SVB Wealth LLC Trims Position in AppLovin Corporation $APP

SVB Wealth LLC lessened its holdings in shares of AppLovin Corporation (NASDAQ:APP) by 71.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,198 shares of the company’s stock after selling 3,006 shares during the quarter. SVB Wealth LLC’s holdings in AppLovin were worth $617,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. California State Teachers Retirement System increased its position in AppLovin by 50,874.8% during the 2nd quarter. California State Teachers Retirement System now owns 178,017,633 shares of the company’s stock valued at $91,720,025,000 after purchasing an additional 177,668,406 shares during the period. State Street Corp lifted its position in shares of AppLovin by 111.1% in the 3rd quarter. State Street Corp now owns 11,852,466 shares of the company’s stock worth $8,516,471,000 after purchasing an additional 6,237,051 shares during the period. Corient Private Wealth LLC boosted its stake in shares of AppLovin by 3,118.6% during the 4th quarter. Corient Private Wealth LLC now owns 4,194,071 shares of the company’s stock valued at $2,826,049,000 after purchasing an additional 4,063,763 shares in the last quarter. Norges Bank bought a new stake in shares of AppLovin during the 4th quarter valued at about $2,040,321,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of AppLovin during the second quarter valued at about $730,015,000. Hedge funds and other institutional investors own 41.85% of the company’s stock.

Insider Buying and Selling

In other news, Director Eduardo Vivas sold 163,910 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $504.06, for a total value of $82,620,474.60. Following the sale, the director directly owned 6,785,087 shares of the company’s stock, valued at $3,420,090,953.22. The trade was a 2.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director G Jr sold 3,076 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $521.29, for a total value of $1,603,488.04. Following the completion of the sale, the director owned 120,444 shares in the company, valued at $62,786,252.76. The trade was a 2.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 12.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Evercore reissued an “outperform” rating and issued a $510.00 price target on shares of AppLovin in a research note on Tuesday, September 1st. KeyCorp set a $775.00 price objective on AppLovin in a research report on Wednesday, June 10th. Piper Sandler reduced their target price on AppLovin from $385.00 to $325.00 and set a “neutral” rating on the stock in a report on Friday, August 21st. Weiss Ratings raised AppLovin from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, August 6th. Finally, Wells Fargo & Company lowered their target price on AppLovin from $357.00 to $325.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 19th. Three analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, AppLovin presently has an average rating of “Moderate Buy” and an average target price of $538.09.

Key Headlines Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin’s shares rallied alongside parts of the ad-tech sector, with investors focusing on second-quarter revenue growth of roughly 53% year over year and expectations for an AI-advertising rebound. AppLovin Corp stock rises 4 percent as Q2 2026 growth and AI ad-tech rebound draw buyers
• Positive Sentiment: The company’s operating fundamentals remain highly profitable: trailing-12-month operating margin widened to 77.4% from 69.6% a year earlier. Its proprietary AI tools and scaled software platform also support industry-leading net margins, a potential advantage over other technology and advertising companies. Should You Buy AppLovin Stock For Its Widening Margin? AppLovin vs. Reddit: Which Technology Stock Is a Better Buy in 2026?
• Neutral Sentiment: Reported short-interest data showed zero shares and zero days to cover, but the figures appear inconsistent and provide little actionable insight for investors. Short interest report
• Negative Sentiment: Despite rapid revenue growth, AppLovin has fallen sharply since December because growth has decelerated for several quarters and improvements from its models have arrived unevenly, making future expansion difficult for the market to price. Why Is AppLovin Stock Trading Near Its Low While Revenue Keeps Growing?
• Negative Sentiment: Analyst caution remains a headwind, with reports highlighting a downgrade and a pessimistic price forecast. AppLovin stock price down after analyst downgrade BTIG Research Issues Pessimistic Forecast for AppLovin

AppLovin Stock Up 3.1%

Shares of AppLovin stock opened at $314.49 on Friday. AppLovin Corporation has a 1 year low of $297.50 and a 1 year high of $745.61. The firm has a market cap of $105.24 billion, a price-to-earnings ratio of 24.17, a PEG ratio of 0.64 and a beta of 2.49. The company has a 50-day moving average of $377.52 and a 200 day moving average of $438.09. The company has a debt-to-equity ratio of 1.11, a current ratio of 4.30 and a quick ratio of 4.30.

AppLovin (NASDAQ:APP) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $3.76 EPS for the quarter, hitting the consensus estimate of $3.76. AppLovin had a net margin of 64.58% and a return on equity of 193.10%. The business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.94 billion. During the same quarter in the previous year, the firm posted $2.39 earnings per share. AppLovin’s quarterly revenue was up 52.8% on a year-over-year basis. As a group, sell-side analysts anticipate that AppLovin Corporation will post 15.53 earnings per share for the current fiscal year.

About AppLovin

AppLovin Corporation (NASDAQ: APP) is a technology company that provides software and services designed to help mobile application developers grow their businesses. Its platform supports user acquisition, advertising, monetization, measurement and other functions that enable developers to attract users and generate revenue from their applications.

AppLovin’s offerings include AXON, an artificial-intelligence-powered software engine used to optimize advertising and user-acquisition campaigns; MAX, a platform for managing in-app advertising and mediation; and AppDiscovery, which helps developers promote their applications.