AppLovin (NASDAQ:APP) Stock Price Down 3.6% Following Insider Selling

Shares of AppLovin Corporation (NASDAQ:APP) were down 3.6% on Wednesday after an insider sold shares in the company. The company traded as low as $442.20 and last traded at $442.57. Approximately 3,493,733 shares were traded during mid-day trading, a decline of 46% from the average daily volume of 6,440,080 shares. The stock had previously closed at $459.09.

Specifically, Director Eduardo Vivas sold 163,910 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $453.49, for a total transaction of $74,331,545.90. Following the completion of the sale, the director directly owned 6,969,382 shares in the company, valued at $3,160,545,043.18. This represents a 2.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Arash Adam Foroughi sold 40,704 shares of the firm’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $459.85, for a total value of $18,717,734.40. Following the transaction, the chief executive officer directly owned 2,430,414 shares in the company, valued at $1,117,625,877.90. This trade represents a 1.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In other news, CEO Arash Adam Foroughi sold 50,000 shares of the business’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $466.04, for a total value of $23,302,000.00. Following the completion of the sale, the chief executive officer owned 2,480,414 shares of the company’s stock, valued at approximately $1,155,972,140.56. The trade was a 1.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on APP shares. Benchmark reaffirmed a “buy” rating on shares of AppLovin in a research note on Friday, March 6th. Scotiabank raised their target price on shares of AppLovin from $750.00 to $775.00 and gave the stock an “outperform” rating in a report on Thursday, February 12th. Wells Fargo & Company lowered their price target on shares of AppLovin from $735.00 to $543.00 and set an “overweight” rating for the company in a report on Thursday, February 12th. Weiss Ratings cut shares of AppLovin from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, March 10th. Finally, Citigroup decreased their price objective on shares of AppLovin from $820.00 to $710.00 and set a “buy” rating on the stock in a research report on Thursday, February 12th. Twenty equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $654.50.

Key AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: AppLovin is pitching e‑commerce (AXON 2.0) as a new growth engine that could expand its addressable ad market beyond gaming; this is being highlighted as a meaningful upside case by analysts. Article Title
• Positive Sentiment: Seeking Alpha published an upgrade/bullish take that argues upside remains if management executes on monetization and growth initiatives. Article Title
• Positive Sentiment: Wall Street consensus remains favorable (average brokerage rating ~Buy), which can support the stock if quarterly execution stays strong. Article Title
• Neutral Sentiment: Short‑interest data in recent reports shows anomalous zeros/NaN entries (likely a reporting/data error), so there’s no clear signal from short interest this cycle.
• Neutral Sentiment: Advisory Services Network LLC sold a small block (1,455 shares), reducing its position modestly — immaterial to large‑cap liquidity. Article Title
• Neutral Sentiment: Several media pieces are re‑examining valuation and recent volatility (useful context but not immediate catalysts). Article Title
• Negative Sentiment: Director Eduardo Vivas sold 163,910 shares (~$74.3M) at an average ~$453.49 on Mar 16 — a large insider sale that likely amplified selling pressure and market concern over insider timing. SEC filing: SEC Filing
• Negative Sentiment: Market coverage highlighted the stock’s drop and tied some of the move to the insider sale and short‑term technical weakness, which can amplify downward momentum. Article Title
• Negative Sentiment: Other headlines explicitly link recent share weakness to insider selling, reinforcing negative sentiment among traders. Article Title

AppLovin Trading Down 3.6%

The firm has a market cap of $149.27 billion, a P/E ratio of 45.39, a PEG ratio of 0.81 and a beta of 2.51. The firm’s fifty day moving average is $483.75 and its two-hundred day moving average is $573.55. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 1.65.

AppLovin (NASDAQ:APP) last issued its quarterly earnings data on Wednesday, February 11th. The company reported $3.24 EPS for the quarter, topping the consensus estimate of $2.89 by $0.35. The business had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.61 billion. AppLovin had a net margin of 57.42% and a return on equity of 245.64%. The company’s revenue for the quarter was up 66.0% on a year-over-year basis. During the same period in the prior year, the business earned $1.73 EPS. Analysts predict that AppLovin Corporation will post 6.87 earnings per share for the current fiscal year.

Institutional Trading of AppLovin

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Board of the Pension Protection Fund purchased a new position in shares of AppLovin in the 4th quarter valued at approximately $27,000. Washington Trust Advisors Inc. raised its holdings in AppLovin by 160.0% in the fourth quarter. Washington Trust Advisors Inc. now owns 39 shares of the company’s stock worth $27,000 after purchasing an additional 24 shares in the last quarter. Mcguire Capital Advisors Inc. purchased a new position in AppLovin during the fourth quarter valued at $27,000. Chilton Capital Management LLC purchased a new position in AppLovin during the third quarter valued at $29,000. Finally, Activest Wealth Management boosted its holdings in shares of AppLovin by 760.0% during the 3rd quarter. Activest Wealth Management now owns 43 shares of the company’s stock valued at $31,000 after buying an additional 38 shares in the last quarter. 41.85% of the stock is currently owned by hedge funds and other institutional investors.

AppLovin Company Profile

AppLovin Corporation is a Palo Alto–based mobile technology company that provides software and services to help app developers grow and monetize their businesses. The company operates a data-driven advertising and marketing platform that connects app publishers and advertisers, delivering tools for user acquisition, monetization, analytics and creative optimization. AppLovin’s technology is integrated into a broad set of mobile applications through software development kits (SDKs) and ad products designed to maximize revenue and engagement for developers.

Key components of AppLovin’s offering include an ad mediation and exchange platform that enables publishers to manage and monetize inventory across multiple demand sources, and a user-acquisition platform that helps advertisers target and scale campaigns.