AppLovin Directors Make Major Moves with Stock Sales!

New insider activity at AppLovin ( (APP) ) has taken place on June 6, 2025.

In recent transactions involving AppLovin stock, Director Alyssa Harvey Dawson sold 3,500 shares, amounting to a total of $1,452,162. Additionally, Director Herald Chen executed a significantly larger sale, offloading 100,000 shares for a substantial $41,990,543.

Recent Updates on APP stock

In the past 24 hours, AppLovin has seen significant developments with notable changes in its stock price targets. JPMorgan raised its price target for AppLovin from $355 to $400, reflecting updates in the internet SMID and video games sector. Meanwhile, BTIG increased its target from $471 to $480, driven by AppLovin’s strategic sale of its first-person mobile games business to Tripledot Studios, which is expected to be completed this quarter. This adjustment reflects the removal of contributions from these studios in future financial models. Additionally, AppLovin’s shares experienced a moderate increase, closing at $370.10 after trading at $362.02, resulting in an 18% profit for a notable call buyer. Analysts remain optimistic about AppLovin’s financial outlook and strategic moves, contributing to the positive sentiment around the stock.

Spark’s Take on APP Stock

According to Spark, TipRanks’ AI Analyst, APP is a Outperform.

AppLovin’s overall stock score is driven by strong financial performance and positive earnings call sentiment, highlighting robust revenue and profit margins. While technical indicators show a bullish trend, valuation concerns due to high P/E ratio and overbought signals are potential risks. The company’s strategic focus on advertising and machine learning advancements position it well for future growth, despite challenges like high leverage and potential tariff impacts.

To see Spark’s full report on APP stock, click here.

More about AppLovin

YTD Price Performance: 21.17%

Average Trading Volume: 8,487,304

Technical Sentiment Signal: Buy

Current Market Cap: $140.9B