Applovin Corp (NASDAQ: APP) is 16.44% higher on its value in year-to-date trading and has touched a low of $57.40 and a high of $525.15 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The APP stock was last observed hovering at around $410.45 in the last trading session, with the day’s loss setting it -33.39%.
Currently trading at $377.06, the stock is -6.87% and 3.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.3 million and changing -8.13% at the moment leaves the stock 95.91% off its SMA200. APP registered 552.35% gain for a year compared to 6-month gain of 323.66%.
The stock witnessed a 3.84% loss in the last 1 month and extending the period to 3 months gives it a 15.94%, and is -23.98% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.15% over the week and 7.50% over the month.
Applovin Corp (APP) has around 1745 employees, a market worth around $128.22B and $4.71B in sales. Current P/E ratio is 83.04 and Fwd P/E is 38.27. Profit margin for the company is 33.51%. Distance from 52-week low is 556.90% and -28.20% from its 52-week high. The company has generated returns on investments over the last 12 months (34.07%).
with sales reaching $1.38B over the same period.The EPS is expected to grow by 45.96% this year, but quarterly earnings will post 23.14% year-over-year. Quarterly sales are estimated to grow 30.38% in year-over-year returns.
Applovin Corp (APP) Top Institutional Holders
The shares outstanding are 309.35M, and float is at 208.91M with Short Float at 6.75%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 19.1 million shares valued at $1.59 billion. The investor’s holdings represent 5.689% of the APP Shares outstanding. As of 2024-06-30, the second largest holder is GQG PARTNERS LLC with 13.29 million shares valued at $1.11 billion to account for 3.9588 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 13.05 million shares representing 3.8865% and valued at over $1.09 billion, while WCM INVESTMENT MANAGEMENT, LLC holds 2.9169 of the shares totaling 9.79 million with a market value of $813.86 million.
Applovin Corp (APP) Insider Activity
The most recent transaction is an insider sale by Foroughi Arash Adam, the company’s CEO & Chairperson. SEC filings show that Foroughi Arash Adam sold 44,400 shares of the company’s common stock on Feb 24 ’25 at a price of $410.89 per share for a total of $18.24 million. Following the sale, the insider now owns 2.87 million shares.
Applovin Corp disclosed in a document filed with the SEC on Feb 21 ’25 that Foroughi Arash Adam (CEO & Chairperson) sold a total of 45,000 shares of the company’s common stock. The trade occurred on Feb 21 ’25 and was made at $422.21 per share for $19.0 million. Following the transaction, the insider now directly holds 2.91 million shares of the APP stock.
Still, SEC filings show that on Feb 24 ’25, Foroughi Arash Adam (CEO & Chairperson) disposed off 600 shares at an average price of $396.93 for $0.24 million. The insider now directly holds 2,913,892 shares of Applovin Corp (APP).
