Rep. Gilbert Cisneros (D-CA) Buys AppLovin (APP) Stock
Representative Gilbert Cisneros made a stock purchase in AppLovin valued between $1,001 and $15,000, with shares trading at $496.94.
Reviewed by automated data checks against the source filing. How we make and check alerts
Rep. Gilbert Cisneros (D-CA) bought between $1,001 and $15,000 of AppLovin Corporation ($APP) stock on May 15, 2026. The trade was disclosed in a STOCK Act periodic transaction report filed June 9, 2026.
Since the trade, $APP is down 3.9% after 1 week, up 4.0% after 1 month and down 46.9% to date (from the $501 close on May 15, 2026).
Financial Disclosure Report
Clerk of the House of Representatives • Legislative Resource Center • B81 Cannon Building • Washington, DC 20515
Filer Information
- Name:
- Rep. Gilbert Cisneros (D-CA)
- Status:
- Member — House
- State/District:
- CA-31
- Party:
- democrat
Filing Information
- Filing Type:
- Periodic Transaction Report
- Filing Year:
- 2026
- Filing Date:
- Jun 9, 2026
Schedule B: Transactions
| Asset | Transaction | Date | Amount |
|---|---|---|---|
| AppLovin Corporation ($APP) | Buy | May 15, 2026 | $1,001 - $15,000 |
Summary of the filed report, not the original document. Find the original: House financial disclosure search
APP
AppLovin Corporation
Key Points
- Rep. Gilbert Cisneros, a Democrat from California's 31st district, bought shares of AppLovin Corporation valued between $1,001 and $15,000 on May 15, 2026.
- AppLovin reported total revenue of $6.83 billion in its last earnings report, showing a revenue growth of 52.8% year over year.
- The stock currently has a P/E ratio of 21.5, reflecting its potential for future growth as analysts maintain a consensus buy rating.
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Gilbert Cisneros Makes a Move on AppLovin
Rep. Gilbert Cisneros, a Democrat from California's 31st district, bought shares of AppLovin Corporation (NasdaqGS: APP) valued between $1,001 and $15,000 on May 15, 2026. This trade was disclosed on June 9, 2026, and came at a time when shares were priced at $496.94.
Cisneros's purchase adds to his previous investment in AppLovin, which he first entered on September 18, 2026, when he bought shares similarly valued. The recent buy suggests continued confidence in the company's performance as it operates in the growing advertising tech sector.
Gilbert Cisneros vs. the S&P 500
Hypothetical returns from Gilbert Cisneros's disclosed trades, not real profit or advice. How we model this.
Institutional Interest in AppLovin
While there are no recent transactions reported from other institutional investors, it is worth noting that AppLovin has seen significant activity from various funds in previous months. Notably, TD Asset Management increased its stake by 24.4% just before Cisneros's latest purchase. These movements reflect ongoing interest from larger investors in this advertising technology firm.
AppLovin Stock Performance
AppLovin shares are currently trading at $496.94, significantly above its 52-week low of $260.99. The stock's price has been fluctuating, with a high of $738.01 in the past year. This positions AppLovin as a strong player in the advertising technology industry, appealing to both analysts and investors alike.
Recent Earnings
AppLovin reported revenue of $6.83 billion, marking a robust revenue growth of 52.8% year over year. Its net margin stood at around 64.6%, indicating strong profitability. The next earnings report is scheduled for November 4, 2026, which will provide further insights into its financial health and business performance.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
4 target raises vs 1 cuts.
-
EPS & revenue
EPS beat estimates by 3.6%. Revenue beat estimates by 3.3%.
-
Profit surprise
EBITDA met by 1 percent. Operating income beat by 7 percent.
-
Pre-earnings setup
Bar was high, analysts already very bullish.
-
Analyst signal
4 target raises, 1 target cut.
-
Earnings quality
Gross margin up 2.0 points. Operating margin up 5.7 points. Positive free cash flow.
Earnings Call Summary
AppLovin delivered 1.84 billion dollars in revenue, up 59 percent year over year, and beat guidance again. The gaming business remains strong while the consumer vertical is growing faster, with March spending 25 percent higher than January and April setting a record month. Management is excited about opening the platform to the public in June and seeing new game developers adopt ad monetization alongside in-app purchases.
Guidance AppLovin guided for 1.915 to 1.945 billion dollars in second-quarter revenue, up 52 to 55 percent year over year. They expect adjusted EBITDA margin around 84 to 85 percent. Management said the consumer vertical is accelerating fast and the June platform launch to the public will unlock much larger growth.
Solid report. Results were generally better than expected, but the forward outlook did not materially change.
Insider Buying and Selling at AppLovin Corporation
Eduardo Vivas, an insider at AppLovin, sold 163,910 shares on June 16, 2026, at an average price of $504.06, totaling approximately $82.6 million. This transaction was planned and does not imply negative sentiment toward the company.
Analysts Set New Price Targets
Analysts have maintained a generally positive outlook on AppLovin. On October 14, 2026, Goldman Sachs kept a Neutral rating but adjusted its price target down to $400 from $465. Similarly, Wedbush maintained its Outperform rating with a new target of $560, down from $610. The average target among analysts is $480.08, showing continued confidence despite some downward adjustments.
About AppLovin
AppLovin Corporation offers advertising solutions powered by artificial intelligence, helping businesses optimize their marketing strategies. With its headquarters in Palo Alto, California, the company serves a range of clients from small businesses to large enterprises, making it a significant player in the advertising technology landscape.
What to Watch at AppLovin Corporation
Investors will be looking for updates from AppLovin's next earnings report set for November 4, 2026. The disclosures from political figures like Cisneros remind us of the ongoing interest in the company's potential for growth. As always, 13F filings reflect past positions and may not indicate current holdings.
Related Filing Alerts
Source: Gilbert Cisneros's STOCK Act disclosure on $APP (May 15, 2026). Find the original filing: House financial disclosure search. Written by software, not financial advice. How we make alerts