24,007 Shares in AppLovin Corporation $APP Purchased by Hahn Capital Management LLC

Hahn Capital Management LLC purchased a new stake in shares of AppLovin Corporation (NASDAQ:APP) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 24,007 shares of the company’s stock, valued at approximately $6,972,000. AppLovin accounts for 4.1% of Hahn Capital Management LLC’s portfolio, making the stock its 9th largest holding.

Several other hedge funds also recently added to or reduced their stakes in the stock. Chicago Partners Investment Group LLC grew its stake in AppLovin by 22.1% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 3,371 shares of the company’s stock valued at $877,000 after purchasing an additional 610 shares in the last quarter. 3Chopt Investment Partners LLC grew its position in shares of AppLovin by 83.9% during the third quarter. 3Chopt Investment Partners LLC now owns 905 shares of the company’s stock worth $263,000 after buying an additional 413 shares in the last quarter. Rakuten Investment Management Inc. grew its position in shares of AppLovin by 10.6% during the third quarter. Rakuten Investment Management Inc. now owns 72,335 shares of the company’s stock worth $22,110,000 after buying an additional 6,946 shares in the last quarter. Provenance Wealth Advisors LLC bought a new stake in shares of AppLovin in the third quarter worth $74,000. Finally, Oregon Public Employees Retirement Fund increased its stake in shares of AppLovin by 0.8% in the third quarter. Oregon Public Employees Retirement Fund now owns 33,315 shares of the company’s stock worth $9,676,000 after buying an additional 249 shares during the last quarter. 41.85% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Wedbush cut their price target on shares of AppLovin from $610.00 to $560.00 and set an “outperform” rating on the stock in a report on Wednesday, October 14th. William Blair set a $440.00 price objective on shares of AppLovin in a report on Monday, August 17th. Raymond James Financial dropped their target price on shares of AppLovin from $640.00 to $590.00 in a research report on Thursday, August 6th. Benchmark cut their target price on shares of AppLovin from $500.00 to $440.00 and set a “buy” rating on the stock in a research note on Monday, August 17th. Finally, Citigroup reduced their price target on shares of AppLovin from $600.00 to $500.00 and set a “buy” rating on the stock in a research report on Monday, October 19th. Three analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $493.25.

Key AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin reported Q3 adjusted earnings of $4.30 per share, above estimates of roughly $3.94–$4.03 and up from $2.45 a year earlier. Revenue of $2.18 billion also exceeded the $2.07 billion consensus. AppLovin Q3 earnings and revenues beat estimates
• Positive Sentiment: Management’s Q4 outlook reportedly topped expectations, reinforcing optimism that growth can continue. AppLovin also increased its share-repurchase authorization, adding a potential source of shareholder returns. Q3 results top estimates and Q4 outlook beats AppLovin ups buyback authorization
• Positive Sentiment: Net income rose 72% to about $1.44 billion, highlighting strong profitability, although free cash flow grew more slowly as cash tax payments increased. AppLovin earnings reaction
• Negative Sentiment: Several law firms publicized a securities class action covering investors who bought shares from February 12 to August 5, 2026. The complaint alleges AppLovin misrepresented AI-model progress and delays to its generative-AI video creative tool; the lead-plaintiff deadline is November 16. These are allegations, and the litigation adds uncertainty. Class action deadline alert

AppLovin Price Performance

Shares of NASDAQ APP opened at $271.75 on Thursday. AppLovin Corporation has a twelve month low of $225.19 and a twelve month high of $738.01. The company has a current ratio of 4.30, a quick ratio of 4.30 and a debt-to-equity ratio of 1.11. The company has a market capitalization of $90.94 billion, a price-to-earnings ratio of 20.89, a price-to-earnings-growth ratio of 0.55 and a beta of 2.51. The business has a 50 day simple moving average of $290.82 and a 200-day simple moving average of $411.84.

AppLovin (NASDAQ:APP) last posted its quarterly earnings results on Wednesday, November 4th. The company reported $4.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.03 by $0.27. AppLovin had a return on equity of 193.10% and a net margin of 64.58%. The business had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.07 billion. During the same period in the prior year, the company posted $2.45 EPS. The business’s revenue was up 55.5% compared to the same quarter last year. As a group, equities research analysts expect that AppLovin Corporation will post 15.61 earnings per share for the current year.

About AppLovin

AppLovin Corporation is a technology company that provides software and services designed to help mobile application developers grow, monetize and operate their businesses. Its platform supports user acquisition, advertising, mediation, analytics and other functions across the mobile app ecosystem.

The company’s principal products include AppDiscovery, which helps developers market their applications and acquire users; MAX, an in-app bidding and monetization platform; and its AXON technology, an artificial intelligence-powered engine intended to improve advertising performance and match users with relevant applications and content.