State of Wisconsin Investment Board Sells 2,934 Shares of AppLovin Corporation $APP

State of Wisconsin Investment Board lessened its stake in AppLovin Corporation (NASDAQ:APP) by 2.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 127,513 shares of the company’s stock after selling 2,934 shares during the period. State of Wisconsin Investment Board’s holdings in AppLovin were worth $85,921,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Board of the Pension Protection Fund bought a new stake in shares of AppLovin in the 4th quarter valued at about $27,000. Washington Trust Advisors Inc. grew its position in shares of AppLovin by 160.0% in the 4th quarter. Washington Trust Advisors Inc. now owns 39 shares of the company’s stock valued at $27,000 after buying an additional 24 shares during the last quarter. Laurel Wealth Advisors LLC bought a new stake in shares of AppLovin in the 4th quarter valued at about $32,000. Graney & King LLC bought a new stake in shares of AppLovin in the 3rd quarter valued at about $36,000. Finally, Aventura Private Wealth LLC bought a new stake in shares of AppLovin in the 4th quarter valued at about $38,000. Institutional investors own 41.85% of the company’s stock.

Key Headlines Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin was featured as a top long-term growth stock by Zacks, which can boost investor confidence by pointing to strong style-score and growth-screening characteristics. Why AppLovin (APP) is a Top Growth Stock for the Long-Term
• Positive Sentiment: Several reports said analysts view AppLovin as one of the best S&P 500 stocks to buy now, reinforcing the idea that Wall Street remains constructive on the company’s growth outlook. Here is Why AppLovin (APP) is One of the Best S&P 500 Stocks to Buy Now According to Analysts
• Positive Sentiment: The stock benefited from a broader risk-on move after yields fell and market sentiment improved, helping AppLovin extend a rebound alongside other growth names. AppLovin and Elastic Shares Are Soaring, What You Need To Know
• Positive Sentiment: AppLovin was also highlighted in investor-focused coverage as a trending growth stock, which can attract momentum buyers when a stock is already on traders’ watchlists. Is Trending Stock AppLovin Corporation (APP) a Buy Now?
• Neutral Sentiment: Additional articles repeated the same bullish thesis around AppLovin’s AI-enabled advertising tools and insider ownership, but did not appear to add materially new company-specific news.
• Neutral Sentiment: Pixalate’s trust-index release named AppLovin among leaders in mobile ad inventory quality, which is supportive for the business but not necessarily a direct near-term stock catalyst. Pixalate Releases Q1 2026 Mobile Seller Trust Index 2.0: 16.2% of Global Authorized Mobile App Inventory Is Resold Through Arbitrage; Google AdExchange Top-Ranked ‘Direct’ Seller in the US
• Negative Sentiment: One article noted AppLovin’s stock had fallen meaningfully over the prior six months, reminding investors that the name remains volatile despite the recent rebound. 3 Reasons We’re Fans of AppLovin (APP)

Insider Transactions at AppLovin

In related news, CTO Vasily Shikin sold 62,804 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $484.42, for a total transaction of $30,423,513.68. Following the transaction, the chief technology officer directly owned 3,189,739 shares of the company’s stock, valued at approximately $1,545,173,366.38. This represents a 1.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Victoria Valenzuela sold 20,000 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $565.89, for a total value of $11,317,800.00. Following the transaction, the insider directly owned 243,961 shares in the company, valued at approximately $138,055,090.29. This trade represents a 7.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 226,014 shares of company stock valued at $113,073,400 in the last 90 days. Corporate insiders own 13.66% of the company’s stock.

AppLovin Stock Down 1.1%

Shares of AppLovin stock opened at $515.20 on Wednesday. AppLovin Corporation has a one year low of $320.00 and a one year high of $745.61. The company has a debt-to-equity ratio of 1.49, a current ratio of 3.24 and a quick ratio of 3.24. The stock’s 50-day moving average is $488.14 and its 200 day moving average is $519.82. The firm has a market cap of $173.08 billion, a price-to-earnings ratio of 44.26, a PEG ratio of 0.85 and a beta of 2.45.

AppLovin (NASDAQ:APP) last announced its earnings results on Wednesday, May 6th. The company reported $3.56 EPS for the quarter, beating the consensus estimate of $3.44 by $0.12. AppLovin had a return on equity of 219.37% and a net margin of 64.29%.The company had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.77 billion. During the same quarter in the prior year, the company earned $1.67 EPS. The firm’s revenue for the quarter was up 58.9% compared to the same quarter last year. Equities research analysts anticipate that AppLovin Corporation will post 15.86 EPS for the current year.

Analyst Upgrades and Downgrades

APP has been the topic of a number of analyst reports. KeyCorp set a $775.00 price target on AppLovin in a research report on Wednesday, June 10th. UBS Group reduced their price target on AppLovin from $740.00 to $716.00 and set a “buy” rating on the stock in a research report on Thursday, May 7th. Wells Fargo & Company upped their price target on AppLovin from $560.00 to $571.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Weiss Ratings lowered AppLovin from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 7th. Finally, Wedbush reissued an “outperform” rating and issued a $640.00 price objective on shares of AppLovin in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $669.62.

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.