Applovin Stock Soars 3.04% Despite Insider Selling

On May 29, 2025, Applovin's stock rose by 3.04% in pre-market trading, reflecting a positive sentiment among investors.

Applovin recently disclosed 29 instances of insider trading, with high-level executive Shikin Vasily selling 9,629 shares on May 23, 2025. This significant sale by a key insider could be interpreted as a bearish signal, potentially influencing investor confidence and stock performance.

Analysts have expressed mixed sentiments regarding Applovin's future prospects. Needham analyst Bernie McTernan reiterated a Hold rating, highlighting the company's Axon 2 tool as a key driver for future growth. Axon 2, an ad optimizer within the DSP, allows advertisers to place ads based on specified return thresholds. McTernan noted that the number of websites using Axon grew by 3% to 323, indicating modest growth. However, the analyst also pointed out that the company's valuation has become one of the most expensive within its coverage group, driven by high expectations for further monetization of its advertising platform.

Several other analysts have also adjusted their ratings and price targets for Applovin. For instance, Eric Sheridan from Goldman Sachs raised his price target to $435.00 from $335.00, while John Hodulik from UBS increased his target to $475.00 from $450.00. Conversely, Martin Yang from Oppenheimer lowered his target to $500.00 from $560.00. These adjustments reflect the dynamic nature of market conditions and the varying perspectives of financial experts on Applovin's potential.