Rakuten Investment Management Inc. Acquires Shares of 2,026,482 AppLovin Corporation $APP

Rakuten Investment Management Inc. bought a new position in shares of AppLovin Corporation (NASDAQ:APP) during the 3rd quarter, HoldingsChannel reports. The fund bought 2,026,482 shares of the company’s stock, valued at approximately $1,456,108,000. AppLovin accounts for approximately 4.7% of Rakuten Investment Management Inc.’s holdings, making the stock its 3rd largest holding.

A number of other hedge funds also recently modified their holdings of APP. Concurrent Investment Advisors LLC lifted its holdings in AppLovin by 31.5% in the second quarter. Concurrent Investment Advisors LLC now owns 4,646 shares of the company’s stock valued at $1,627,000 after buying an additional 1,114 shares during the period. Lazard Freres Gestion S.A.S. acquired a new position in shares of AppLovin in the 3rd quarter valued at about $2,514,000. Thames Capital Management LLC boosted its position in shares of AppLovin by 114.8% during the 3rd quarter. Thames Capital Management LLC now owns 16,702 shares of the company’s stock valued at $12,001,000 after purchasing an additional 8,925 shares in the last quarter. Rakuten Securities Inc. grew its stake in AppLovin by 118.0% during the third quarter. Rakuten Securities Inc. now owns 10,540 shares of the company’s stock worth $7,573,000 after purchasing an additional 5,705 shares during the period. Finally, Aberdeen Group plc increased its holdings in AppLovin by 6.5% in the second quarter. Aberdeen Group plc now owns 114,180 shares of the company’s stock worth $39,972,000 after purchasing an additional 7,001 shares in the last quarter. Institutional investors own 41.85% of the company’s stock.

Insider Activity

In other AppLovin news, CEO Arash Adam Foroughi sold 30,888 shares of the firm’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $520.29, for a total transaction of $16,070,717.52. Following the transaction, the chief executive officer directly owned 2,553,161 shares in the company, valued at approximately $1,328,384,136.69. This trade represents a 1.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Eduardo Vivas sold 150,000 shares of the company’s stock in a transaction on Monday, November 10th. The stock was sold at an average price of $650.91, for a total transaction of $97,636,500.00. Following the completion of the sale, the director owned 7,133,292 shares of the company’s stock, valued at approximately $4,643,131,095.72. The trade was a 2.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 340,336 shares of company stock worth $200,062,623 over the last 90 days. 13.66% of the stock is currently owned by corporate insiders.

AppLovin News Summary

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Large institutional ownership and bullish analyst price targets provide a counterweight to the headlines — several top firms have materially increased positions and recent median analyst targets remain well above the current price. AppLovin Corporation Stock (APP) Opinions on Critical Shareholder Report
• Positive Sentiment: Some investors and analysts still point to AppLovin’s AI ad stack, e‑commerce expansion and strong revenue/profit growth as reasons the pullback could be a buying opportunity. APP Stock Declines 22.5% in a Month: Should You Buy the Dip?
• Neutral Sentiment: Retail chatter is mixed: some traders remain upbeat and discuss a recovery thesis, while others have turned cautious — that keeps volatility elevated but does not resolve the fundamental questions raised by the report. AppLovin draws retail buzz after critical report, stock plunge; retail investors still upbeat
• Neutral Sentiment: Competitive context: rival ad platforms (e.g., Unity) are getting renewed attention as the ad‑tech landscape evolves — this is a longer‑term industry factor rather than an immediate catalyst. Unity Software Is Falling—So Why Are Pros Getting More Bullish? (APP)
• Negative Sentiment: CapitalWatch’s short‑seller report alleges AppLovin enabled money‑laundering through third‑party ties; the report has been widely circulated and directly triggered sharp near‑term selling and media coverage. AppLovin Stock Falls After Negative CapitalWatch Report AI Darling to Crime World Laundromat? AppLovin Tanks on Short‑Seller’s Bombshell Report
• Negative Sentiment: Significant insider selling over the past six months (many sales, no reported open‑market buys) is amplifying investor concern about governance and near‑term risk. AppLovin Corporation Stock (APP) Opinions on Critical Shareholder Report
• Negative Sentiment: Some analysts/publishers have turned more negative, including a downgrade to sell from at least one outlet, which adds pressure until investigatory or clarifying evidence is provided. AppLovin: Thesis Largely Played Out, Downgrade To Sell

AppLovin Trading Down 0.6%

NASDAQ:APP opened at $565.52 on Wednesday. The company has a debt-to-equity ratio of 2.38, a current ratio of 3.25 and a quick ratio of 3.25. AppLovin Corporation has a one year low of $200.50 and a one year high of $745.61. The company has a market cap of $191.12 billion, a PE ratio of 68.63, a PEG ratio of 1.88 and a beta of 2.50. The firm has a 50-day moving average of $637.19 and a 200-day moving average of $558.53.

AppLovin (NASDAQ:APP) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.34 by $0.11. The business had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.34 billion. AppLovin had a net margin of 51.27% and a return on equity of 258.49%. The firm’s revenue for the quarter was up 68.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.29 EPS. As a group, equities research analysts expect that AppLovin Corporation will post 6.87 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. JPMorgan Chase & Co. increased their price target on AppLovin from $425.00 to $650.00 and gave the stock a “neutral” rating in a report on Thursday, November 6th. Citigroup reduced their price target on shares of AppLovin from $850.00 to $820.00 and set a “buy” rating for the company in a report on Wednesday, November 12th. Oppenheimer set a $740.00 price objective on shares of AppLovin in a report on Tuesday, October 7th. Weiss Ratings downgraded AppLovin from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, January 15th. Finally, Evercore ISI began coverage on AppLovin in a research note on Wednesday, January 14th. They set an “outperform” rating and a $835.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $706.76.

About AppLovin

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.