Aptus Capital Advisors Reduces Stake in AppLovin

Investment firm sells 6,465 shares of mobile tech company

Published on Mar. 7, 2026

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Aptus Capital Advisors LLC decreased its stake in shares of AppLovin Corporation (NASDAQ:APP) by 23.5% during the third quarter, according to a recent SEC filing. The institutional investor now owns 21,045 shares of the company's stock, valued at $15.1 million.

Why it matters

AppLovin is a prominent mobile technology company that provides software and services to help app developers grow and monetize their businesses. The reduction in Aptus Capital's stake could signal a shift in investor sentiment around the company.

The details

According to the filing, Aptus Capital Advisors sold 6,465 shares of AppLovin stock during the third quarter. The firm now holds 21,045 shares of the company, valued at $15.1 million. AppLovin's stock has seen significant volatility in recent months, with shares trading between a 52-week low of $200.50 and a high of $745.61.

  • Aptus Capital Advisors sold the shares during the third quarter of 2026.

The players

Aptus Capital Advisors LLC

An institutional investment firm that decreased its stake in AppLovin Corporation.

AppLovin Corporation

A mobile technology company that provides software and services to help app developers grow and monetize their businesses.

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The takeaway

The reduction in Aptus Capital's stake in AppLovin could signal a shift in investor sentiment around the mobile tech company, which has seen significant stock price volatility in recent months. However, the overall consensus among analysts remains positive, with a 'Moderate Buy' rating and an average price target of $654.50.