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

Posted by Max Byerly on May 12th, 2026

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of AppLovin Corporation (NASDAQ:APP). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in AppLovin stock on April 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 Revvity (NYSE:RVTY) on 5/1/2026.
Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

AppLovin Stock Performance

APP stock traded up $12.27 during midday trading on Tuesday, reaching $490.69. The company had a trading volume of 4,685,176 shares, compared to its average volume of 4,447,378. The company has a quick ratio of 3.24, a current ratio of 3.24 and a debt-to-equity ratio of 1.49. The stock has a 50 day moving average price of $445.56 and a 200 day moving average price of $531.23. AppLovin Corporation has a fifty-two week low of $320.00 and a fifty-two week high of $745.61. The firm has a market capitalization of $165.50 billion, a PE ratio of 42.16, a P/E/G ratio of 0.78 and a beta of 2.37.

AppLovin (NASDAQ:APP – Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $3.56 EPS for the quarter, beating analysts’ consensus estimates of $3.44 by $0.12. AppLovin had a return on equity of 219.37% and a net margin of 64.29%.The company had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.77 billion. During the same period in the previous year, the firm posted $1.67 earnings per share. AppLovin’s quarterly revenue was up 58.9% compared to the same quarter last year. Analysts anticipate that AppLovin Corporation will post 15.82 earnings per share for the current year.

More AppLovin News

Here are the key news stories impacting AppLovin this week:

Positive Sentiment: Wolfe Research reaffirmed an Outperform rating on AppLovin and increased its price target, signaling continued analyst confidence after strong quarterly results. Robust Revenue and Earnings Growth Assert AppLovin Corporation (APP) as a Top Tech Stock in Louis Navellier’s Portfolio
Positive Sentiment: A reported Power Inflow alert suggested strong buying pressure in AppLovin, which traders often interpret as a bullish short-term technical signal. Applovin Shares Rise 4% After Key Trading Signal
Neutral Sentiment: AppLovin has also been included in several “growth stocks with strong insider ownership” screens, which reflects favorable investor interest but is not a direct company-specific catalyst. Top Growth Companies With Strong Insider Ownership In May 2026
Neutral Sentiment: The stock has drawn heavy search interest and momentum-stock attention from Zacks, highlighting that investors are actively watching APP for further upside. Here’s Why AppLovin (APP) is a Strong Momentum Stock
Negative Sentiment: Some market commentary has questioned whether the broader AI-related rally has become overheated, which could create valuation pressure for AI-adjacent names like AppLovin if sentiment cools. AI Rally May Have Gone Too Far With Some Stocks Up 70% in a Month

Insider Buying and Selling at AppLovin

In other AppLovin news, CTO Vasily Shikin sold 5,231 shares of the business’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $477.47, for a total transaction of $2,497,645.57. Following the sale, the chief technology officer directly owned 30,658 shares of the company’s stock, valued at $14,638,275.26. The trade was a 14.58% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Arash Adam Foroughi sold 40,704 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $459.85, for a total transaction of $18,717,734.40. Following the transaction, the chief executive officer owned 2,430,414 shares in the company, valued at approximately $1,117,625,877.90. This represents a 1.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 365,244 shares of company stock valued at $169,584,607 in the last three months. 13.66% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On AppLovin

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Washington Trust Advisors Inc. increased its holdings in shares of AppLovin by 160.0% in the fourth quarter. Washington Trust Advisors Inc. now owns 39 shares of the company’s stock valued at $27,000 after buying an additional 24 shares in the last quarter. Chilton Capital Management LLC acquired a new stake in AppLovin during the 3rd quarter valued at $29,000. Board of the Pension Protection Fund acquired a new stake in AppLovin during the 4th quarter valued at $27,000. Mcguire Capital Advisors Inc. acquired a new stake in AppLovin during the 4th quarter valued at $27,000. Finally, Activest Wealth Management raised its stake in AppLovin by 760.0% during the 3rd quarter. Activest Wealth Management now owns 43 shares of the company’s stock valued at $31,000 after purchasing an additional 38 shares during the period. Institutional investors own 41.85% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on APP. Evercore restated a “buy” rating on shares of AppLovin in a research note on Friday, January 30th. Scotiabank boosted 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. Jefferies Financial Group reduced their price objective on AppLovin from $860.00 to $700.00 and set a “buy” rating for the company in a research report on Thursday, February 12th. Oppenheimer reduced their price objective on AppLovin from $740.00 to $660.00 and set an “outperform” rating for the company in a research report on Thursday, March 5th. Finally, Piper Sandler boosted their price objective on AppLovin from $650.00 to $665.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $664.35.

View Our Latest Research Report on AppLovin

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

(Get Free Report)

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.