Applied Digital Corporation

NasdaqGS:APLD Stock Report

Market Cap: US$11.3b

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
30 Apr 26SellUS$832,375Richard NottenburgIndividual25,000US$34.59
27 Apr 26SellUS$349,800Douglas MillerIndividual10,000US$34.98
29 Jan 26SellUS$1,773,719Charles HastingsIndividual45,987US$38.57
16 Jan 26SellUS$6,009,300Wesley CumminsIndividual165,000US$36.42
15 Jan 26SellUS$834,860Richard NottenburgIndividual23,606US$35.45
12 Jan 26SellUS$385,400Douglas MillerIndividual10,000US$38.54
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

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 Insiders5,050,4181.77%
Private Companies26,855,6049.4%
General Public61,926,61821.7%
Institutions191,936,89967.2%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 27%.

Top Shareholders

Top 25 shareholders own 62.64% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
8.07%
Hood River Capital Management LLC
23,075,612US$914.3m4.71%7.88%
7.19%
BlackRock, Inc.
20,545,806US$814.0m-0.76%0.01%
6.16%
Cummins Family Ltd
17,590,238US$696.9m0%no data
5.18%
Vanguard Portfolio Management, LLC
14,807,795US$586.7m0%0.03%
4.72%
Situational Awareness LP
13,478,438US$534.0m18.9%5.33%
3.77%
Vanguard Capital Management, LLC
10,775,681US$426.9m0%0.01%
3.24%
CIM APLD Lender Holdings, LLC
9,265,366US$367.1m0%no data
2.55%
The Goldman Sachs Group, Inc.
7,289,124US$288.8m640%0.08%
2.33%
Value Aligned Research Advisors, LLC
6,668,311US$264.2m18.2%2.04%
2.24%
Geode Capital Management, LLC
6,411,459US$254.0m2%0.01%
1.95%
Dba Trading, Llc
5,576,235US$220.9m0%74.87%
1.95%
State Street Global Advisors, Inc.
5,568,528US$220.6m2.54%0.01%
1.73%
UBS Asset Management AG
4,938,834US$195.7m18.4%0.01%
1.2%
BNP Paribas Financial Markets SNC
3,434,056US$136.1m322%0.08%
1.19%
D. E. Shaw & Co., L.P.
3,398,941US$134.7m-58.6%0.11%
1.18%
Marex Group plc
3,385,062US$134.1m-13.3%1.06%
1.14%
Bank of America Corporation
3,262,512US$129.3m-14.3%0.03%
1.09%
Mirae Asset Global Investments Co., Ltd.
3,115,491US$123.4m-24.4%0.07%
1.05%
T. Rowe Price Group, Inc.
3,014,140US$119.4m-35.5%0.01%
0.97%
Morgan Stanley
2,785,015US$110.3m-19.6%0.01%
0.88%
Wesley Cummins
2,502,400US$99.1m15%no data
0.76%
Charles Schwab Investment Management, Inc.
2,162,278US$85.7m-1.72%0.01%
0.74%
Northern Trust Global Investments
2,119,543US$84.0m2.94%0.01%
0.7%
Barclays PLC
2,012,365US$79.7m71.6%0.04%
0.64%
Van Eck Associates Corporation
1,818,589US$72.1m7.85%0.04%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/07 01:19
End of Day Share Price 2026/06/05 00:00
Earnings2026/02/28
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 16 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pierre-Marie D'OrnanoArete Research Services LLP
Andrew Charles BealeArete Research Services LLP
Nicholas GilesB. Riley Securities, Inc.