Yousif Capital Management LLC Cuts Stock Position in AppLovin Corporation $APP

Yousif Capital Management LLC cut its holdings in AppLovin Corporation (NASDAQ:APP) by 5.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 27,133 shares of the company’s stock after selling 1,641 shares during the quarter. Yousif Capital Management LLC’s holdings in AppLovin were worth $18,283,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of AppLovin by 39.4% in the third quarter. Vanguard Group Inc. now owns 24,954,458 shares of the company’s stock valued at $17,930,776,000 after acquiring an additional 7,051,663 shares in the last quarter. State Street Corp raised its holdings in shares of AppLovin by 111.1% in the third quarter. State Street Corp now owns 11,852,466 shares of the company’s stock valued at $8,516,471,000 after acquiring an additional 6,237,051 shares in the last quarter. Rakuten Investment Management Inc. bought a new stake in shares of AppLovin in the third quarter valued at about $1,456,108,000. Jennison Associates LLC raised its holdings in shares of AppLovin by 55.2% in the third quarter. Jennison Associates LLC now owns 3,886,150 shares of the company’s stock valued at $2,792,355,000 after acquiring an additional 1,381,970 shares in the last quarter. Finally, Capital Research Global Investors bought a new stake in shares of AppLovin in the third quarter valued at about $743,899,000. 41.85% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

APP has been the subject of several recent research reports. Evercore restated a “buy” rating on shares of AppLovin in a report on Friday, January 30th. Morgan Stanley set a $720.00 price objective on AppLovin in a report on Thursday, February 12th. Arete Research set a $340.00 price objective on AppLovin and gave the company a “neutral” rating in a report on Monday, March 2nd. Oppenheimer reduced their target price on shares of AppLovin from $740.00 to $660.00 and set an “outperform” rating for the company in a report on Thursday, March 5th. Finally, BTIG Research reduced their target price on shares of AppLovin from $771.00 to $640.00 and set a “buy” rating for the company in a report on Thursday, February 12th. Eighteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, AppLovin has a consensus rating of “Moderate Buy” and a consensus target price of $669.05.

AppLovin Stock Performance

Shares of AppLovin stock opened at $410.44 on Wednesday. The company has a market capitalization of $138.43 billion, a PE ratio of 42.10, a P/E/G ratio of 0.67 and a beta of 2.50. The company has a debt-to-equity ratio of 1.65, a quick ratio of 3.32 and a current ratio of 3.32. The company has a 50-day simple moving average of $435.00 and a two-hundred day simple moving average of $559.29. AppLovin Corporation has a one year low of $218.29 and a one year high of $745.61.

AppLovin (NASDAQ:APP) last announced its earnings results on Wednesday, February 11th. The company reported $3.24 EPS for the quarter, topping analysts’ consensus estimates of $2.89 by $0.35. The business 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 firm’s revenue was up 66.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.73 earnings per share. Research analysts expect that AppLovin Corporation will post 6.87 EPS for the current fiscal year.

More AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Company names Craig Billings as independent Chair and promotes from within to fill key executive roles, signaling governance improvement and management continuity — a constructive step for investor confidence. AppLovin Announces Succession Plans
• Positive Sentiment: Additional coverage confirms internal CTO appointment (Ge) and the board chair appointment (Billings), emphasizing a smooth transition and reduced execution risk from leadership change. AppLovin Appoints Ge as CTO, Billings as Board Chair
• Positive Sentiment: Wells Fargo raises its price target to $560 and assigns an overweight rating, providing fresh analyst support that underpins the stock’s rally. Wells Fargo & Company Increases AppLovin Price Target to $560
• Positive Sentiment: Analyst and industry commentary highlights resilient mobile-ad performance, AI advertising tailwinds and recent upgrades/coverage that argue the stock selloff was overdone — adds conviction for longer-term investors. A Look At AppLovin Valuation After Analyst Upgrades
• Neutral Sentiment: Broad market and media mentions (CNBC/Bloomberg “stock movers” coverage) increase visibility but are mixed in directional impact — helpful for liquidity and attention but not a fundamental driver by themselves. Stocks making the biggest moves midday
• Negative Sentiment: Wedbush and other coverage note evolving risks to AppLovin’s mobile ad dominance (competition, privacy/regulatory shifts, ad-market cyclicality), which could temper multiple expansion if concerns re-emerge. AppLovin mobile ad dominance is ‘real,’ but risks evolve: Wedbush

Insider Activity

In related news, Director Eduardo Vivas sold 163,910 shares of the stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $453.49, for a total value of $74,331,545.90. Following the completion of the transaction, the director directly owned 6,969,382 shares of the company’s stock, valued at $3,160,545,043.18. This trade represents a 2.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Vasily Shikin sold 62,804 shares of the stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $486.43, for a total transaction of $30,549,749.72. Following the completion of the transaction, the chief technology officer directly owned 3,255,273 shares of the company’s stock, valued at $1,583,462,445.39. The trade was a 1.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 365,244 shares of company stock worth $169,584,607 over the last 90 days. 13.66% of the stock is currently owned by corporate insiders.

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.