Harvest Fund Management Co. Ltd Acquires 3,889 Shares of AppLovin Corporation $APP

Harvest Fund Management Co. Ltd raised its holdings in shares of AppLovin Corporation (NASDAQ:APP) by 10.8% during the third quarter, according to its most recent filing with the SEC. The firm owned 39,845 shares of the company’s stock after purchasing an additional 3,889 shares during the period. AppLovin accounts for about 1.2% of Harvest Fund Management Co. Ltd’s portfolio, making the stock its 16th largest position. Harvest Fund Management Co. Ltd’s holdings in AppLovin were worth $28,624,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Prudential PLC boosted its stake in shares of AppLovin by 9.1% during the third quarter. Prudential PLC now owns 44,950 shares of the company’s stock valued at $32,298,000 after purchasing an additional 3,744 shares in the last quarter. Comerica Bank raised its stake in AppLovin by 86.9% in the third quarter. Comerica Bank now owns 52,136 shares of the company’s stock worth $37,462,000 after buying an additional 24,241 shares in the last quarter. Nicolet Advisory Services LLC purchased a new stake in AppLovin during the third quarter worth $397,000. Newbridge Financial Services Group Inc. lifted its holdings in AppLovin by 35.8% during the third quarter. Newbridge Financial Services Group Inc. now owns 850 shares of the company’s stock worth $611,000 after buying an additional 224 shares during the period. Finally, Pinnbrook Capital Management LP bought a new stake in AppLovin during the 3rd quarter valued at $4,037,000. Hedge funds and other institutional investors own 41.85% of the company’s stock.

More AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Wedbush bullish on AppLovin: analysts reiterate confidence in the company’s AI-driven ad platform and growth runway, which supports upside expectations for revenue and margins. Why Wedbush analysts love AppLovin stock right now
• Positive Sentiment: Needham issues a Buy rating — fresh institutional support that can boost demand from discretionary and quant buyers. AppLovin (NASDAQ:APP) Earns Buy Rating from Needham & Company LLC
• Positive Sentiment: Longer-term AI upside highlighted by The Motley Fool — AppLovin is named among firms that could materially outpace peers over five years if AI-driven monetization scales. This underscores growth narratives that investors are pricing in. Prediction: 2 AI Stocks Will Be Worth More Than Palantir Technologies in 5 Years
• Neutral Sentiment: Discussion of record profits vs. skepticism—coverage notes strong profitability but asks whether that will quiet market concerns; keeps the debate open on valuation. AppLovin: Can Record Profits Overcome Market Skepticism?
• Neutral Sentiment: Analysts/commentary pointing to volatility as sentiment-driven rather than fundamental weakness—useful context but not an immediate catalyst. AppLovin’s Volatility Reflects Market Sentiment, Not Weakness
• Neutral Sentiment: Short-interest data in recent reports appears unreliable/zero and should be treated cautiously; not currently a meaningful short-squeeze signal.
• Negative Sentiment: Substantial insider selling by CTO Vasily Shikin across multiple filings — large block sales (totaling tens of millions) reduce insider ownership and can pressure sentiment. Vasily Shikin insider trades
• Negative Sentiment: Public caution from high-profile commentators (Jim Cramer: “Too Much Risk There”) raises retail investor wariness and could amplify short-term selling. Jim Cramer on AppLovin: “Too Much Risk There”
• Negative Sentiment: Recent price weakness noted by Zacks and Forbes pieces questioning valuation/dip increases debate over whether this is a buying opportunity or a value trap. AppLovin (APP) Falls More Steeply Than Broader Market

Analyst Ratings Changes

Several research analysts have recently commented on the company. Morgan Stanley set a $720.00 price target on AppLovin in a research report on Thursday, February 12th. Piper Sandler reaffirmed an “overweight” rating and set a $650.00 price objective (down from $800.00) on shares of AppLovin in a research report on Thursday, February 12th. Scotiabank lifted their target price on AppLovin from $750.00 to $775.00 and gave the company an “outperform” rating in a research note on Thursday, February 12th. Weiss Ratings downgraded shares of AppLovin from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday. Finally, Oppenheimer decreased their price target on shares of AppLovin from $740.00 to $660.00 and set an “outperform” rating for the company in a research report on Thursday, March 5th. Twenty research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $654.50.

AppLovin Stock Up 2.1%

NASDAQ:APP opened at $458.67 on Friday. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 1.65. AppLovin Corporation has a twelve month low of $200.50 and a twelve month high of $745.61. The company has a market cap of $154.70 billion, a PE ratio of 47.04, a P/E/G ratio of 0.79 and a beta of 2.51. The company’s 50 day moving average is $494.31 and its two-hundred day moving average is $573.31.

AppLovin (NASDAQ:APP) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $3.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.89 by $0.35. AppLovin had a net margin of 57.42% and a return on equity of 245.64%. The business had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.61 billion. During the same quarter last year, the company posted $1.73 earnings per share. The business’s quarterly revenue was up 66.0% on a year-over-year basis. Analysts anticipate that AppLovin Corporation will post 6.87 EPS for the current year.

Insider Buying and Selling

In other news, insider Victoria Valenzuela sold 7,609 shares of the stock in a transaction dated 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 transaction, the insider directly owned 277,110 shares of the company’s stock, valued at approximately $182,097,294.30. This represents a 2.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Arash Adam Foroughi sold 50,000 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $466.04, for a total value of $23,302,000.00. Following the completion of the transaction, the chief executive officer owned 2,480,414 shares of the company’s stock, valued at approximately $1,155,972,140.56. The trade was a 1.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 188,033 shares of company stock worth $90,662,374 in the last 90 days. Insiders own 13.66% of the company’s stock.

AppLovin 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.