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flag AppLovin beat earnings estimates with 77% revenue growth, but insiders sold $514M in stock.

flag AppLovin (APP) reported second-quarter earnings of $2.26 per share, beating estimates by $0.21, with revenue up 77.1% year-over-year to $1.26 billion. flag The company’s stock, valued at $213.72 billion, has a P/E ratio of 89.75 and a beta of 2.53, reflecting high volatility. flag Despite strong results, insider sales totaled over $514 million in the past 90 days, including significant trades by CEO Arash Adam Foroughi and CTO Vasily Shikin. flag Institutional ownership remains at 41.85%, with new positions from SteelPeak Wealth LLC and Lattice Capital Management LLC. flag Analysts maintain a “Moderate Buy” consensus with a target price of $579.81, though some firms have raised targets to $810. flag AppLovin operates globally through its Software Platform and Apps segments, offering tools for app marketing, monetization, and connected TV advertising.

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