Vanguard Group Inc. increased its position in Applovin Corp by 39.4% according to a recent filing. The asset manager now holds a total of 24,954,458 shares. This disclosure represents approximately 7.38% of the company.
Applovin reported fourth-quarter 2025 financial results on February 11. The company exceeded both revenue and EPS estimates. The stock has experienced volatility since the report despite the positive results.
Phillip Securities upgraded the stock to a BUY rating on February 16. The firm cited continued momentum in the advertising business as the driver for the upgrade.