AppLovin Corporation $APP Stock Purchased by Paragon Advisors LLC

Paragon Advisors LLC lifted its position in AppLovin Corporation (NASDAQ:APP – Free Report) by 32.1% in the third quarter, HoldingsChannel reports. The firm owned 6,167 shares of the company’s stock after buying an additional 1,498 shares during the period. Paragon Advisors LLC’s holdings in AppLovin were worth $1,791,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Pioneer Family Office LLC acquired a new stake in AppLovin during the second quarter worth about $31,000. Cassaday & Co Wealth Management LLC acquired a new position in AppLovin in the 1st quarter valued at about $25,000. LifeSteps Financial Inc. acquired a new position in AppLovin in the 2nd quarter valued at about $40,000. Archer Investment Corp purchased a new stake in shares of AppLovin in the 2nd quarter valued at approximately $42,000. Finally, IMA Advisory Services Inc. grew its stake in shares of AppLovin by 40.0% in the 1st quarter. IMA Advisory Services Inc. now owns 84 shares of the company’s stock valued at $33,000 after buying an additional 24 shares during the period. Hedge funds and other institutional investors own 41.85% of the company’s stock.

Analyst Upgrades and Downgrades

APP has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft cut their price target on shares of AppLovin from $660.00 to $580.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Wedbush upped their price objective on AppLovin from $560.00 to $600.00 and gave the company an “outperform” rating in a report on Thursday. Royal Bank Of Canada increased their price objective on AppLovin from $500.00 to $520.00 and gave the stock an “outperform” rating in a research report on Thursday. Citigroup lowered their target price on shares of AppLovin from $600.00 to $500.00 and set a “buy” rating for the company in a research note on Monday, October 19th. Finally, Benchmark dropped their price objective on AppLovin from $500.00 to $440.00 and set a “buy” rating for the company in a research note on Monday, August 17th. Three analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $497.93.

Get Our Latest Stock Report on AppLovin

AppLovin News Summary

Here are the key news stories impacting AppLovin this week:

  • Positive Sentiment: AppLovin reported Q3 revenue of $2.18 billion, up 55.5% year over year, and EPS of $4.30, beating analyst estimates. Net income rose 72% to $1.44 billion, with a net margin near 66%. AppLovin Q3 results
  • Positive Sentiment: Q4 revenue guidance of $2.365 billion–$2.395 billion came in above expectations, supporting hopes that growth from AppLovin’s AI-powered advertising models can continue as their rollout expands. CEO Adam Foroughi also said the business could grow roughly 30% annually over the long term. CEO comments on long-term growth
  • Positive Sentiment: The company expanded its share repurchase authorization to $3.6 billion, while strong cash generation gives it capacity to return capital to shareholders. Cash generation and buyback
  • Neutral Sentiment: Analyst views are mixed: RBC and Oppenheimer raised their targets to $520 and reiterated positive ratings, while Wells Fargo’s raised $347 target remains below the shares’ recent trading level and carries an equal-weight rating. Analyst target changes
  • Negative Sentiment: Multiple law firms publicized a pending securities class action covering investors who bought shares from February 12 through August 5, 2026. The suit alleges misleading statements about AI-model readiness and adoption of self-service ad tools; the allegations are not established findings, but the litigation could create uncertainty. The lead-plaintiff deadline is November 16. Class-action notice

AppLovin Price Performance

Shares of AppLovin stock opened at $391.22 on Monday. The company has a quick ratio of 3.80, a current ratio of 3.80 and a debt-to-equity ratio of 1.07. AppLovin Corporation has a 52-week low of $225.19 and a 52-week high of $738.01. The company has a market capitalization of $130.92 billion, a P/E ratio of 26.33, a P/E/G ratio of 0.81 and a beta of 2.51. The company has a 50 day moving average of $293.36 and a 200 day moving average of $409.91.

AppLovin (NASDAQ:APP – Get Free Report) last announced its quarterly earnings data on Wednesday, November 4th. The company reported $4.30 EPS for the quarter, beating analysts’ consensus estimates of $4.03 by $0.27. AppLovin had a net margin of 65.89% and a return on equity of 182.97%. The company had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.07 billion. During the same period in the prior year, the firm posted $2.45 EPS. The company’s quarterly revenue was up 55.5% compared to the same quarter last year. As a group, research analysts forecast that AppLovin Corporation will post 16.18 EPS for the current fiscal year.

AppLovin Company Profile

(Free Report)

AppLovin is a technology company that provides software to help mobile app developers and advertisers grow their businesses. Its platform connects advertisers seeking users with app publishers looking to monetize their audiences, using data and machine-learning tools to support advertising and user acquisition.

The company’s products include AXON, its advertising optimization engine; AppDiscovery, which helps advertisers find and acquire users; and MAX, a platform for managing in-app advertising.

See Also

Want to see what other hedge funds are holding APP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AppLovin Corporation (NASDAQ:APP – Free Report).

Institutional Ownership by Quarter for AppLovin (NASDAQ:APP)

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