The stock of Applovin Corp (NASDAQ:APP) last traded at $358.35, down -1.30% from the previous session.
APP stock price is now 22.72% away from the 50-day moving average and 39.98% away from the 200-day moving average. The market capitalization of the company currently stands at $121.26B.
With the price target maintained at $350, Morgan Stanley recently Upgraded its rating from Equal-Weight to Overweight for Applovin Corp (NASDAQ: APP). On March 28, 2025, FBN Securities recently initiated its ‘Outperform’ rating on the stock quoting a target price of $385, while ‘The Benchmark Company’ rates the stock as ‘Buy’
In other news, Valenzuela Victoria, CLO & Corp. Secretary sold 6,585 shares of the company’s stock on May 19 ’25. The stock was sold for $2,437,965 at an average price of $370.23. Upon completion of the transaction, the CLO & Corp. Secretary now directly owns 357,903 shares in the company, valued at $128.25 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 21 ’25, CLO & Corp. Secretary Valenzuela Victoria sold 6,599 shares of the business’s stock. A total of $2,437,370 was realized by selling the stock at an average price of $369.35. This leaves the insider owning 344,256 shares of the company worth $123.36 million. A total of 37.49% of the company’s stock is owned by insiders.
During the past 12 months, Applovin Corp has had a low of $60.67 and a high of $525.15. As of last week, the company has a debt-to-equity ratio of 6.45, a current ratio of 1.68, and a quick ratio of 1.68.
The net profit margin was 37.38% and return on equity was 287.44% for APP.
