AppLovin Corporation $APP Shares Sold by Meridiem Capital Partners LP

Meridiem Capital Partners LP lowered its stake in shares of AppLovin Corporation (NASDAQ:APP) by 77.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,104 shares of the company’s stock after selling 24,994 shares during the quarter. Meridiem Capital Partners LP’s holdings in AppLovin were worth $5,105,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Chilton Capital Management LLC acquired a new position in shares of AppLovin in the 3rd quarter valued at $29,000. Activest Wealth Management boosted its holdings in 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 during the last quarter. Heartwood Wealth Advisors LLC acquired a new stake in AppLovin during the third quarter worth about $33,000. CBIZ Investment Advisory Services LLC raised its holdings in shares of AppLovin by 58.6% in the 3rd quarter. CBIZ Investment Advisory Services LLC now owns 46 shares of the company’s stock worth $33,000 after purchasing an additional 17 shares during the period. Finally, Bogart Wealth LLC lifted its stake in shares of AppLovin by 100.0% in the 3rd quarter. Bogart Wealth LLC now owns 48 shares of the company’s stock valued at $34,000 after purchasing an additional 24 shares in the last quarter. 41.85% of the stock is owned by institutional investors and hedge funds.

AppLovin Stock Up 2.9%

Shares of NASDAQ APP traded up $13.04 during midday trading on Friday, reaching $462.37. 597,327 shares of the company’s stock were exchanged, compared to its average volume of 6,524,894. The company has a debt-to-equity ratio of 1.65, a quick ratio of 3.32 and a current ratio of 3.32. AppLovin Corporation has a 52-week low of $200.50 and a 52-week high of $745.61. The business’s fifty day moving average price is $497.50 and its two-hundred day moving average price is $573.26. The stock has a market capitalization of $155.95 billion, a PE ratio of 47.38, a price-to-earnings-growth ratio of 0.81 and a beta of 2.51.

AppLovin (NASDAQ:APP) last issued its quarterly earnings data on Wednesday, February 11th. The company reported $3.24 earnings per share for the quarter, beating analysts’ consensus estimates of $2.89 by $0.35. AppLovin had a return on equity of 245.64% and a net margin of 57.42%.The firm had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.61 billion. During the same quarter last year, the firm earned $1.73 EPS. AppLovin’s quarterly revenue was up 66.0% on a year-over-year basis. Analysts forecast that AppLovin Corporation will post 6.87 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Wells Fargo & Company dropped their target price on shares of AppLovin from $735.00 to $543.00 and set an “overweight” rating for the company in a research report on Thursday, February 12th. Citigroup cut their target price on shares of AppLovin from $820.00 to $710.00 and set a “buy” rating on the stock in a research note on Thursday, February 12th. Evercore reiterated a “buy” rating on shares of AppLovin in a report on Friday, January 30th. Scotiabank boosted their price objective on AppLovin from $750.00 to $775.00 and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Finally, Morgan Stanley set a $720.00 target price on AppLovin in a report on Thursday, February 12th. Twenty research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, AppLovin currently has an average rating of “Moderate Buy” and a consensus target price of $654.50.

Insider Buying and Selling

In related news, CTO Vasily Shikin sold 5,231 shares of AppLovin stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $477.47, for a total value of $2,497,645.57. Following the completion of the sale, the chief technology officer owned 30,658 shares in the company, valued at approximately $14,638,275.26. The trade was a 14.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Victoria Valenzuela sold 7,609 shares of the company’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $657.13, for a total transaction of $5,000,102.17. Following the completion of the sale, the insider directly owned 277,110 shares in the company, valued at $182,097,294.30. This represents a 2.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 97,329 shares of company stock valued at $48,642,639 in the last three months. Corporate insiders own 13.66% of the company’s stock.

AppLovin News Roundup

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Needham & Company initiated/issued a buy rating on APP, giving the stock fresh analyst support that can attract buyers and validate the growth story. AppLovin (NASDAQ:APP) Earns Buy Rating from Needham
• Positive Sentiment: Long-term bull case: The Motley Fool piece places AppLovin among AI winners that could outgrow Palantir over five years, reinforcing a growth narrative tied to AI-driven ad/product discovery that can support higher multiples. Prediction: 2 AI Stocks Will Be Worth More Than Palantir Technologies in 5 Years
• Positive Sentiment: Quant/technical interest: A short Seeking Alpha piece flags the quant system as a “buy,” which can trigger programmatic buying and momentum flows in the short term. AppLovin (APP) Stock Analysis: Why The Quant System Says “Buy”
• Neutral Sentiment: Market commentary argues recent volatility reflects shifting ad-tech sentiment rather than deteriorating fundamentals; that view may reassure investors focused on long-term ad-revenue scaling. AppLovin’s Volatility Reflects Market Sentiment, Not Weakness
• Neutral Sentiment: Short-interest data reported looks anomalous (shows 0 shares / NaN change), so there’s no clear short-squeeze or short pressure signal from these filings—treat this item as noisy/uncertain. (No external link; data noted from market reports.)
• Negative Sentiment: Insider selling: Multiple SEC filings show sizable CTO Vasily Shikin share sales across March 10 at prices in the $470–$513 range, reducing his stake materially — a potential red flag for some investors about near-term insider confidence. SEC filing: Insider Sales by CTO Vasily Shikin
• Negative Sentiment: Media caution: Jim Cramer warned there’s “too much risk” around AppLovin, echoing investor concerns about ad-platform competition (e.g., Google) and magnifying short-term selling pressure. Jim Cramer on AppLovin: “Too Much Risk There”
• Negative Sentiment: Recent price pullback and coverage questioning valuation: Zacks and Forbes note recent sharper declines (~10% over weeks) and debate whether APP is a value trap, which can keep some investors sidelined. AppLovin (APP) Falls More Steeply Than Broader Market Is AppLovin Stock A Value Trap?

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.