AppLovin (NASDAQ:APP) Stock Bought Rep. Gilbert Ray Cisneros, Jr.

Key Points

• Rep. Gilbert Ray Cisneros Jr. purchased $1,001–$15,000 of AppLovin stock on July 17, according to a congressional disclosure. He also reported several other recent purchases and sales across technology, pharmaceutical and financial companies.
• AppLovin shares opened at $320.56, near the lower end of their 12-month range of $297.50 to $745.61. The company reported quarterly EPS of $3.76 and revenue of $1.92 billion, up 52.8% year over year but slightly below analyst estimates.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $538.61, despite recent target reductions. Institutional investors own 41.85% of AppLovin, while company insiders own 12.81% and sold roughly $135.3 million of shares in the last quarter.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of AppLovin Corporation (NASDAQ:APP). In a filing disclosed on September 04th, the Representative disclosed that they had bought between $1,001 and $15,000 in AppLovin stock on July 17th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of Mesabi Trust NYSE: MSB on 7/31/2026.
• Purchased $1,001 - $15,000 in shares of Praxis Precision Medicines NASDAQ: PRAX on 7/30/2026.
• Purchased $15,001 - $50,000 in shares of Alkermes NASDAQ: ALKS on 7/30/2026.
• Sold $15,001 - $50,000 in shares of Crinetics Pharmaceuticals NASDAQ: CRNX on 7/30/2026.
• Sold $100,001 - $250,000 in shares of Alibaba Group NYSE: BABA on 7/24/2026.
• Sold $1,001 - $15,000 in shares of Adobe NASDAQ: ADBE on 7/24/2026.
• Sold $1,001 - $15,000 in shares of Viavi Solutions NASDAQ: VIAV on 7/21/2026.
• Purchased $1,001 - $15,000 in shares of SailPoint NASDAQ: SAIL on 7/21/2026.
• Purchased $1,001 - $15,000 in shares of Glacier Bancorp NYSE: GBCI on 7/21/2026.
• Sold $1,001 - $15,000 in shares of FedEx NYSE: FDX on 7/21/2026.

AppLovin Price Performance

Shares of NASDAQ APP opened at $320.56 on Tuesday. The firm's 50-day moving average price is $391.02 and its 200-day moving average price is $440.23. The company has a current ratio of 4.30, a quick ratio of 4.30 and a debt-to-equity ratio of 1.11. The stock has a market capitalization of $107.28 billion, a price-to-earnings ratio of 24.64, a P/E/G ratio of 0.68 and a beta of 2.49. AppLovin Corporation has a 12-month low of $297.50 and a 12-month high of $745.61.

AppLovin (NASDAQ:APP - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported $3.76 EPS for the quarter, hitting the consensus estimate of $3.76. AppLovin had a return on equity of 193.10% and a net margin of 64.58%.The company had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same quarter last year, the business posted $2.39 earnings per share. The firm's revenue was up 52.8% on a year-over-year basis. On average, equities research analysts anticipate that AppLovin Corporation will post 15.53 EPS for the current fiscal year.

Institutional Trading of AppLovin

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Signature Estate & Investment Advisors LLC grew its position in shares of AppLovin by 3,695.3% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 76,361 shares of the company's stock worth $39,345,000 after buying an additional 74,349 shares in the last quarter. Insight Wealth Strategies LLC bought a new stake in shares of AppLovin in the second quarter valued at about $6,939,000. Generate Investment Management Ltd purchased a new stake in AppLovin in the second quarter worth about $7,226,000. Asset Management One Co. Ltd. lifted its stake in AppLovin by 6.5% in the second quarter. Asset Management One Co. Ltd. now owns 105,909 shares of the company's stock worth $54,567,000 after acquiring an additional 6,424 shares during the period. Finally, North Dakota State Investment Board bought a new position in AppLovin during the 4th quarter worth about $5,490,000. Hedge funds and other institutional investors own 41.85% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Morgan Stanley dropped their target price on AppLovin from $720.00 to $650.00 and set an "overweight" rating for the company in a report on Thursday, August 6th. Wedbush lowered their price target on AppLovin from $640.00 to $610.00 and set an "outperform" rating for the company in a research report on Thursday, August 6th. The Goldman Sachs Group cut their price objective on shares of AppLovin from $585.00 to $465.00 and set a "neutral" rating on the stock in a research report on Thursday, August 6th. Benchmark reduced their target price on shares of AppLovin from $500.00 to $440.00 and set a "buy" rating on the stock in a research note on Monday, August 17th. Finally, Raymond James Financial initiated coverage on shares of AppLovin in a report on Monday, June 29th. They issued a "strong-buy" rating and a $640.00 target price for the company. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $538.61.

Insider Buying and Selling at AppLovin

In other news, CEO Arash Foroughi sold 33,042 shares of the business's stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $486.95, for a total value of $16,089,801.90. Following the completion of the sale, the chief executive officer owned 2,369,351 shares in the company, valued at approximately $1,153,755,469.45. The trade was a 1.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director G Jr sold 3,076 shares of the company's stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $521.29, for a total transaction of $1,603,488.04. Following the completion of the sale, the director directly owned 120,444 shares of the company's stock, valued at $62,786,252.76. The trade was a 2.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 271,152 shares of company stock valued at $135,295,830. Company insiders own 12.81% of the company's stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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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