AppLovin CTO Vasily Shikin Sells Over $30 Million in Shares

Shikin's sale represents a 1.89% decrease in his ownership stake in the mobile technology company.

Mar. 12, 2026 at 10:41pm

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AppLovin Corporation's Chief Technology Officer Vasily Shikin sold 62,804 shares of the company's stock on Tuesday, March 10th. The shares were sold at an average price of $486.43, resulting in a total transaction value of $30,549,749.72. Following the sale, Shikin still owns 3,255,273 shares in the company, valued at $1,583,462,445.39.

Why it matters

Insider transactions, particularly large sales by C-suite executives, can provide insight into a company's performance and outlook. Shikin's sale, representing nearly 2% of his total holdings, may signal a shift in his confidence or the company's near-term prospects.

The details

Shikin's sale was part of a series of transactions on March 10th, where he sold a total of 89,720 AppLovin shares for over $43 million. The trades were disclosed in a filing with the Securities and Exchange Commission.

  • On March 10, 2026, Shikin sold 62,804 shares of AppLovin stock.
  • On March 10, 2026, Shikin also sold an additional 26,916 AppLovin shares in multiple transactions.

The players

Vasily Shikin

The Chief Technology Officer of AppLovin Corporation.

AppLovin Corporation

A Palo Alto-based mobile technology company that provides software and services to help app developers grow and monetize their businesses.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

Shikin's substantial sale of AppLovin shares, while not necessarily indicative of broader concerns, highlights the importance of monitoring insider transactions for clues about a company's trajectory. Investors will likely watch for any further changes in Shikin's or other executives' holdings in the coming months.