Applied Digital Corporation

NasdaqGS:APLD Stock Report

Market Cap: US$916.8m

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
17 Jan 25SellUS$177,000Richard NottenburgIndividual20,000US$8.85
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

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of APLD?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders22,708,75910.1%
Private Companies26,855,60412%
General Public35,722,14215.9%
Institutions139,431,20862%

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 83.1%.

Top Shareholders

Top 25 shareholders own 65.88% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
7.83%
Cummins Family Ltd
17,590,238US$71.8m0%no data
6.86%
BlackRock, Inc.
15,419,025US$62.9m69.1%no data
6.74%
Hood River Capital Management LLC
15,147,422US$61.8m10.7%1.14%
5.68%
The Vanguard Group, Inc.
12,760,035US$52.1m39.1%no data
4.12%
CIM APLD Lender Holdings, LLC
9,265,366US$37.8m0%no data
3.43%
GPU Ventures
7,716,050US$31.5m0%13.97%
2.92%
Oasis Management Company Ltd.
6,563,147US$26.8m-35.6%0.4%
2.8%
Chen Guo
6,290,608US$25.7m0%no data
2.57%
Jason Zhang
5,784,541US$23.6m-23.5%no data
2.5%
Millennium Management LLC
5,612,992US$22.9m-26.3%0.02%
2.4%
Daniel Asher
5,383,040US$22.0m0%no data
2.23%
Clearfield Capital Management LP
5,005,779US$20.4m-58.5%15.91%
2.1%
Geode Capital Management, LLC
4,726,495US$19.3m54.4%no data
1.96%
Van Eck Associates Corporation
4,404,313US$18.0m114%0.02%
1.84%
State Street Global Advisors, Inc.
4,124,457US$16.8m76.5%no data
1.34%
Wesley Cummins
3,008,837US$12.3m-22.4%no data
1.31%
Nomura Holdings Inc, Securities & Investment Arm
2,948,771US$12.0m-1.71%0.04%
1.13%
Pertento Partners LLP
2,528,717US$10.3m49%1.14%
1.03%
Morgan Stanley, Investment Banking and Brokerage Investments
2,318,327US$9.5m409%no data
0.97%
PlusTick Management LLC
2,185,000US$8.9m6.61%7.68%
0.92%
Think Investments LP
2,060,136US$8.4m27.3%1.02%
0.85%
Voya Investment Management LLC
1,911,526US$7.8m2.7%0.01%
0.8%
Charles Schwab Investment Management, Inc.
1,798,431US$7.3m0%no data
0.8%
Northern Trust Global Investments
1,793,700US$7.3m81.9%no data
0.76%
Tidal Investments LLC
1,697,850US$6.9m14,600%0.06%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/24 21:46
End of Day Share Price 2025/04/24 00:00
Earnings2025/02/28
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.

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. 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