Rep. Gilbert Ray Cisneros, Jr. Unloads AppLovin Corporation (NASDAQ:APP) Stock

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 Stock Performance

NASDAQ APP traded down $11.83 during mid-day trading on Thursday, reaching $449.62. 4,986,884 shares of the stock were exchanged, compared to its average volume of 6,550,484. AppLovin Corporation has a 1 year low of $200.50 and a 1 year high of $745.61. The company has a debt-to-equity ratio of 1.65, a quick ratio of 3.32 and a current ratio of 3.32. The business’s 50 day moving average is $497.50 and its 200-day moving average is $573.26. The company has a market capitalization of $151.65 billion, a P/E ratio of 46.11, a P/E/G ratio of 0.81 and a beta of 2.51.

AppLovin (NASDAQ:APP) last issued its quarterly earnings data on Wednesday, February 11th. The company reported $3.24 EPS for the quarter, beating the consensus estimate of $2.89 by $0.35. The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.61 billion. AppLovin had a return on equity of 245.64% and a net margin of 57.42%.AppLovin’s quarterly revenue was up 66.0% compared to the same quarter last year. During the same period last year, the company earned $1.73 earnings per share. On average, equities research analysts forecast that AppLovin Corporation will post 6.87 EPS for the current fiscal year.

Institutional Investors Weigh In On AppLovin

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of AppLovin by 39.4% during the third quarter. Vanguard Group Inc. now owns 24,954,458 shares of the company’s stock worth $17,930,776,000 after buying an additional 7,051,663 shares during the period. State Street Corp raised its holdings in shares of AppLovin by 111.1% in the 3rd quarter. State Street Corp now owns 11,852,466 shares of the company’s stock valued at $8,516,471,000 after buying an additional 6,237,051 shares during the period. Corient Private Wealth LLC lifted its stake in AppLovin by 3,118.6% during the 4th quarter. Corient Private Wealth LLC now owns 4,194,071 shares of the company’s stock worth $2,826,049,000 after acquiring an additional 4,063,763 shares in the last quarter. Norges Bank acquired a new position in AppLovin during the 4th quarter worth about $2,040,321,000. Finally, Rakuten Investment Management Inc. purchased a new position in AppLovin during the 3rd quarter valued at about $1,456,108,000. 41.85% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting AppLovin

Here are the key news stories impacting AppLovin this week:

• Positive Sentiment: Needham reaffirmed a “buy” and set a $700 price target, signaling continued analyst conviction and providing a clear upside thesis for investors. Needham Buy Rating
• Positive Sentiment: A Seeking Alpha/quant note flagged APP as a “buy” from its system, which can attract algorithmic and momentum buyers. Quant Buy Note
• Neutral Sentiment: Analyst and media pieces argue recent swings reflect market sentiment in digital ads rather than worsening fundamentals — helpful context but not an immediate catalyst. Volatility vs Fundamentals
• Neutral Sentiment: Short-interest data reported for March is anomalous (shows 0 shares / 0 days to cover), suggesting the short-interest snapshot is not a reliable current signal. Investors should treat the short data as non-actionable until clarified.
• Negative Sentiment: Multiple insider sales by CTO Vasily Shikin on March 10 — aggregated trades total tens of millions of dollars at prices roughly in the $477–$513 range — which the market often views as a negative signal on near-term insider conviction. SEC Filing: Insider Sales
• Negative Sentiment: High-profile commentary (Jim Cramer) labeled APP as having “too much risk,” which can amplify downside via retail flows and headline-driven selling. Cramer Commentary
• Negative Sentiment: Forbes piece questions whether APP is a value trap after a recent ~10% pullback over the past month, reinforcing cautious narratives among longer-term investors. Forbes: Value Trap?
• Negative Sentiment: A market write-up noted APP “fell more steeply than the broader market” in the latest session, reflecting the day’s negative price action and sentiment pressure. Zacks: Price Drop

Insider Activity

In other AppLovin news, insider Victoria Valenzuela sold 7,609 shares of the business’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $657.13, for a total transaction of $5,000,102.17. Following the sale, the insider directly owned 277,110 shares in the company, valued at $182,097,294.30. This represents a 2.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Vasily Shikin sold 62,804 shares of the stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $486.43, for a total transaction of $30,549,749.72. Following the sale, the chief technology officer directly owned 3,255,273 shares in the company, valued at $1,583,462,445.39. This represents a 1.89% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 97,329 shares of company stock valued at $48,642,639. 13.66% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Piper Sandler restated an “overweight” rating and set a $650.00 price target (down from $800.00) on shares of AppLovin in a research report on Thursday, February 12th. Wells Fargo & Company lowered their target price on AppLovin from $735.00 to $543.00 and set an “overweight” rating on the stock in a report on Thursday, February 12th. Arete Research set a $340.00 price target on AppLovin and gave the company a “neutral” rating in a research report on Monday, March 2nd. Needham & Company LLC reaffirmed a “buy” rating and issued a $700.00 price target on shares of AppLovin in a report on Wednesday. Finally, Scotiabank lifted their price objective on AppLovin from $750.00 to $775.00 and gave the stock an “outperform” rating in a research report on Thursday, February 12th. Twenty research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $654.50.

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.