Applovin Corp’s recent filing unveils that its Chief Technology Officer Shikin Vasily unloaded Company’s shares for reported $4.23 million on Mar 10 ’25. In the deal valued at $241.65 per share,17,500 shares were sold. As a result of this transaction, Shikin Vasily now holds 88,389 shares worth roughly $24.08 million.
Then, Shikin Vasily sold 21,627 shares, generating $5,256,890 in total proceeds. Upon selling the shares at $243.07, the Chief Technology Officer now owns 88,389 shares.
Before that, Shikin Vasily sold 30,000 shares. Applovin Corp shares valued at $7,249,595 were divested by the Chief Technology Officer at a price of $241.65 per share. As a result of the transaction, Shikin Vasily now holds 3,462,891 shares, worth roughly $943.22 million.
FBN Securities initiated its Applovin Corp [APP] rating to an Outperform in a research note published on March 28, 2025; the price target was $385. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who began to cover the stock in early January with a ‘”a Buy”‘ rating. Piper Sandler began covering APP with “an Overweight” recommendation on November 20, 2024. Daiwa Securities revised its rating on November 08, 2024. It rated APP as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of APP
On Friday, Applovin Corp [NASDAQ:APP] saw its stock jump 4.08% to $272.38. Over the last five days, the stock has lost -13.26%. Applovin Corp shares have fallen nearly -15.89% since the year began. Nevertheless, the stocks have risen 283.15% over the past one year. While a 52-week high of $525.15 was reached on 02/13/25, a 52-week low of $60.67 was recorded on 03/10/25. SMA at 50 days reached $348.30, while 200 days put it at $217.34.
Levels Of Support And Resistance For APP Stock
The 24-hour chart illustrates a support level at 262.00, which if violated will result in even more drops to 251.61. On the upside, there is a resistance level at 284.84. A further resistance level may holdings at 297.29. The Relative Strength Index (RSI) on the 14-day chart is 41.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.94, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.64%. Stochastics %K at 44.57% indicates the stock is a holding.
How much short interest is there in Applovin Corp?
A steep rise in short interest was recorded in Applovin Corp stocks on 2025-03-14, growing by 0.65 million shares to a total of 13.04 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 12.39 million shares. There was a rise of 5.02%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 29, 2024 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating along with a $200 price target.
