Russell Investments Group Ltd. decreased its stake in shares of AppLovin Corporation (NASDAQ:APP – Free Report) by 10.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 239,600 shares of the company’s stock after selling 27,056 shares during the period. Russell Investments Group Ltd.’s holdings in AppLovin were worth $162,017,000 at the end of the most recent reporting period.
A number of other institutional investors also recently made changes to their positions in the stock. Washington Trust Advisors Inc. boosted its stake in shares of AppLovin by 160.0% during the fourth quarter. Washington Trust Advisors Inc. now owns 39 shares of the company’s stock valued at $27,000 after acquiring an additional 24 shares during the last quarter. Board of the Pension Protection Fund purchased a new stake in AppLovin during the 4th quarter worth about $27,000. Laurel Wealth Advisors LLC acquired a new position in AppLovin in the 4th quarter valued at about $32,000. Graney & King LLC purchased a new position in AppLovin in the 3rd quarter valued at about $36,000. Finally, Aventura Private Wealth LLC purchased a new position in AppLovin in the 4th quarter valued at about $38,000. 41.85% of the stock is owned by institutional investors and hedge funds.
AppLovin Trading Down 1.1%
NASDAQ APP opened at $515.20 on Wednesday. AppLovin Corporation has a 12 month low of $320.00 and a 12 month high of $745.61. The company has a 50-day moving average of $488.14 and a 200-day moving average of $519.82. 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 company has a market cap of $173.08 billion, a P/E ratio of 44.26, a P/E/G ratio of 0.85 and a beta of 2.45.
Insider Activity at AppLovin
In other AppLovin news, CEO Arash Adam Foroughi sold 33,042 shares of AppLovin stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $486.95, for a total value of $16,089,801.90. Following the transaction, the chief executive officer owned 2,369,351 shares in the company, valued at $1,153,755,469.45. This trade represents a 1.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Matthew Stumpf sold 9,052 shares of the business’s stock in a transaction 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 sale, the chief financial officer directly owned 177,450 shares of the company’s stock, valued at $106,470,000. This represents a 4.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 226,014 shares of company stock worth $113,073,400. Company insiders own 13.66% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on the stock. Arete Research set a $340.00 price target on shares of AppLovin and gave the stock a “neutral” rating in a report on Monday, March 2nd. Weiss Ratings downgraded shares of AppLovin from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, May 7th. BTIG Research restated a “buy” rating and set a $640.00 target price on shares of AppLovin in a research report on Thursday, May 7th. Oppenheimer lowered their target price on shares of AppLovin from $740.00 to $660.00 and set an “outperform” rating for the company in a research note on Thursday, March 5th. Finally, KeyCorp set a $775.00 price target on AppLovin in a report on Wednesday, June 10th. 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 stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $669.62.
Trending Headlines about 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)
AppLovin Company 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.
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