Applovin Corp (NASDAQ: APP) is 7.43% higher on its value in year-to-date trading and has touched a low of $60.67 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 $328.54 in the last trading session, with the day’s gains setting it 19.36%.
Currently trading at $347.90, the stock is 24.95% and 23.88% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.81 million and changing 5.89% at the moment leaves the stock 41.54% off its SMA200. APP registered 370.14% gain for a year compared to 6-month gain of 106.41%.
The stock witnessed a 31.87% loss in the last 1 month and extending the period to 3 months gives it a -9.50%, and is 15.26% up 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 5.54% over the week and 6.80% over the month.
Applovin Corp (APP) has around 1563 employees, a market worth around $117.73B and $5.14B in sales. Current P/E ratio is 62.82 and Fwd P/E is 30.56. Profit margin for the company is 37.38%. Distance from 52-week low is 473.43% and -33.75% from its 52-week high. The company has generated returns on investments over the last 12 months (46.99%).
The EPS is expected to grow by 73.56% this year.
Applovin Corp (APP) Top Institutional Holders
The shares outstanding are 307.67M, and float is at 211.32M with Short Float at 4.79%.
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 5.6909% 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 3.8878% 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
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Still, SEC filings show that on May 12 ’25, Jansen Katie Kihorany (Officer) Proposed Sale 39,996 shares at an average price of $350.14 for $14.0 million. The insider now directly holds shares of Applovin Corp (APP).
