AppLovin Director Sells $9.6M in Stock

Eduardo Vivas reduces stake in mobile tech company by over 20,000 shares

Mar. 21, 2026 at 12:04pm

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AppLovin Corporation (NASDAQ:APP) Director Eduardo Vivas sold 20,910 shares of the company's stock in a transaction on Friday, March 13th. The shares were sold at an average price of $458.67, for a total transaction of $9,590,789.70. Following the sale, Vivas still owns 7,112,382 shares of AppLovin stock, valued at over $3.2 billion.

Why it matters

Insider transactions, especially large sales by directors, can provide insight into a company's performance and future prospects. Vivas' sale represents a 0.29% decrease in his position, which may signal a shift in his confidence or plans for the company.

The details

The transaction was disclosed in a filing with the Securities and Exchange Commission. Vivas also sold an additional 163,910 shares on March 16th at an average price of $453.49, for a total transaction of $74,331,545.90. AppLovin is a mobile technology company that provides software and services to help app developers grow and monetize their businesses.

  • The shares were sold on Friday, March 13th, 2026.
  • Vivas also sold an additional 163,910 shares on Monday, March 16th, 2026.

The players

Eduardo Vivas

A director of AppLovin Corporation, a mobile technology company.

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

Vivas' sale of over $84 million in AppLovin stock may signal a shift in his confidence or plans for the company, though the reasons behind the transaction are not entirely clear. Insider transactions can provide valuable insights, but should be considered alongside other financial and operational data when evaluating a company's performance and prospects.