In last trading session, Digital Turbine Inc (NASDAQ:APPS) saw 3.03 million shares changing hands with its beta currently measuring 2.59. Company’s recent per share price level of $5.2 trading at $0.0 or 0.00% at ring of the bell on the day assigns it a market valuation of $556.31M. That closing price of APPS’s stock is at a discount of -49.42% from its 52-week high price of $7.77 and is indicating a premium of 77.31% 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 4.97 million shares which gives us an average trading volume of 5.88 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 2.67. 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
Digital Turbine Inc’s shares saw a change of 151.21% in year-to-date performance and have moved -3.70% in past 5-day. Digital Turbine Inc (NASDAQ:APPS) showed a performance of 8.11% in past 30-days. Number of shares sold short was 8.96 million shares which calculate 2.31 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 87.0% to its current value. 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 -669.23% in reaching the projected high whereas dropping to the targeted low would mean a loss of -669.23% for stock’s current value.
Digital Turbine Inc (NASDAQ:APPS)’s Major holders
Insiders are in possession of 5.68% of company’s total shares while institution are holding 61.54 percent of that, with stock having share float percentage of 65.24%. Investors also watch the number of corporate investors in a company very closely, which is 61.54% 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 8.1496 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 Mar 31, 2025 , the former fund manager was holding 3.07 shares of worth $15.98 million or 2.87% of the total outstanding shares. The later fund manager was in possession of 2.52 shares on May 31, 2025 , making its stake of worth around $13.11 million in the company or a holder of 2.36% of company’s stock.
