Harvest Fund Management Co. Ltd Acquires 1,731 Shares of AppLovin Corporation $APP

Harvest Fund Management Co. Ltd lifted its position in shares of AppLovin Corporation (NASDAQ:APP) by 4.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 41,576 shares of the company’s stock after purchasing an additional 1,731 shares during the period. AppLovin accounts for about 1.0% of Harvest Fund Management Co. Ltd’s holdings, making the stock its 18th biggest position. Harvest Fund Management Co. Ltd’s holdings in AppLovin were worth $27,999,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in APP. Allworth Financial LP increased its holdings in AppLovin by 131.7% during the third quarter. Allworth Financial LP now owns 6,049 shares of the company’s stock worth $4,347,000 after buying an additional 3,438 shares during the last quarter. APG Asset Management N.V. purchased a new position in shares of AppLovin in the third quarter worth about $4,958,000. Metis Global Partners LLC increased its stake in shares of AppLovin by 138.3% in the third quarter. Metis Global Partners LLC now owns 10,094 shares of the company’s stock worth $7,253,000 after purchasing an additional 5,859 shares in the last quarter. Stratos Wealth Partners LTD. increased its stake in shares of AppLovin by 35.4% in the third quarter. Stratos Wealth Partners LTD. now owns 27,831 shares of the company’s stock worth $19,998,000 after purchasing an additional 7,271 shares in the last quarter. Finally, Franklin Resources Inc. increased its stake in shares of AppLovin by 24.9% in the third quarter. Franklin Resources Inc. now owns 2,442,450 shares of the company’s stock worth $1,754,996,000 after purchasing an additional 487,492 shares in the last quarter. 41.85% of the stock is owned by institutional investors.

Insider Activity

In other AppLovin news, CFO Matthew Stumpf sold 9,052 shares of AppLovin stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $600.00, for a total transaction of $5,431,200.00. Following the completion of the sale, the chief financial officer directly owned 177,450 shares in the company, valued at $106,470,000. The trade was a 4.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Arash Adam Foroughi sold 50,000 shares of AppLovin stock in a transaction that occurred on 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 sale, 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 a total of 464,016 shares of company stock worth $218,477,985 in the last three months. Insiders own 13.66% of the company’s stock.

Analysts Set New Price Targets

APP has been the subject of several recent research reports. Needham & Company LLC reiterated a “buy” rating and issued a $700.00 target price on shares of AppLovin in a research note on Thursday, May 28th. UBS Group reduced their target price on shares of AppLovin from $740.00 to $716.00 and set a “buy” rating for the company in a research note on Thursday, May 7th. Piper Sandler lifted their target price on shares of AppLovin from $650.00 to $665.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $700.00 target price on shares of AppLovin in a research note on Thursday, February 12th. Finally, The Goldman Sachs Group reduced their target price on shares of AppLovin from $710.00 to $585.00 and set a “neutral” rating for the company in a research note on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $664.35.

AppLovin Price Performance

Shares of NASDAQ:APP opened at $558.87 on Friday. The company has a 50 day moving average of $468.02 and a 200 day moving average of $521.18. The stock has a market cap of $187.75 billion, a P/E ratio of 48.01, a P/E/G ratio of 0.93 and a beta of 2.45. AppLovin Corporation has a 12 month low of $320.00 and a 12 month high of $745.61. The company has a current ratio of 3.24, a quick ratio of 3.24 and a debt-to-equity ratio of 1.49.

AppLovin (NASDAQ:APP) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $3.56 EPS for the quarter, beating the consensus estimate of $3.44 by $0.12. The company had revenue of $1.84 billion during the quarter, compared to analysts’ expectations of $1.77 billion. AppLovin had a net margin of 64.29% and a return on equity of 219.37%. AppLovin’s revenue for the quarter was up 58.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.67 earnings per share. As a group, sell-side analysts forecast that AppLovin Corporation will post 15.86 EPS for the current fiscal year.

AppLovin News Roundup

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin is being highlighted as a top-ranked momentum stock, reinforcing the view that the shares still have strong technical and growth-driven appeal. AppLovin (APP) is a Top-Ranked Momentum Stock: Should You Buy?
• Positive Sentiment: AppLovin’s May rally was attributed to strong earnings and continued support from both buy-side and sell-side investors, suggesting the latest results are still resonating with the market. Why AppLovin Rallied in May
• Positive Sentiment: Analyst coverage remains constructive, with APP receiving an average rating of “Moderate Buy,” which can help support investor confidence. AppLovin Corporation (NASDAQ:APP) Receives Average Rating of “Moderate Buy” from Analysts
• Neutral Sentiment: Several recent articles frame AppLovin as a growth stock with high insider ownership, a point that may attract long-term investors but does not by itself change the near-term outlook. June 2026 Growth Stocks With High Insider Ownership
• Neutral Sentiment: Coverage also notes that APP has declined year to date and is being weighed against strong profitability and AI-driven ad growth, leaving the stock caught between growth enthusiasm and valuation concerns. AppLovin Slides 15% YTD: Is the Stock a Buying Opportunity?
• Negative Sentiment: Broader ad-tech weakness is pressuring sentiment, with investors becoming more cautious about the group and questioning whether ad-tech stocks are “dead money” this year. Trade Desk Is Down 44% This Year and AppLovin Is Down 17%. Are Ad-Tech Stocks Dead Money in 2026?
• Negative Sentiment: AppLovin was also mentioned in a software selloff tied to profit-taking, adding short-term pressure to the shares. 8×8, BlackLine, and AppLovin Stocks Trade Down, What You Need To Know

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.