AppLovin director Billings sells $1.39 million in stock

Published 08/11/2025, 01:04
AppLovin director Billings sells $1.39 million in stock

Director Craig Scott Billings of AppLovin Corp (NASDAQ:APP) sold 2,350 shares of Class A Common Stock on November 7, 2025, for a total of $1,393,368. The sales were executed in multiple trades at prices ranging from $591.16 to $594.98. Since then, AppLovin shares have continued their upward trajectory, trading at $619.74 as of the latest close. The mobile app technology company, now valued at over $208 billion, has delivered an impressive 113.76% return over the past year.

Billings also acquired 2,350 shares of Class A Common Stock through the exercise of stock options at a price of $25.55 per share, for a total value of $60,042. This represents a significant discount to current market prices, reflecting AppLovin’s strong performance. According to InvestingPro, the company boasts a perfect Piotroski Score of 9, indicating excellent financial strength, though it currently appears overvalued based on Fair Value assessments.

Following these transactions, Billings directly owns 3,707 shares of AppLovin Corp. The stock has shown considerable volatility with a beta of 2.5, while maintaining strong financial health with a current ratio of 3.25. InvestingPro has identified multiple additional insights about AppLovin, available in the comprehensive Pro Research Report—part of the in-depth analysis available for over 1,400 US equities that transforms complex Wall Street data into actionable intelligence.

In other recent news, AppLovin Corp’s third-quarter 2025 results showed significant financial growth, with revenue increasing by 68% year-over-year to $1.405 billion, surpassing consensus estimates by 4.7%. The company’s adjusted EBITDA rose 79% year-over-year to $1.158 billion, achieving a record 82% margin and beating consensus by 6.0%. Following these results, several analyst firms have raised their price targets for AppLovin. Benchmark increased its price target to $700, while RBC Capital raised it further to $750, citing strong performance in AppLovin’s gaming business. Piper Sandler also raised its target to $800, highlighting a mid-single-digit revenue beat and strong forward guidance projecting substantial growth. UBS set an even higher price target at $840, noting potential upside in gaming estimates and better-than-expected EBITDA margins. Additionally, Needham maintained a Hold rating, acknowledging improvements in AppLovin’s advertising model that boosted core mobile gaming advertising revenue. These developments reflect a period of robust financial performance and positive outlooks from analysts.

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