AppLovin (NASDAQ:APP) Stock Sold Off by Rep. Gilbert Ray Cisneros, Jr.

Key Points

• Rep. Gilbert Ray Cisneros, Jr. disclosed selling $1,001–$15,000 of AppLovin shares on October 20 from a trust account; the transaction was reported November 10.
• AppLovin’s latest quarter beat estimates, with revenue up 55.5% year over year to $2.18 billion and EPS of $4.30 versus the $4.03 consensus.
• Analysts maintain a broadly positive view: MarketBeat reports a “Moderate Buy” consensus and an average price target of $497.93.

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 $1,001 and $15,000 in AppLovin stock on October 20th. 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 Stock Performance

AppLovin stock opened at $404.77 on Thursday. The firm's fifty day moving average price is $298.73 and its 200-day moving average price is $408.06. The company has a debt-to-equity ratio of 1.07, a quick ratio of 3.80 and a current ratio of 3.80. The stock has a market cap of $135.46 billion, a P/E ratio of 27.24, a price-to-earnings-growth ratio of 0.80 and a beta of 2.51. 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 released its earnings results on Wednesday, November 4th. The company reported $4.30 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 business had revenue of $2.18 billion for the quarter, compared to analysts' expectations of $2.07 billion. During the same quarter in the prior year, the firm earned $2.45 earnings per share. The firm's revenue was up 55.5% on a year-over-year basis. On average, equities research analysts expect that AppLovin Corporation will post 16.25 earnings per share for the current fiscal year.

Institutional Trading of AppLovin

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

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on APP. Needham & Company LLC reiterated a "buy" rating and issued a $475.00 price objective on shares of AppLovin in a report on Thursday, November 5th. Wedbush raised their price objective on AppLovin from $560.00 to $600.00 and gave the company an "outperform" rating in a report on Thursday, November 5th. Royal Bank Of Canada raised their price objective on AppLovin from $500.00 to $520.00 and gave the company an "outperform" rating in a report on Thursday, November 5th. Raymond James Financial dropped their target price on AppLovin from $640.00 to $590.00 in a research report on Thursday, August 6th. Finally, Scotiabank cut their target price on AppLovin from $515.00 to $450.00 and set a "sector outperform" rating for the company in a research note 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 stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $497.93.

Recent AppLovin Headlines

These are some of the APP headlines that stood out recently:

• Positive Sentiment: AppLovin reported 55.5% year-over-year revenue growth to $2.18 billion and earnings of $4.30 per share, exceeding estimates. Its fourth-quarter outlook topped expectations, and the company expanded its share-repurchase plan—factors behind the stock’s sharp recent rally. Article: AppLovin Jumps on Strong Q3 Results
• Negative Sentiment: Several law firms are publicizing a pending securities class action concerning investors who bought shares during February 12–August 5, 2026. The complaint alleges that executives misrepresented the consistency and readiness of AI-model improvements and self-service ad tools; it cites later comments that model improvement was “lighter than normal” and the video tool remained in progress. The allegations are not established findings, but the litigation could create legal and reputational risk. The lead-plaintiff deadline is November 16. Article: Levi & Korsinsky Reminds Investors of Pending Class Action

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.

AppLovin Company Profile

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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