AppLovin’s former president and CFO, Herald Y Chen, sold 100,000 shares (or $41,990,390) of $APP. https://www.sec.gov/Archives/edgar/data/1348636/000195004725003950/xsl144X01/primary_doc.xml
The current CFO, Matt Stumpf, sold 9,714 shares for $4,022,955.96. https://www.sec.gov/Archives/edgar/data/1751008/000195004725003976/xsl144X01/primary_doc.xml
Luffy
This doesn’t necessarily mean anything of significance to the company; oftentimes insiders sell shares for various reasons that have nothing to do with the health of the company.
Thank you Speedy. Same comment I was going to make. Insider buys are something that should be considered. There’s usually no other explanation other than these insiders see the stock of their company as a very good investment. Note, “usually” means just that, most of the time. Occasionally, there are other factors.
OTOH, insider selling can be motivated by a host of reasons which have nothing to do with the future promise of the stock. However, if several insiders are selling large blocks of stock, it might be indicative of some problems that will soon become public.