AppLovin Corporation $APP Shares Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al decreased its position in AppLovin Corporation (NASDAQ:APP) by 28.1% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 77,723 shares of the company’s stock after selling 30,400 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in AppLovin were worth $22,573,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. United Asset Strategies Inc. lifted its position in shares of AppLovin by 59.4% in the third quarter. United Asset Strategies Inc. now owns 23,782 shares of the company’s stock worth $6,907,000 after purchasing an additional 8,859 shares in the last quarter. Interchange Capital Partners LLC boosted its holdings in AppLovin by 22.3% during the third quarter. Interchange Capital Partners LLC now owns 4,337 shares of the company’s stock worth $1,259,000 after purchasing an additional 791 shares during the last quarter. China Universal Asset Management Co. Ltd. boosted its holdings in AppLovin by 5.1% during the third quarter. China Universal Asset Management Co. Ltd. now owns 16,552 shares of the company’s stock worth $5,059,000 after purchasing an additional 796 shares during the last quarter. BOKF NA grew its holdings in shares of AppLovin by 55.4% in the 3rd quarter. BOKF NA now owns 14,313 shares of the company’s stock valued at $4,157,000 after acquiring an additional 5,105 shares in the last quarter. Finally, Motley Fool Asset Management LLC increased its position in shares of AppLovin by 0.7% in the third quarter. Motley Fool Asset Management LLC now owns 24,434 shares of the company’s stock valued at $7,096,000 after acquiring an additional 177 shares during the last quarter. Institutional investors and hedge funds own 41.85% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Morgan Stanley dropped their target price on AppLovin from $450.00 to $400.00 and set an “overweight” rating on the stock in a report on Tuesday, October 13th. The Goldman Sachs Group decreased their price target on AppLovin from $465.00 to $400.00 and set a “neutral” rating for the company in a research note on Wednesday, October 14th. BTIG Research lowered their price target on AppLovin from $408.00 to $396.00 and set a “buy” rating on the stock in a research report on Tuesday, September 8th. Bank of America lowered shares of AppLovin from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $430.00 to $400.00 in a research report on Tuesday, August 11th. Finally, HSBC decreased their price objective on shares of AppLovin from $450.00 to $409.00 and set a “buy” rating for the company in a research report on Monday, October 5th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $491.64.

AppLovin Stock Performance

NASDAQ:APP opened at $228.50 on Friday. The stock has a 50 day simple moving average of $294.20 and a 200 day simple moving average of $417.58. The stock has a market cap of $76.47 billion, a P/E ratio of 17.56, a PEG ratio of 0.48 and a beta of 2.56. AppLovin Corporation has a 1-year low of $225.19 and a 1-year 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.

AppLovin (NASDAQ:APP) last released its quarterly earnings results on Wednesday, August 5th. The company reported $3.76 earnings per share for the quarter, meeting analysts’ consensus estimates of $3.76. The company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.94 billion. AppLovin had a net margin of 64.58% and a return on equity of 193.10%. The firm’s quarterly revenue was up 52.8% on a year-over-year basis. During the same period in the previous year, the business earned $2.39 earnings per share. Research analysts anticipate that AppLovin Corporation will post 15.61 earnings per share for the current year.

Key AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin continues to attract bullish attention from some Wall Street analysts. Its average brokerage recommendation remains equivalent to a Buy, while previously published price targets are substantially above the current trading level. AppLovin also delivered strong growth in 2025 and has expanded its software-based advertising business. Is AppLovin a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: Wurl, AppLovin’s subsidiary, launched a Content Intelligence Platform designed to improve transparency and measurement in connected-TV advertising. The initiative could support AppLovin’s expansion into additional digital-advertising channels. AppLovin Flags CTV Ad Transparency Gaps
• Neutral Sentiment: Institutional positioning is mixed: 712 investors added APP shares in their latest reported quarter, while 765 reduced positions. Large purchases by Invesco, Capital World Investors, and JPMorgan contrast with complete or sizable reductions by some other funds.
• Negative Sentiment: Investor concern has intensified ahead of the November 4 earnings report. Recent commentary points to stable rather than accelerating advertiser demand, more conservative estimates, and questions about whether improvements to AppLovin’s advertising models are continuing at the earlier pace. AppLovin Slides as Investors Weigh Slower Growth Signals
• Negative Sentiment: Multiple law firms reported a securities class action covering investors who purchased APP securities from February 12 through August 5, 2026. The allegations center on disclosures about AI advertising-model improvements and the readiness of AppLovin’s generative-AI video tool. The lead-plaintiff deadline is November 16, adding legal and reputational risk. AppLovin Faces Securities Fraud Class Action
• Negative Sentiment: Reported insider activity has consisted entirely of sales over the past six months, including sales by the CEO and chief technology officer. Although insider sales do not necessarily indicate deteriorating fundamentals, the pattern may weigh on sentiment while the stock remains well below its 52-week high.

AppLovin Company Profile

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.