APP
Another big buyer steps in
Mirae Asset Global Investments decided AppLovin still looked appetizing, increasing its position by 21,427 shares. That pushed its total holding to 195,265 shares, worth roughly $131.6 million.
Why this matters
When a large institution adds to a position, it can signal that the professional money crowd still sees upside — or at least doesn’t think the party’s over yet. In AppLovin’s case, that’s a meaningful signal because the stock has been one of the market’s louder AI-adjacent winners.
But there’s a little mixed messaging
The article also reminds you that AppLovin just posted a strong quarter, with EPS of $3.24 versus $2.89 expected and revenue of $1.66 billion, up 66% year over year. Nice. But it also notes heavy insider selling last quarter, including sales by director Eduardo Vivas and CEO Arash Foroughi.
- More institutional buying = confidence from big investors
- Big insider selling = a little more caution on the inside
- Strong earnings = the business still has plenty of gas in the tank
Big picture: AppLovin still looks like one of those stocks where everybody has an opinion — and the money keeps showing up from both the bulls and the skeptics.