Eduardo Vivas Sells AppLovin Shares Worth $82.6 Million
Insider Eduardo Vivas sold 163,910 shares of AppLovin at $504.06 each on June 16.
Key Points
- Eduardo Vivas sold 163,910 shares of AppLovin Corporation for about $82.6 million on June 16, 2026.
- AppLovin's stock traded around $468.66, with a market cap of $161.08 billion and a P/E ratio of 41.73.
- Analysts maintain a strong buy consensus with a target price of $648.10 for AppLovin.
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Eduardo Vivas, an insider at AppLovin Corporation, sold 163,910 shares of the company on June 16, 2026. The shares were sold at an average price of $504.06, totaling approximately $82.6 million. This transaction was planned and executed under a Rule 10b5-1 trading plan.
What Changed in Eduardo Vivas's AppLovin Position
Eduardo Vivas reduced his stake in AppLovin Corporation by selling 163,910 shares. The sale, conducted at an average price of $504.06 per share, amounted to $82.6 million. This transaction was part of a pre-arranged trading plan, allowing insiders to trade company stock without violating insider trading laws.
Other Institutional Activity in AppLovin
In recent institutional activity, BlackRock, Inc. trimmed its holdings in AppLovin by 531,525 shares, ending with 23,640,172 shares valued at around $9.41 billion. Vanguard Capital Management LLC added 16,750,884 shares, bringing its total to the same amount, valued at about $6.67 billion. FMR LLC increased its position by 2,600,386 shares, now holding 15,691,414 shares worth approximately $6.25 billion. State Street Corp reduced its stake by 137,514 shares, holding 11,767,329 shares valued at $4.68 billion. Meanwhile, Geode Capital Management, LLC grew its position by 121,369 shares, totaling 7,288,372 shares valued at $2.90 billion.
AppLovin Corporation Stock Up 47.5%
Shares of NasdaqGS:APP traded near $468.66. AppLovin Corporation has a market capitalization of about $161.08 billion, with a P/E ratio of 41.73 and a forward P/E of 21.87. The stock has seen a 52-week low of $320.00 and a high of $745.61. It has a 50-day moving average of $490.34 and a 200-day moving average of $542.31. The company's beta is 2.455, indicating higher volatility compared to the market. AppLovin's current ratio is 3.244, with a quick ratio of 3.156 and a debt-to-equity ratio of 162.888.
$APP stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
AppLovin reported revenue of $6.16 billion, with a revenue growth rate of 0.59%. The company's earnings per share (EPS) stood at $11.49, with a net margin of 64.29% and a return on equity (ROE) of 2.66%. The next earnings release is scheduled for August 6, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
4 target raises vs 1 cuts.
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EPS & revenue
EPS beat estimates by 3.6%. Revenue beat estimates by 3.3%.
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Profit surprise
EBITDA met by 1 percent. Operating income beat by 7 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
4 target raises, 1 target cut.
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Earnings quality
Gross margin up 2.0 points. Operating margin up 5.7 points. Positive free cash flow.
Earnings Call Summary
AppLovin delivered 1.84 billion dollars in revenue, up 59 percent year over year, and beat guidance again. The gaming business remains strong while the consumer vertical is growing faster, with March spending 25 percent higher than January and April setting a record month. Management is excited about opening the platform to the public in June and seeing new game developers adopt ad monetization alongside in-app purchases.
Guidance AppLovin guided for 1.915 to 1.945 billion dollars in second-quarter revenue, up 52 to 55 percent year over year. They expect adjusted EBITDA margin around 84 to 85 percent. Management said the consumer vertical is accelerating fast and the June platform launch to the public will unlock much larger growth.
Solid report. Results were generally better than expected, but the forward outlook did not materially change.
Insider Buying and Selling at AppLovin Corporation
Apart from Eduardo Vivas, CEO Arash Adam Foroughi sold shares on multiple occasions. On June 12, 2026, he sold 41,667 shares at $489.03 per share. He also sold 41,666 shares at $484.75 on June 11, and 20,833 shares at $503.91 on June 10. Additionally, Victoria Valenzuela, the Chief Legal and Corporate Secretary, sold 20,000 shares at $565.89 on June 4.
Analysts Set New Price Targets
On May 7, 2026, several firms maintained their ratings on AppLovin. Macquarie, UBS, and Wells Fargo maintained a 'buy' rating, with targets of $730, $750, and $571, respectively. JP Morgan maintained a 'hold' rating with a $515 target, while Wedbush reiterated its 'buy' rating with a $640 target. The consensus among 30 analysts is a 'strong buy', with a mean target price of $648.10.
About AppLovin Corporation
AppLovin Corporation, based in Palo Alto, California, provides AI-powered advertising solutions globally. It operates through two segments: Advertising and Apps. Its offerings include the Axon Ads Manager, MAX in-app bidding technology, Adjust analytics platform, and the Wurl connected TV platform. The company serves a diverse clientele, including developers, advertisers, and publishers. Founded in 2011, AppLovin is led by CEO Adam Arash Foroughi and employs 876 people.
Bottom Line
Eduardo Vivas's planned sale of AppLovin shares is a significant insider transaction. Investors often track such moves to gauge insider sentiment. AppLovin's robust market position and analyst consensus suggest continued interest. Remember, insider sales are reported after the fact and do not necessarily indicate future stock performance.
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