New insider activity at Applied Digital Corporation ( (APLD) ) has taken place on August 11, 2025.
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Director Richard Nottenburg has recently sold 11,250 shares of Applied Digital Corporation stock, amounting to a total value of $159,975.
Recent Updates on APLD stock
Applied Digital Corporation has experienced significant stock price movements in the last 24 hours, with shares rising by over 33%. This surge is largely attributed to the company’s recent earnings call, which highlighted substantial growth prospects through transformative lease agreements with CoreWeave, expected to generate $7 billion in revenue. The company’s revenue increased by 41% year-over-year, driven by expansion in their Data Center Hosting Business. However, challenges such as increased expenses and net losses were noted. Analysts have adjusted their price targets upwards, reflecting optimism about the company’s strategic expansion and promising future prospects, despite the complexities in lease negotiations and financial challenges.
Spark’s Take on APLD Stock
According to Spark, TipRanks’ AI Analyst, APLD is a Neutral.
Applied Digital Corporation’s overall stock score reflects significant financial challenges and valuation concerns, balanced by strong technical momentum and growth potential indicated in the recent earnings call. While the company shows promising expansion plans and revenue growth, it must address high leverage and cash flow issues to improve its financial health.
To see Spark’s full report on APLD stock, click here.
More about Applied Digital Corporation
YTD Price Performance: 82.05%
Average Trading Volume: 51,871,368
Technical Sentiment Signal: Buy
Current Market Cap: $3.71B