15 Stocks With The Most Insider Sales In The Last Quarter

9. AppLovin Corporation (NASDAQ:APP)

Number of Insiders Selling: 12

Market Capitalization: $95.21 billion

AppLovin Corporation develops a software platform that helps advertisers enhance marketing and monetize content globally. Headquartered in Palo Alto, California, the company operates through two segments: Advertising and Apps. AppLovin is one of the 10 AI stocks turning heads on Wall Street.

For the full year of 2024, AppLovin reported revenue of $4.71 billion, which compares to revenue of $3.28 billion in 2023. Advertising revenue accounted for $3.22 billion, up 75% from $1.84 billion in the previous year. Net income amounted to $1.58 billion, compared to $356.71 million, representing a 343% increase year-over-year.

In November and December, 12 insiders, including the company’s CEO, sold a total of $456.35 million worth of AppLovin shares at an average price of $340.12 per share. Currently, the stock trades at $293.32 per share, having risen 9.42% since the beginning of the year, and 333.64% over the past 12 months.

Twenty analysts have given an average “Buy” rating to AppLovin stock with a 12-month price target of $398.50 per share, according to StockAnalysis.