Insider selling at AppLovin is routine and immaterial relative to the company's massive $201.5B market cap. The CFO's sale is likely a scheduled 10b5-1 plan or tax-related disposition. No bearish signal. Monitor upcoming earnings for fundamental trends, but this cluster has no actionable trading implication.
Price Chart
Executive Summary
Two AppLovin insiders — CFO Matthew Stumpf and CTO Vasily Shikin — sold a combined $5.71M in open-market sales over a 7-day window. The CFO's $5.43M sale at $600/share represents a routine, liquidity-driven disposition (likely tied to a 10b5-1 plan or tax planning), and the CTO's $281K sale is immaterial. At 0.003% of AppLovin's $201.5B market cap, the total cluster value is trivial and carries no informational signal.
Key Financial Metrics
Key Facts
- CFO Stumpf sold 9,052 shares at $600 for $5.43M on 2026-05-28
- CTO Shikin sold 588 shares at $477.71 for $281K on 2026-05-22
- Total cluster value of $5.71M is 0.003% of AppLovin's $201.5B market cap
- No open-market purchases were made by any insider in the cluster
- Per academic literature, cluster sales are weak predictors — most are liquidity-driven, not informational
Financial Impact
Total insider sales of $5.71M represent 0.003% of market cap — economically negligible
Risk Factors
- No material risk identified from this cluster alone
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-1780086412352 |
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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