New insider activity at Applied Digital Corporation ( (APLD) ) has taken place on January 14, 2026.
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Director Douglas S. Miller has executed a sale of 10,000 shares of Applied Digital Corporation stock, with the total transaction value amounting to $385,400. This insider move reflects a notable liquidation of holdings by a member of the company’s board, potentially drawing attention from investors who monitor director-level trading activity for signals about corporate outlook and confidence.
Recent Updates on APLD stock
Applied Digital’s shares have seen sharp swings over the last day, trading roughly in the mid‑$30s to high‑$30s, with periods of both gains and declines accompanied by heavy options activity. Options flow has alternated between bullish and mixed, with call volume consistently leading puts, but a steepening put‑call skew on down days shows investors are actively seeking downside protection even as some remain optimistic. Implied volatility is elevated but, by recent standards, in the lower part of its one‑year range, implying large yet more ‘normalized’ daily moves. While the articles reference a recent analyst price‑target increase and commentary that the company is benefiting from strong AI and hyperscaler‑related demand, as well as corporate developments like a CEO performance‑equity grant and an upcoming investor meeting, they do not specify detailed fundamental catalysts (such as particular earnings metrics) behind the target change itself, only broadly tying it to momentum in AI infrastructure and Applied Digital’s positioning in that trend amid rising costs and capacity expansion.
Spark’s Take on APLD Stock
According to Spark, TipRanks’ AI Analyst, APLD is a Neutral.
The score reflects a strong technical uptrend and a notably positive earnings-call backdrop driven by large hyperscaler lease wins and a visible near-term ramp, but is held back by weak financial quality—deep losses, negative operating cash flow, very large negative free cash flow, and elevated leverage. Valuation is also constrained by negative earnings (negative P/E) and no stated dividend support.
To see Spark’s full report on APLD stock, click here.
More about Applied Digital Corporation
YTD Price Performance: 49.71%
Average Trading Volume: 30,472,663
Technical Sentiment Signal: Buy
Current Market Cap: $10.68B

