Applied Digital Corporation

NasdaqGS:APLD Stock Report

Market Cap: US$8.0b

Applied Digital Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGS:APLD Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
28 Nov 25SellUS$215,840Douglas MillerIndividual8,000US$26.98
31 Oct 25SellUS$510,656Richard NottenburgIndividual14,375US$35.91
31 Oct 25SellUS$2,641,250Charles HastingsIndividual75,000US$35.69
29 Oct 25SellUS$1,502,686Ella BensonIndividual42,569US$35.30
28 Oct 25SellUS$4,775,734Mohammad Saidal MohmandIndividual137,503US$36.47
24 Oct 25SellUS$803,872Rachel LeeIndividual24,213US$33.20
24 Oct 25SellUS$1,142,281Richard NottenburgIndividual34,375US$33.23
03 Sep 25SellUS$1,144,500Mohammad Saidal MohmandIndividual75,000US$15.26
03 Sep 25SellUS$305,200Richard NottenburgIndividual20,000US$15.26
03 Sep 25SellUS$6,104,000Wesley CumminsIndividual400,000US$15.26
12 Aug 25SellUS$441,900Charles HastingsIndividual30,000US$14.73
08 Aug 25SellUS$159,975Richard NottenburgIndividual11,250US$14.22
07 Aug 25SellUS$150,000Douglas MillerIndividual10,000US$15.00
04 Aug 25SellUS$171,075Richard NottenburgIndividual13,686US$12.50
04 Aug 25SellUS$1,333,000Charles HastingsIndividual100,000US$13.33
04 Aug 25SellUS$136,300Douglas MillerIndividual10,000US$13.63
17 Jan 25SellUS$177,000Richard NottenburgIndividual20,000US$8.85

Insider Trading Volume

Insider Buying: APLD insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of APLD?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders17,381,4816.09%
Private Companies26,855,6049.4%
General Public70,711,67324.8%
Institutions170,648,08359.8%

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 35.2%.

Top Shareholders

Top 25 shareholders own 61.29% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
7.37%
Hood River Capital Management LLC
21,046,654US$590.4m-3.72%6.56%
6.48%
BlackRock, Inc.
18,509,611US$519.2m25.5%0.01%
6.21%
The Vanguard Group, Inc.
17,722,174US$497.1m23.2%0.01%
6.16%
Cummins Family Ltd
17,590,238US$493.4m0%no data
3.82%
D. E. Shaw & Co., L.P.
10,905,830US$305.9m0%0.27%
3.24%
CIM APLD Lender Holdings, LLC
9,265,366US$259.9m0%no data
2.7%
GPU Ventures
7,716,050US$216.4m0%9.05%
2.2%
Chen Guo
6,290,608US$176.5m0%no data
2.16%
T. Rowe Price Group, Inc.
6,159,461US$172.8m4,720%0.01%
2.12%
Situational Awareness LP
6,064,155US$170.1m-8%8.79%
2.09%
Geode Capital Management, LLC
5,981,592US$167.8m19.5%0.01%
2%
Jane Street Group, LLC
5,698,132US$159.8m-24.9%0.32%
1.88%
Daniel Asher
5,383,040US$151.0m0%no data
1.7%
State Street Global Advisors, Inc.
4,848,822US$136.0m17.8%no data
1.64%
BNP Paribas Financial Markets SNC
4,685,538US$131.4m-10.2%0.1%
1.39%
Citadel Advisors LLC
3,971,115US$111.4m18%0.09%
1.12%
Mirae Asset Global Investments Co., Ltd.
3,199,135US$89.7m20.2%0.06%
1.11%
Renaissance Technologies LLC
3,178,300US$89.2m101%0.12%
1.06%
Two Sigma Investments, LP
3,031,154US$85.0m0%0.14%
0.99%
Wesley Cummins
2,841,329US$79.7m6.84%no data
0.91%
UBS Asset Management AG
2,586,193US$72.5m466%0.01%
0.87%
Morgan Stanley
2,476,124US$69.5m-35.5%0.01%
0.74%
Charles Schwab Investment Management, Inc.
2,100,308US$58.9m12.6%0.01%
0.7%
Northern Trust Global Investments
1,989,477US$55.8m19.8%0.01%
0.63%
Wells Fargo & Company
1,811,950US$50.8m919%0.01%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/03 02:41
End of Day Share Price 2025/12/03 00:00
Earnings2025/08/31
Annual Earnings2025/05/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Applied Digital Corporation is covered by 11 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nicholas GilesB. Riley Securities, Inc.
Gregory MillerCitizens JMP Securities, LLC
Joseph FlynnCompass Point Research & Trading, LLC