In recent trading session, Digital Turbine Inc (NASDAQ:APPS) saw 0.69 million shares changing hands at last check today with its beta currently measuring 2.44. Company’s recent per share price level of $2.75 trading at -$0.21 or -7.10% at last check today assigns it a market valuation of $288.76M. That most recent trading price of APPS’s stock is at a discount of -149.45% from its 52-week high price of $6.86 and is indicating a premium of 57.09% from its 52-week low price of $1.18. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.3 million shares which gives us an average trading volume of 6.89 million if we extend that period to 3-months.
For Digital Turbine Inc (APPS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.50. Splitting up the data highlights that, out of 8 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Digital Turbine Inc (NASDAQ:APPS) trade information
Upright in the red during last session for losing -7.10%, in the last five days APPS remained trading in the red while hitting it’s week-highest on Friday, 03/28/25 when the stock touched $2.75 price level, adding 9.84% to its value on the day. Digital Turbine Inc’s shares saw a change of 62.72% in year-to-date performance and have moved -10.86% in past 5-day. Digital Turbine Inc (NASDAQ:APPS) showed a performance of -23.19% in past 30-days. Number of shares sold short was 5.5 million shares which calculate 0.99 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 40 to the stock, which implies a rise of 93.12% to its recent value today. Analysts have been projecting 40 as a low price target for the stock while placing it at a high target of 40. It follows that stock’s current price would drop -1354.55% in reaching the projected high whereas dropping to the targeted low would mean a loss of -1354.55% for stock’s current value.
Digital Turbine Inc (NASDAQ:APPS)’s Major holders
Insiders are in possession of 5.70% of company’s total shares while institution are holding 52.25 percent of that, with stock having share float percentage of 55.41%. Investors also watch the number of corporate investors in a company very closely, which is 52.25% institutions for Digital Turbine Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at APPS for having 8.34 million shares of worth $13.85 million. And as of 2024-06-30, it was holding 8.2643 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 6.73 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.5771 of outstanding shares, having a total worth of $11.18 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024, the former fund manager was holding 3.07 shares of worth $8.23 million or 2.93% of the total outstanding shares. The later fund manager was in possession of 2.58 shares on Feb 28, 2025, making its stake of worth around $6.92 million in the company or a holder of 2.46% of company’s stock.
