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

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of AppLovin Corporation (NASDAQ:APP). In a filing disclosed on September 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in AppLovin stock on August 18th. 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 DoorDash (NASDAQ:DASH) on 8/28/2026.
• Purchased $15,001 – $50,000 in shares of Quanta Services (NYSE:PWR) on 8/27/2026.
• Purchased $15,001 – $50,000 in shares of Eaton (NYSE:ETN) on 8/27/2026.
• Sold $15,001 – $50,000 in shares of NIKE (NYSE:NKE) on 8/27/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 8/26/2026.
• Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/25/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/25/2026.

AppLovin Price Performance

Shares of NASDAQ APP opened at $323.96 on Friday. The stock’s 50-day simple moving average is $373.45 and its two-hundred day simple moving average is $437.29. AppLovin Corporation has a twelve month low of $297.50 and a twelve month high of $745.61. The firm has a market capitalization of $108.41 billion, a P/E ratio of 24.90, a P/E/G ratio of 0.66 and a beta of 2.49. The company has a quick ratio of 4.30, a current ratio of 4.30 and a debt-to-equity ratio of 1.11.

AppLovin (NASDAQ:APP) last issued its quarterly earnings data 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 in the previous year, the firm earned $2.39 earnings per share. AppLovin’s revenue was up 52.8% on a year-over-year basis. As a group, equities analysts anticipate that AppLovin Corporation will post 15.53 EPS for the current fiscal year.

Key Headlines Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Citi initiated a short-term upside view and set a $600 price target, a potentially significant catalyst for AppLovin given the target’s large premium to the recent trading range. Citi initiates short-term upside view on AppLovin
• Positive Sentiment: Recent coverage highlights AppLovin’s AI-powered advertising engine, strong monetization efficiency and exceptional margins. A separate analysis noted trailing operating margin expansion to 77.4% from 69.6%, suggesting profitability remains robust even as growth expectations have cooled. Should You Buy AppLovin Stock For Its Widening Margin?
• Positive Sentiment: AppLovin’s second-quarter revenue increased 53% year over year, and investors have recently focused on the potential for an AI-ad-tech rebound. Comparisons with Meta Platforms, Reddit and The Trade Desk also emphasize AppLovin’s scalable software model and high profitability. AppLovin vs. The Trade Desk
• Neutral Sentiment: Analysts collectively maintain a “Moderate Buy” recommendation, indicating generally constructive sentiment but not unanimous conviction. AppLovin receives Moderate Buy recommendation
• Negative Sentiment: Multiple reports cited analyst downgrades, which have pressured the stock and reinforced concerns that revenue growth is decelerating. Although sales continue to expand, investors are questioning whether AppLovin can sustain its earlier growth rate and justify its valuation after a sharp multi-month decline. AppLovin stock price following analyst downgrade

Analyst Upgrades and Downgrades

Several research analysts have commented on APP shares. Morgan Stanley decreased their price target on shares of AppLovin from $720.00 to $650.00 and set an “overweight” rating on the stock in a research note on Thursday, August 6th. Raymond James Financial began coverage on shares of AppLovin in a report on Monday, June 29th. They set a “strong-buy” rating and a $640.00 target price on the stock. Scotiabank reiterated a “sector outperform” rating and issued a $515.00 target price on shares of AppLovin in a research report on Thursday, August 6th. Evercore reissued an “outperform” rating and issued a $510.00 price target on shares of AppLovin in a research note on Tuesday, September 1st. Finally, Needham & Company LLC reduced their price objective on AppLovin from $500.00 to $475.00 and set a “buy” rating on the stock in a research note on Wednesday, August 26th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $538.09.

Insider Activity at AppLovin

In related news, Director Eduardo Vivas sold 163,910 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $504.06, for a total transaction of $82,620,474.60. Following the completion of the transaction, the director owned 6,785,087 shares in the company, valued at $3,420,090,953.22. This represents a 2.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Maynard G. Webb, Jr. sold 3,076 shares of the firm’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $521.29, for a total value 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. Company insiders own 12.81% of the company’s stock.

Institutional Investors Weigh In On AppLovin

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System increased its position in shares of AppLovin by 50,874.8% in the second quarter. California State Teachers Retirement System now owns 178,017,633 shares of the company’s stock valued at $91,720,025,000 after acquiring an additional 177,668,406 shares during the period. State Street Corp grew its stake in shares of AppLovin by 0.4% in the fourth quarter. State Street Corp now owns 11,904,843 shares of the company’s stock worth $8,021,721,000 after purchasing an additional 52,377 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of AppLovin by 6.7% in the fourth quarter. Geode Capital Management LLC now owns 7,167,003 shares of the company’s stock worth $4,817,269,000 after purchasing an additional 448,005 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in AppLovin by 3.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,089,735 shares of the company’s stock valued at $4,103,386,000 after purchasing an additional 212,349 shares during the period. Finally, Morgan Stanley raised its position in AppLovin by 10.7% during the 4th quarter. Morgan Stanley now owns 5,561,646 shares of the company’s stock valued at $3,747,551,000 after purchasing an additional 538,806 shares during the last quarter. 41.85% of the stock is currently owned by institutional investors.

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 (NASDAQ: APP) is a technology company that provides software and services designed to help mobile application developers grow their businesses. Its platform supports user acquisition, advertising, monetization, measurement and other functions that enable developers to attract users and generate revenue from their applications.

AppLovin’s offerings include AXON, an artificial-intelligence-powered software engine used to optimize advertising and user-acquisition campaigns; MAX, a platform for managing in-app advertising and mediation; and AppDiscovery, which helps developers promote their applications.