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Director Herald Y. Chen of AppLovin Corp (NASDAQ:APP), a company that has delivered an impressive 408% return over the past year and maintains a perfect Piotroski Score of 9 according to InvestingPro, sold 49,556 shares of Class A Common Stock on August 15, 2025, in a series of transactions. The sales were executed at prices ranging from $426.03 to $440.54, resulting in a total transaction value of $21,716,633. The transaction occurred with the stock trading near its 52-week high of $525.15, with AppLovin now commanding a market capitalization of $148 billion.
Following the transactions, Chen’s indirectly held ownership in AppLovin Corp Class A Common Stock is 140,000 shares. Get deeper insights into APP’s insider transactions and 18 additional key metrics with InvestingPro’s comprehensive research reports.
In other recent news, AppLovin Corp reported impressive second-quarter 2025 financial results, with revenue reaching $1.259 billion, surpassing consensus estimates of $1.219 billion. The company’s adjusted EBITDA was $1.018 billion, exceeding analyst expectations of $996 million. Following these strong results, several analyst firms have adjusted their outlooks on AppLovin. Benchmark maintained its Buy rating with a $525 price target, while Piper Sandler raised its price target to $500 from $470, keeping an Overweight rating. JPMorgan also increased its price target to $425 from $400, maintaining a Neutral rating. Loop Capital reiterated its Buy rating and set a $650 price target, noting a significant year-over-year revenue growth of 77% and adjusted EBITDA growth of 95%. UBS maintained its Buy rating with a $540 price target and increased its fiscal year 2026 EBITDA estimate to $6.18 billion, citing positive gaming-related trends. These developments reflect a positive analyst sentiment following AppLovin’s robust performance.
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