<div id="readability-page-1"><p>HBW Advisory Services LLC lowered its holdings in  AppLovin Corporation (NASDAQ:APP - Free Report) by 33.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,762 shares of the company's stock after selling 2,867 shares during the quarter. HBW Advisory Services LLC's holdings in AppLovin were worth $4,140,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><ul><li>MarketBeat Week in Review – 12/15 - 12/19</li></ul><p>Other institutional investors also recently modified their holdings of the company. Concurrent Investment Advisors LLC boosted its holdings in  AppLovin by 31.5% in the second quarter. Concurrent Investment Advisors LLC now owns 4,646 shares of the company's stock worth $1,627,000 after purchasing an additional 1,114 shares during the last quarter.  Aberdeen Group plc raised its stake in  AppLovin by 6.5% during the 2nd quarter. Aberdeen Group plc now owns 114,180 shares of the company's stock valued at $39,972,000 after buying an additional 7,001 shares during the last quarter.  Legal Advantage Investments Inc. bought a new position in shares of  AppLovin during the 2nd quarter valued at $1,523,000.  IFM Investors Pty Ltd boosted its stake in shares of  AppLovin by 15.6% in the 2nd quarter. IFM Investors Pty Ltd now owns 45,209 shares of the company's stock worth $15,827,000 after buying an additional 6,104 shares during the last quarter.  Finally, Park Avenue Securities LLC boosted its stake in shares of  AppLovin by 30.6% in the 2nd quarter. Park Avenue Securities LLC now owns 20,890 shares of the company's stock worth $7,313,000 after buying an additional 4,890 shares during the last quarter. 41.85% of the stock is owned by hedge funds and other institutional investors. </p><h2>AppLovin Stock Down 1.8%</h2><p>APP stock opened at $714.23 on Friday. The business's 50-day moving average price is $629.93 and its 200-day moving average price is $522.33. The stock has a market cap of $241.37 billion, a P/E ratio of 86.68, a PEG ratio of 3.90 and a beta of 2.51. The company has a quick ratio of 3.25, a current ratio of 3.25 and a debt-to-equity ratio of 2.38. AppLovin Corporation has a twelve month low of $200.50 and a twelve month high of $745.61. </p><ul><li>Don’t Bet Against AppLovin: The Case Against the Shorts</li></ul><p>AppLovin (NASDAQ:APP - Get Free Report) last released its earnings results on Wednesday, November 5th. The company reported $2.45 EPS for the quarter, topping 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 company had revenue of $1.41 billion for the quarter, compared to analysts' expectations of $1.34 billion. During the same quarter last year, the business earned $1.29 EPS. The firm's revenue was up 68.2% compared to the same quarter last year.  On average, equities research analysts forecast that  AppLovin Corporation will post 6.87 EPS for the current year. </p><h2>Insider Activity</h2><p>In related news, insider Victoria Valenzuela sold 7,609 shares of AppLovin stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $657.13, for a total transaction of $5,000,102.17. Following the transaction, the insider owned 277,110 shares in the company, valued at approximately $182,097,294.30. The trade was a 2.67% decrease in their position. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which can be accessed through this link. Also, CTO Vasily Shikin sold 27,143 shares of the company's stock in a transaction on Monday, November 24th. The stock was sold at an average price of $545.38, for a total transaction of $14,803,249.34. Following the completion of the transaction, the chief technology officer directly owned 3,323,681 shares of the company's stock, valued at $1,812,669,143.78. This represents a 0.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 340,336 shares of company stock valued at $200,062,623 over the last 90 days. Company insiders own  13.66% of the company's stock. </p><h2>Wall Street Analysts Forecast Growth</h2><ul><li>Is Appian The AI Play Investors Have Completely Missed?</li></ul><p>A number of research firms recently commented on APP. Oppenheimer  set a $740.00 price objective on AppLovin in a research report on Tuesday, October 7th. UBS Group  restated a &#34;buy&#34; rating and set a $775.00 price target on shares of AppLovin in a research note on Thursday, December 11th. BTIG Research  reiterated a &#34;buy&#34; rating and issued a $771.00 price objective on shares of AppLovin in a research note on Wednesday, December 17th. Piper Sandler raised their price objective on shares of AppLovin from $740.00 to $800.00 and gave the stock an &#34;overweight&#34; rating in a report on Thursday, November 6th. Finally, Benchmark boosted their target price on shares of AppLovin from $700.00 to $775.00 and gave the company a &#34;buy&#34; rating in a research report on Thursday, December 11th. Nineteen investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one  has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $695.90.</p><p><b>Get Our Latest Analysis on APP</b></p><h2>About AppLovin</h2> (Free Report)<p>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.  </p><p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than AppLovin</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Do you know what Amazon is planning for January 1?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li></ul><p><strong>Want to see what other hedge funds are holding APP?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AppLovin Corporation (NASDAQ:APP - Free Report).</p><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 reporting and unbiased coverage. 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>HBW Advisory Services LLC reduced its stake in AppLovin Corporation by 33.2% in Q3, selling 2,867 shares. The firm's holdings are now valued at $4,140,000. Other institutional investors have also adjusted their positions in AppLovin. The company's stock opened at $714.23, with a market cap of $241.37 billion. Recent insider sales and analyst ratings are also noted.</p>

HBW Advisory Services LLC Sells 2,867 Shares of AppLovin Corporation $APP