New York Life Investment Management LLC Buys New Position in AppLovin Corporation $APP

New York Life Investment Management LLC purchased a new position in AppLovin Corporation (NASDAQ:APP) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 36,841 shares of the company’s stock, valued at approximately $26,472,000.

Other large investors also recently modified their holdings of the company. Concurrent Investment Advisors LLC lifted its holdings in AppLovin by 31.5% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 4,646 shares of the company’s stock worth $1,627,000 after buying an additional 1,114 shares in the last quarter. Lazard Freres Gestion S.A.S. acquired a new stake in shares of AppLovin during the third quarter worth about $2,514,000. Mediolanum International Funds Ltd raised its holdings in AppLovin by 73.5% during the 3rd quarter. Mediolanum International Funds Ltd now owns 76,736 shares of the company’s stock worth $54,664,000 after buying an additional 32,510 shares during the period. Thames Capital Management LLC increased its holdings in AppLovin by 114.8% during the 3rd quarter. Thames Capital Management LLC now owns 16,702 shares of the company’s stock worth $12,001,000 after purchasing an additional 8,925 shares in the last quarter. Finally, CIBC Asset Management Inc boosted its position in AppLovin by 14.8% during the 3rd quarter. CIBC Asset Management Inc now owns 117,126 shares of the company’s stock worth $84,160,000 after acquiring an additional 15,074 shares during the last quarter. 41.85% of the stock is currently owned by institutional investors and hedge funds.

AppLovin Price Performance

NASDAQ:APP opened at $406.72 on Monday. The company has a debt-to-equity ratio of 2.38, a quick ratio of 3.25 and a current ratio of 3.25. AppLovin Corporation has a 52 week low of $200.50 and a 52 week high of $745.61. The firm’s 50-day simple moving average is $619.83 and its 200 day simple moving average is $570.94. The firm has a market cap of $137.45 billion, a price-to-earnings ratio of 49.36, a P/E/G ratio of 1.34 and a beta of 2.49.

Insider Buying and Selling at AppLovin

In other news, CTO Vasily Shikin sold 27,143 shares of the company’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $545.38, for a total transaction of $14,803,249.34. Following the completion of the sale, the chief technology officer directly owned 3,323,681 shares in the company, valued at approximately $1,812,669,143.78. This represents a 0.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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 completion of the transaction, the insider owned 277,110 shares in the company, valued at $182,097,294.30. The trade was a 2.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 187,986 shares of company stock valued at $101,032,761 in the last three months. Corporate insiders own 13.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on APP. Scotiabank lifted their target price on AppLovin from $575.00 to $750.00 and gave the company an “outperform” rating in a research report on Thursday, November 6th. Piper Sandler reiterated an “overweight” rating on shares of AppLovin in a research note on Tuesday, January 20th. Deutsche Bank Aktiengesellschaft set a $705.00 target price on shares of AppLovin and gave the company a “buy” rating in a research note on Wednesday, October 22nd. JPMorgan Chase & Co. raised their target price on shares of AppLovin from $425.00 to $650.00 and gave the company a “neutral” rating in a research note on Thursday, November 6th. Finally, Benchmark reiterated a “buy” rating on shares of AppLovin in a report on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $691.23.

Key AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Piper Sandler reiterated an Overweight rating and an $800 price target, arguing Google’s Project Genie and other competitive fears are overblown and pointing to compelling valuation and favorable gaming trends. Why Piper Sandler Says Google’s Project Genie Isn’t a Threat to AppLovin (APP)
• Positive Sentiment: Wedbush reiterated that structural moats for AppLovin and Unity remain intact despite competitors’ new product launches, supporting upside from durable ad/gaming market positions. AppLovin, Unity’s structural moats are ‘intact,’ despite CloudX launch: Wedbush
• Positive Sentiment: Zacks notes overall Wall Street analyst optimism—useful because buy-side/sell-side reaffirmations can stabilize sentiment after recent volatility tied to short reports and litigation. Is AppLovin (APP) a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: Longer-term price forecasts and models are being updated (multi‑year projections published), which may influence investor expectations but are speculative and time‑horizon dependent. AppLovin (NASDAQ: APP) Stock Price Prediction and Forecast 2026-2030 (Feb 6)
• Neutral Sentiment: Routine financial-comparison pieces are circulating (peer/metrics comparisons) — informative for longer-term investors but unlikely to move the tape immediately. Financial Comparison: AppLovin (NASDAQ:APP) vs. Bbhc (OTCMKTS:TRNX)
• Negative Sentiment: Heightened bearish commentary: a Seeking Alpha author moved to a sell rating after the CloudX launch, arguing competitive risk justifies a downgrade and pressuring sentiment. Why I’m Moving To A Sell On AppLovin Following The CloudX Launch (Rating Downgrade)
• Negative Sentiment: Coverage highlighting “far more worries than a short seller’s report” amplifies uncertainty around legal, governance and competitive issues—these narrative risks can further weigh on the stock until clarified. AppLovin has far more worries than a short seller’s report
• Negative Sentiment: Unusually large put-option volume (121,413 puts; ~+80% vs. typical) signals elevated hedging or directional bearish bets, which increases downward pressure on short-term price dynamics.

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.