AppLovin (NASDAQ:APP) CFO Sells $5,431,200.00 in Stock

Key Points

• AppLovin CFO Matthew Stumpf sold 9,052 shares at an average price of $600 each, totaling about $5.43 million. After the sale, he still held 177,450 shares worth roughly $106.47 million.
• The stock has been performing strongly, recently trading up to $613.09 and sitting near its 52-week high of $745.61. AppLovin also reported a strong quarter, with EPS of $3.56 beating estimates and revenue rising 58.9% year over year to $1.84 billion.
• Analyst sentiment remains bullish, with firms like Needham and Deutsche Bank raising price targets and maintaining Buy ratings. The consensus view is still a Moderate Buy, with an average price target of $664.35.

AppLovin Corporation (NASDAQ:APP - Get Free Report) CFO Matthew Stumpf sold 9,052 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $600.00, for a total transaction of $5,431,200.00. Following the completion of the transaction, the chief financial officer directly owned 177,450 shares of the company's stock, valued at approximately $106,470,000. This trade represents a 4.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

AppLovin Price Performance

AppLovin stock traded up $13.20 during mid-day trading on Friday, reaching $613.09. The company had a trading volume of 6,220,909 shares, compared to its average volume of 5,568,276. AppLovin Corporation has a 1 year low of $320.00 and a 1 year high of $745.61. The company has a debt-to-equity ratio of 1.49, a current ratio of 3.24 and a quick ratio of 3.24. The company has a market capitalization of $205.96 billion, a P/E ratio of 52.67, a P/E/G ratio of 0.92 and a beta of 2.37. The stock's 50-day simple moving average is $453.17 and its 200-day simple moving average is $521.05.

AppLovin (NASDAQ:APP - Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $3.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.44 by $0.12. AppLovin had a net margin of 64.29% and a return on equity of 219.37%. The company had revenue of $1.84 billion during the quarter, compared to analysts' expectations of $1.77 billion. During the same period last year, the company posted $1.67 earnings per share. The firm's quarterly revenue was up 58.9% compared to the same quarter last year. On average, equities analysts predict that AppLovin Corporation will post 15.86 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on APP. Evercore reissued a "buy" rating on shares of AppLovin in a research note on Friday, January 30th. Argus began coverage on shares of AppLovin in a research note on Tuesday, April 14th. They set a "buy" rating and a $520.00 price objective for the company. Wells Fargo & Company raised their price objective on shares of AppLovin from $560.00 to $571.00 and gave the stock an "overweight" rating in a research note on Thursday, May 7th. Morgan Stanley reissued an "overweight" rating on shares of AppLovin in a research note on Wednesday. Finally, UBS Group dropped their price objective on shares of AppLovin from $740.00 to $716.00 and set a "buy" rating for the company in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, AppLovin currently has an average rating of "Moderate Buy" and a consensus price target of $664.35.

Key Stories Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Needham reaffirmed its Buy rating and lifted its price target to $700, reinforcing the view that AppLovin still has room to run. Needham Reaffirms Buy Rating on AppLovin
• Positive Sentiment: Deutsche Bank also raised its price target to $660 while maintaining a Buy rating, adding to the bullish analyst backdrop. Why Wall Street Still Sees More Upside In AppLovin
• Positive Sentiment: Zacks said AppLovin’s AI-powered ad platform is driving record revenue momentum as demand expands across digital advertising and e-commerce, suggesting the company’s growth story remains intact. AppLovin's Revenue Momentum Reflects AI-Driven Advertising Demand
• Positive Sentiment: Multiple reports noted the stock moved higher after positive analyst commentary tied to strong recent financial results and the upcoming AI advertising platform rollout. Why AppLovin (APP) Stock Is Trading Up Today
• Neutral Sentiment: A Zacks roundup also grouped AppLovin with other growth names, but the mention was largely a general analyst note rather than a new company-specific catalyst. Zacks Analyst Blog Highlights Citigroup, TotalEnergies, AppLovin
• Neutral Sentiment: One analysis compared AppLovin with Coherent and argued COHR has an edge due to valuation and AI infrastructure demand, but this appears more like relative commentary than a direct fundamental setback for APP. Coherent vs. AppLovin: Which AI Growth Stock Is Better Positioned?
• Negative Sentiment: Recent insider selling by CTO Vasily Shikin may temper sentiment somewhat, though the sales were small relative to his remaining holdings and are outweighed by the bullish analyst-driven narrative. AppLovin CTO Insider Sales

Institutional Trading of AppLovin

Hedge funds and other institutional investors have recently bought and sold shares of the company. Washington Trust Advisors Inc. grew its stake in AppLovin by 160.0% in the 4th quarter. Washington Trust Advisors Inc. now owns 39 shares of the company's stock worth $27,000 after acquiring an additional 24 shares during the period. Chilton Capital Management LLC purchased a new stake in AppLovin in the 3rd quarter worth approximately $29,000. Board of the Pension Protection Fund purchased a new stake in AppLovin in the 4th quarter worth approximately $27,000. Mcguire Capital Advisors Inc. purchased a new stake in AppLovin in the 4th quarter worth approximately $27,000. Finally, Activest Wealth Management grew its stake in AppLovin by 760.0% in the 3rd quarter. Activest Wealth Management now owns 43 shares of the company's stock worth $31,000 after acquiring an additional 38 shares during the period. 41.85% of the stock is owned by hedge funds and other institutional investors.

About AppLovin

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.

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