AppLovin (NASDAQ:APP) Stock Sale Reported by Rep. Gilbert Ray Cisneros, Jr.

Key Points

• Rep. Gilbert Ray Cisneros, Jr. disclosed selling $15,001–$50,000 of AppLovin shares on October 14 from a trust account.
• AppLovin reported quarterly revenue of $2.18 billion, up 55.5% year over year, and EPS of $4.30, exceeding analysts’ estimates.
• Analysts’ consensus rating is “Moderate Buy,” with an average price target of $497.93; the company also faces a pending securities class action alleging misleading statements about its AI tools, which remain allegations.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of AppLovin Corporation (NASDAQ:APP). In a filing disclosed on November 10th, the Representative disclosed that they had sold between $15,001 and $50,000 in AppLovin stock on October 14th. 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 $1,001 - $15,000 in shares of BridgeBio Pharma NASDAQ: BBIO on 11/2/2026.
• Purchased $1,001 - $15,000 in shares of argenex NASDAQ: ARGX on 10/27/2026.
• Sold $1,001 - $15,000 in shares of Illumina NASDAQ: ILMN on 10/27/2026.
• Sold $1,001 - $15,000 in shares of Revvity NYSE: RVTY on 10/27/2026.
• Sold $15,001 - $50,000 in shares of PTC NASDAQ: PTC on 10/27/2026.
• Purchased $1,001 - $15,000 in shares of BridgeBio Pharma NASDAQ: BBIO on 10/27/2026.
• Purchased $1,001 - $15,000 in shares of MACOM Technology Solutions NASDAQ: MTSI on 10/27/2026.
• Sold $1,001 - $15,000 in shares of Micron Solutions OTCMKTS: MICR on 10/21/2026.
• Sold $1,001 - $15,000 in shares of Ciena NYSE: CIEN on 10/21/2026.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 10/21/2026.

AppLovin Trading Down 0.1%

Shares of APP stock traded down $0.35 during trading hours on Thursday, hitting $404.42. The company had a trading volume of 677,110 shares, compared to its average volume of 5,603,928. The company has a debt-to-equity ratio of 1.07, a current ratio of 3.80 and a quick ratio of 3.80. The stock has a market capitalization of $135.34 billion, a PE ratio of 27.09, a price-to-earnings-growth ratio of 0.80 and a beta of 2.51. The company's fifty day moving average is $298.73 and its 200 day moving average is $408.06. AppLovin Corporation has a fifty-two week low of $225.19 and a fifty-two week high of $738.01.

AppLovin (NASDAQ:APP - Get Free Report) last announced its earnings results on Wednesday, November 4th. The company reported $4.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.03 by $0.27. AppLovin had a return on equity of 182.97% and a net margin of 65.89%. The company had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.07 billion. During the same quarter in the previous year, the company earned $2.45 earnings per share. The firm's quarterly revenue was up 55.5% compared to the same quarter last year. Research analysts expect that AppLovin Corporation will post 16.25 earnings per share for the current fiscal year.

Key Headlines Impacting AppLovin

Here are a few of the latest headlines about APP:

• Positive Sentiment: AppLovin reported third-quarter revenue of $2.18 billion, up 55.5% year over year, and earnings per share of $4.30, above the $4.03 consensus estimate. Its fourth-quarter forecast reportedly topped expectations, and the company expanded its share-repurchase plan. These results helped drive a sharp recent rebound in the shares. AppLovin Jumps on Strong Q3 Results
• Positive Sentiment: An analyst upgrade also provided support, with coverage noting that rapid revenue growth and stronger guidance eased concerns about a slowdown in advertising demand. AppLovin Stock Jumps on Analyst Upgrade
• Negative Sentiment: Multiple law firms publicized a pending securities class action on behalf of investors who acquired shares from February 12 through August 5, 2026. The suit alleges AppLovin misrepresented the pace of AI-model improvements and the readiness and adoption of its AI tools; these are allegations, not findings. The lead-plaintiff deadline is November 16, adding legal and reputational risk. Class Action Allegations and Deadline

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. State Street Corp lifted its holdings in AppLovin by 8.8% during the 3rd quarter. State Street Corp now owns 16,420,740 shares of the company's stock worth $4,769,076,000 after buying an additional 1,325,073 shares during the last quarter. Ilmarinen Mutual Pension Insurance Co grew its stake in AppLovin by 76.6% during the 3rd quarter. Ilmarinen Mutual Pension Insurance Co now owns 64,857 shares of the company's stock worth $18,836,000 after buying an additional 28,123 shares during the last quarter. Intesa Sanpaolo Wealth Management grew its stake in AppLovin by 200.0% during the 3rd quarter. Intesa Sanpaolo Wealth Management now owns 3,000 shares of the company's stock worth $871,000 after buying an additional 2,000 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. increased its position in AppLovin by 28.2% during the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 2,621 shares of the company's stock worth $761,000 after buying an additional 576 shares during the period. Finally, Edmond DE Rothschild Holding S.A. increased its position in AppLovin by 155.5% during the third quarter. Edmond DE Rothschild Holding S.A. now owns 1,888 shares of the company's stock worth $548,000 after buying an additional 1,149 shares during the period. 41.85% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. BTIG Research increased their target price on AppLovin from $396.00 to $450.00 and gave the stock a "buy" rating in a research note on Thursday, November 5th. Phillip Securities upgraded AppLovin from a "moderate buy" rating to a "strong-buy" rating and lowered their target price for the company from $635.00 to $610.00 in a report on Tuesday, August 11th. William Blair set a $440.00 target price on AppLovin in a research report on Monday, August 17th. HSBC cut their price target on shares of AppLovin from $450.00 to $409.00 and set a "buy" rating on the stock in a research note on Monday, October 5th. Finally, Scotiabank reduced their price target on shares of AppLovin from $515.00 to $450.00 and set a "sector outperform" rating on the stock in a research report on Thursday, November 5th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and eight have issued a Hold rating to the company's stock. According to MarketBeat.com, AppLovin currently has an average rating of "Moderate Buy" and an average target price of $497.93.

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 is a technology company that provides software to help mobile app developers and advertisers grow their businesses. Its platform connects advertisers seeking users with app publishers looking to monetize their audiences, using data and machine-learning tools to support advertising and user acquisition. The company's products include AXON, its advertising optimization engine; AppDiscovery, which helps advertisers find and acquire users; and MAX, a platform for managing in-app advertising.

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