25,548 Shares in Applied Digital Corporation $APLD Acquired by Capstone Investment Advisors LLC

Posted by Geri Gentry on Aug 28th, 2026

Capstone Investment Advisors LLC purchased a new stake in Applied Digital Corporation (NASDAQ:APLD – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 25,548 shares of the company’s stock, valued at approximately $953,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Concurrent Investment Advisors LLC increased its position in shares of Applied Digital by 1.5% during the fourth quarter. Concurrent Investment Advisors LLC now owns 21,332 shares of the company’s stock worth $523,000 after acquiring an additional 318 shares in the last quarter. Independent Advisor Alliance lifted its position in Applied Digital by 4.6% in the 4th quarter. Independent Advisor Alliance now owns 9,215 shares of the company’s stock valued at $226,000 after acquiring an additional 407 shares in the last quarter. GAMMA Investing LLC lifted its position in Applied Digital by 28.5% in the 2nd quarter. GAMMA Investing LLC now owns 2,092 shares of the company’s stock valued at $78,000 after acquiring an additional 464 shares in the last quarter. Krilogy Financial LLC boosted its stake in Applied Digital by 4.1% in the 2nd quarter. Krilogy Financial LLC now owns 14,243 shares of the company’s stock worth $531,000 after purchasing an additional 561 shares during the period. Finally, Vermillion Wealth Management Inc. boosted its stake in Applied Digital by 29.4% in the 1st quarter. Vermillion Wealth Management Inc. now owns 2,563 shares of the company’s stock worth $61,000 after purchasing an additional 583 shares during the period. Institutional investors own 65.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on APLD shares. B. Riley Financial restated a “buy” rating and issued a $75.00 price target (up from $66.00) on shares of Applied Digital in a report on Monday, August 3rd. Craig Hallum increased their price objective on Applied Digital from $75.00 to $79.00 and gave the stock a “buy” rating in a report on Tuesday, June 9th. Zacks Research raised Applied Digital from a “strong sell” rating to a “hold” rating in a research report on Monday, July 27th. Lucid Cap Mkts upgraded Applied Digital to a “strong-buy” rating in a research note on Wednesday, May 27th. Finally, Lake Street Capital boosted their target price on Applied Digital from $70.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday, June 9th. Three research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Applied Digital presently has an average rating of “Moderate Buy” and an average price target of $68.15.

View Our Latest Report on Applied Digital

Insider Transactions at Applied Digital

In related news, Director Richard N. Nottenburg sold 75,000 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $31.15, for a total transaction of $2,336,250.00. Following the completion of the transaction, the director directly owned 133,378 shares of the company’s stock, valued at approximately $4,154,724.70. This represents a 35.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 9.50% of the company’s stock.

Applied Digital Trading Up 2.1%

Shares of NASDAQ:APLD opened at $27.44 on Friday. The company’s 50-day moving average price is $31.29 and its two-hundred day moving average price is $33.42. Applied Digital Corporation has a one year low of $13.16 and a one year high of $50.72. The company has a debt-to-equity ratio of 2.88, a current ratio of 4.01 and a quick ratio of 4.01. The stock has a market capitalization of $8.00 billion, a PE ratio of -30.83 and a beta of 5.75.

Applied Digital (NASDAQ:APLD – Get Free Report) last announced its quarterly earnings data on Monday, July 27th. The company reported ($0.39) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.30). The company had revenue of $240.35 million during the quarter, compared to the consensus estimate of $96.85 million. Applied Digital had a negative net margin of 37.78% and a negative return on equity of 16.42%. Applied Digital’s revenue was up 406.3% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.24) EPS. On average, equities analysts forecast that Applied Digital Corporation will post -1.09 EPS for the current fiscal year.

Applied Digital Company Profile

(Free Report)

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.