AppLovin Corporation $APP is Beacon Harbor Wealth Advisors Inc.’s 5th Largest Position

Beacon Harbor Wealth Advisors Inc. trimmed its holdings in shares of AppLovin Corporation (NASDAQ:APP) by 9.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,817 shares of the company’s stock after selling 2,176 shares during the quarter. AppLovin makes up approximately 3.3% of Beacon Harbor Wealth Advisors Inc.’s investment portfolio, making the stock its 5th biggest holding. Beacon Harbor Wealth Advisors Inc.’s holdings in AppLovin were worth $14,239,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of APP. Vanguard Group Inc. lifted its stake in shares of AppLovin by 0.4% during the 2nd quarter. Vanguard Group Inc. now owns 17,902,795 shares of the company’s stock worth $6,267,410,000 after purchasing an additional 72,120 shares during the last quarter. State Street Corp raised its holdings in AppLovin by 2.4% in the second quarter. State Street Corp now owns 5,615,415 shares of the company’s stock worth $1,965,844,000 after purchasing an additional 133,402 shares in the last quarter. Jennison Associates LLC lifted its position in shares of AppLovin by 55.2% during the third quarter. Jennison Associates LLC now owns 3,886,150 shares of the company’s stock valued at $2,792,355,000 after buying an additional 1,381,970 shares during the last quarter. Norges Bank bought a new stake in shares of AppLovin in the 2nd quarter valued at about $951,541,000. Finally, Rakuten Investment Management Inc. purchased a new position in shares of AppLovin in the 3rd quarter worth approximately $1,456,108,000. Hedge funds and other institutional investors own 41.85% of the company’s stock.

AppLovin News Roundup

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Benchmark reiterated a Buy and $775 price target, arguing Google’s AI game tools are overstated threats to AppLovin’s scale, data moat and AXON AI advantage. Why Benchmark Says Google’s AI Won’t Derail AppLovin (APP)
• Positive Sentiment: Several bullish previews and analyst notes argue the sell-off creates a buying opportunity ahead of earnings, citing durable operating leverage from MAX and AXON. AppLovin: The Market Is Giving Us A Chance To Load Up (Earnings Preview)
• Positive Sentiment: Zacks and other previews show strong consensus Q4/forward estimates (high-teens revenue growth, large EPS beats expected), which supports the company’s near-term fundamentals. Should You Buy, Sell, or Hold AppLovin Stock Before Q4 Earnings?
• Neutral Sentiment: AppLovin is due to report earnings this week; the event itself is a catalyst that could swing sentiment either way depending on guidance vs. AI/competitive questions. AppLovin (APP) Expected to Announce Earnings on Wednesday
• Neutral Sentiment: CNBC and other outlets are covering APP alongside big tech and adtech movers — increased media attention can amplify moves but isn’t decisive by itself. Power Check: Applovin, Amazon and Apple
• Negative Sentiment: Broad software and mobile adtech selling accelerated APP’s decline today as investors priced in faster AI disruption and sector re-rating. AppLovin stock falls amid broader software selloff and mobile ad tech concerns
• Negative Sentiment: High-profile commentary (Jim Cramer) highlighted Wall Street fear that AI could “eat AppLovin alive,” amplifying sentiment-driven selling. Jim Cramer says “Wall Street’s terrified that AI will eat AppLovin alive”
• Negative Sentiment: Pomerantz law firm announced an investor investigation into AppLovin-related claims, which raises legal and reputational risk until resolved. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of AppLovin Corporation – APP
• Negative Sentiment: Recent analyses warn valuation and short-seller/allegation-driven volatility (and prior short attacks) have created downside risk even if core business remains strong. AppLovin: Being Priced To Perfection Created Too Much Risk

Insider Buying and Selling at AppLovin

In related news, CEO Arash Adam Foroughi sold 30,888 shares of AppLovin stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $520.29, for a total value of $16,070,717.52. Following the completion of the transaction, the chief executive officer owned 2,553,161 shares in the company, valued at $1,328,384,136.69. The trade was a 1.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Eduardo Vivas sold 150,000 shares of the stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $650.91, for a total value of $97,636,500.00. Following the transaction, the director owned 7,133,292 shares in the company, valued at $4,643,131,095.72. This represents a 2.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 340,336 shares of company stock valued at $200,062,623. Corporate insiders own 13.66% of the company’s stock.

Analysts Set New Price Targets

APP has been the subject of a number of analyst reports. Jefferies Financial Group increased their target price on shares of AppLovin from $800.00 to $860.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. Wells Fargo & Company upped their price target on AppLovin from $721.00 to $735.00 and gave the stock an “overweight” rating in a research report on Thursday, January 8th. Needham & Company LLC raised AppLovin from a “hold” rating to a “buy” rating and set a $700.00 price objective for the company in a research report on Monday, January 26th. Evercore ISI restated a “buy” rating on shares of AppLovin in a research note on Friday, January 30th. Finally, Zacks Research raised shares of AppLovin from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 1st. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $706.45.

AppLovin Stock Down 16.1%

AppLovin stock opened at $387.34 on Thursday. The firm has a market cap of $130.90 billion, a price-to-earnings ratio of 47.01, a price-to-earnings-growth ratio of 1.52 and a beta of 2.49. AppLovin Corporation has a 52 week low of $200.50 and a 52 week high of $745.61. The business’s 50-day moving average price is $627.94 and its 200 day moving average price is $569.02. The company has a quick ratio of 3.25, a current ratio of 3.25 and a debt-to-equity ratio of 2.38.

AppLovin (NASDAQ:APP) last posted its earnings results on Wednesday, November 5th. The company reported $2.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.34 by $0.11. The firm had revenue of $1.41 billion during 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 business’s revenue was up 68.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.29 EPS. As a group, sell-side analysts anticipate that AppLovin Corporation will post 6.87 earnings per share for the current year.

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.