Clear Creek Financial Management LLC Trims Stock Position in Applied Digital Corporation $APLD

Clear Creek Financial Management LLC trimmed its holdings in shares of Applied Digital Corporation (NASDAQ:APLD) by 23.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,638 shares of the company’s stock after selling 18,745 shares during the period. Clear Creek Financial Management LLC’s holdings in Applied Digital were worth $1,368,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Dagco Inc. acquired a new stake in Applied Digital during the 3rd quarter valued at $27,000. Evolution Wealth Management Inc. lifted its position in shares of Applied Digital by 101.8% in the third quarter. Evolution Wealth Management Inc. now owns 1,600 shares of the company’s stock valued at $37,000 after acquiring an additional 807 shares in the last quarter. CoreCap Advisors LLC boosted its stake in shares of Applied Digital by 124.9% during the third quarter. CoreCap Advisors LLC now owns 1,804 shares of the company’s stock valued at $41,000 after acquiring an additional 1,002 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Applied Digital by 51.8% during the third quarter. Farther Finance Advisors LLC now owns 2,306 shares of the company’s stock valued at $53,000 after acquiring an additional 787 shares during the last quarter. Finally, Atlantic Union Bankshares Corp purchased a new stake in Applied Digital during the 2nd quarter worth about $25,000. 65.67% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have issued reports on APLD shares. Arete Research began coverage on shares of Applied Digital in a report on Wednesday, January 7th. They issued a “buy” rating on the stock. Northland Securities set a $56.00 price objective on shares of Applied Digital in a research report on Wednesday, January 28th. Lake Street Capital restated a “buy” rating and set a $45.00 target price on shares of Applied Digital in a research report on Tuesday, December 30th. Roth Mkm reaffirmed a “buy” rating on shares of Applied Digital in a research note on Tuesday. Finally, Wall Street Zen raised Applied Digital from a “sell” rating to a “hold” rating in a research note on Saturday, January 10th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $37.00.

Applied Digital Stock Performance

Shares of APLD stock opened at $29.04 on Friday. The company has a debt-to-equity ratio of 1.79, a quick ratio of 4.82 and a current ratio of 4.82. The firm has a market capitalization of $8.12 billion, a price-to-earnings ratio of -53.78 and a beta of 7.25. Applied Digital Corporation has a one year low of $3.31 and a one year high of $42.27. The company has a 50 day moving average price of $32.01 and a 200 day moving average price of $26.94.

Insider Transactions at Applied Digital

In related news, CEO Wes Cummins sold 165,000 shares of the stock in a transaction on Friday, January 16th. The stock was sold at an average price of $36.42, for a total value of $6,009,300.00. Following the transaction, the chief executive officer directly owned 4,176,329 shares of the company’s stock, valued at approximately $152,101,902.18. This trade represents a 3.80% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Richard N. Nottenburg sold 12,000 shares of the company’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $35.45, for a total value of $425,400.00. Following the sale, the director owned 233,378 shares of the company’s stock, valued at $8,273,250.10. This represents a 4.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 244,593 shares of company stock valued at $9,003,278. Corporate insiders own 9.50% of the company’s stock.

Trending Headlines about Applied Digital

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

• Positive Sentiment: Broader AI spending trends remain a potential tailwind for Applied Digital’s neocloud/data‑center business — analysts expect large increases in AI infrastructure budgets in 2026 that could support long‑term demand for specialized cloud capacity. AI Spending Is Poised to Hit $700 Billion in 2026
• Neutral Sentiment: Short‑interest reports show anomalous/zero values and a 0.0 days-to-cover reading (likely a data/reporting glitch), so there’s no clear evidence of a rising coordinated short position driving the move. Monitor later filings for a reliable signal.
• Neutral Sentiment: Commentary about volatility and “volatile stocks” highlights that APLD’s high beta makes it prone to sharp swings — this is a reminder that both downside and upside moves can be amplified regardless of fundamentals. 3 Volatile Stocks That Fall Short
• Negative Sentiment: NVIDIA sold its Applied Digital position in its Q4 13F filing and publicly exited an ARM stake — the sale of APLD was highlighted by multiple outlets and is being read as reduced institutional confidence relative to NVIDIA’s continued holdings in other neocloud peers. That 13F disclosure triggered selling pressure and negative sentiment around APLD. NVIDIA’s 13F Bombshell: A New AI Power Trio Emerges
• Negative Sentiment: Market articles reporting that APLD dropped after NVIDIA’s disposal amplified the move; news pieces cited a multi‑day losing streak and direct links between NVIDIA’s divestiture and APLD’s decline. Applied Digital (APLD) Loses 4.9% as Nvidia Disposes of Shares MSN: Applied Digital loses 4.9%

About Applied Digital

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.