Global Retirement Partners LLC Sells 19,987 Shares of Applied Digital Corporation $APLD

Global Retirement Partners LLC trimmed its holdings in shares of Applied Digital Corporation (NASDAQ:APLD) by 59.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,888 shares of the company’s stock after selling 19,987 shares during the period. Global Retirement Partners LLC’s holdings in Applied Digital were worth $319,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. BNP Paribas Financial Markets grew its holdings in shares of Applied Digital by 24,356.8% during the second quarter. BNP Paribas Financial Markets now owns 5,219,565 shares of the company’s stock worth $52,561,000 after purchasing an additional 5,198,223 shares during the last quarter. Situational Awareness LP lifted its position in Applied Digital by 63.3% during the 2nd quarter. Situational Awareness LP now owns 6,591,800 shares of the company’s stock worth $66,379,000 after buying an additional 2,556,200 shares in the last quarter. HRT Financial LP bought a new stake in Applied Digital during the 2nd quarter worth about $14,759,000. Voya Investment Management LLC grew its holdings in Applied Digital by 403.4% during the 3rd quarter. Voya Investment Management LLC now owns 1,464,909 shares of the company’s stock worth $33,605,000 after acquiring an additional 1,173,929 shares during the last quarter. Finally, Shellback Capital LP acquired a new stake in Applied Digital in the 2nd quarter valued at about $9,063,000. Institutional investors and hedge funds own 65.67% of the company’s stock.

Insider Activity

In related news, Director Rachel H. Lee sold 24,213 shares of Applied Digital stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $33.20, for a total transaction of $803,871.60. Following the transaction, the director owned 59,400 shares of the company’s stock, valued at $1,972,080. This trade represents a 28.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Chuck Hastings sold 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $35.69, for a total transaction of $1,784,500.00. Following the transaction, the director owned 451,612 shares of the company’s stock, valued at approximately $16,118,032.28. This represents a 9.97% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 328,035 shares of company stock valued at $11,376,479. Insiders own 9.50% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Roth Capital increased their price target on shares of Applied Digital to $58.00 and gave the company a “buy” rating in a research note on Thursday. Northland Securities reaffirmed an “outperform” rating and set a $40.00 price objective on shares of Applied Digital in a report on Tuesday, December 30th. Citigroup reissued an “outperform” rating on shares of Applied Digital in a research note on Tuesday, December 30th. Freedom Capital upgraded Applied Digital to a “strong-buy” rating in a research report on Tuesday, January 6th. Finally, B. Riley raised their price target on Applied Digital to $53.00 and gave the company a “buy” rating in a report on Friday. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $33.27.

Applied Digital Stock Performance

Shares of Applied Digital stock opened at $37.68 on Friday. The firm has a fifty day moving average of $27.33 and a two-hundred day moving average of $21.83. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.65 and a current ratio of 0.65. The stock has a market capitalization of $10.52 billion, a price-to-earnings ratio of -69.78 and a beta of 6.89. Applied Digital Corporation has a 52 week low of $3.31 and a 52 week high of $40.20.

Applied Digital (NASDAQ:APLD) last posted its quarterly earnings results on Wednesday, January 7th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.02). The company had revenue of $126.59 million during the quarter, compared to the consensus estimate of $82.22 million. Applied Digital had a negative return on equity of 17.52% and a negative net margin of 43.49%.The firm’s revenue for the quarter was up 250.1% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.06) earnings per share. As a group, equities research analysts predict that Applied Digital Corporation will post -0.96 EPS for the current year.

Trending Headlines about Applied Digital

Here are the key news stories impacting Applied Digital this week:

• Positive Sentiment: Company delivered a blowout Q2: revenue jumped ~250% YoY to ~$126.6M driven by Polaris Forge 1 ramp and HPC tenant fit-outs; management disclosed a large lease pipeline and multi-year contracts that underpin long-term growth. Applied Digital beats quarterly revenue estimates on AI data center demand, shares jump
• Positive Sentiment: Multiple bullish analyst moves: Arete Research initiated coverage with a Buy and $99 price target (large bullish signal), Freedom Capital initiated a Buy ($36 PT) and Needham reiterated Buy ($41 PT) — these upgrades and high targets amplify buying interest. Arete Research Initiates Applied Digital (APLD) with $99 PT, Buy Rating
• Positive Sentiment: Market commentary highlights accelerating momentum: analysts and outlets point to a growing backlog (reported ~$15B), plans to add ~900 MW of capacity, a goal of $1B NOI over coming years, and potential new hyperscaler customers — all supportive of higher future cash flows. Applied Digital Reignites Momentum After a Blowout Quarter
• Positive Sentiment: Press coverage flags an impending hyperscaler lease and continued AI demand as near-term catalysts that could drive additional revenue and give the stock more upside. Applied Digital Teases New AI Hyperscaler Customer in 2026. The Stock Rises.
• Neutral Sentiment: Detailed company disclosures and the full Q2 earnings/call transcript are available for investors evaluating execution, margin trends and cadence of lease signings. Review the transcript for operator commentary and guidance signals. Applied Digital Corporation (APLD) Q2 2026 Earnings Call Transcript
• Negative Sentiment: GAAP/profitability caveats: higher costs dragged reported EPS below consensus (company reported a loss per share vs. mixed adjusted metrics), with negative net margin and negative ROE on a GAAP basis — investors should watch margin recovery and cash flow conversion. Applied Digital’s Q2 Earnings Miss Estimates, Revenues Rise Y/Y

Applied Digital Company Profile

Applied Digital (NASDAQ: APLD) is a technology company specializing in the development and operation of large-scale digital infrastructure and sustainable Bitcoin mining solutions. Through its integrated platform, the company designs, builds and manages turnkey data center facilities while also providing comprehensive hosting services for cloud, colocation and enterprise computing needs. Applied Digital’s modular approach to facility design enables rapid deployment of capacity and streamlined integration of power, cooling and network connectivity.

In addition to its data center business, Applied Digital operates a network of Bitcoin mining sites that leverage vertically integrated capabilities, including hardware procurement, mining farm engineering, energy management and real-time performance monitoring.