AppLovin Director Sells $9.6M in Stock

Insider selling follows recent insider buying at the mobile tech company.

Mar. 21, 2026 at 12:12am

AppLovin Corporation (NASDAQ:APP) Director Eduardo Vivas sold 20,910 shares of the company's stock on March 13th for a total transaction value of $9,590,789.70. The sale represented a 0.29% decrease in Vivas' position, leaving him with 7,112,382 shares valued at over $3.2 billion. The transaction was disclosed in a filing with the SEC.

Why it matters

Insider selling can sometimes signal a lack of confidence in a company's future prospects, though it can also be for personal financial reasons. AppLovin has seen significant insider buying and selling activity in recent months, which may indicate volatility in the stock as the company navigates the mobile advertising landscape.

The details

Vivas sold the shares at an average price of $458.67. Following the sale, he still owns over 7.1 million shares in the company, valued at over $3.2 billion. AppLovin provides mobile marketing and monetization services to app developers.

  • The shares were sold on Friday, March 13, 2026.

The players

Eduardo Vivas

A director at 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

This insider sale highlights the volatility in AppLovin's stock as the company navigates the competitive mobile advertising industry. Investors will be watching closely to see if other insiders follow suit or if this was an isolated transaction.