Zevenbergen Capital Investments LLC Makes New $10.68 Million Investment in AppLovin Corporation $APP

Zevenbergen Capital Investments LLC purchased a new stake in AppLovin Corporation (NASDAQ:APP) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 14,862 shares of the company’s stock, valued at approximately $10,679,000.

Other institutional investors have also modified their holdings of the company. Hilltop National Bank bought a new position in AppLovin in the second quarter worth about $26,000. LFA Lugano Financial Advisors SA acquired a new stake in shares of AppLovin during the 2nd quarter worth approximately $26,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of AppLovin in the 2nd quarter worth approximately $33,000. Heartwood Wealth Advisors LLC acquired a new position in AppLovin during the 3rd quarter valued at approximately $33,000. Finally, Hoey Investments Inc. acquired a new position in AppLovin during the 2nd quarter valued at approximately $35,000. Institutional investors own 41.85% of the company’s stock.

Insider Activity at AppLovin

In related news, Director Eduardo Vivas sold 150,000 shares of the business’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $650.91, for a total transaction of $97,636,500.00. Following the sale, the director owned 7,133,292 shares of the company’s stock, valued at $4,643,131,095.72. The trade was a 2.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Arash Adam Foroughi sold 30,888 shares of the stock in a transaction on Friday, November 21st. The shares were sold at an average price of $520.29, for a total value of $16,070,717.52. Following the transaction, the chief executive officer directly owned 2,553,161 shares of the company’s stock, valued at approximately $1,328,384,136.69. The trade was a 1.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 340,336 shares of company stock worth $200,062,623 over the last quarter. 13.66% of the stock is currently owned by company insiders.

AppLovin Stock Performance

APP stock opened at $721.37 on Friday. The company has a 50-day simple moving average of $617.10 and a 200 day simple moving average of $511.23. The company has a market capitalization of $243.79 billion, a P/E ratio of 87.55, a PEG ratio of 3.73 and a beta of 2.51. The company has a quick ratio of 3.25, a current ratio of 3.25 and a debt-to-equity ratio of 2.38. AppLovin Corporation has a fifty-two week low of $200.50 and a fifty-two week high of $745.61.

AppLovin (NASDAQ:APP) last released its quarterly earnings results on Wednesday, November 5th. The company reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.34 by $0.11. The company had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.34 billion. AppLovin had a net margin of 51.27% and a return on equity of 258.49%. AppLovin’s revenue was up 68.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.29 EPS. Sell-side analysts predict that AppLovin Corporation will post 6.87 earnings per share for the current fiscal year.

More AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Analysts and margin commentary — Q3 margin strength is being highlighted as a driver of accelerating profitability and operating leverage, supporting higher earnings expectations and reinforcing the bull case. AppLovin’s Margin Engine Fuels its Accelerating Momentum
• Positive Sentiment: Bullish coverage and “case against the shorts” narrative — MarketBeat and other outlets argue fundamentals, rising analyst targets and heavy short interest could produce continued upside or a short squeeze if results keep coming in strong. Don’t Bet Against AppLovin: The Case Against the Shorts
• Positive Sentiment: Price-target upgrades and broker notes — Recent upgrades/raised targets (including Benchmark/Wedbush commentary about AppLovin’s ad leadership) add momentum and give traders a reason to buy into the narrative. AppLovin Seen as Dominant in Mobile Ads as Wedbush Highlights Unity’s Turnaround
• Neutral Sentiment: Insider sale disclosed — An executive sold ~7,609 shares at ~$657 on Dec 18 (2.67% reduction in her holding). The size is material in $ terms but not a major position shift; investors often view routine insider sales as neutral unless part of a pattern. SEC Filing — Insider Sale
• Neutral Sentiment: Options market interest — Elevated options activity suggests institutional players are positioning for further movement, but flow can indicate both speculative and hedging behavior. AppLovin’s Options: A Look at What the Big Money is Thinking
• Negative Sentiment: High valuation and public criticism — Prominent commentators (e.g., Jim Cramer) have flagged APP’s rich multiple and suggested trimming exposure after a big run, which can pressure sentiment among retail and tactical traders. Jim Cramer on AppLovin: “I’m Not Lovin’ as Much”
• Negative Sentiment: Legal and short-seller overhang — Recent reporting and price‑target downdrafts earlier in the year tied to a class‑action suit and short‑seller reports remain a tail‑risk; those issues have driven past volatility and could produce downside if new negative news emerges. AppLovin Price Prediction and Forecast

Analyst Ratings Changes

Several equities research analysts have weighed in on APP shares. JPMorgan Chase & Co. increased their target price on AppLovin from $425.00 to $650.00 and gave the stock a “neutral” rating in a research report on Thursday, November 6th. Phillip Securities upgraded shares of AppLovin to a “moderate buy” rating in a research report on Monday, September 29th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of AppLovin in a report on Monday. Wedbush boosted their target price on shares of AppLovin from $745.00 to $800.00 and gave the company an “outperform” rating in a research note on Thursday, November 6th. Finally, Royal Bank Of Canada upped their target price on shares of AppLovin from $700.00 to $750.00 and gave the stock an “outperform” rating in a research report on Thursday, November 6th. Nineteen equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $695.90.

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.