Applied Digital Corporation

NasdaqGS:APLD Stock Report

Market Cap: US$1.8b

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
27 Nov 24SellUS$460,000Richard NottenburgIndividual50,000US$9.20
27 Nov 24SellUS$1,840,000Wesley CumminsIndividual200,000US$9.20
07 Nov 24SellUS$145,368Richard NottenburgIndividual19,369US$7.51
17 Oct 24SellUS$80,130Douglas MillerIndividual10,000US$8.01
17 Oct 24SellUS$240,300Richard NottenburgIndividual30,000US$8.01
14 Oct 24SellUS$589,440Richard NottenburgIndividual80,000US$7.37
05 Sep 24SellUS$55,000Douglas MillerIndividual10,000US$5.50
01 May 24BuyUS$5,561,557Oasis Management Company Ltd.Company1,872,578US$2.97
29 Feb 24SellUS$8,525,453Jason ZhangIndividual1,898,333US$4.84
20 Feb 24SellUS$142,200Virginia MooreIndividual30,000US$4.74

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
Hedge Funds12,061,8645.71%
Individual Insiders23,475,21311.1%
Private Companies26,855,60412.7%
General Public30,716,31214.5%
Institutions118,136,61455.9%

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 90.8%.

Top Shareholders

Top 25 shareholders own 72.42% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
8.33%
Cummins Family Ltd
17,590,238US$147.6m0%no data
6.48%
Hood River Capital Management LLC
13,682,568US$114.8m42.6%1.76%
5.71%
Clearfield Capital Management LP
12,061,864US$101.2m171%64.98%
4.82%
Oasis Management Company Ltd.
10,184,310US$85.4m43.5%1.52%
4.39%
CIM APLD Lender Holdings, LLC
9,265,366US$77.7m0%no data
4.34%
The Vanguard Group, Inc.
9,172,416US$77.0m36.8%no data
4.32%
BlackRock, Inc.
9,118,114US$76.5m43.5%no data
3.65%
GPU Ventures
7,716,050US$64.7m0%13.55%
3.6%
Millennium Management LLC
7,610,419US$63.9m696%0.05%
3%
Diameter Capital Partners LP
6,327,161US$53.1m0%16.39%
2.98%
Chen Guo
6,290,608US$52.8m-1.25%no data
2.74%
Jason Zhang
5,784,541US$48.5m-23.5%no data
2.55%
Daniel Asher
5,383,040US$45.2m0%no data
2.36%
Paloma Partners Management Company
4,982,741US$41.8m0%2.49%
1.83%
Wesley Cummins
3,875,955US$32.5m-2.24%no data
1.45%
Geode Capital Management, LLC
3,061,160US$25.7m48.7%no data
1.42%
Nomura Holdings Inc, Securities & Investment Arm
2,999,996US$25.2m0%0.09%
1.31%
Nokomis Capital, L.L.C.
2,776,979US$23.3m-50.5%11.0%
1.2%
Citadel Advisors LLC
2,541,544US$21.3m0%0.02%
1.12%
Mirae Asset Global Investments Co., Ltd.
2,374,164US$19.9m28.3%0.02%
1.11%
State Street Global Advisors, Inc.
2,337,267US$19.6m14%no data
0.98%
Van Eck Associates Corporation
2,059,741US$17.3m-28.2%0.02%
0.97%
PlusTick Management LLC
2,049,589US$17.2m8.73%9.64%
0.9%
Bank of America Corporation, Asset Management Arm
1,894,133US$15.9m1,770%no data
0.88%
Moore Capital Management, LP
1,851,852US$15.5m0%0.48%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 16:10
End of Day Share Price 2024/12/27 00:00
Earnings2024/08/31
Annual Earnings2024/05/31

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 here.

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 .

Analyst Sources

Applied Digital Corporation is covered by 10 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lucas PipesB. Riley Securities, Inc.
Brett KnoblauchCantor Fitzgerald & Co.
Caydee BlankenshipCFRA Equity Research