Amundi 13F: Cuts AppLovin (APP) Stake by $161M
Institutional investor Amundi trimmed its stake in AppLovin Corporation during the period, cutting its holdings by over 310,000 shares.
Reviewed by automated data checks against the source filing. How we make and check alerts
Amundi sold 311,477 shares from its stake in AppLovin Corporation ($APP), a 21.83% decrease, according to a 13F filing with the SEC dated May 18, 2026. It reported 1,115,419 shares worth $575.62 million at the end of the quarter.
Since the filing, $APP is up 4.4% after 1 week, down 2.6% after 1 month and down 46.0% to date (from the $492.38 close on May 18, 2026).
APP
AppLovin Corporation
Key Points
- Amundi cut its stake in AppLovin Corporation by 21.8%, selling 311,477 shares to leave a total holding of 1,115,419 shares.
- The software platform trades with a price-to-earnings ratio of 21.5 and a forward P/E of 13.6, with shares recently changing hands around $516.
- Wall Street analysts maintain a consensus buy rating on the advertising technology developer alongside a mean price target of $480.08.
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Amundi Trims AppLovin Holdings
Institutional investor Amundi lowered its exposure to AppLovin Corporation NasdaqGS:APP during the period, cutting its holdings by 311,477 shares, according to a Form 13F filing with the U.S. Securities and Exchange Commission. Because 13F reports look backward at past quarters, this filing captures positions as of that reporting window and may not reflect current trades.
Details of the Portfolio Adjustment
The reduction brought Amundi down to 1,115,419 shares of the communication services company, a 21.8% decrease from its prior total of 1,426,896 shares. The remaining stake held a reported value of roughly $575.6 million at the close of the reporting period.
AppLovin Stock Performance
AppLovin shares trade near $516.06, reflecting strong upward momentum over the past year. The equity moves well above its 50-day moving average of $309.84 and its 200-day moving average of $438.97, operating within a 52-week range spanning from a low of $260.99 up to a high of $738.01.
Recent Insider Activity
Away from institutional portfolio adjustments, insiders have also managed personal holdings in the software firm. On June 16, 2026, insider Eduardo Vivas sold 163,910 shares at an average price of $504.06, totaling roughly $82.6 million. This transaction was carried out under a planned trading arrangement governed by Rule 10b5-1.
Wall Street Analyst Outlook
Several financial firms have updated their outlooks and price targets for the advertising technology developer. On October 14, 2026, Goldman Sachs maintained a neutral rating while adjusting its price target to $400.00 from $465.00. On the same day, Wedbush maintained an outperform rating while moving its target to $560.00 from $610.00. Morgan Stanley kept an overweight rating on October 13, 2026, with a target of $400.00, following an earlier September update with a $450.00 target. Oppenheimer maintained an outperform rating on October 12, 2026, with a target of $490.00. Jefferies maintained a buy rating on October 8, 2026, moving its target to $375.00 from $550.00, and Needham reiterated a buy rating on October 6, 2026, with a $475.00 target. BTIG also maintained a buy rating with a $396.00 target on September 8, 2026. Across the street, analysts hold a consensus buy rating on the stock with a mean price target of $480.08.
About AppLovin Corporation
AppLovin Corporation builds artificial intelligence-powered marketing and advertising tools that help businesses and mobile app developers manage campaigns, run real-time auctions, and analyze digital reach. The firm serves enterprises, independent studios, and app publishers globally from its headquarters in Palo Alto, California.
What to Watch at AppLovin Corporation
Market participants will look toward the company's next scheduled earnings report on November 4, 2026, for further updates on revenue and platform growth. Institutional shifts like the one from Amundi will continue to surface through subsequent SEC filings as portfolio managers adjust allocations.
Related Filing Alerts
Source: Amundi's 13F filing on $APP (May 18, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Amundi 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts