Applied Digital Corporation (NASDAQ: APLD) is 52.37% higher on its value in year-to-date trading and has touched a low of $3.01 and a high of $15.42 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The APLD stock was last observed hovering at around $10.45 in the last trading session, with the day’s loss setting it -0.79%.
Currently trading at $9.66, the stock is -12.19% and 15.09% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 31.05 million and changing -7.56% at the moment leaves the stock 23.03% off its SMA200. APLD registered 26.44% gain for a year compared to 6-month gain of 26.44%. The firm has a 50-day simple moving average (SMA 50) of $8.3932 and a 200-day simple moving average (SMA200) of $7.8517.
The stock witnessed a -27.09% loss in the last 1 month and extending the period to 3 months gives it a 70.67%, and is -6.94% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.07% over the week and 9.19% over the month.
Applied Digital Corporation (APLD) has around 150 employees, a market worth around $2.17B and $221.19M in sales. Profit margin for the company is -110.54%. Distance from 52-week low is 220.93% and -37.35% from its 52-week high. The company has generated returns on investments over the last 12 months (-18.61%).
with sales reaching $42.86M over the same period.The EPS is expected to grow by 30.11% this year, but quarterly earnings will post 33.09% year-over-year. Quarterly sales are estimated to shrink -1.92% in year-over-year returns.
Applied Digital Corporation (APLD) Top Institutional Holders
325.0 institutions hold shares in Applied Digital Corporation (APLD), with institutional investors hold 85.28% of the company’s shares. The shares outstanding are 224.39M, and float is at 173.66M with Short Float at 37.92%. Institutions hold 66.40% of the Float.
The top institutional shareholder in the company is HOOD RIVER CAPITAL MANAGEMENT LLC with over 9.6 million shares valued at $57.1 million. The investor’s holdings represent 8.4132% of the APLD Shares outstanding. As of 2024-06-30, the second largest holder is OASIS MANAGEMENT CO LTD. with 7.1 million shares valued at $42.23 million to account for 6.2229 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 6.71 million shares representing 5.8807% and valued at over $39.91 million, while BLACKROCK INC. holds 5.5699 of the shares totaling 6.35 million with a market value of $37.8 million.
Applied Digital Corporation (APLD) Insider Activity
Applied Digital Corporation disclosed in a document filed with the SEC on May 21 ’25 that Lee Rachel H. (Director) sold a total of 24,212 shares of the company’s common stock. The trade occurred on May 21 ’25 and was made at $7.00 per share for $0.17 million. Following the transaction, the insider now directly holds 83613.0 shares of the APLD stock.
