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AppLovin (NASDAQ:APP) Releases Earnings Results, Beats Expectations By $0.22 EPS

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AppLovin (NASDAQ:APP - Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $1.67 EPS for the quarter, topping analysts' consensus estimates of $1.45 by $0.22. The company had revenue of $1.48 billion for the quarter, compared to analysts' expectations of $1.38 billion. AppLovin had a return on equity of 188.55% and a net margin of 33.54%. The firm's revenue was up 40.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.67 EPS.

NASDAQ:APP
Read AppLovin (NASDAQ:APP) Releases Earnings Results, Beats Expectations By $0.22 EPS
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Jarrod M. Patten Sells 1,100 Shares of Strategy Incorporated (NASDAQ:MSTR) Stock

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Strategy Incorporated (NASDAQ:MSTR - Get Free Report) Director Jarrod M. Patten sold 1,100 shares of Strategy stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $395.00, for a total transaction of $434,500.00. Following the completion of the transaction, the director now directly owns 9,170 shares of the company's stock, valued at $3,622,150. This trade represents a 10.71 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

NASDAQ:MSTR
Read Jarrod M. Patten Sells 1,100 Shares of Strategy Incorporated (NASDAQ:MSTR) Stock
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Insider Selling: Vertiv Holdings Co (NYSE:VRT) Insider Sells 5,500 Shares of Stock

MarketBeat

Vertiv Holdings Co (NYSE:VRT - Get Free Report) insider Karsten Winther sold 5,500 shares of the stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $94.33, for a total transaction of $518,815.00. Following the transaction, the insider now directly owns 18,847 shares in the company, valued at $1,777,837.51. This trade represents a 22.59 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

NYSE:VRT
Read Insider Selling: Vertiv Holdings Co (NYSE:VRT) Insider Sells 5,500 Shares of Stock
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Beatriz R. Perez Sells 60,326 Shares of The Coca-Cola Company (NYSE:KO) Stock

MarketBeat

The Coca-Cola Company (NYSE:KO - Get Free Report) EVP Beatriz R. Perez sold 60,326 shares of the business's stock in a transaction on Thursday, May 8th. The shares were sold at an average price of $71.87, for a total transaction of $4,335,629.62. Following the transaction, the executive vice president now owns 187,716 shares in the company, valued at approximately $13,491,148.92. This represents a 24.32 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

NYSE:KO
Read Beatriz R. Perez Sells 60,326 Shares of The Coca-Cola Company (NYSE:KO) Stock
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Sundar Pichai Sells 32,500 Shares of Alphabet Inc. (NASDAQ:GOOGL) Stock

MarketBeat

Alphabet Inc. (NASDAQ:GOOGL - Get Free Report) CEO Sundar Pichai sold 32,500 shares of the firm's stock in a transaction on Wednesday, May 7th. The shares were sold at an average price of $155.90, for a total transaction of $5,066,750.00. Following the transaction, the chief executive officer now owns 2,652,696 shares in the company, valued at $413,555,306.40. This represents a 1.21 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

NASDAQ:GOOGL
Read Sundar Pichai Sells 32,500 Shares of Alphabet Inc. (NASDAQ:GOOGL) Stock
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Insider Selling: Alphabet Inc. (NASDAQ:GOOG) CEO Sells 32,500 Shares of Stock

MarketBeat

Alphabet Inc. (NASDAQ:GOOG - Get Free Report) CEO Sundar Pichai sold 32,500 shares of the business's stock in a transaction on Wednesday, May 7th. The stock was sold at an average price of $155.90, for a total value of $5,066,750.00. Following the transaction, the chief executive officer now owns 2,652,696 shares in the company, valued at approximately $413,555,306.40. This trade represents a 1.21 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

NASDAQ:GOOG
Read Insider Selling: Alphabet Inc. (NASDAQ:GOOG) CEO Sells 32,500 Shares of Stock

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