<div id="readability-page-1"><p>Moors &amp; Cabot Inc. bought a new position in shares of  AppLovin Co. (NASDAQ:APP - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities &amp; Exchange Commission. The institutional investor  bought 1,688 shares of the company's stock, valued at approximately $547,000.</p><ul><li>AppLovin vs. HPE: Which Tech Stock Can Bounce Back Faster?</li></ul><p>Several other institutional investors also recently bought and sold shares of the stock. Townsquare Capital LLC raised its stake in shares of  AppLovin by 64.9% in the 3rd quarter. Townsquare Capital LLC now owns 7,942 shares of the company's stock valued at $1,037,000 after acquiring an additional 3,126 shares in the last quarter.  Second Half Financial Partners LLC acquired a new position in  AppLovin during the third quarter valued at approximately $224,000.  State Street Corp lifted its stake in shares of  AppLovin by 8.6% in the third quarter. State Street Corp now owns 5,388,023 shares of the company's stock worth $703,406,000 after buying an additional 428,419 shares during the last quarter.  Eagle Asset Management Inc. boosted its holdings in shares of  AppLovin by 2,200.4% during the 3rd quarter. Eagle Asset Management Inc. now owns 523,149 shares of the company's stock worth $68,297,000 after buying an additional 500,407 shares during the period.  Finally, Zacks Investment Management grew its stake in  AppLovin by 328.1% in the 3rd quarter. Zacks Investment Management now owns 106,121 shares of the company's stock valued at $13,854,000 after buying an additional 81,331 shares during the last quarter. 41.85% of the stock is currently owned by institutional investors. </p><h2>Insider Activity at AppLovin</h2><p>In related news, insider Victoria Valenzuela sold 15,971 shares of the firm's stock in a transaction on Thursday, December 19th. The stock was sold at an average price of $313.07, for a total transaction of $5,000,040.97. Following the completion of the sale, the insider now directly owns 372,205 shares of the company's stock, valued at $116,526,219.35. This trade represents a 4.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Arash Adam Foroughi sold 45,000 shares of AppLovin stock in a transaction on Friday, February 21st. The shares were sold at an average price of $422.21, for a total value of $18,999,450.00. Following the completion of the transaction, the chief executive officer now owns 2,914,492 shares of the company's stock, valued at approximately $1,230,527,667.32. The trade was a 1.52 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 322,871 shares of company stock valued at $111,401,882 in the last ninety days. Insiders own  14.69% of the company's stock. </p><h2>AppLovin Stock Up 7.7 %</h2><ul><li>AppLovin Dominates the Digital Economy Despite Bearish Trends</li></ul><p>NASDAQ APP opened at $292.89 on Friday. AppLovin Co. has a 1-year low of $60.67 and a 1-year high of $525.15. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 3.70. The stock's 50 day moving average is $357.00 and its two-hundred day moving average is $266.70. The company has a market capitalization of $99.57 billion, a price-to-earnings ratio of 64.51, a PEG ratio of 3.02 and a beta of 2.33. </p><p>AppLovin (NASDAQ:APP - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The company reported $1.73 EPS for the quarter, beating the consensus estimate of $1.12 by $0.61. AppLovin had a return on equity of 188.55% and a net margin of 33.54%.  Equities analysts forecast that  AppLovin Co. will post 6.87 earnings per share for the current fiscal year. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>These 3 Unusual ETFs Have Dominated the S&amp;P 500's Performance YTD</li></ul><p>A number of equities research analysts have issued reports on the stock. Benchmark upped their price target on shares of AppLovin from $375.00 to $525.00 and gave the company a &#34;buy&#34; rating in a report on Thursday, February 13th. Needham &amp; Company LLC  restated a &#34;hold&#34; rating on shares of AppLovin in a research note on Thursday, February 13th. Loop Capital lifted their price target on AppLovin from $450.00 to $650.00 and gave the stock a &#34;buy&#34; rating in a research report on Thursday, February 20th. Piper Sandler increased their price objective on AppLovin from $400.00 to $575.00 and gave the company an &#34;overweight&#34; rating in a research report on Thursday, February 13th. Finally, Jefferies Financial Group boosted their target price on shares of AppLovin from $400.00 to $425.00 and gave the stock a &#34;buy&#34; rating in a research report on Wednesday, January 8th. One equities research analyst  has rated the stock with a sell rating, four have issued  a hold rating, fourteen have given a buy rating and one  has issued  a strong buy rating to the company's stock. Based on data from MarketBeat.com, AppLovin  has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $438.28.</p><p><b>View Our Latest Stock Report on AppLovin</b></p><h2>About AppLovin</h2> (Free Report)<p>AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally. It operates through two segments, Software Platform and Apps. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; MAX, an in-app bidding software that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform that provides marketers with the visibility, insights, and tools needed to grow their apps from early stage to maturity; and Wurl, a connected TV platform, which distributes streaming video for content companies and provides advertising and publishing solutions through its AdPool, ContentDiscovery, and Global FAST Pass products.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than AppLovin</li><li>Compound Interest and Why It Matters When Investing</li><li>Rubrik Stock’s V-Bottom Reversal Signals a Major Rally Ahead</li><li>What is the S&amp;P/TSX Index?</li><li>How Super Micro Computer Stock Is Defying the Market Sell-Off</li><li>Investing In Preferred Stock vs. Common Stock</li><li>AppLovin vs. HPE: Which Tech Stock Can Bounce Back Faster?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVBQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVBQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in AppLovin Right Now?</h2><p>Before you consider AppLovin, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AppLovin wasn't on the list.</p><p>While AppLovin currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Moors & Cabot Inc. acquired 1,688 shares of AppLovin Co. (NASDAQ:APP) valued at approximately $547,000 during the 4th quarter, as reported in its Form 13F filing. Other institutional investors also increased their stakes in AppLovin. The stock has seen significant insider trading, with notable sales by executives. AppLovin's stock price rose 7.7%, with a current market cap of $99.57 billion and a P/E ratio of 64.51. Analysts have issued mixed ratings, with price targets ranging from $375 to $650.</p>

Moors & Cabot Inc. Acquires New Shares in AppLovin Co. (NASDAQ:APP)