Key Points
- Director Eduardo Vivas sold 163,910 shares at an average price of $453.49 (≈$74.33M), trimming his stake by ~2.3% to 6,969,382 shares, according to an SEC filing.
- The sale helped drive an intraday decline of about 3.6% in AppLovin's stock amid below‑average volume, with minor institutional trims adding to downward pressure.
- Separately, AppLovin posted strong results—$3.24 EPS vs. $2.89 expected and revenue of $1.66B (up 66% y/y)—but analyst reactions are mixed; consensus is a "Moderate Buy" with an average price target of $654.50 and several recent target cuts.
AppLovin Corporation (NASDAQ:APP - Get Free Report) Director Eduardo Vivas sold 163,910 shares of the company's stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $453.49, for a total transaction of $74,331,545.90. Following the transaction, the director directly owned 6,969,382 shares of the company's stock, valued at approximately $3,160,545,043.18. This trade represents a 2.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.
AppLovin Stock Down 3.6%
NASDAQ APP opened at $442.57 on Thursday. The company has a debt-to-equity ratio of 1.65, a current ratio of 3.32 and a quick ratio of 3.32. The stock has a market capitalization of $149.27 billion, a PE ratio of 45.39, a PEG ratio of 0.81 and a beta of 2.51. AppLovin Corporation has a 1 year low of $200.50 and a 1 year high of $745.61. The business's 50-day moving average is $483.75 and its 200 day moving average is $573.55.
AppLovin (NASDAQ:APP - Get Free Report) last released its quarterly earnings results on Wednesday, February 11th. The company reported $3.24 EPS for the quarter, beating analysts' consensus estimates of $2.89 by $0.35. AppLovin had a return on equity of 245.64% and a net margin of 57.42%.The business had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.61 billion. During the same quarter in the prior year, the company posted $1.73 EPS. AppLovin's quarterly revenue was up 66.0% compared to the same quarter last year. Sell-side analysts forecast that AppLovin Corporation will post 6.87 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of analysts recently commented on APP shares. Zacks Research lowered AppLovin from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 12th. Piper Sandler restated an "overweight" rating and issued a $650.00 price objective (down from $800.00) on shares of AppLovin in a report on Thursday, February 12th. Citigroup dropped their target price on shares of AppLovin from $820.00 to $710.00 and set a "buy" rating for the company in a research report on Thursday, February 12th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $700.00 target price on shares of AppLovin in a research note on Thursday, February 12th. Finally, Wells Fargo & Company decreased their price target on shares of AppLovin from $735.00 to $543.00 and set an "overweight" rating for the company in a research note on Thursday, February 12th. Twenty equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $654.50.
Check Out Our Latest Stock Report on AppLovin
Trending Headlines about AppLovin
Here are the key news stories impacting AppLovin this week:
- Positive Sentiment: Company growth initiatives: Analysts and research pieces highlight AppLovin’s push into e‑commerce and its AXON 2.0 platform as a potential new growth engine that could expand monetization beyond gaming. This supports longer‑term upside if execution continues. APP's Next Growth Engine: Can E-Commerce Expansion Drive Growth?
- Positive Sentiment: Analyst sentiment: The average broker recommendation remains bullish (consensus ≈ Buy), which can provide support and capital‑allocation confidence for institutional holders. Is It Worth Investing in AppLovin (APP) Based on Wall Street's Bullish Views?
- Neutral Sentiment: Valuation and volatility commentary: Coverage is mixed on whether current price levels fully reflect growth prospects; recent pieces urge investors to reassess valuation given high volatility. This frames debate but does not immediately move fundamentals. Is It Time To Reconsider AppLovin (APP) After Recent Volatile Share Price Moves?
- Neutral Sentiment: Short interest data reported in some feeds shows anomalies/zeros and provides no clear signal to the market about rising short pressure. Treat these figures cautiously until confirmed. (Multiple data posts)
- Negative Sentiment: Director insider sale: Director Eduardo Vivas sold 163,910 shares at an average price of $453.49 (~$74.3M), trimming his stake by ~2.3%. That disclosure is the primary driver cited by outlets for the intraday decline, as large director sales often trigger selling or caution among investors. Eduardo Vivas insider trade
- Negative Sentiment: Market reaction & liquidity: Coverage tying the price drop to insider selling and reports of below‑average intraday volume suggest weaker bid support on the news, amplifying downward pressure. AppLovin Stock Price Down Following Insider Selling
- Negative Sentiment: Small institutional trimming: Filings show minor position reductions by some advisers (e.g., Advisory Services Network LLC sold a small parcel), which, combined with the director sale, contributed to the negative narrative. Advisory Services Network LLC Sells Shares
Hedge Funds Weigh In On AppLovin
Several institutional investors and hedge funds have recently added to or reduced their stakes in APP. Revolve Wealth Partners LLC bought a new stake in shares of AppLovin during the 4th quarter valued at $294,000. Bison Wealth LLC purchased a new position in AppLovin during the 4th quarter valued at about $239,000. Integrated Wealth Concepts LLC lifted its position in AppLovin by 58.0% during the 1st quarter. Integrated Wealth Concepts LLC now owns 1,692 shares of the company's stock valued at $448,000 after acquiring an additional 621 shares during the period. Empower Advisory Group LLC bought a new stake in AppLovin during the second quarter worth about $273,000. Finally, Cetera Investment Advisers boosted its stake in AppLovin by 21.5% during the second quarter. Cetera Investment Advisers now owns 59,696 shares of the company's stock worth $20,898,000 after acquiring an additional 10,580 shares in the last quarter. Hedge funds and other institutional investors own 41.85% of the company's stock.
About AppLovin
(
Get Free Report)
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.
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