After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that AppLovin Appoints Barbara Messing to its Board of Directors.
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Stocks Info
APP belongs to the Technology sector of the NASDAQ while operating in the Software – Application industry. The current market capitalization of Applovin Corp is $19.72B. A total of 2.86 million shares were traded on the day, compared to an average of 3.48M shares.
Insider Activity
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, APP has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 22 BUYs and 51 SELLs from insiders. Insiders purchased 16,094,921 shares during that period but sold 141,292,189.
In the most recent transaction, Valenzuela Victoria sold 2,890 shares of APP for 57.76 per share on Feb 22. After the transaction, the CLO & Corp. Secretary now owns 546,560 company shares. In a previous transaction on Feb 20, Billings Craig Scott sold 5,550 shares at 58.33 per share. APP shares that Director owns now total 0.
Among the insiders who sold shares, Harvey Dawson Alyssa disposed of 928 shares on Feb 20 at a per-share price of $59.13. This resulted in the Director holding 12,739 shares of APP after the transaction. In another insider transaction, Valenzuela Victoria sold 17,959 shares at $54.92 per share on Feb 15. Company shares held by the CLO & Corp. Secretary now total 570,387.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for APP in the last 3 months, the mean price target is $65.94 with high estimates of $88.00 and low estimates of $38.00. In terms of 52-week highs and lows, APP has a high of $61.35 and a low of $11.69.
As of this writing, APP has an earnings estimate of $0.56 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $0.77 per share and a lower estimate of $0.41. The company reported an EPS of $0.3 in the last quarter, which was 11.10% higher than expectations of $0.27.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. APP’s latest balance sheet shows that the firm has $1.52B in Cash & Short Term Investments as of fiscal 2021. There were $3.33B in debt and $640.10M in liabilities at the time. Its Book Value Per Share was $3.70, while its Total Shareholder’s Equity was $2.14B.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for APP is Buy with a score of 4.20.
