APP Applovin Corporation Class A Common Stock
XNAS
267.80
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
APP
$267.80
—
Key stats
$267.80
- 52-Week Range
- $260.59 – $738.01
- YTD
- -56.69%
- IV Rank (30D)
- 83.33
- Straddle Price
- $52.35
- P/C Vol Ratio
- 1.13
- Market Cap
- $91.2B
- Open
- $271.38
- Day Range
- $264.08 – $272.65
- Volume
- 2,726,737
- Prev Close
- $272.46
Fair Value
MODEL: LONG
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 5.09% |
| Beta vs SPY | 2.07 |
| Cost of Equity (CAPM) | 16.45% (VRP-adj) |
| WACC | 16.13% |
| Volatility Risk Premium | +53.1pp (IV − HV30), ERP adj +50bps |
| Effective Tax Rate | 15.4% |
| Rev. Growth (YoY, DCF input) | +30.0% |
| DCF Horizon | 12 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.10 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $4.5B |
| Return on Equity (TTM) | 139.4% |
| Book / Price | 3.4% |
| Gross Margin (TTM) | 88.5% |
| FCF Margin (TTM) | 66.3% |
| Debt / Equity | 1.11 |
| Quality Score | 5/6 — high quality (12y DCF) |
| Market-Implied Growth | +21.4% (reverse-DCF on current price) |
| SMA 50 | $302.80 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $284.19 |
| Bollinger Width / SMA20 | 8.2% (drives anchor stability) |
| Net Debt | $0.5B |
| Market Cap | $93B |
Peers used for multiples: AAPL, AMD, AVGO, GOOG, GOOGL, META, MSFT, NVDA
60-Day Conviction
94%
20-Day Fair Value
≈ by Nov 19, 2026
$266.48
α -0.5%
rank 74%
conviction
35%
40-Day Fair Value
≈ by Dec 18, 2026
$266.01
α -0.7%
rank 69%
conviction
21%
60-Day Fair Value
≈ by Jan 18, 2027
$279.91
α +4.5%
rank 82%
conviction
94%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $435.41 | 19% | |
| DDM (Gordon) | n/a | 0% | |
| Peer P/E | $406.43 | 9% | median 28.4× · 8 peers |
| Peer EV/EBITDA | $443.70 | 9% | median 25.3× · 8 peers |
| Peer P/B | $102.57 | 2% | median 11.0× · 8 peers |
| Peer P/S | $250.57 | 6% | median 11.3× · 8 peers |
| Market Anchor (SMA50) | $302.80 | 38% | stability 100% (BB-width) |
| Options Expected (B-L 30d) | $268.75 | 19% | 54 strikes · skew -0.07 |
As of 2026-10-21 · updated
Related
About
- Industry (SIC)
- SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. (7370) · industry map
- Exchange
- XNAS
- Market Cap
- $91.2B
- Employees
- 898
- List Date
- 2021-04-15
- CIK
- 0001751008
- Next Earnings
- 2026-11-04 (After-Close)
- EPS Forecast
- $3.94 (9 est.)
- Headquarters
- Palo Alto, CA
- Homepage
- https://www.applovin.com
AppLovin is a vertically integrated advertising technology company that serves as a demand-side platform for advertisers, a supply-side platform for publishers, and an exchange that facilitates transactions between the two. About 80% of AppLovin's revenue comes from the DSP, AppDiscovery, while the remainder comes from the SSP, Max. AppLovin's primary tool for future growth is Axon 2, an ad optimizer within the DSP that lets advertisers place ads based on specified return thresholds.
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -- | -31.74% | 18.36% | 6.06% | 8.14% | -23.48% | -4.53% |
| Feb | -- | -14.20% | 1.05% | 45.80% | -10.86% | -9.99% | 2.36% |
| Mar | -- | -8.73% | 17.71% | 11.18% | -21.45% | -8.08% | -1.87% |
| Apr | -11.03% | -28.38% | 7.39% | 2.07% | -4.74% | 15.09% | -3.27% |
| May | 23.73% | -3.76% | 48.25% | 16.83% | 40.61% | 33.28% | 26.49% |
| Jun | 9.16% | -10.10% | 3.62% | 0.63% | -12.90% | -16.05% | -4.27% |
| Jul | -13.40% | 1.60% | 21.14% | -9.10% | 16.04% | -30.58% | -2.38% |
| Aug | 11.34% | -27.92% | 37.51% | 23.68% | 26.22% | -23.17% | 7.94% |
| Sep | -2.60% | -22.20% | -7.48% | 48.13% | 49.16% | -6.84% | 9.70% |
| Oct | 31.39% | -16.94% | -10.73% | 29.65% | -9.48% | -4.77%* | 3.19% |
| Nov | -8.42% | -15.83% | 2.13% | 105.93% | -5.17% | -- | 15.73% |
| Dec | 9.44% | -26.31% | 4.18% | -4.92% | 8.05% | -- | -1.91% |
| Total | 48.61% | -90.28% | 239.98% | 772.17% | 79.00% | -61.42% | 164.68% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $281.83
SMA 50: $301.78
SMA 200: $429.18
Current: $267.90
EMA 12: $274.85
EMA 26: $287.78
MACD: -12.9211 | Signal: 0.6808
BEARISH
ADX (14): 23.62
WEAK TREND
+DI: 16.04
−DI: 24.26
Momentum Oscillators
RSI (14): 38.77
NEUTRAL
Stoch %K: 28.62
Stoch %D: 23.93
Williams %R: -72.53
Volume & Volatility
BB Upper: $312.25
BB Lower: $251.40
NEUTRAL
OBV: 150,537,096
Vol SMA 20: 4,543,573
Vol ROC: -23.03%
ATR: $13.21
True Range: $8.57
HV 20: 46.8%
HV 30: 50.2%
HV 60: 63.1%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
Here is the LLM Stock Analysis Report for APP:
Executive Summary
Overall Assessment: BEARISH (Confidence Level: 6/10)
Key Drivers: Bearish momentum signals, negative news sentiment, high volatility.
Primary Risks: High-risk technical setup, oversold conditions, and potential earnings miss.
2-3 Sentence Investment Thesis: While APP has shown some resilience in recent weeks, the bearish momentum indicators, combined with the negative news sentiment and high volatility, suggest a higher probability of further price decline. The stock's beta is extremely high, indicating that it moves more than the broader market, which may exacerbate any potential losses.
Recent News Sentiment Impact: The recent news headlines are mixed, but the overall sentiment is NEUTRAL with a slight lean towards being BEARISH. This suggests that the negative news sentiment may be weighing on the stock's price.
Technical Analysis
Trend Direction: SHORT-TERM (1-4 weeks) - DOWNWARD TREND
Support/Resistance Levels:
- Lower Bollinger Band: $350.86
- Upper Bollinger Band: $469.82
- 20-SMA: $410.34
- 50-SMA: $478.43
Momentum Signals:
- RSI (14): 30.39 (NEUTRAL)
- MACD: -29.95 / Signal: -4.52 / Histogram: -25.43 (BEARISH)
Bollinger Bands Position: OVERSOLD
Volume Analysis:
- Volume SMA 20: 6648961.05
- On-Balance Volume (OBV): 359789408.56
- Volume Rate of Change: 28.55%
News & Sentiment Analysis
Recent Headlines Summary:
- Pixalate's mobile seller trust index shows a decline in resold inventory, which is positive for APP.
- Astera Labs vs. AppLovin and Fastly earnings analysis are neutral, suggesting no significant impact on the stock's price.
Sentiment Assessment: NEUTRAL with a slight lean towards being BEARISH
Catalyst Identification:
- Upcoming earnings report (no date provided)
Market Narrative: The recent news sentiment is mixed, but the overall tone suggests that APP may continue to experience some challenges in the short term.
Risk & Volatility Assessment
Risk Interpretation: HIGH RISK (beta 2.15)
Volatility Regime: CURRENT VOLATILITY IS HIGHER THAN HISTORICAL LEVELS
Options Market Signals:
- IV Rank: 8.2% (LOW)
- Current IV: 70.8%
- Expected Move: $47.20
- Volume Flow: 455 calls vs 553 puts
- Open Interest: 981 calls vs 1,230 puts
- Put/Call Volume Ratio: 1.22 (NEUTRAL sentiment)
Downside Protection:
- Support levels: Lower Bollinger Band ($350.86) and the 20-SMA ($410.34)
- Risk management considerations: Stop-loss levels should be set near the upper Bollinger Band ($469.82) to limit potential losses.
Market Context & Positioning
Sector Performance: APP's performance is relatively weak compared to its peers in the technology sector.
Institutional Activity:
- Volume patterns suggest institutional interest, but it may not be enough to support the stock's price.
Correlation Analysis:
- R-squared interpretation: The stock moves more than the broader market (beta 2.15), indicating high volatility.
Relative Valuation: APP is trading within a declining trend channel and appears relatively expensive compared to its peers.
Key Levels & Action Items
Critical Price Levels:
- Lower Bollinger Band ($350.86)
- Upper Bollinger Band ($469.82)
Breakout/Breakdown Levels:
- Short-term resistance level: 20-SMA ($410.34)
- Long-term support level: SMA 200 ($515.08)
Time-Sensitive Catalysts:
- Upcoming earnings report (no date provided)
Risk Management:
- Stop-loss levels should be set near the upper Bollinger Band ($469.82) to limit potential losses.
- Position sizing considerations: Investors may want to reduce their exposure or consider hedging strategies to manage risk.
Note that this analysis is based on the data provided and does not take into account any external factors that may influence the stock's price.
Generated
News
All APP news →
AppLovin is growing revenue and profits at an extraordinary pace with advertisers increasing budgets. Pinterest has 640 million monthly users and improving AI-powered ad tools, but is still posting net losses.
AppLovin is growing revenue and profits at an extraordinary pace with strong free cash flow. Snap is improving steadily but still posting net losses despite nearly 1 billion monthly users.
Netflix, Oracle, ServiceNow, and AppLovin are well off their highs with the potential to rebound.
AppLovin boasts a 60.8% net margin and $3.9B in free cash flow, while Reddit just turned profitable with a 24.1% margin and zero debt.
These stocks have been among the S&P 500's worst performers of the year.
Showing 1–10 of 30
Page 1 of 3
Earnings History
11 of 22 under expected move
Avg Expected Move
15.49%
Avg Actual Move
17.00%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-05-12 | After-Close | 11.00% | 4.56% | 0.41x | Within |
| 2021-08-11 | After-Close | 12.56% | 2.63% | 0.21x | Within |
| 2021-11-10 | After-Close | 11.97% | 19.97% | 1.67x | Exceeded |
| 2022-02-16 | After-Close | 14.12% | 6.67% | 0.47x | Within |
| 2022-05-11 | After-Close | 14.63% | 34.68% | 2.37x | Exceeded |
| 2022-08-10 | After-Close | 12.85% | 14.83% | 1.15x | Exceeded |
| 2022-11-09 | After-Close | 19.58% | 18.49% | 0.94x | Within |
| 2023-02-08 | After-Close | 19.64% | 27.05% | 1.38x | Exceeded |
| 2023-05-10 | After-Close | 16.45% | 23.53% | 1.43x | Exceeded |
| 2023-08-09 | After-Close | 17.10% | 26.49% | 1.55x | Exceeded |
| 2023-11-08 | After-Close | 17.57% | 1.10% | 0.06x | Within |
| 2024-02-14 | After-Close | 17.39% | 24.81% | 1.43x | Exceeded |
| 2024-05-08 | After-Close | 12.16% | 14.45% | 1.19x | Exceeded |
| 2024-08-07 | After-Close | 21.25% | 14.20% | 0.67x | Within |
| 2024-11-06 | After-Close | 12.49% | 46.27% | 3.70x | Exceeded |
| 2025-02-12 | After-Close | 26.25% | 24.02% | 0.92x | Within |
| 2025-05-07 | After-Close | 17.93% | 11.88% | 0.66x | Within |
| 2025-08-06 | After-Close | 15.36% | 11.97% | 0.78x | Within |
| 2025-11-05 | After-Close | 11.94% | 0.70% | 0.06x | Within |
| 2026-02-11 | After-Close | 14.81% | 19.68% | 1.33x | Exceeded |
| 2026-05-06 | After-Close | 12.10% | 6.41% | 0.53x | Within |
| 2026-08-05 | After-Close | 11.55% | 19.66% | 1.70x | Exceeded |
Earnings calendar: this week’s reports with expected vs actual moves →
APP Options Activity & IV Rank
APP IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 85.7%
7-DTE IV: 53.0%
Expected Move: $52.35
7-DTE Move: $17.50
Days to Exp: 30 (2026-11-20)
Options Flow
Call Volume: 2,063
Put Volume: 2,333
P/C Volume: 1.131
NEUTRAL
Call OI: 33,904
Put OI: 49,675
P/C OI: 1.465
Total OI: 83,579
ATM Options Pricing
ATM Call: $27.25
ATM Put: $25.10
Call %: 10.2%
Put %: 9.4%
Chain Summary
Chain Volume: 33,158
Chain OI: 403,056
Last Updated: 10/21/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
LOW γ vs HISTORY
Estimated net dealer gamma is at the 11th percentile of this name's own daily history, near the low end of its range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
11%
vs own history
GEX tilt
-0.33
OI-weighted, today
Vanna tilt
+0.30
δ-sensitivity to IV
Charm tilt
-0.53
δ-decay vs time
Charm tilt -0.53: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 261 ATM contracts, 87k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
15%
+0.4
pts
EXTREME
as of Oct 21 · ATM 103.3% / Wing 103.7%
30 DTE / 10d
13%
+0.4
pts
EXTREME
as of Oct 21 · ATM 82.8% / Wing 83.1%
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)9.7LowOct 21
IV Rank (30 DTE)83.3HighOct 21
Straddle Price (30 DTE)$52.35Oct 21
Beta Analysis
Risk Metrics
Beta: 2.2532
Alpha: -79.52%
Correlation: 0.3962
R-Squared: 15.7%
Stock Volatility: 72.2%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
High volatility - stock moves more than market
Beta & Alpha Over Time
Notable investors who own APP
8 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Coatue Management Hedge fund Philippe Laffont | $603.4M | #21 of 66 | -9.2% | 13F | |
| Lone Pine Capital Hedge fund Stephen Mandel | $537.0M | #17 of 34 | -28.9% | 13F | |
| Fundsmith Asset manager Terry Smith | $358.9M | #20 of 41 | new | 13F | |
| Citadel Hedge fund Ken Griffin | $96.1M | #419 of 6285 | +40.0% | 13F | |
| Bridgewater Associates Hedge fund Ray Dalio | $75.5M | #53 of 997 | new | 13F | |
| ICONIQ Capital Family office | $36.8M | #12 of 76 | 0.0% | 13F | |
| Millennium Management Hedge fund Izzy Englander | $17.6M | #1204 of 3716 | -23.5% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $14.6M | #588 of 4729 | -6.0% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
APP Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 339,676,000 (as of 2026-06-30)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
58 filers$6.29B notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $1.84B | 29.27% | 2026-06-30 |
| 2 | Citadel Advisors LLC Custodian | $1.29B | 20.46% | 2026-06-30 |
| 3 | Jane Street Group, LLC Custodian | $1.14B | 18.16% | 2026-06-30 |
| 4 | Wolverine Trading, LLC Custodian | $662.71M | 10.54% | 2025-09-30 |
| 5 | HAP TRADING, LLC | $425.17M | 6.76% | 2025-09-30 |
| 6 | Walleye Trading LLC | $137.41M | 2.19% | 2026-06-30 |
| 7 | Millennium Management LLC Custodian | $106.24M | 1.69% | 2026-06-30 |
| 8 | Goldman Sachs Group Inc Custodian | $84.91M | 1.35% | 2026-06-30 |
| 9 | D. E. Shaw & Co., Inc. Custodian | $77.80M | 1.24% | 2026-06-30 |
| 10 | Wells Fargo & Company Custodian | $69.04M | 1.10% | 2026-06-30 |
| 11 | UBS Group AG Custodian | $49.41M | 0.79% | 2026-06-30 |
| 12 | Royal Bank of Canada Custodian | $39.93M | 0.64% | 2026-06-30 |
| 13 | Qube Research & Technologies Ltd | $38.95M | 0.62% | 2026-06-30 |
| 14 | Point72 Asset Management, L.P. | $35.34M | 0.56% | 2026-06-30 |
| 15 | Laurion Capital Management LP | $30.35M | 0.48% | 2026-06-30 |
| 16 | Fund 1 Investments, LLC | $25.76M | 0.41% | 2026-06-30 |
| 17 | Hiddenite Capital Partners LP | $25.76M | 0.41% | 2026-06-30 |
| 18 | Cubist Systematic Strategies, LLC | $25.22M | 0.40% | 2025-09-30 |
| 19 | Allianz Asset Management GmbH | $24.63M | 0.39% | 2026-06-30 |
| 20 | Citigroup Inc. Custodian | $15.46M | 0.25% | 2026-06-30 |
| 21 | PEAK6 LLC | $13.45M | 0.21% | 2026-06-30 |
| 22 | CAPSTONE INVESTMENT ADVISORS, LLC | $13.04M | 0.21% | 2026-06-30 |
| 23 | CAPITAL FUND MANAGEMENT S.A. | $12.16M | 0.19% | 2026-06-30 |
| 24 | BNP Paribas Financial Markets Custodian | $11.95M | 0.19% | 2026-06-30 |
| 25 | Balyasny Asset Management L.P. | $10.82M | 0.17% | 2026-06-30 |
51 filers$4.88B notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $1.42B | 29.07% | 2026-06-30 |
| 2 | Jane Street Group, LLC Custodian | $1.05B | 21.45% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $684.95M | 14.04% | 2026-06-30 |
| 4 | Goldman Sachs Group Inc Custodian | $364.16M | 7.47% | 2026-06-30 |
| 5 | Wolverine Trading, LLC Custodian | $326.76M | 6.70% | 2025-09-30 |
| 6 | Wells Fargo & Company Custodian | $144.11M | 2.95% | 2026-06-30 |
| 7 | D. E. Shaw & Co., Inc. Custodian | $129.79M | 2.66% | 2026-06-30 |
| 8 | PEAK6 LLC | $118.35M | 2.43% | 2026-06-30 |
| 9 | Point72 Asset Management, L.P. | $98.77M | 2.02% | 2026-06-30 |
| 10 | Millennium Management LLC Custodian | $75.74M | 1.55% | 2026-06-30 |
| 11 | TUDOR INVESTMENT CORP ET AL | $50.08M | 1.03% | 2026-06-30 |
| 12 | Cubist Systematic Strategies, LLC | $49.51M | 1.01% | 2025-09-30 |
| 13 | Walleye Trading LLC | $37.51M | 0.77% | 2026-06-30 |
| 14 | Laurion Capital Management LP | $34.37M | 0.70% | 2026-06-30 |
| 15 | BNP Paribas Financial Markets Custodian | $33.28M | 0.68% | 2026-06-30 |
| 16 | Allianz Asset Management GmbH | $31.79M | 0.65% | 2026-06-30 |
| 17 | Qube Research & Technologies Ltd | $31.38M | 0.64% | 2026-06-30 |
| 18 | Temasek Holdings (Private) Ltd | $28.75M | 0.59% | 2026-06-30 |
| 19 | Barclays PLC Custodian | $28.13M | 0.58% | 2026-06-30 |
| 20 | HSBC Holdings plc Custodian | $19.66M | 0.40% | 2026-06-30 |
| 21 | CREDIT AGRICOLE S A | $16.74M | 0.34% | 2026-06-30 |
| 22 | Balyasny Asset Management L.P. | $16.38M | 0.34% | 2026-06-30 |
| 23 | UBS Group AG Custodian | $15.56M | 0.32% | 2026-06-30 |
| 24 | CAPITAL FUND MANAGEMENT S.A. | $12.47M | 0.26% | 2026-06-30 |
| 25 | Citigroup Inc. Custodian | $10.30M | 0.21% | 2026-06-30 |
APP Insider Trading (Form 4)
Latest: 2026-10-16Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-10-16 | Barbara Messing | Director | Award (A) | +64 | — | EDGAR | |
| 2026-10-16 | Maynard G Webb Jr | Director | Award (A) | +67 | — | EDGAR | |
| 2026-08-21 | Victoria Valenzuela | Director | Tax (F) | −2,730 | $308.77 | -$842.9K | EDGAR |
| 2026-08-21 | Xiaochuan Ge | CTO | Tax (F) | −5,459 | $308.77 | -$1.69M | EDGAR |
| 2026-08-21 | Corina I Cacovean | Chief Legal Officer | Tax (F) | −1,540 | $308.77 | -$475.5K | EDGAR |
| 2026-08-21 | Matthew Stumpf | Chief Financial Officer (CFO) | Tax (F) | −2,021 | $308.77 | -$624.0K | EDGAR |
| 2026-08-21 | Arash Adam Foroughi | CEO | Tax (F) | −2,730 | $308.77 | -$842.9K | EDGAR |
| 2026-08-14 | Herald Y Chen | Director | Mixed | +143,791 | — | EDGAR | |
| 2026-08-07 | Eduardo Vivas | Director | Gift (G) | — | — | EDGAR | |
| 2026-08-07 | Eduardo Vivas | Director | Gift (G) | — | — | EDGAR | |
| 2026-07-17 | Barbara Messing | Director | Award (A) | +40 | — | EDGAR | |
| 2026-07-17 | Maynard G Webb Jr | Director | Award (A) | +41 | — | EDGAR | |
| 2026-07-08 | Maynard G Webb Jr | Director | Sell (S) | −3,076 | $521.29 | -$1.60M | EDGAR |
| 2026-06-18 | Eduardo Vivas | Director | Sell (S) | −163,910 | $504.06 | -$82.62M | EDGAR |
| 2026-06-12 | Arash Adam Foroughi | CEO | Sell (S) | −52,165 | $485.14 | -$25.31M | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
APP Insider Holdings
18 insiders · @ $267.90
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Eduardo Vivas | Director | 6,785,087 | $1.82B | -$478.99M | 34 | 2026-08-07 |
| 2 | KKR Associates Americas XII L.P. | 10%+ Owner | 5,342,283 | $1.43B | -$8.17B | 1 | 2024-11-25 |
| 3 | Vasily Shikin | Chief Technology Officer | 3,208,440 | $859.54M | -$630.85M | 66 | 2026-05-27 |
| 4 | Arash Adam Foroughi | CEO | 3,105,473 | $831.96M | -$444.86M | 46 | 2026-08-21 |
| 5 | Katie Kihorany Jansen | Chief Marketing Officer | 1,022,074 | $273.81M | -$83.49M | 26 | 2024-11-14 |
| 6 | Xiaochuan Ge | CTO | 968,735 | $259.52M | $0 | 1 | 2026-08-21 |
| 7 | KKR Management LLP | 10%+ Owner | 603,424 | $161.66M | -$11.44B | 1 | 2024-11-25 |
| 8 | Herald Y Chen | Director | 251,245 | $67.31M | -$961.71M | 26 | 2026-08-14 |
| 9 | Victoria Valenzuela | CALO & Corp. Secretary | 241,231 | $64.63M | -$104.05M | 44 | 2026-08-21 |
| 10 | Mary Margaret Hastings Georgiadis | Director | 191,210 | $51.23M | -$10.80M | 8 | 2026-06-05 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
APP Board & Officers
As of SEC filings through Oct 16, 2026Directors 9
- Arash Adam Foroughi · since Apr 14, 2021
- Craig Scott Billings · since Apr 14, 2021
- Eduardo Vivas · since Apr 14, 2021
- Herald Y Chen · since Apr 14, 2021
- Mary Margaret Hastings Georgiadis · since Apr 14, 2021
- Todd R Morgenfeld · since Sep 5, 2023
- Barbara Messing · since Mar 1, 2024
- Maynard G Webb Jr · since Apr 9, 2025
- Victoria Valenzuela · listed since Aug 2026
Officers 6
- Arash Adam Foroughi · CEO · listed since May 2026
- Matthew Stumpf · Chief Financial Officer (CFO) · since Jan 1, 2024
- Corina I Cacovean · Chief Legal Officer · since Aug 1, 2026
- Victoria Valenzuela · CALO & Corp. Secretary · listed since Aug 2025
- Dmitriy Dorosh · Principal Accounting Officer · listed since Feb 2024
- Xiaochuan Ge · CTO · since Jul 1, 2026
10% owners 1
- Arash Adam Foroughi · since Apr 14, 2021
Changes in the last 10 years (62)
| Aug 21, 2026 | Victoria Valenzuela first listed as a director in an SEC filing |
| Aug 1, 2026 | Corina I Cacovean became Chief Legal Officer |
| Jul 1, 2026 | Xiaochuan Ge became CTO |
| May 22, 2026 | Arash Adam Foroughi listed as CEO (previously CEO & Chairperson) in SEC filings |
| Apr 7, 2026 | The company announced the departure of Vasily Shikin as Chief Technology Officer in an SEC filing |
| Apr 2, 2026 | The company announced the departure of Dawson Alyssa Harvey from the board in an SEC filing |
| Aug 22, 2025 | Victoria Valenzuela listed as CALO & Corp. Secretary (previously CLO & Corp. Secretary) in SEC filings |
| Apr 9, 2025 | Maynard G Webb Jr became a director |
| Feb 10, 2025 | The company announced the departure of Katie Kihorany Jansen as Chief Marketing Officer in an SEC filing |
| Nov 25, 2024 | KKR Management LLP reported in an SEC filing no longer being a 10% owner |
| Nov 25, 2024 | KKR Group Partnership L.P. reported in an SEC filing no longer being a 10% owner |
| Nov 25, 2024 | KKR Group Holdings Corp. reported in an SEC filing no longer being a 10% owner |
| Nov 25, 2024 | KKR Group Co. Inc. reported in an SEC filing no longer being a 10% owner |
| Nov 25, 2024 | KKR Denali Holdings L.P. reported in an SEC filing no longer being a 10% owner |
| Nov 25, 2024 | KKR Denali Holdings GP LLC reported in an SEC filing no longer being a 10% owner |
| Nov 25, 2024 | KKR Associates Americas XII L.P. reported in an SEC filing no longer being a 10% owner |
| Nov 25, 2024 | KKR Americas XII Ltd reported in an SEC filing no longer being a 10% owner |
| Nov 25, 2024 | KKR Americas Fund XII L.P. reported in an SEC filing no longer being a 10% owner |
| Nov 25, 2024 | KKR & Co. Inc. reported in an SEC filing no longer being a 10% owner |
| Nov 25, 2024 | Henry R Kravis reported in an SEC filing no longer being a 10% owner |
| Nov 25, 2024 | George R Roberts reported in an SEC filing no longer being a 10% owner |
| Mar 1, 2024 | Barbara Messing became a director |
| Feb 22, 2024 | Dmitriy Dorosh listed as Principal Accounting Officer (previously Principal Account Officer) in SEC filings |
| Jan 1, 2024 | Matthew Stumpf became Chief Financial Officer (CFO) |
| Jan 1, 2024 | Dmitriy Dorosh became Principal Account Officer |
| Nov 3, 2023 | The company announced the departure of Herald Y Chen as President & CFO in an SEC filing |
| Sep 5, 2023 | Todd R Morgenfeld became a director |
| Sep 5, 2023 | The company announced the departure of Asha Sharma from the board in an SEC filing |
| May 19, 2023 | KKR Group Co. Inc. first on file as a 10% owner |
| Aug 10, 2022 | The company announced the departure of Elena Arutunian as Chief Accounting Officer in an SEC filing |
| Nov 8, 2021 | The company announced the departure of Cathy Sun from the board in an SEC filing |
| Nov 8, 2021 | Dawson Alyssa Harvey became a director |
| Aug 10, 2021 | Asha Sharma became a director |
| Apr 14, 2021 | Victoria Valenzuela became CLO & Corp. Secretary |
| Apr 14, 2021 | Vasily Shikin became Chief Technology Officer |
| Apr 14, 2021 | Mary Margaret Hastings Georgiadis became a director |
| Apr 14, 2021 | Katie Kihorany Jansen became Chief Marketing Officer |
| Apr 14, 2021 | KKR Management LLP became a 10% owner |
| Apr 14, 2021 | KKR Group Partnership L.P. became a 10% owner |
| Apr 14, 2021 | KKR Group Holdings Corp. became a 10% owner |
| Apr 14, 2021 | KKR Denali Holdings L.P. became a 10% owner |
| Apr 14, 2021 | KKR Denali Holdings GP LLC became a 10% owner |
| Apr 14, 2021 | KKR Associates Americas XII L.P. became a 10% owner |
| Apr 14, 2021 | KKR Americas XII Ltd became a 10% owner |
| Apr 14, 2021 | KKR Americas Fund XII L.P. became a 10% owner |
| Apr 14, 2021 | KKR & Co. Inc. became a 10% owner |
| Apr 14, 2021 | John Krystynak became a 10% owner |
| Apr 14, 2021 | Hontai App Fund Limited Partnership became a 10% owner |
| Apr 14, 2021 | Herald Y Chen became a director |
| Apr 14, 2021 | Herald Y Chen became President & CFO |
| Apr 14, 2021 | Henry R Kravis became a 10% owner |
| Apr 14, 2021 | George R Roberts became a 10% owner |
| Apr 14, 2021 | Elena Arutunian became Chief Accounting Officer |
| Apr 14, 2021 | Edward Oberwager became a director |
| Apr 14, 2021 | Eduardo Vivas became a director |
| Apr 14, 2021 | Craig Scott Billings became a director |
| Apr 14, 2021 | Cathy Sun became a director |
| Apr 14, 2021 | Arash Adam Foroughi became a director |
| Apr 14, 2021 | Arash Adam Foroughi became a 10% owner |
| Apr 14, 2021 | Arash Adam Foroughi became CEO & Chairperson |
| Apr 14, 2021 | Angel Pride Holdings Ltd became a 10% owner |
| Apr 14, 2021 | Andrew Karam became a 10% owner |
Not reported recently (5)
- Edward Oberwager · Last reported as a director in an SEC filing dated Jun 5, 2024
- Hontai App Fund Limited Partnership · Last reported as a 10% owner in an SEC filing dated Sep 28, 2023
- Andrew Karam · Last reported as a 10% owner in an SEC filing dated Apr 14, 2022
- Angel Pride Holdings Ltd · Last reported as a 10% owner in an SEC filing dated Nov 23, 2021
- John Krystynak · Last reported as a 10% owner in an SEC filing dated Nov 12, 2021
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
APP Proposed Insider Sales (Form 144)
Latest: 2026-08-21
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
1 filing
· $35.6M notice value
· 1 unique filer
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
Top 90-day filers:
Shikin Vasily (1, $35.6M)
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-08-21 | Shikin Vasily | associated, still within 90 window | 117,598 | $35.60M | 2026-08-21 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2026-07-06 | WEBB MAYNARD G JR | Director | 3,076 | $1.60M | 2026-07-06 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
| 2026-06-16 | Eduardo Vivas | Director | 163,910 | $84.45M | 2026-06-16 | Goldman Sachs & Co. LLC | 10b5-1 | EDGAR |
| 2026-06-16 | Eduardo Vivas | Director | 1,496 | $770.7K | 2026-06-16 | Goldman Sachs & Co. LLC | 10b5-1 | EDGAR |
| 2026-06-12 | ARASH ADAM FOROUGHI | Officer, Director | 41,667 | $20.38M | 2026-06-12 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-06-11 | ARASH ADAM FOROUGHI | Officer, Director | 41,666 | $20.20M | 2026-06-11 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-06-10 | THE JAF CHILDRENS TRUST | Affiliate | 20,833 | $10.50M | 2026-06-10 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-06-05 | WEBB MAYNARD G JR | Director | 3,076 | $1.79M | 2026-06-05 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
| 2026-06-04 | VICTORIA VALENZUELA | Officer | 20,000 | $11.32M | 2026-06-04 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-06-04 | ALYSSA HARVEY DAWSON | Director | 720 | $410.5K | 2026-06-04 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-06-05
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
| Filing Date | Accession | Link |
|---|---|---|
| 2026-06-05 | 0001751008-26-000050 | EDGAR |
| 2026-05-06 | 0001751008-26-000042 | EDGAR |
| 2026-04-07 | 0001751008-26-000014 | EDGAR |
| 2026-02-11 | 0001751008-26-000005 | EDGAR |
| 2025-11-05 | 0001751008-25-000079 | EDGAR |
| 2025-08-06 | 0001751008-25-000069 | EDGAR |
| 2025-07-01 | 0001751008-25-000061 | EDGAR |
| 2025-06-09 | 0001751008-25-000057 | EDGAR |
| 2025-05-07 | 0001751008-25-000051 | EDGAR |
| 2025-04-09 | 0001751008-25-000032 | EDGAR |
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-05-06 | 0001751008-26-000044 | EDGAR |
| 2025-11-05 | 0001751008-25-000081 | EDGAR |
| 2025-08-06 | 0001751008-25-000072 | EDGAR |
| 2025-05-07 | 0001751008-25-000053 | EDGAR |
| 2024-11-06 | 0001751008-24-000062 | EDGAR |
| 2024-08-07 | 0001751008-24-000055 | EDGAR |
| 2024-05-08 | 0001751008-24-000043 | EDGAR |
| 2023-11-08 | 0001751008-23-000072 | EDGAR |
| 2023-08-09 | 0001751008-23-000062 | EDGAR |
| 2023-05-10 | 0001751008-23-000048 | EDGAR |
ETF Holders
396 ETFs hold APP
25 shown · $13.83B total exposure · 0.19% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.11% | $2.7B | — | 2026-09-30 |
| 2 | VOO Vanguard S&P 500 ETF | Vanguard | 0.12% | $2.1B | — | 2026-09-30 |
| 3 | QQQ Invesco QQQ Trust, Series 1 | Invesco | 0.36% | $1.7B | — | 2026-10-20 |
| 4 | XLC State Street® Communication Services Select Sector SPDR® ETF | SPDR (State Street) | 4.23% | $991.8M | $23.4B | 2026-10-20 |
| 5 | IVV iShares Core S&P 500 ETF | iShares (BlackRock) | 0.11% | $981.5M | $890.4B | 2026-10-20 |
| 6 | VUG Vanguard Morningstar Growth ETF | Vanguard | 0.24% | $958.0M | — | 2026-09-30 |
| 7 | SPY State Street® SPDR® S&P 500® ETF Trust | SPDR (State Street) | 0.11% | $908.5M | $818.4B | 2026-10-20 |
| 8 | QQQM Invesco NASDAQ 100 ETF | Invesco | 0.36% | $388.5M | — | 2026-10-20 |
| 9 | IGV iShares Expanded Tech-Software Sector ETF | iShares (BlackRock) | 2.54% | $359.3M | $14.4B | 2026-10-20 |
| 10 | SCHG Schwab U.S. Large-Cap Growth ETF | Nport | 0.58% | $353.5M | — | 2026-05-31 |
| 11 | SPHQ Invesco S&P 500 Quality ETF | Invesco | 1.44% | $271.1M | — | 2026-10-20 |
| 12 | IWF iShares Russell 1000 Growth ETF | iShares (BlackRock) | 0.20% | $245.7M | $126.1B | 2026-10-20 |
| 13 | QUAL iShares MSCI USA Quality Factor ETF | iShares (BlackRock) | 0.50% | $244.9M | $48.7B | 2026-10-20 |
| 14 | SPYM State Street® SPDR® Portfolio S&P 500® ETF | SPDR (State Street) | 0.11% | $203.5M | $183.5B | 2026-10-20 |
| 15 | SCHX Schwab U.S. Large-Cap ETF | Nport | 0.24% | $176.3M | — | 2026-05-31 |
| 16 | RSP Invesco S&P 500 Equal Weight ETF | Invesco | 0.18% | $175.3M | — | 2026-10-20 |
| 17 | MGK Vanguard Morningstar Mega Cap Growth ETF | Vanguard | 0.45% | $159.1M | — | 2026-09-30 |
| 18 | IVW iShares S&P 500 Growth ETF | iShares (BlackRock) | 0.20% | $157.1M | $77.9B | 2026-10-20 |
| 19 | VOX Vanguard Communication Services ETF | Vanguard | 2.32% | $146.2M | — | 2026-09-30 |
| 20 | JEPQ JPMorgan Nasdaq Equity Premium Income ETF | JPMorgan | 0.27% | $118.4M | $44.3B | 2026-10-21 |
| 21 | SPYG State Street® SPDR® Portfolio S&P 500® Growth ETF | SPDR (State Street) | 0.20% | $114.1M | $56.1B | 2026-10-20 |
| 22 | VONG Vanguard Russell 1000 Growth ETF | Vanguard | 0.20% | $113.9M | — | 2026-09-30 |
| 23 | VV Vanguard Morningstar Large-Cap ETF | Vanguard | 0.13% | $98.9M | — | 2026-09-30 |
| 24 | SCHB Schwab U.S. Broad Market ETF | Nport | 0.23% | $98.3M | — | 2026-05-31 |
| 25 | CGGR Capital Group Growth ETF | Capitalgroup | 0.37% | $97.4M | $26.1B | 2026-10-20 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
20.59
TTM Diluted EPS
$13.01
TTM Revenue
$6.83B
TTM Net Income
$4.41B
TTM Op. Cash Flow
$4.53B
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q2 '26 | 2026-06-30 | $1.92B | $1.27B | $3.76 | $869.04M |
| Q1 '26 | 2026-03-31 | $1.84B | $1.21B | $3.56 | $1.29B |
| Q4 '25 | 2025-12-31 | $1.66B | $1.10B | $3.24 | $1.31B |
| Q3 '25 | 2025-09-30 | $1.41B | $835.54M | $2.45 | $1.05B |
| Q2 '25 | 2025-06-30 | $1.26B | $819.53M | $2.39 | $772.23M |
| Q1 '25 | 2025-03-31 | $1.16B | $576.42M | $1.67 | $831.71M |
| Q4 '24 | 2024-12-31 | $999.49M | $599.20M | $1.72 | $701.00M |
| Q3 '24 | 2024-09-30 | $835.19M | $434.42M | $1.25 | $550.70M |
| Q2 '24 | 2024-06-30 | $711.01M | $309.97M | $0.89 | $454.53M |
| Q1 '24 | 2024-03-31 | $1.06B | $234.73M | $0.67 | $392.78M |
| Q4 '23 | 2023-12-31 | $953.26M | $171.43M | $0.48 | $343.99M |
| Q3 '23 | 2023-09-30 | $864.26M | $107.83M | $0.30 | $199.07M |
Q2 2026 • period ending 2026-06-30 • filed 2026-08-05
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
20.59
P/B
28.77
P/S
13.33
EV/EBITDA
16.87
EV/Sales
13.39
ROE
139.4%
ROA
53.3%
Div Yield
0.00%
FCF Yield
4.98%
Debt/Equity
1.11
Current Ratio
—
Market Cap
$91.00B
as of 2026-10-21
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
11.61M
SI % of Float
4.25%
Days to Cover
2.28
Short Vol Ratio
44.0%
Free Float
272.87M
Float %
89.6%
Short interest 2026-09-30 • Short volume 2026-10-21 • Float 2026-08-24