AppLovin Corporation $APP Shares Sold by Dorsal Capital Management LP

Dorsal Capital Management LP cut its stake in shares of AppLovin Corporation (NASDAQ:APP) by 10.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 90,000 shares of the company’s stock after selling 10,000 shares during the quarter. AppLovin comprises approximately 1.7% of Dorsal Capital Management LP’s investment portfolio, making the stock its 22nd biggest holding. Dorsal Capital Management LP’s holdings in AppLovin were worth $64,669,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Revolve Wealth Partners LLC acquired a new stake in AppLovin during the 4th quarter worth about $294,000. Bison Wealth LLC purchased a new stake in AppLovin during the 4th quarter valued at about $239,000. Integrated Wealth Concepts LLC increased its holdings in shares of AppLovin by 58.0% in the first quarter. Integrated Wealth Concepts LLC now owns 1,692 shares of the company’s stock valued at $448,000 after purchasing an additional 621 shares during the period. Campbell & CO Investment Adviser LLC purchased a new position in shares of AppLovin in the second quarter worth about $620,000. Finally, Allworth Financial LP lifted its holdings in shares of AppLovin by 205.4% during the second quarter. Allworth Financial LP now owns 2,611 shares of the company’s stock worth $914,000 after purchasing an additional 1,756 shares during the period. 41.85% of the stock is owned by institutional investors and hedge funds.

AppLovin Trading Up 2.1%

Shares of AppLovin stock opened at $458.67 on Friday. The firm has a 50-day simple moving average of $494.31 and a two-hundred day simple moving average of $574.04. 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 fifty-two week low of $200.50 and a fifty-two week high of $745.61. The company has a market cap of $154.70 billion, a P/E ratio of 47.04, a price-to-earnings-growth ratio of 0.81 and a beta of 2.51.

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

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on APP shares. The Goldman Sachs Group cut their price target on shares of AppLovin from $710.00 to $585.00 and set a “neutral” rating on the stock in a report on Thursday, February 12th. Wedbush upped their price objective on shares of AppLovin from $465.00 to $640.00 and gave the company an “outperform” rating in a report on Thursday, February 12th. UBS Group set a $740.00 price objective on shares of AppLovin in a research note on Thursday, February 12th. Zacks Research downgraded shares of AppLovin from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 12th. Finally, Evercore reaffirmed a “buy” rating on shares of AppLovin in a report on Friday, January 30th. Twenty analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $654.50.

Insider Buying and Selling at AppLovin

In other AppLovin news, CTO Vasily Shikin sold 5,231 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $477.47, for a total value of $2,497,645.57. Following the sale, the chief technology officer directly owned 30,658 shares of the company’s stock, valued at approximately $14,638,275.26. This trade represents a 14.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Arash Adam Foroughi sold 40,704 shares of the business’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $459.85, for a total value of $18,717,734.40. Following the completion of the sale, the chief executive officer owned 2,430,414 shares of the company’s stock, valued at $1,117,625,877.90. This trade represents a 1.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 188,033 shares of company stock valued at $90,662,374. Company insiders own 13.66% of the company’s stock.

AppLovin News Roundup

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Wedbush bullish on AppLovin: analysts reiterate confidence in the company’s AI-driven ad platform and growth runway, which supports upside expectations for revenue and margins. Why Wedbush analysts love AppLovin stock right now
• Positive Sentiment: Needham issues a Buy rating — fresh institutional support that can boost demand from discretionary and quant buyers. AppLovin (NASDAQ:APP) Earns Buy Rating from Needham & Company LLC
• Positive Sentiment: Longer-term AI upside highlighted by The Motley Fool — AppLovin is named among firms that could materially outpace peers over five years if AI-driven monetization scales. This underscores growth narratives that investors are pricing in. Prediction: 2 AI Stocks Will Be Worth More Than Palantir Technologies in 5 Years
• Neutral Sentiment: Discussion of record profits vs. skepticism—coverage notes strong profitability but asks whether that will quiet market concerns; keeps the debate open on valuation. AppLovin: Can Record Profits Overcome Market Skepticism?
• Neutral Sentiment: Analysts/commentary pointing to volatility as sentiment-driven rather than fundamental weakness—useful context but not an immediate catalyst. AppLovin’s Volatility Reflects Market Sentiment, Not Weakness
• Neutral Sentiment: Short-interest data in recent reports appears unreliable/zero and should be treated cautiously; not currently a meaningful short-squeeze signal.
• Negative Sentiment: Substantial insider selling by CTO Vasily Shikin across multiple filings — large block sales (totaling tens of millions) reduce insider ownership and can pressure sentiment. Vasily Shikin insider trades
• Negative Sentiment: Public caution from high-profile commentators (Jim Cramer: “Too Much Risk There”) raises retail investor wariness and could amplify short-term selling. Jim Cramer on AppLovin: “Too Much Risk There”
• Negative Sentiment: Recent price weakness noted by Zacks and Forbes pieces questioning valuation/dip increases debate over whether this is a buying opportunity or a value trap. AppLovin (APP) Falls More Steeply Than Broader Market

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.