Insider Cluster (3 insiders) ·Filed Jun 12, 2026

APP

AppLovin Corp
NEUTRAL
Impact 2/10
Horizonweeks Processed3mo ago
Insider cluster: 3 insiders, $1.1M total
Actionable Insight • Neutral

Total insider sales are de minimis at 0.0018% of market cap and involve a known pattern of CEO selling. The gift of 16,667 shares is economically zero. The historical calibration for this segment shows negative net alpha at T+20 (-2.27%), but this filing is too small to be informative on its own. Look for a material 10-Q or acquisition filing for real directional signal — this cluster has no standalone trading edge.

DirectionNeutral
Confidencehigh
Horizonweeks
Final — all horizons settled through T+60d ⚠ clustered
APP ▼ -41.43% at T+60d
NEUTRAL call ✗ call lost -41.43% · α vs SPY -42.43% · entry $520.86 → $305.06
Entry anchored
Jun 12, 04:56 PM ET
via exchange tick
T+1d
-1.09%
call -1.09% · α -0.49%
$515.20
settled 4mo ago
T+5d
-9.88%
call -9.88% · α -8.50%
$469.39
settled 3mo ago
T+20d
-14.98%
call -14.98% · α -14.23%
$442.85
settled 3mo ago
T+60d
-41.43%
call -41.43% · α -42.43%
$305.06
settled 23d ago

Price Chart

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Executive Summary

CEO Arash Foroughi sold $2.21M in open-market shares over three days (June 10-12) as part of a broader insider selling cluster with two other executives, totaling $2.64M in cash sales. The CEO also gifted 16,667 shares, a non-cash event. At a $160.8B market cap, total sales represent ~0.0016% of market cap — a trivial amount — and the cluster includes pattern sales and a gift, providing no bearish signal.

Key Financial Metrics

Direction
selling
Total Value
$2.8M
Insiders
3

Key Facts

  • CEO Foroughi sold $2.21M in open-market sales across June 10-12 at average price ~$479
  • Director Webb sold $231K at $577.83 on June 5
  • CALO Victoria Valenzuela sold $400K at $555.63 on June 4
  • CEO gifted 16,667 shares ($0 value, non-cash) on June 10
  • Total open-market sales: $2.84M across three insiders over 8 days
  • Market cap: $160.8B; total sales = 0.0018% of market cap

Financial Impact

Total insider sales of $2.84M represent ~0.0018% of AppLovin's $160.8B market cap — a trivial and routine amount. CEO sales alone were $2.21M, likely part of a preset 10b5-1 plan or diversification, given the large cap and frequent prior insider sales pattern ($2.8M in prior 30 days).

insider ownershipsecondary market float

Risk Factors

  • Continued CEO selling above $450 could dampen sentiment among retail traders
  • The negative T+20 alpha in this score bracket suggests the market tends to mean-revert after such filings

Market Snapshot

Exchange
Nasdaq
Sector
Services-Computer Programming, Data Processing, Etc.
Analyst Consensus
89% bullish (36 analysts)

Investment Themes

Software & IT

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-APP-1781306854998
15 reports for APP
Performance horizon
100% Hit rate 4 of 4 directional calls best @ T+20▲ +25.72%Aug 4, 2026
Filters
Rows
Reports for APP — sortable, filterable
TypeNow
Aug 4, 2026
8w ago
Institutional Cluster
BEARISH ★ 5/10
$419.70 $311.74▲ +25.72%▲ +24.48%$268.22 (+36.09%)
Jul 6, 2026
12w ago
144
NEUTRAL ★ 2/10
$543.79 $395.90▼ −27.20%▼ −26.63%$268.22 (−50.68%)
Jun 12, 2026
15w ago
Insider Cluster
NEUTRAL ★ 2/10
$520.86 $442.85▼ −14.98%▼ −14.23%$268.22 (−48.50%)
Jun 12, 2026
15w ago
Insider Cluster
NEUTRAL ★ 2/10
$520.86 $442.85▼ −14.98%▼ −14.23%$268.22 (−48.50%)
Jun 12, 2026
16w ago
Institutional Cluster
MIXED ★ 5/10
$496.77 $506.98▲ +2.06%▲ +0.28%$268.22 (−46.01%)
Jun 8, 2026
16w ago
Insider Cluster
NEUTRAL ★ 3/10
$520.84 $527.98▲ +1.37%▼ −0.08%$268.22 (−48.50%)
Jun 5, 2026
17w ago
144
NEUTRAL ★ 2/10
$557.20 $543.79▼ −2.41%▼ −4.27%$268.22 (−51.86%)
May 29, 2026
18w ago
Insider Cluster
NEUTRAL ★ 2/10
$613.70 $515.23▼ −16.05%▼ −14.75%$268.22 (−56.29%)
May 6, 2026
21w ago
S-3ASR
NEUTRAL ★ 3/10
$498.87 $570.83▲ +14.42%▲ +11.29%$268.22 (−46.23%)
May 6, 2026
21w ago
8-K
BULLISH ★ 8/10
$498.87 $570.83▲ +14.42%▲ +11.29%$268.22 (−46.23%)
Showing 10 of 15

US Market Status

Market Closed — Opens Mon (64h 39m)

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Report published Jun 12, 2026