Insider sales are trivial in size and likely reflect routine diversification or tax planning. No bearish signal. Monitor next 10-Q for any change in fundamentals, but this cluster alone does not warrant action.
Price Chart
Executive Summary
Two AppLovin insiders, including CFO Matthew Stumpf, sold a total of $5.83M in open-market sales over a 7-day window. The CFO's $5.43M sale is the dominant transaction, while a director sold $231K. Non-cash director grants of 525 shares each to 7 directors occurred on June 3, carrying no economic signal. At a $187.2B market cap, the total open-market sales represent ~0.003% of market cap — trivial in proportion, suggesting routine portfolio diversification rather than a bearish signal.
Key Financial Metrics
Key Facts
- CFO Matthew Stumpf sold 9,100 shares at ~$600 for $5.43M on 2026-05-28.
- CALO & Corp. Secretary Victoria Valenzuela sold 720 shares at $555.63 for $400K on 2026-06-04.
- Director Maynard G. Webb Jr. sold 400 shares at $577.83 for $231K on 2026-06-05.
- Seven directors received non-cash grants of 525 shares each on 2026-06-03 ($0 value).
- Total open-market sales of $6.06M represent ~0.003% of AppLovin's $187.2B market cap.
- Historical calibration shows past neutral/score-3 reports on APP had a +14.42% T+20 alpha, but this is a different event type.
Financial Impact
Total insider sales of $6.06M are immaterial relative to $187.2B market cap (0.003%).
Risk Factors
- CFO selling near all-time highs could indicate personal portfolio rebalancing, not a negative view on the company.
- No evidence of 10b5-1 plans for these sales, but the small size makes this immaterial.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-APP-1780951757020 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 4, 2026 8w ago | Institutional Cluster | $419.70 $311.74 | ▲ +25.72% | ▲ +24.48% | $268.22 (+36.09%) |
Jul 6, 2026 12w ago | 144 | $543.79 $395.90 | ▼ −27.20% | ▼ −26.63% | $268.22 (−50.68%) |
Jun 12, 2026 15w ago | Insider Cluster | $520.86 $442.85 | ▼ −14.98% | ▼ −14.23% | $268.22 (−48.50%) |
Jun 12, 2026 15w ago | Insider Cluster | $520.86 $442.85 | ▼ −14.98% | ▼ −14.23% | $268.22 (−48.50%) |
Jun 12, 2026 16w ago | Institutional Cluster | $496.77 $506.98 | ▲ +2.06% | ▲ +0.28% | $268.22 (−46.01%) |
Jun 8, 2026 16w ago | Insider Cluster | $520.84 $527.98 | ▲ +1.37% | ▼ −0.08% | $268.22 (−48.50%) |
Jun 5, 2026 17w ago | 144 | $557.20 $543.79 | ▼ −2.41% | ▼ −4.27% | $268.22 (−51.86%) |
May 29, 2026 18w ago | Insider Cluster | $613.70 $515.23 | ▼ −16.05% | ▼ −14.75% | $268.22 (−56.29%) |
May 6, 2026 21w ago | S-3ASR | $498.87 $570.83 | ▲ +14.42% | ▲ +11.29% | $268.22 (−46.23%) |
May 6, 2026 21w ago | 8-K | $498.87 $570.83 | ▲ +14.42% | ▲ +11.29% | $268.22 (−46.23%) |
US Market Status
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