Applovin Drops 3.96% as Insider Sales Spark Concern

Mover TrackerThursday, May 15, 2025 5:52 am ET

1min read

On May 15, 2025, Applovin's stock experienced a 3.96% drop in pre-market trading, reflecting a significant decline in investor sentiment.

Applovin's recent internal trading activities have drawn attention, with director Craig Billings executing multiple transactions on May 12, 2025. Notably, Billings sold 8,179 shares at $352.89 per share and 3,817 shares at $353.60 per share, totaling approximately $4.24 million in sales. Additionally, Billings bought 9,000 shares at $25.55 per share and 3,000 shares at $27.03 per share, indicating a mixed sentiment towards the company's stock.

Another significant internal trader is high-level executive Vasily Shikin, who sold a substantial number of shares on March 10, 2025. Shikin's transactions included selling 4,685 shares at $241.74 per share, 6,815 shares at $240.75 per share, 3,826 shares at $242.78 per share, 7,274 shares at $238.74 per share, and 3,924 shares at $236.78 per share. These sales suggest a cautious outlook from high-level management, which could influence investor confidence.

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