AppLovin (NASDAQ:APP) CEO Sells $10,076,105.16 in Stock

AppLovin Corporation (NASDAQ:APP) CEO Arash Adam Foroughi sold 18,918 shares of the company’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $532.62, for a total value of $10,076,105.16. Following the sale, the chief executive officer directly owned 3,011,599 shares of the company’s stock, valued at approximately $1,604,037,859.38. This represents a 0.62% 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.

Arash Adam Foroughi also recently made the following trade(s):

• On Friday, November 21st, Arash Adam Foroughi sold 17,112 shares of AppLovin stock. The stock was sold at an average price of $502.48, for a total value of $8,598,437.76.
• On Thursday, November 20th, Arash Adam Foroughi sold 8,582 shares of AppLovin stock. The shares were sold at an average price of $556.56, for a total transaction of $4,776,397.92.
• On Friday, November 21st, Arash Adam Foroughi sold 4,069 shares of AppLovin stock. The stock was sold at an average price of $497.50, for a total transaction of $2,024,327.50.
• On Friday, November 21st, Arash Adam Foroughi sold 30,888 shares of AppLovin stock. The shares were sold at an average price of $520.29, for a total transaction of $16,070,717.52.
• On Friday, November 21st, Arash Adam Foroughi sold 15,931 shares of AppLovin stock. The shares were sold at an average price of $517.11, for a total value of $8,238,079.41.

AppLovin Stock Up 7.6%

Shares of APP stock traded up $39.54 on Monday, reaching $559.80. 4,999,788 shares of the company’s stock traded hands, compared to its average volume of 7,063,281. The company has a market capitalization of $189.18 billion, a P/E ratio of 67.94, a price-to-earnings-growth ratio of 2.79 and a beta of 2.50. AppLovin Corporation has a 12-month low of $200.50 and a 12-month high of $745.61. The company has a debt-to-equity ratio of 2.38, a quick ratio of 3.25 and a current ratio of 3.25. The business’s 50 day moving average price is $611.23 and its two-hundred day moving average price is $472.28.

AppLovin (NASDAQ:APP) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.34 by $0.11. The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.34 billion. AppLovin had a return on equity of 258.49% and a net margin of 51.27%.The business’s quarterly revenue was up 68.2% compared to the same quarter last year. During the same period last year, the company posted $1.29 EPS. AppLovin has set its Q4 2025 guidance at EPS. On average, equities analysts forecast that AppLovin Corporation will post 6.87 earnings per share for the current year.

Analysts Set New Price Targets

APP has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft set a $705.00 target price on shares of AppLovin and gave the company a “buy” rating in a research note on Wednesday, October 22nd. Needham & Company LLC reaffirmed a “hold” rating on shares of AppLovin in a research note on Tuesday, August 26th. BTIG Research boosted their price target on AppLovin from $693.00 to $705.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Citigroup decreased their target price on shares of AppLovin from $850.00 to $820.00 and set a “buy” rating for the company in a research report on Wednesday, November 12th. Finally, Jefferies Financial Group lifted their price objective on shares of AppLovin from $560.00 to $615.00 and gave the company a “buy” rating in a research note on Friday, September 5th. Twenty-one equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $658.27.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Revolve Wealth Partners LLC acquired a new stake in shares of AppLovin in the fourth quarter worth $294,000. Bison Wealth LLC acquired a new stake in AppLovin in the 4th quarter worth $239,000. Wedbush Securities Inc. increased its holdings in shares of AppLovin by 32.9% during the 1st quarter. Wedbush Securities Inc. now owns 969 shares of the company’s stock worth $257,000 after purchasing an additional 240 shares during the period. Kovack Advisors Inc. raised its position in shares of AppLovin by 14.7% during the first quarter. Kovack Advisors Inc. now owns 1,211 shares of the company’s stock valued at $321,000 after buying an additional 155 shares during the last quarter. Finally, Avantax Advisory Services Inc. lifted its stake in shares of AppLovin by 15.4% in the first quarter. Avantax Advisory Services Inc. now owns 15,926 shares of the company’s stock valued at $4,220,000 after buying an additional 2,120 shares during the period. 41.85% of the stock is currently owned by institutional investors and hedge funds.

About AppLovin

AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally. It operates through two segments, Software Platform and Apps. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; MAX, an in-app bidding software that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform that provides marketers with the visibility, insights, and tools needed to grow their apps from early stage to maturity; and Wurl, a connected TV platform, which distributes streaming video for content companies and provides advertising and publishing solutions through its AdPool, ContentDiscovery, and Global FAST Pass products.