AppLovin CEO Sells $18.7M in Shares

Arash Adam Foroughi sells 40,704 shares as company's stock price declines

Mar. 14, 2026 at 1:20am

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AppLovin Corporation CEO Arash Adam Foroughi sold 40,704 shares of the company's stock on March 12th, 2026 for a total transaction of $18,717,734.40. The sale represented a 1.65% decrease in Foroughi's position. AppLovin is a mobile technology company that provides software and services to help app developers grow and monetize their businesses.

Why it matters

The sale of a significant number of shares by AppLovin's CEO could signal a shift in the company's leadership or a change in the executive's confidence in the company's future performance. As a major shareholder, the CEO's trading activity is closely watched by investors and analysts.

The details

Foroughi sold the 40,704 shares at an average price of $459.85 per share. Following the sale, Foroughi still owns 2,430,414 shares of AppLovin, valued at approximately $1.12 billion. AppLovin's stock price has declined from a 52-week high of $745.61 to the current trading price of around $458.67.

  • The share sale occurred on Thursday, March 12th, 2026.

The players

Arash Adam Foroughi

The CEO 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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The takeaway

The sale of a significant number of shares by AppLovin's CEO could signal a shift in the company's leadership or a change in the executive's confidence in the company's future performance. Investors will be closely watching the company's stock price and any further trading activity by the CEO.