AppLovin (NASDAQ:APP) Stock Sold Off by Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of AppLovin Corporation (NASDAQ:APP). In a filing disclosed on November 10th, the Representative disclosed that they had sold between $15,001 and $50,000 in AppLovin stock on October 14th. 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):

• Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 11/2/2026.
• Purchased $1,001 – $15,000 in shares of argenex (NASDAQ:ARGX) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Illumina (NASDAQ:ILMN) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 10/27/2026.
• Sold $15,001 – $50,000 in shares of PTC (NASDAQ:PTC) on 10/27/2026.
• Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 10/27/2026.
• Purchased $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Micron Solutions (OTCMKTS:MICR) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/21/2026.
• Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 10/21/2026.

AppLovin Stock Performance

APP traded down $11.09 on Thursday, hitting $393.68. The company had a trading volume of 3,061,614 shares, compared to its average volume of 5,855,478. The company has a debt-to-equity ratio of 1.07, a current ratio of 3.80 and a quick ratio of 3.80. The company’s fifty day moving average price is $300.22 and its 200 day moving average price is $407.35. The stock has a market cap of $131.75 billion, a price-to-earnings ratio of 26.49, a price-to-earnings-growth ratio of 0.82 and a beta of 2.51. AppLovin Corporation has a 1-year low of $225.19 and a 1-year high of $738.01.

AppLovin (NASDAQ:APP) last announced its quarterly earnings data on Wednesday, November 4th. The company reported $4.30 earnings per share for the quarter, topping the consensus estimate of $4.03 by $0.27. The company had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.07 billion. AppLovin had a return on equity of 182.97% and a net margin of 65.89%. AppLovin’s revenue for the quarter was up 55.5% compared to the same quarter last year. During the same quarter last year, the firm earned $2.45 EPS. Equities analysts predict that AppLovin Corporation will post 16.25 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Royal Bank Of Canada lifted their target price on AppLovin from $500.00 to $520.00 and gave the company an “outperform” rating in a research note on Thursday, November 5th. BTIG Research upped their price target on AppLovin from $396.00 to $450.00 and gave the company a “buy” rating in a research note on Thursday, November 5th. UBS Group decreased their price target on AppLovin from $790.00 to $414.00 and set a “buy” rating on the stock in a report on Wednesday, October 28th. Needham & Company LLC reiterated a “buy” rating and issued a $475.00 price objective on shares of AppLovin in a research report on Thursday, November 5th. Finally, Weiss Ratings upgraded shares of AppLovin from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, October 16th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $497.93.

Institutional Trading of AppLovin

Institutional investors and hedge funds have recently modified their holdings of the stock. State Street Corp grew its holdings in AppLovin by 8.8% during the third quarter. State Street Corp now owns 16,420,740 shares of the company’s stock valued at $4,769,076,000 after purchasing an additional 1,325,073 shares during the period. WCM Investment Management LLC grew its position in shares of AppLovin by 5.2% in the 1st quarter. WCM Investment Management LLC now owns 5,001,600 shares of the company’s stock valued at $1,860,995,000 after purchasing an additional 245,290 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of AppLovin by 7.5% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,735,471 shares of the company’s stock valued at $894,167,000 after purchasing an additional 121,605 shares during the period. Bank of New York Mellon Corp bought a new stake in AppLovin during the 2nd quarter worth approximately $730,015,000. Finally, Amundi increased its stake in AppLovin by 19.5% during the 2nd quarter. Amundi now owns 1,332,633 shares of the company’s stock worth $686,612,000 after purchasing an additional 217,214 shares in the last quarter. 41.85% of the stock is owned by institutional investors.

More AppLovin News

These are some of the APP news items that stood out recently:

• Positive Sentiment: Recent coverage highlighted strong third-quarter results, including revenue growth of about 55%, and fourth-quarter guidance above expectations. The company also announced a larger share-repurchase plan, providing support for the bullish case. AppLovin (APP) Jumps On Strong Q3 Results, Is The Stock Still Cheap?
• Neutral Sentiment: AppLovin had risen sharply over the prior month, leaving investors weighing its growth prospects against whether the rally had run too far. AppLovin Just Ripped 47% in a Month: Is It Too Late to Buy APP Stock Now?
• Negative Sentiment: Several law firms publicized a pending securities class action and the November 16 lead-plaintiff deadline. The lawsuit alleges that AppLovin’s statements about the progress and adoption of its AI models and self-service advertising tools were misleading; these are allegations, not findings. The legal overhang may weigh on sentiment. AppLovin Investors Alert

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 is a technology company that provides software to help mobile app developers and advertisers grow their businesses. Its platform connects advertisers seeking users with app publishers looking to monetize their audiences, using data and machine-learning tools to support advertising and user acquisition. The company’s products include AXON, its advertising optimization engine; AppDiscovery, which helps advertisers find and acquire users; and MAX, a platform for managing in-app advertising.