Applied Digital Corporation (NASDAQ:APLD)’s traded shares stood at 45.29 million during the last session, with the company’s beta value hitting 5.88. At the close of trading, the stock’s price was $6.78, to imply an increase of 0.74% or $0.05 in intraday trading. The APLD share’s 52-week high remains $12.48, putting it -84.07% down since that peak but still an impressive 55.6% since price per share fell to its 52-week low of $3.01. The company has a valuation of $1.52B, with an average of 42.28 million shares in intraday trading volume over the past 10 days and average of 33.17 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Applied Digital Corporation (APLD), translating to a mean rating of 1.00. Of 5 analyst(s) looking at the stock, 0 analyst(s) give APLD a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 5 recommend it as a Buy.
Applied Digital Corporation (NASDAQ:APLD) trade information
After registering a 0.74% upside in the last session, Applied Digital Corporation (APLD) has traded red over the past five days. The 5-day price performance for the stock is 13.38%, and 68.24% over 30 days. With these gigs, the year-to-date price performance is -11.26%. Short interest in Applied Digital Corporation (NASDAQ:APLD) saw shorts transact 62.63 million shares and set a 1.79 days time to cover.
The extremes give us $7 and $10 for target low and target high price respectively. As such, APLD has been trading -47.49% off suggested target high and -3.24% from its likely low.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -65.58% for the past 5-year period. While 2025 is set for a 47.98% return in earnings, projections for the next 5 years are at 35.44% annually.
APLD Dividends
Applied Digital Corporation has its next earnings report out on 2025-Apr-13. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Applied Digital Corporation (NASDAQ:APLD)’s Major holders
Applied Digital Corporation insiders hold 18.80% of total outstanding shares, with institutional holders owning 67.38% of the shares at 82.98% float percentage. In total, 67.38% institutions holds shares in the company, led by HOOD RIVER CAPITAL MANAGEMENT LLC. As of 2024-06-30, the company held over 9.6 million shares (or 8.4132% of shares), all amounting to roughly $57.1 million.
The next major institution holding the largest number of shares is OASIS MANAGEMENT CO LTD. with 7.1 million shares, or about 6.2229% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $42.23 million.
We also have Manager Directed Portfolios-Hood River Small-Cap Growth Fund and iShares Trust-iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the Applied Digital Corporation (APLD) shares. Going by data provided on Apr 30, 2025 , Manager Directed Portfolios-Hood River Small-Cap Growth Fund holds roughly 11.84 shares. This is just over 5.27% of the total shares, with a market valuation of $80.25 million. Data from the same date shows that the other fund manager holds a little less at 5.23, or 2.33% of the shares, all valued at about 35.46 million.
