Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Applovin Corp shares valued at $149,842,864 were sold by Chen Herald Y on May 14 ’25. At $374.61 per share, Chen Herald Y sold 400,000 shares. The insider’s holdings dropped to 221,209 shares worth approximately $81.1 million following the completion of this transaction.
Also, Chen Herald Y sold 171,420 shares, netting a total of over 64,071,269 in proceeds. Following the sale of shares at $373.77 each, the insider now holds 0 shares.
Before that, Chen Herald Y had sold 200,000 shares from its account. In a trade valued at $74,530,291, the Director traded Applovin Corp shares for $372.65 each. Upon closing the transaction, the insider’s holdings decreased to 200,000 shares, worth approximately $81.1 million.
As published in a research note from Morgan Stanley on April 10, 2025, Applovin Corp [APP] has been rated up from an Equal-weight to an Overweight and the price target has been revised to $350. Analysts at FBN Securities started covering the stock with ‘”an Outperform”‘ outlook in a report released in late March. As of January 10, 2025, The Benchmark Company has initiated its “Buy” rating for APP. Earlier on November 20, 2024, Piper Sandler initiated its rating. Their recommendation was “an Overweight” for APP stock.
Analyzing APP Stock Performance
During the last five days, there has been a surge of approximately 7.98%. Over the course of the year, Applovin Corp shares have jumped approximately 13.21%. Shares of the company reached a 52-week high of $525.15 on 02/13/25 and a 52-week low of $200.50 on 04/07/25. A 50-day SMA is recorded $283.44, while a 200-day SMA reached $250.21.
Support And Resistance Levels for Applovin Corp (APP)
According to the 24-hour chart, there is a support level at 359.29, which, if violated, would cause prices to drop to 351.97. In the upper region, resistance lies at 376.08. The next price resistance is at 385.55. RSI (Relative Strength Index) is 66.09 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 51.84, which suggests the price will increase in the coming days. Percent R is at 10.46%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
