Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of AppLovin Corporation (NASDAQ:APP)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of AppLovin Corporation (NASDAQ:APP). In a filing disclosed on March 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in AppLovin stock on February 10th. 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):

• Sold $1,001 – $15,000 in shares of Thermon Group (NYSE:THR) on 3/2/2026.
• Purchased $1,001 – $15,000 in shares of Federal Signal (NYSE:FSS) on 3/2/2026.
• Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Uber Technologies (NYSE:UBER) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 2/24/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Oracle (NYSE:ORCL) on 2/24/2026.
• Purchased $1,001 – $15,000 in shares of Champion Homes (NYSE:SKY) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/20/2026.

AppLovin Price Performance

Shares of AppLovin stock traded down $11.83 during trading on Thursday, hitting $449.62. 4,981,156 shares of the stock traded hands, compared to its average volume of 6,651,108. The stock has a market cap of $151.65 billion, a price-to-earnings ratio of 46.11, a PEG ratio of 0.84 and a beta of 2.51. AppLovin Corporation has a 52 week low of $200.50 and a 52 week high of $745.61. The firm’s fifty day moving average is $501.99 and its 200-day moving average is $574.12. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 1.65.

AppLovin (NASDAQ:APP) last issued its earnings results on Wednesday, February 11th. The company reported $3.24 earnings per share for the quarter, beating the consensus estimate of $2.89 by $0.35. AppLovin had a return on equity of 245.64% and a net margin of 57.42%.The company had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.61 billion. During the same period in the prior year, the business posted $1.73 EPS. AppLovin’s quarterly revenue was up 66.0% compared to the same quarter last year. Research analysts expect that AppLovin Corporation will post 6.87 EPS for the current fiscal year.

Institutional Trading of AppLovin

A number of hedge funds have recently bought and sold shares of APP. Nalls Sherbakoff Group LLC bought a new position in AppLovin in the 4th quarter worth $270,000. Corient Private Wealth LLC grew its holdings in AppLovin by 11.0% during the fourth quarter. Corient Private Wealth LLC now owns 144,579 shares of the company’s stock valued at $97,440,000 after purchasing an additional 14,271 shares during the period. Pure Financial Advisors LLC increased its position in AppLovin by 12.0% in the fourth quarter. Pure Financial Advisors LLC now owns 337 shares of the company’s stock worth $227,000 after buying an additional 36 shares in the last quarter. Rehmann Capital Advisory Group increased its position in AppLovin by 31.0% in the fourth quarter. Rehmann Capital Advisory Group now owns 1,461 shares of the company’s stock worth $985,000 after buying an additional 346 shares in the last quarter. Finally, SHP Wealth Management bought a new position in shares of AppLovin in the fourth quarter worth about $52,000. Hedge funds and other institutional investors own 41.85% of the company’s stock.

Insider Activity

In related news, insider Victoria Valenzuela sold 7,609 shares of the stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $657.13, for a total value of $5,000,102.17. Following the completion of the sale, the insider directly owned 277,110 shares of the company’s stock, valued at approximately $182,097,294.30. This represents a 2.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 13.66% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on APP. Morgan Stanley set a $720.00 price target on shares of AppLovin in a report on Thursday, February 12th. The Goldman Sachs Group lowered their price objective on shares of AppLovin from $710.00 to $585.00 and set a “neutral” rating for the company in a research note on Thursday, February 12th. Citigroup cut their target price on AppLovin from $820.00 to $710.00 and set a “buy” rating on the stock in a research note on Thursday, February 12th. Scotiabank upped their price target on AppLovin from $750.00 to $775.00 and gave the company an “outperform” rating in a research report on Thursday, February 12th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $700.00 price objective on shares of AppLovin in a report on Thursday, February 12th. Twenty investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, AppLovin currently has an average rating of “Moderate Buy” and an average target price of $654.50.

Key AppLovin News

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Needham reaffirmed a “buy” and maintains a $700 price target, signaling significant upside from current levels. Article Title
• Positive Sentiment: Strategic partnership with Stagwell expands AppLovin’s Axon ad-tech into mobile and CTV, potentially increasing scale and advertiser demand for its AI-driven campaign tools. Article Title
• Positive Sentiment: Short-form quant analysis (Seeking Alpha) flags APP as a buy based on systematic signals — could attract algorithmic flows if the setup persists. Article Title
• Neutral Sentiment: Analyst and commentary pieces argue recent volatility reflects shifting market sentiment around digital ads rather than deteriorating fundamentals — a reminder volatility may persist even if underlying growth remains intact. Article Title
• Neutral Sentiment: Several market summaries and analyses contrast AppLovin with peers (e.g., Workday) and outline pros/cons for investors — useful context but not immediate catalysts. Article Title
• Negative Sentiment: Jim Cramer publicly cautioned that AppLovin carries “too much risk,” comparing the competitive threat from large platforms like Google to past ad-tech displacements — such high-profile skepticism can pressure sentiment and short-term flows. Article Title
• Negative Sentiment: Opinion pieces ask whether the recent pullback turns APP into a value trap; the debate on valuation vs. durable moat may sustain selling if macro or ad-market headlines worsen. Article Title
• Neutral Sentiment: Reported short-interest figures in filings appear anomalous (zeros/NaN), so short-interest data currently provides little reliable signal. Article Title

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 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.