AppLovin (NASDAQ:APP) CFO Matthew Stumpf Sells 9,052 Shares

AppLovin Corporation (NASDAQ:APP) CFO Matthew Stumpf sold 9,052 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $600.00, for a total value of $5,431,200.00. Following the completion of the transaction, the chief financial officer directly owned 177,450 shares in the company, valued at $106,470,000. This trade represents a 4.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

AppLovin Trading Up 2.2%

NASDAQ APP opened at $613.09 on Friday. The firm has a market capitalization of $205.96 billion, a price-to-earnings ratio of 52.67, a PEG ratio of 0.98 and a beta of 2.37. The company has a debt-to-equity ratio of 1.49, a quick ratio of 3.24 and a current ratio of 3.24. AppLovin Corporation has a one year low of $320.00 and a one year high of $745.61. The company’s 50 day moving average price is $456.58 and its 200 day moving average price is $521.70.

AppLovin (NASDAQ:APP) last released its quarterly earnings data on Wednesday, May 6th. The company reported $3.56 earnings per share (EPS) for the quarter, topping 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 company had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.77 billion. During the same period in the previous year, the firm earned $1.67 earnings per share. AppLovin’s revenue for the quarter was up 58.9% on a year-over-year basis. On average, sell-side analysts predict that AppLovin Corporation will post 15.86 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have commented on APP. Oppenheimer cut their price objective on AppLovin from $740.00 to $660.00 and set an “outperform” rating on the stock in a research report on Thursday, March 5th. The Goldman Sachs Group cut their price objective on AppLovin from $710.00 to $585.00 and set a “neutral” rating on the stock in a research report on Thursday, February 12th. Evercore reissued a “buy” rating on shares of AppLovin in a research report on Friday, January 30th. Scotiabank raised their price objective on AppLovin from $750.00 to $775.00 and gave the company an “outperform” rating in a research report on Thursday, February 12th. Finally, Benchmark reissued a “buy” rating on shares of AppLovin in a research report on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $664.35.

Institutional Trading of AppLovin

Several large investors have recently modified their holdings of the business. Glenmede Trust Co. NA grew its stake in shares of AppLovin by 12.2% during the first quarter. Glenmede Trust Co. NA now owns 5,075 shares of the company’s stock valued at $2,020,000 after acquiring an additional 550 shares in the last quarter. Groupama Asset Managment acquired a new position in AppLovin in the first quarter worth about $572,000. Verus Capital Partners LLC grew its stake in AppLovin by 122.7% in the first quarter. Verus Capital Partners LLC now owns 686 shares of the company’s stock worth $273,000 after purchasing an additional 378 shares in the last quarter. Liontrust Investment Partners LLP grew its stake in AppLovin by 2.5% in the first quarter. Liontrust Investment Partners LLP now owns 20,272 shares of the company’s stock worth $8,068,000 after purchasing an additional 485 shares in the last quarter. Finally, Western Wealth Management LLC acquired a new position in AppLovin in the first quarter worth about $194,000. 41.85% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting AppLovin

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

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.