AppLovin (NASDAQ:APP) Stock Sale Revealed 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 $1,001 and $15,000 in AppLovin stock on October 20th. 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 Down 2.7%

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 5,615,768. The company has a debt-to-equity ratio of 1.07, a current ratio of 3.80 and a quick ratio of 3.80. AppLovin Corporation has a 52-week low of $225.19 and a 52-week high of $738.01. The stock has a fifty day simple moving average of $298.73 and a 200-day simple moving average of $408.06. The firm has a market capitalization of $131.75 billion, a P/E ratio of 26.49, a P/E/G ratio of 0.80 and a beta of 2.51.

AppLovin (NASDAQ:APP) last posted its quarterly earnings data on Wednesday, November 4th. The company reported $4.30 earnings per share for the quarter, beating the consensus estimate of $4.03 by $0.27. AppLovin had a return on equity of 182.97% and a net margin of 65.89%. The business had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.07 billion. During the same period in the previous year, the firm posted $2.45 EPS. The business’s revenue was up 55.5% on a year-over-year basis. As a group, equities analysts expect that AppLovin Corporation will post 16.25 EPS for the current fiscal year.

Hedge Funds Weigh In On AppLovin

Institutional investors and hedge funds have recently modified their holdings of the stock. Revolve Wealth Partners LLC grew its position in AppLovin by 2.8% during the 2nd quarter. Revolve Wealth Partners LLC now owns 851 shares of the company’s stock valued at $438,000 after purchasing an additional 23 shares during the last quarter. IMA Advisory Services Inc. raised its holdings in AppLovin by 40.0% in the 1st quarter. IMA Advisory Services Inc. now owns 84 shares of the company’s stock worth $33,000 after acquiring an additional 24 shares during the last quarter. Sovran Advisors LLC boosted its stake in AppLovin by 5.7% during the 1st quarter. Sovran Advisors LLC now owns 517 shares of the company’s stock valued at $206,000 after purchasing an additional 28 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of AppLovin by 3.6% in the 1st quarter. EverSource Wealth Advisors LLC now owns 871 shares of the company’s stock worth $347,000 after purchasing an additional 30 shares in the last quarter. Finally, Wall Street Financial Group Inc. increased its holdings in shares of AppLovin by 8.4% in the 2nd quarter. Wall Street Financial Group Inc. now owns 389 shares of the company’s stock worth $200,000 after purchasing an additional 30 shares in the last quarter. 41.85% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on APP. Wells Fargo & Company lifted their price target on AppLovin from $325.00 to $347.00 and gave the company an “equal weight” rating in a research report on Friday, November 6th. Oppenheimer reiterated an “outperform” rating and issued a $520.00 price objective (up from $490.00) on shares of AppLovin in a report on Thursday, November 5th. BTIG Research raised their price objective on AppLovin from $396.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, November 5th. Royal Bank Of Canada boosted their target price on shares of AppLovin from $500.00 to $520.00 and gave the company an “outperform” rating in a report on Thursday, November 5th. Finally, Bank of America lowered shares of AppLovin from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $430.00 to $400.00 in a research note on Tuesday, August 11th. Three analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $497.93.

Latest AppLovin News

Investors following APP have been watching these news items:

• 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
• Negative Sentiment: A Seeking Alpha article downgraded the stock, arguing that valuation concerns outweigh the company’s execution—another potential headwind after the recent rally. AppLovin: Valuation Trumps Execution (Rating Downgrade)

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 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.