade(s):

• On Tuesday, March 10th, Vasily Shikin sold 5,231 shares of AppLovin stock. The shares were sold at an average price of $477.47, for a total transaction of $2,497,645.57.
• On Tuesday, March 10th, Vasily Shikin sold 9,265 shares of AppLovin stock. The stock was sold at an average price of $486.31, for a total transaction of $4,505,662.15.
• On Tuesday, March 10th, Vasily Shikin sold 6,531 shares of AppLovin stock. The stock was sold at an average price of $489.05, for a total transaction of $3,193,985.55.
• On Tuesday, March 10th, Vasily Shikin sold 5,685 shares of AppLovin stock. The stock was sold at an average price of $490.89, for a total transaction of $2,790,709.65.
• On Tuesday, March 10th, Vasily Shikin sold 204 shares of AppLovin stock. The shares were sold at an average price of $513.65, for a total transaction of $104,784.60.

AppLovin Stock Down 2.6%

APP stock traded down $11.83 during midday trading on Thursday, hitting $449.62. The company’s stock had a trading volume of 4,986,884 shares, compared to its average volume of 6,651,333. The company’s fifty day moving average price is $501.99 and its 200 day moving average price is $574.12. The company has a debt-to-equity ratio of 1.65, a current ratio of 3.32 and a quick ratio of 3.32. AppLovin Corporation has a twelve month low of $200.50 and a twelve month high of $745.61. The stock has a market capitalization of $151.65 billion, a P/E ratio of 46.11, a PEG ratio of 0.84 and a beta of 2.51.

AppLovin (NASDAQ:APP) last posted its quarterly earnings data on Wednesday, February 11th. The company reported $3.24 EPS for the quarter, topping analysts’ consensus estimates of $2.89 by $0.35. The company had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.61 billion. AppLovin had a net margin of 57.42% and a return on equity of 245.64%. The company’s quarterly revenue was up 66.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.73 EPS. As a group, equities research analysts predict that AppLovin Corporation will post 6.87 EPS for the current year.

Institutional Trading of AppLovin

Hedge funds have recently added to or reduced their stakes in the company. Washington Trust Advisors Inc. increased its position in AppLovin by 160.0% during the 4th quarter. Washington Trust Advisors Inc. now owns 39 shares of the company’s stock worth $27,000 after buying an additional 24 shares during the period. Chilton Capital Management LLC bought a new stake in shares of AppLovin in the third quarter valued at about $29,000. Board of the Pension Protection Fund bought a new stake in shares of AppLovin in the fourth quarter valued at about $27,000. Mcguire Capital Advisors Inc. acquired a new position in shares of AppLovin in the fourth quarter valued at about $27,000. Finally, Activest Wealth Management grew its stake in shares of AppLovin by 760.0% in the third quarter. Activest Wealth Management now owns 43 shares of the company’s stock valued at $31,000 after acquiring an additional 38 shares in the last quarter. 41.85% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have weighed in on APP. Wells Fargo & Company lowered their price target on AppLovin from $735.00 to $543.00 and set an “overweight” rating on the stock in a research report on Thursday, February 12th. Evercore reissued a “buy” rating on shares of AppLovin in a report on Friday, January 30th. Royal Bank Of Canada reissued an “outperform” rating and issued a $700.00 target price on shares of AppLovin in a research note on Thursday, February 12th. Scotiabank boosted their target price on shares of AppLovin from $750.00 to $775.00 and gave the stock an “outperform” rating in a report on Thursday, February 12th. Finally, Arete Research set a $340.00 price target on shares of AppLovin and gave the company a “neutral” rating in a research note on Monday, March 2nd. Twenty research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $654.50.

Key AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Needham reaffirmed a “buy” and set a $700 price target, signaling bullish analyst conviction and highlighting upside vs. current levels. Benzinga
• Positive Sentiment: Recent quarterly results showed an EPS beat and strong revenue growth (revenue up ~66% YoY, EPS beat), supporting the thesis that fundamentals remain healthy and monetization/ad-tech scaling continues. (Company reported results 2/11/2026.)
• Positive Sentiment: Quant/technical analysts flagged APP as a buy in short-form coverage, which can attract algorithmic and momentum buyers if sentiment stabilizes. Seeking Alpha
• Neutral Sentiment: Multiple articles argue recent volatility reflects shifting market sentiment around digital ads rather than deteriorating fundamentals — this frames today’s sell-off as sentiment-driven and potentially reversible. Zacks
• Neutral Sentiment: Short-interest entries in the feed appear to be data-noise (zero shares / NaN changes), so they likely aren’t a meaningful immediate driver. Monitor confirmed, reliable short-interest reports for any future squeeze risk.
• Negative Sentiment: High-profile bearish commentary: Jim Cramer publicly warned there is “too much risk” in AppLovin and compared the ad-tech risk to past winners that lost share to Google, which can accelerate selling from retail and event-driven traders. Yahoo Finance
• Negative Sentiment: Opinion pieces are labeling APP a possible “value trap” after a recent pullback, which can reinforce caution among income/value investors and contribute to further near-term selling pressure. Forbes

AppLovin Company 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.