AppLovin Corporation $APP Shares Acquired by Nemes Rush Group LLC

Nemes Rush Group LLC grew its holdings in AppLovin Corporation (NASDAQ:APP) by 306.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,726 shares of the company’s stock after purchasing an additional 1,301 shares during the period. Nemes Rush Group LLC’s holdings in AppLovin were worth $501,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Signature Estate & Investment Advisors LLC increased its position in shares of AppLovin by 3,695.3% in the second quarter. Signature Estate & Investment Advisors LLC now owns 76,361 shares of the company’s stock valued at $39,345,000 after acquiring an additional 74,349 shares during the last quarter. Insight Wealth Strategies LLC acquired a new position in AppLovin during the second quarter valued at approximately $6,939,000. Generate Investment Management Ltd acquired a new position in AppLovin during the second quarter valued at approximately $7,226,000. Saudi Central Bank grew its stake in AppLovin by 88.7% in the second quarter. Saudi Central Bank now owns 16,070 shares of the company’s stock valued at $8,280,000 after purchasing an additional 7,555 shares in the last quarter. Finally, Nykredit A S acquired a new position in shares of AppLovin during the 2nd quarter worth approximately $41,902,000. Institutional investors and hedge funds own 41.85% of the company’s stock.

AppLovin News Summary

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin’s third-quarter revenue rose 55% year over year, and its fourth-quarter outlook topped expectations. Coverage says the results helped fuel a sharp recent rally; the company’s growth and the potential for further rollout of its ad models are cited as reasons for optimism. AppLovin Shares Surge as Revenue Continues to Soar
• Positive Sentiment: A Zacks analysis says AppLovin’s above-average financial growth could help it outperform the market, reinforcing the bullish growth narrative. Zacks growth-investor analysis
• Negative Sentiment: Several law firms are publicizing a pending securities class action for investors who bought shares from February 12 through August 5, 2026. The suit alleges the company misrepresented the progress and adoption of its AI models and self-service ad tools; these are allegations, not established findings. The lead-plaintiff deadline is November 16. The litigation could create legal costs and weigh on sentiment. Hagens Berman class-action notice

AppLovin Stock Performance

Shares of NASDAQ:APP opened at $410.00 on Tuesday. The company’s 50 day moving average price is $295.20 and its two-hundred day moving average price is $409.29. AppLovin Corporation has a 12-month low of $225.19 and a 12-month high of $738.01. The firm has a market cap of $137.21 billion, a PE ratio of 27.59, a PEG ratio of 0.60 and a beta of 2.51. The company has a quick ratio of 4.30, a current ratio of 4.30 and a debt-to-equity ratio of 1.11.

AppLovin (NASDAQ:APP) last released its earnings results on Wednesday, November 4th. The company reported $4.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.03 by $0.27. AppLovin had a return on equity of 196.31% and a net margin of 65.89%. The company 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 firm posted $2.45 EPS. AppLovin’s quarterly revenue was up 55.5% on a year-over-year basis. Equities research analysts predict that AppLovin Corporation will post 16.18 earnings per share for the current year.

Analyst Ratings Changes

APP has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft cut their price objective on AppLovin from $660.00 to $580.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Piper Sandler restated a “neutral” rating and set a $355.00 target price (up from $325.00) on shares of AppLovin in a report on Thursday. Raymond James Financial dropped their price target on shares of AppLovin from $640.00 to $590.00 in a research report on Thursday, August 6th. William Blair set a $440.00 price objective on shares of AppLovin in a research report on Monday, August 17th. Finally, Evercore reissued an “outperform” rating and issued a $510.00 price objective (down from $630.00) on shares of AppLovin in a research report on Tuesday, September 1st. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $497.93.

About AppLovin

AppLovin is a technology company that provides software to help mobile app developers and advertisers grow their businesses. Its platform connects advertisers seeking users with app publishers looking to monetize their audiences, using data and machine-learning tools to support advertising and user acquisition.

The company’s products include AXON, its advertising optimization engine; AppDiscovery, which helps advertisers find and acquire users; and MAX, a platform for managing in-app advertising.