Rep. Gilbert Ray Cisneros Jr. (D-CA) Buys AppLovin (APP) Stock
Rep. Gilbert Ray Cisneros Jr. made a stock purchase in AppLovin valued between $1,001 and $15,000.
Reviewed by automated data checks against the source filing. How we make and check alerts
Rep. Gilbert Ray Cisneros Jr. (D-CA) bought between $1,001 and $15,000 of AppLovin Corporation ($APP) stock on September 18, 2026. The trade was disclosed in a STOCK Act periodic transaction report filed October 12, 2026.
Since the trade, $APP is up 0.9% after 1 week and down 13.6% to date (from the $308.06 close on Sep 18, 2026).
Financial Disclosure Report
Clerk of the House of Representatives • Legislative Resource Center • B81 Cannon Building • Washington, DC 20515
Filer Information
- Name:
- Rep. Gilbert Ray Cisneros Jr. (D)
- Status:
- Member — House
- Party:
- Democrat
Filing Information
- Filing Type:
- Periodic Transaction Report
- Filing Year:
- 2026
- Filing Date:
- Oct 12, 2026
Schedule B: Transactions
| Asset | Transaction | Date | Amount |
|---|---|---|---|
| AppLovin Corporation ($APP) | Buy | Sep 18, 2026 | $1,001 - $15,000 |
Summary of the filed report, not the original document. View the original: STOCK Act disclosure (House Clerk)
APP
AppLovin Corporation
Key Points
- On September 18, 2026, Rep. Gilbert Ray Cisneros Jr. bought shares of AppLovin Corporation valued between $1,001 and $15,000.
- As of October 16, 2026, AppLovin shares traded recently around $265.98, significantly lower than the 52-week high of $738.01.
- The company has a market cap of about $93.8 billion and is set to report earnings on November 4, 2026.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated AppLovin Corporation alert may contain errors. Disclosures
Rep. Gilbert Ray Cisneros Jr., a Democrat from California's 31st district, purchased shares of AppLovin Corporation (NasdaqGS: APP) on September 18, 2026. The transaction was valued between $1,001 and $15,000 and was disclosed on October 12, 2026.
Gilbert Ray Cisneros Jr. vs. the S&P 500
Hypothetical returns from Gilbert Ray Cisneros Jr.'s disclosed trades, not real profit or advice. How we model this.
What Changed in Gilbert Ray Cisneros Jr.'s AppLovin Position
Cisneros's recent buy adds to his investment in AppLovin, a company that specializes in advertising solutions powered by artificial intelligence.
Other Institutional Activity in AppLovin
Several institutional investors have been active in AppLovin recently. Blackrock Inc. grew its holdings by 399,534 shares, bringing its total to about 24.0 million shares valued at approximately $6.4 billion. Vanguard Capital Management LLC added 993,370 shares, increasing its stake to about 17.7 million shares worth around $4.7 billion. FMR, LLC increased its position by 1.6 million shares, totaling about 17.3 million shares valued at about $4.6 billion. State Street Corporation added 334,201 shares, ending with about 12.1 million shares worth approximately $3.2 billion. Invesco Ltd. also increased its holdings by 386,516 shares, reaching about 10.9 million shares valued at around $2.9 billion.
AppLovin Corporation Stock Up 1.6%
AppLovin shares were trading recently around $265.98 as of October 16, 2026. This price is significantly below its 52-week high of $738.01 and also below its 50-day moving average of $309.84. The stock is currently above its 52-week low of $260.99, indicating some stability despite recent declines.
Recent Earnings
AppLovin reported trailing twelve-month revenue of approximately $6.8 billion and an EPS of $13.01. The company has seen a revenue growth of 52.8% year-over-year. It is scheduled to announce its next earnings on November 4, 2026.
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
Recent insider activity at AppLovin includes several sales by CEO Arash Adam Foroughi. On June 12, 2026, he sold 52,165 shares valued at about $25.3 million and another 22,544 shares worth approximately $11.2 million. Director Eduardo Vivas sold 163,910 shares valued at around $82.6 million on June 16, 2026. Maynard George Webb Jr., another director, sold 3,076 shares worth about $1.6 million on July 6, 2026.
Analysts Set New Price Targets
On September 8, 2026, BTIG maintained a Buy rating on AppLovin with a target price of $396. On September 14, 2026, Morgan Stanley also maintained its Overweight rating but lowered its target to $450. Following Cisneros's purchase, Needham reiterated a Buy rating with a target of $475 on October 6, 2026. Jefferies maintained a Buy rating with a target of $375 on October 8, 2026. Most recently, Oppenheimer maintained an Outperform rating with a target of $490 on October 12, 2026. The consensus among analysts is generally positive, with a mean price target of approximately $480 and 31 analyst opinions.
About AppLovin Corporation
AppLovin Corporation, headquartered in Palo Alto, California, provides advertising solutions powered by artificial intelligence. The company operates in two segments: Advertising and Apps, serving businesses both in the U.S. and internationally. Its innovative approach to advertising technology has positioned it as a significant player in the communications services sector.
Bottom Line
Investors will be watching for AppLovin's upcoming earnings report on November 4, 2026, as well as any further disclosures from Rep. Cisneros regarding his investments. This recent purchase reflects ongoing interest in the tech sector, especially in high-growth areas like digital advertising.
Related Filing Alerts
Source: Gilbert Ray Cisneros Jr.'s STOCK Act disclosure on $APP (Sep 18, 2026). Read the original filing: STOCK Act disclosure (House Clerk). Written by software, not financial advice. How we make alerts