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appLovin insider sales and institutional investments reflect market dynamics

AppLovin insiders sold 888,867 shares valued at $284.77 million in the last ninety days, with company ownership at 14.69%. Institutional investors hold 41.85% of the stock, and analysts have raised price targets, with UBS Group setting it at $440.00. The company reported a 38.6% revenue increase year-over-year, achieving $1.20 billion in the last quarter.

appLovin insider sales and institutional investments highlight market activity

AppLovin's CTO sold shares at an average price of $319.37, totaling approximately $189.57 million, reducing their ownership by 13.15%. Insiders have sold 888,867 shares worth $284.77 million in the last 90 days, while institutional investors hold 41.85% of the stock. UBS Group raised its price target for AppLovin to $440, indicating a potential upside of 23.39%.
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