New York State Teachers Retirement System Buys 207,476 Shares of AppLovin Corporation $APP

by · The Cerbat Gem

New York State Teachers Retirement System grew its stake in shares of AppLovin Corporation (NASDAQ:APP – Free Report) by 4,097.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 212,539 shares of the company’s stock after acquiring an additional 207,476 shares during the period. New York State Teachers Retirement System owned about 0.06% of AppLovin worth $152,718,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Revolve Wealth Partners LLC purchased a new stake in shares of AppLovin in the 4th quarter worth $294,000. Bison Wealth LLC purchased a new stake in AppLovin in the fourth quarter worth about $239,000. Integrated Wealth Concepts LLC lifted its stake in AppLovin by 58.0% in the first quarter. Integrated Wealth Concepts LLC now owns 1,692 shares of the company’s stock worth $448,000 after acquiring an additional 621 shares during the period. Geneos Wealth Management Inc. grew its holdings in AppLovin by 285.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,398 shares of the company’s stock worth $1,165,000 after acquiring an additional 3,258 shares in the last quarter. Finally, Acadian Asset Management LLC increased its position in AppLovin by 65.6% during the 1st quarter. Acadian Asset Management LLC now owns 17,960 shares of the company’s stock valued at $4,752,000 after purchasing an additional 7,113 shares during the period. Institutional investors own 41.85% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Scotiabank increased their price objective on shares of AppLovin from $575.00 to $750.00 and gave the company an “outperform” rating in a research note on Thursday, November 6th. Wells Fargo & Company increased their target price on AppLovin from $721.00 to $735.00 and gave the company an “overweight” rating in a research report on Thursday. Bank of America boosted their price target on AppLovin from $580.00 to $860.00 and gave the stock a “buy” rating in a research report on Wednesday, October 1st. Weiss Ratings reiterated a “buy (b-)” rating on shares of AppLovin in a research note on Monday, December 29th. Finally, Zacks Research raised shares of AppLovin from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 1st. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $696.60.

Check Out Our Latest Stock Analysis on APP

AppLovin News Roundup

Here are the key news stories impacting AppLovin this week:

  • Positive Sentiment: Benchmark reiterated a Buy on APP with a $775 price target (Mike Hickey, Jan. 6); the coverage note (which cites continued confidence in AppLovin’s growth) reinforces upward analyst momentum and likely contributed to buying interest. Benchmark Reiterates Buy InsiderMonkey Coverage
  • Positive Sentiment: High-profile media endorsement — Jim Cramer said he “can’t name a single competitor to AppLovin,” a bullish narrative that can attract momentum buyers and retail interest. Cramer Says No Competitor
  • Neutral Sentiment: Zacks published a piece comparing Skillsoft (SKIL) and AppLovin (APP) for value-oriented investors — useful context on sector valuation but it’s comparative rather than company-specific news that would immediately move APP. Zacks SKIL vs APP
  • Neutral Sentiment: 247WallSt published a forward-looking price forecast noting AppLovin’s stock recovery after last year’s decline and citing better-than-expected quarterly results — supportive narrative but inherently speculative. 247WallSt Forecast
  • Neutral Sentiment: Bristlemoon Global Fund published its Q4 2025 report (institutional activity/context). These fund reports can signal shifting ownership but the entry provided doesn’t note a clear, direct trade action for APP. Bristlemoon Q4 Report
  • Neutral Sentiment: A general “3 growth stocks” roundup appeared on The Motley Fool; it offers sector context but is not APP-specific in the provided entry and is unlikely to be a primary driver of APP’s move. Fool Growth Stocks

AppLovin Stock Performance

APP opened at $647.72 on Friday. The company has a market cap of $218.90 billion, a P/E ratio of 78.61, a price-to-earnings-growth ratio of 2.14 and a beta of 2.50. The company has a quick ratio of 3.25, a current ratio of 3.25 and a debt-to-equity ratio of 2.38. The firm’s 50-day moving average price is $639.00 and its 200-day moving average price is $543.91. AppLovin Corporation has a 52-week low of $200.50 and a 52-week high of $745.61.

AppLovin (NASDAQ:APP – Get Free Report) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $2.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.34 by $0.11. AppLovin had a net margin of 51.27% and a return on equity of 258.49%. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the prior year, the business posted $1.29 EPS. AppLovin’s revenue for the quarter was up 68.2% compared to the same quarter last year. As a group, equities analysts anticipate that AppLovin Corporation will post 6.87 EPS for the current fiscal year.

Insider Transactions at AppLovin

In related news, CTO Vasily Shikin sold 27,143 shares of the stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $545.38, for a total value of $14,803,249.34. Following the transaction, the chief technology officer owned 3,323,681 shares in the company, valued at approximately $1,812,669,143.78. This represents a 0.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Dawson Alyssa Harvey sold 150 shares of AppLovin stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $693.32, for a total transaction of $103,998.00. Following the sale, the director owned 2,829 shares of the company’s stock, valued at approximately $1,961,402.28. The trade was a 5.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 340,336 shares of company stock worth $200,062,623 in the last 90 days. 13.66% of the stock is owned by company insiders.

AppLovin Company Profile

(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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