Savant Capital LLC Reduces Holdings in AppLovin Corporation $APP

Posted by Jeff Wilder on Jun 1st, 2026

Savant Capital LLC decreased its position in shares of AppLovin Corporation (NASDAQ:APP – Free Report) by 30.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,418 shares of the company’s stock after selling 1,069 shares during the period. Savant Capital LLC’s holdings in AppLovin were worth $1,630,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Washington Trust Advisors Inc. increased its stake in AppLovin by 160.0% during the 4th quarter. Washington Trust Advisors Inc. now owns 39 shares of the company’s stock worth $27,000 after buying an additional 24 shares during the period. Board of the Pension Protection Fund bought a new stake in shares of AppLovin in the 4th quarter worth about $27,000. CBIZ Investment Advisory Services LLC increased its position in shares of AppLovin by 58.6% in the 3rd quarter. CBIZ Investment Advisory Services LLC now owns 46 shares of the company’s stock worth $33,000 after purchasing an additional 17 shares during the last quarter. Laurel Wealth Advisors LLC bought a new stake in shares of AppLovin in the 4th quarter worth about $32,000. Finally, Graney & King LLC bought a new stake in shares of AppLovin in the 3rd quarter worth about $36,000. Hedge funds and other institutional investors own 41.85% of the company’s stock.

AppLovin Stock Performance

NASDAQ APP opened at $613.09 on Monday. AppLovin Corporation has a one year low of $320.00 and a one year high of $745.61. The company has a 50-day simple moving average of $456.58 and a 200-day simple moving average of $520.78. The company has a debt-to-equity ratio of 1.49, a quick ratio of 3.24 and a current ratio of 3.24. The firm has a market capitalization of $205.96 billion, a PE ratio of 52.67, a price-to-earnings-growth ratio of 1.00 and a beta of 2.45.

AppLovin (NASDAQ:APP – Get Free Report) last posted its quarterly 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 net margin of 64.29% and a return on equity of 219.37%. The business had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.77 billion. During the same period in the previous year, the business posted $1.67 EPS. The company’s quarterly revenue was up 58.9% on a year-over-year basis. On average, equities analysts forecast that AppLovin Corporation will post 15.86 earnings per share for the current year.

AppLovin News Roundup

Here are the key news stories impacting AppLovin this week:

Positive Sentiment: Needham reaffirmed its Buy rating and lifted its price target to $700, reinforcing the view that AppLovin still has room to run. Needham Reaffirms Buy Rating on AppLovin
Positive Sentiment: Deutsche Bank also raised its price target to $660 while maintaining a Buy rating, adding to the bullish analyst backdrop. Why Wall Street Still Sees More Upside In AppLovin
Positive Sentiment: Zacks said AppLovin’s AI-powered ad platform is driving record revenue momentum as demand expands across digital advertising and e-commerce, suggesting the company’s growth story remains intact. AppLovin’s Revenue Momentum Reflects AI-Driven Advertising Demand
Positive Sentiment: Multiple reports noted the stock moved higher after positive analyst commentary tied to strong recent financial results and the upcoming AI advertising platform rollout. Why AppLovin (APP) Stock Is Trading Up Today
Neutral Sentiment: A Zacks roundup also grouped AppLovin with other growth names, but the mention was largely a general analyst note rather than a new company-specific catalyst. Zacks Analyst Blog Highlights Citigroup, TotalEnergies, AppLovin
Neutral Sentiment: One analysis compared AppLovin with Coherent and argued COHR has an edge due to valuation and AI infrastructure demand, but this appears more like relative commentary than a direct fundamental setback for APP. Coherent vs. AppLovin: Which AI Growth Stock Is Better Positioned?
Negative Sentiment: Recent insider selling by CTO Vasily Shikin may temper sentiment somewhat, though the sales were small relative to his remaining holdings and are outweighed by the bullish analyst-driven narrative. AppLovin CTO Insider Sales

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on APP shares. Wedbush reissued an “outperform” rating and issued a $640.00 target price on shares of AppLovin in a research report on Thursday, May 7th. BTIG Research reissued a “buy” rating and issued a $640.00 target price on shares of AppLovin in a research report on Thursday, May 7th. Jefferies Financial Group dropped their target price on shares of AppLovin from $860.00 to $700.00 and set a “buy” rating for the company in a research report on Thursday, February 12th. Weiss Ratings downgraded shares of AppLovin from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 7th. Finally, Morgan Stanley reissued an “overweight” rating on shares of AppLovin in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, AppLovin currently has a consensus rating of “Moderate Buy” and an average target price of $664.35.

Get Our Latest Research Report on APP

Insider Buying and Selling at AppLovin

In other news, Director Eduardo Vivas sold 163,910 shares of AppLovin stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $453.49, for a total value of $74,331,545.90. Following the completion of the transaction, the director directly owned 6,969,382 shares of the company’s stock, valued at approximately $3,160,545,043.18. The trade was a 2.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Arash Adam Foroughi sold 50,000 shares of AppLovin stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $466.04, for a total transaction of $23,302,000.00. Following the completion of the transaction, the chief executive officer directly owned 2,480,414 shares of the company’s stock, valued at $1,155,972,140.56. This trade represents a 1.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 464,016 shares of company stock valued at $218,477,985. Corporate insiders own 13.66% of the company’s stock.

AppLovin Profile

(Free Report)

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.