Digital Turbine, Inc. (NASDAQ:APPS – Get Free Report) was the recipient of some unusual options trading activity on Wednesday. Investors acquired 7,194 call options on the company. This is an increase of 142% compared to the typical volume of 2,968 call options.
Digital Turbine Stock Down 5.1%
APPS opened at $4.69 on Thursday. Digital Turbine has a 52 week low of $2.11 and a 52 week high of $8.28. The business has a 50 day moving average price of $5.08 and a two-hundred day moving average price of $5.25. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 2.66. The company has a market cap of $525.98 million, a PE ratio of -9.77, a P/E/G ratio of 1.46 and a beta of 2.26.
Digital Turbine (NASDAQ:APPS – Get Free Report) last announced its earnings results on Tuesday, February 3rd. The software maker reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.02. Digital Turbine had a positive return on equity of 22.78% and a negative net margin of 8.93%.The company had revenue of $151.40 million for the quarter, compared to the consensus estimate of $145.72 million. As a group, research analysts anticipate that Digital Turbine will post -0.03 EPS for the current year.
Wall Street Analyst Weigh In
Read Our Latest Report on Digital Turbine
Trending Headlines about Digital Turbine
Here are the key news stories impacting Digital Turbine this week:
- Positive Sentiment: Q3 results beat estimates — EPS $0.18 vs. $0.16 expected and revenue $151.4M vs. $145.7M consensus; non-GAAP adjusted EBITDA rose 76%, signaling margin improvement. Q3 Press Release
- Positive Sentiment: Company raised FY2026 revenue guidance to $553M–$558M versus street ~$548.2M, suggesting management sees continued top-line momentum. Guidance/Press Release
- Positive Sentiment: Unusually large call-option activity (≈7,194 calls, ~142% above typical volume) signals short-term bullish positioning by traders. (No external link provided.)
- Neutral Sentiment: After-hours volatility: coverage noted an extended-hours rally following the earnings release — indicates trader/short-term momentum but not a guaranteed trend. Benzinga Article
- Neutral Sentiment: Company published full Q3 financial release and conference call materials for investors to review the details and outlook. PR Newswire Release
- Neutral Sentiment: Reported short-interest data in the feed is inconsistent/zeroed out (likely noisy or delayed reporting) and shouldn’t be relied on without corroboration. (No external link provided.)
- Negative Sentiment: Analyst/long-form critique flags structural risks: high debt (~$355M) with a reported ~11.7% interest cost, weak GAAP margins and thin free cash flow relative to interest expense, and continued exposure to mobile-ad ecosystem headwinds from Apple privacy changes — these factors amplify downside if growth or margins slip. Seeking Alpha — Bearish Analysis
- Negative Sentiment: Another analysis labels results a “mixed bag” — progress in some metrics but remaining execution and structural questions that could cap valuation upside. Seeking Alpha — Mixed Review
Institutional Trading of Digital Turbine
Several hedge funds and other institutional investors have recently made changes to their positions in APPS. Creative Planning grew its stake in shares of Digital Turbine by 9.4% during the third quarter. Creative Planning now owns 23,286 shares of the software maker’s stock valued at $149,000 after acquiring an additional 1,997 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Digital Turbine by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 57,539 shares of the software maker’s stock valued at $156,000 after purchasing an additional 2,449 shares during the last quarter. Legal & General Group Plc boosted its holdings in Digital Turbine by 31.6% in the second quarter. Legal & General Group Plc now owns 10,624 shares of the software maker’s stock valued at $63,000 after purchasing an additional 2,550 shares during the last quarter. Osaic Holdings Inc. grew its stake in Digital Turbine by 22.5% during the 2nd quarter. Osaic Holdings Inc. now owns 18,073 shares of the software maker’s stock valued at $107,000 after purchasing an additional 3,322 shares in the last quarter. Finally, State of Alaska Department of Revenue purchased a new stake in Digital Turbine during the 3rd quarter worth approximately $31,000. Hedge funds and other institutional investors own 63.66% of the company’s stock.
About Digital Turbine
Digital Turbine, Inc (NASDAQ: APPS) is a mobile technology company that streamlines content delivery and app advertising across connected devices. Its platform enables carriers, OEMs, app developers and advertisers to engage users through personalized app recommendations, in-app promotions and turnkey monetization solutions. By integrating software directly on smartphones and tablets, Digital Turbine simplifies the user journey from discovery to installation without requiring additional downloads or redirects through traditional app stores.
The company’s flagship Ignite Platform offers end-to-end campaign management, combining demand-side advertising, real-time analytics and automated content fulfillment.
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