35,550 Shares in Applied Digital Corporation $APLD Acquired by Balboa Wealth Partners

Balboa Wealth Partners bought a new stake in Applied Digital Corporation (NASDAQ:APLD) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 35,550 shares of the company’s stock, valued at approximately $872,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in APLD. BNP Paribas Financial Markets lifted its position in shares of Applied Digital by 24,356.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 5,219,565 shares of the company’s stock valued at $52,561,000 after acquiring an additional 5,198,223 shares during the period. Vanguard Group Inc. grew its holdings in Applied Digital by 23.2% in the third quarter. Vanguard Group Inc. now owns 17,722,174 shares of the company’s stock worth $406,547,000 after purchasing an additional 3,339,062 shares during the period. Two Sigma Investments LP acquired a new stake in Applied Digital in the third quarter worth $69,535,000. Situational Awareness LP increased its stake in Applied Digital by 63.3% in the second quarter. Situational Awareness LP now owns 6,591,800 shares of the company’s stock valued at $66,379,000 after purchasing an additional 2,556,200 shares in the last quarter. Finally, HRT Financial LP acquired a new position in shares of Applied Digital during the second quarter valued at about $14,759,000. Institutional investors and hedge funds own 65.67% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on APLD. Freedom Capital raised shares of Applied Digital to a “strong-buy” rating in a research report on Tuesday, January 6th. Northland Securities set a $56.00 price target on Applied Digital in a research note on Wednesday, January 28th. B. Riley Financial increased their price target on Applied Digital to $53.00 and gave the stock a “buy” rating in a report on Friday, January 9th. Arete Research initiated coverage on Applied Digital in a research note on Wednesday, January 7th. They issued a “buy” rating for the company. Finally, Roth Mkm restated a “buy” rating on shares of Applied Digital in a report on Tuesday, February 17th. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, Applied Digital currently has an average rating of “Buy” and an average price target of $37.00.

More Applied Digital News

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

• Positive Sentiment: Raised US$2.15 billion in senior secured notes to fund 200 MW of IT capacity at its North Dakota AI Factory — expands growth runway and funds revenue-driving infrastructure. A Look At Applied Digital (APLD) Valuation After Its US$2.15b Notes Deal And Upcoming Q3 Earnings
• Positive Sentiment: Amended data-center leases with CoreWeave in North Dakota — suggests continued customer commitment and execution progress at key campus assets. Applied Digital amends N.D. data center leases with CoreWeave
• Positive Sentiment: Analysts highlighted Applied Digital among bullish tech picks — third‑party endorsements can support momentum and buyer interest. Analysts Are Bullish on These Technology Stocks: Applied Digital Corporation (APLD), Nvidia (NVDA)
• Neutral Sentiment: Q4 benchmarking and sector coverage review investors’ takeaways on Applied Digital versus peers — useful context but not a direct catalyst. IT Services & Other Tech Stocks Q4 Results: Benchmarking Applied Digital (NASDAQ:APLD)
• Neutral Sentiment: Recent intraday/near‑term moves: stock ran higher into earnings and had a prior 15% surge as investors positioned ahead of the Q3 report — reflects momentum trading. Applied Digital (APLD) Soars 15.55% Ahead of Wednesday Earnings
• Neutral Sentiment: Company scheduled to report earnings next week — timing creates short‑term volatility as guidance and execution are re‑priced. Applied Digital (APLD) Projected to Post Earnings on Wednesday
• Negative Sentiment: Investor risk flagged: additional ~$2 billion borrowing highlighted alongside the fact that its largest customer (CoreWeave) carries roughly $21 billion of debt — amplifies counterparty and leverage concerns. Applied Digital Just Borrowed Another $2 Billion. Its Biggest Customer Is $21 Billion in Debt.
• Negative Sentiment: Analysts and models warn APLD lacks the key mix for an earnings beat next week — expectations of negative or weak results increase downside risk on the print. Will Applied Digital Corporation (APLD) Report Negative Earnings Next Week? What You Should Know

Insider Buying and Selling at Applied Digital

In other Applied Digital news, CEO Wes Cummins sold 165,000 shares of Applied Digital stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $36.42, for a total transaction of $6,009,300.00. Following the completion of the transaction, the chief executive officer owned 4,176,329 shares in the company, valued at approximately $152,101,902.18. The trade was a 3.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Chuck Hastings sold 45,987 shares of the business’s stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of $38.57, for a total value of $1,773,718.59. Following the sale, the director directly owned 388,372 shares of the company’s stock, valued at $14,979,508.04. This represents a 10.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 244,593 shares of company stock worth $9,003,278. 9.50% of the stock is currently owned by insiders.

Applied Digital Stock Up 0.3%

Applied Digital stock opened at $24.56 on Friday. The firm has a market capitalization of $6.87 billion, a price-to-earnings ratio of -45.48 and a beta of 7.25. The firm’s fifty day moving average price is $30.34 and its two-hundred day moving average price is $29.24. Applied Digital Corporation has a 1-year low of $3.31 and a 1-year high of $42.27. The company has a current ratio of 4.82, a quick ratio of 4.82 and a debt-to-equity ratio of 1.79.

Applied Digital 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.