Yousif Capital Management LLC grew its stake in AppLovin Corporation (NASDAQ:APP – Free Report) by 27.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,359 shares of the company’s stock after purchasing an additional 6,733 shares during the quarter. Yousif Capital Management LLC’s holdings in AppLovin were worth $9,108,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Signature Estate & Investment Advisors LLC lifted its stake in AppLovin by 3,695.3% in the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 76,361 shares of the company’s stock valued at $39,345,000 after buying an additional 74,349 shares in the last quarter. Insight Wealth Strategies LLC purchased a new stake in AppLovin during the 2nd quarter worth approximately $6,939,000. Generate Investment Management Ltd purchased a new stake in AppLovin during the 2nd quarter worth approximately $7,226,000. Saudi Central Bank raised its holdings in shares of AppLovin by 88.7% during the second quarter. Saudi Central Bank now owns 16,070 shares of the company’s stock valued at $8,280,000 after acquiring an additional 7,555 shares during the last quarter. Finally, Nykredit A S acquired a new position in shares of AppLovin during the second quarter valued at approximately $41,902,000. 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:
- Negative Sentiment: Multiple law firms publicized a securities class action against AppLovin and certain executives, with a November 16, 2026 deadline for investors to seek appointment as lead plaintiff. The notices largely repeat the same lawsuit rather than represent separate new cases. Pomerantz class action announcement
- Negative Sentiment: The lawsuit covers investors who acquired APP securities between February 12 and August 5, 2026. It alleges that AppLovin and executives made misleading statements about the consistency and effectiveness of improvements to the company’s AI advertising models, potentially overstating business performance. The allegations have not been proven. Hagens Berman AppLovin class action report
- Negative Sentiment: The case follows a critical analyst report published July 13 and AppLovin’s August 5 second-quarter results, which reportedly caused sharp declines in the stock. One investor notice also alleges that Chief Executive Officer Adam Foroughi and Chief Financial Officer Matthew Stumpf sold more than $109.1 million of APP stock; this is an allegation in the litigation, not an established finding. APP shareholder alert
- Neutral Sentiment: The legal notices do not provide a new operating update or change AppLovin’s reported fundamentals. The company previously reported strong year-over-year revenue growth, but its latest revenue came in slightly below analyst expectations, leaving investors focused on execution, AI-model performance and litigation risk. Kaplan Fox AppLovin class action notice
AppLovin Price Performance
NASDAQ:APP opened at $260.25 on Friday. AppLovin Corporation has a one year low of $258.32 and a one year high of $738.01. The company has a debt-to-equity ratio of 1.11, a quick ratio of 4.30 and a current ratio of 4.30. The stock has a market cap of $87.09 billion, a PE ratio of 20.00, a P/E/G ratio of 0.54 and a beta of 2.56. The stock has a 50 day moving average price of $300.05 and a 200 day moving average price of $407.08.
AppLovin (NASDAQ:APP – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $3.76 earnings per share for the quarter, hitting analysts’ consensus estimates of $3.76. The company had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.94 billion. AppLovin had a return on equity of 193.10% and a net margin of 64.58%. The firm’s revenue for the quarter was up 52.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.39 earnings per share. Equities research analysts expect that AppLovin Corporation will post 15.67 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on the company. William Blair set a $440.00 target price on AppLovin in a research report on Monday, August 17th. Citigroup dropped their price target on AppLovin from $600.00 to $500.00 and set a “buy” rating for the company in a research report on Monday, October 19th. Needham & Company LLC reiterated a “buy” rating and set a $475.00 price target on shares of AppLovin in a research report on Tuesday, October 6th. Oppenheimer reduced their price objective on AppLovin from $560.00 to $490.00 and set an “outperform” rating for the company in a research note on Monday, October 12th. Finally, Piper Sandler restated a “neutral” rating on shares of AppLovin in a report on Friday, October 2nd. Three analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, AppLovin presently has a consensus rating of “Moderate Buy” and an average price target of $507.75.
View Our Latest Research Report on APP
About AppLovin
AppLovin Corporation is a technology company that provides software and services designed to help mobile application developers grow, monetize and operate their businesses. Its platform supports user acquisition, advertising, mediation, analytics and other functions across the mobile app ecosystem.
The company’s principal products include AppDiscovery, which helps developers market their applications and acquire users; MAX, an in-app bidding and monetization platform; and its AXON technology, an artificial intelligence-powered engine intended to improve advertising performance and match users with relevant applications and content.
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