Foster Group 13F: Exits AppLovin (APP) Stake
Foster Group has sold its entire stake in AppLovin, reducing its holdings by 543 shares.
Reviewed by automated data checks against the source filing. How we make and check alerts
Foster Group sold its entire stake of 543 shares in AppLovin Corporation ($APP), according to a 13F filing with the SEC dated October 13, 2026.
Since the filing, $APP is down 2.3% to date (from the $272.28 close on Oct 13, 2026).
APP
AppLovin Corporation
Key Points
- Foster Group sold its entire holding of 543 shares in AppLovin Corporation, exiting its position completely.
- AppLovin, with a market cap of about $110.9 billion, operates in the advertising industry with a P/E ratio of 25.4.
- The company's next earnings report is expected on November 4, 2026, with analysts recommending a 'buy' rating.
Get $APP trade alerts by text
We text you when insiders, Congress or big funds trade $APP. Free.
Not investment advice. EarningsIQ is not a registered investment adviser, and this automated AppLovin Corporation alert may contain errors. Disclosures
Foster Group has completely exited its position in AppLovin Corporation, according to the latest 13F filing with the SEC. The filing, dated October 13, 2026, shows that Foster Group sold all 543 shares it previously held, marking a 100% reduction in its stake.
Foster Group vs. the S&P 500
Hypothetical returns from Foster Group's disclosed trades, not real profit or advice. How we model this.
What Changed in Foster Group's AppLovin Position
Foster Group sold out of AppLovin Corporation, reducing its holdings by 543 shares. This complete exit means the group no longer holds any shares in the company, as reflected in its latest filing.
AppLovin Corporation Stock Up 1.5%
As of last Friday, AppLovin Corporation, listed on the NasdaqGS under the ticker APP, boasts a market cap of approximately $110.9 billion. The company has a price-to-earnings ratio of 25.4 and a forward P/E of 15.7, indicating it is profitable. The stock's 52-week range is between $297.5 and $745.61, with recent moving averages of $353.66 over 50 days and $473.70 over 200 days. AppLovin has a beta of 2.488, suggesting higher volatility compared to the market. The company maintains a strong current ratio of 4.3 and a quick ratio of 4.166, with a debt-to-equity ratio of 111.13.
Recent Earnings
In its most recent earnings report, AppLovin posted revenue of $6.83 billion, with a growth rate of 52.8%. The company achieved a net margin of 64.6% and a return on equity of 2.04%. The next earnings announcement is scheduled for November 4, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
4 target raises vs 1 cuts.
-
EPS & revenue
EPS beat estimates by 3.6%. Revenue beat estimates by 3.3%.
-
Profit surprise
EBITDA met by 1 percent. Operating income beat by 7 percent.
-
Pre-earnings setup
Bar was high, analysts already very bullish.
-
Analyst signal
4 target raises, 1 target cut.
-
Earnings quality
Gross margin up 2.0 points. Operating margin up 5.7 points. Positive free cash flow.
Earnings Call Summary
AppLovin delivered 1.84 billion dollars in revenue, up 59 percent year over year, and beat guidance again. The gaming business remains strong while the consumer vertical is growing faster, with March spending 25 percent higher than January and April setting a record month. Management is excited about opening the platform to the public in June and seeing new game developers adopt ad monetization alongside in-app purchases.
Guidance AppLovin guided for 1.915 to 1.945 billion dollars in second-quarter revenue, up 52 to 55 percent year over year. They expect adjusted EBITDA margin around 84 to 85 percent. Management said the consumer vertical is accelerating fast and the June platform launch to the public will unlock much larger growth.
Solid report. Results were generally better than expected, but the forward outlook did not materially change.
About AppLovin Corporation
AppLovin Corporation, headquartered in Palo Alto, California, provides AI-powered advertising solutions. The company operates through its Advertising and Apps segments, offering products like Axon Ads Manager and MAX, which optimize advertising inventory through real-time auctions. AppLovin serves a diverse client base, including individual developers, small businesses, and large enterprises. Founded in 2011, the company is led by CEO Adam Arash Foroughi and employs 876 people.
Bottom Line
Foster Group's complete exit from AppLovin Corporation highlights a strategic shift in its investment portfolio. Investors often track such filings to gauge institutional sentiment, although it's important to note that 13F filings are backward-looking and may not reflect the fund's current position. AppLovin remains a significant player in the advertising sector, with strong financial metrics and a positive outlook from analysts.
Related Filing Alerts
Source: Foster Group's 13F filing on $APP (Oct 13, 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: Foster Group 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts