Global Trust Asset Management LLC purchased a new stake in AppLovin Corporation (NASDAQ:APP – Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 1,512 shares of the company’s stock, valued at approximately $1,087,000.
Several other hedge funds have also recently bought and sold shares of APP. Hilltop National Bank acquired a new position in AppLovin during the 2nd quarter worth approximately $26,000. LFA Lugano Financial Advisors SA acquired a new stake in shares of AppLovin in the second quarter valued at approximately $26,000. Twin Peaks Wealth Advisors LLC purchased a new stake in AppLovin during the 2nd quarter valued at approximately $33,000. Heartwood Wealth Advisors LLC purchased a new stake in shares of AppLovin in the third quarter valued at about $33,000. Finally, Bogart Wealth LLC raised its position in AppLovin by 100.0% in the third quarter. Bogart Wealth LLC now owns 48 shares of the company’s stock worth $34,000 after acquiring an additional 24 shares in the last quarter. Institutional investors and hedge funds own 41.85% of the company’s stock.
More AppLovin News
Here are the key news stories impacting AppLovin this week:
- Positive Sentiment: Seeking Alpha reiterates a buy thesis: cites robust Q3 results (68% YoY revenue growth), very high EBITDA margins (~82%), and product catalysts (Axon engine + new self‑service platform) driving advertiser spend beyond gaming into e‑commerce — supports sustained high double‑digit growth. AppLovin: Buying The Dip Again
- Positive Sentiment: Order‑flow signal showed a Power Inflow alert after a steep intraday drop — a bullish flow indicator that traders watch for institutional buying that can spark rebounds. This suggests technical/flow-driven buyers stepped in during the pullback. Applovin Shares Closed Down 7.6%, But This Key Signal Triggered A 3% Intraday Rise
- Positive Sentiment: Evercore initiated coverage with an Outperform / buy-type rating, providing fresh analyst support that can attract institutional interest despite near-term volatility. AppLovin in focus as Evercore starts with outperform rating
- Positive Sentiment: Insider/insider-linked buying reported: Rep. Gilbert Ray Cisneros, Jr. purchased APP shares — an element investors sometimes view as a confidence signal. Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of AppLovin Corporation (NASDAQ:APP)
- Neutral Sentiment: Quarterly earnings preview pieces are circulating ahead of results/commentary windows — these are informational and keep attention on upcoming guidance and advertiser trends. AppLovin’s quarterly earnings preview: What you need to know
- Negative Sentiment: Multiple outlets note a sharp share decline despite fresh buy ratings — headlines and social chatter about a “crash” can amplify selling and trigger short‑term momentum losses. Why is AppLovin stock crashing despite a new ‘buy’ rating?
- Negative Sentiment: Live market coverage emphasized APP’s large intraday move amid broader market weakness (inflation data), reinforcing that macro headlines — not company fundamentals — are driving near-term volatility. Stock market today: Dow improves slightly while AppLovin makes giant move (live coverage)
- Negative Sentiment: Headline coverage pointing out that shares are “tanking” can feed momentum traders and fear-based selling; expect elevated volatility until macro prints stabilize. AppLovin stock just got a new buy rating. Its shares are tanking.
AppLovin Price Performance
AppLovin (NASDAQ:APP – Get Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $2.45 EPS for the quarter, beating analysts’ consensus estimates of $2.34 by $0.11. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. AppLovin had a net margin of 51.27% and a return on equity of 258.49%. The business’s revenue for the quarter was up 68.2% on a year-over-year basis. During the same quarter last year, the business earned $1.29 earnings per share. Analysts anticipate that AppLovin Corporation will post 6.87 earnings per share for the current year.
Analysts Set New Price Targets
Several equities analysts have weighed in on the company. Phillip Securities raised AppLovin to a “moderate buy” rating in a research report on Monday, September 29th. Citigroup reduced their target price on AppLovin from $850.00 to $820.00 and set a “buy” rating on the stock in a report on Wednesday, November 12th. Benchmark boosted their price objective on shares of AppLovin from $700.00 to $775.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Morgan Stanley raised their target price on AppLovin from $750.00 to $800.00 and gave the company an “overweight” rating in a report on Tuesday. Finally, Wells Fargo & Company lifted their target price on AppLovin from $721.00 to $735.00 and gave the stock an “overweight” rating in a research report on Thursday, January 8th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $706.76.
View Our Latest Analysis on APP
Insider Activity at AppLovin
In other AppLovin news, Director Dawson Alyssa Harvey sold 150 shares of the stock in a transaction on Monday, December 8th. The shares were sold at an average price of $693.32, for a total transaction of $103,998.00. Following the transaction, the director directly owned 2,829 shares of the company’s stock, valued at $1,961,402.28. This represents a 5.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, 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 sale, the chief technology officer directly owned 3,323,681 shares of the company’s stock, valued at approximately $1,812,669,143.78. This represents a 0.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 340,336 shares of company stock valued at $200,062,623 over the last ninety days. 13.66% of the stock is owned by company 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.
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