New insider activity at Applied Digital Corporation ( (APLD) ) has taken place on January 30, 2026.
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Director Chuck Hastings has executed a significant stock sale involving Applied Digital Corporation, offloading 45,987 shares in a transaction valued at $1,773,718. This move highlights a notable insider transaction in the company’s stock, drawing attention to trading activity at the director level and the sizeable dollar amount involved.
Recent Updates on APLD stock
Applied Digital Corporation’s shares have been volatile over the last 24 hours, trading around the high-$30s to mid-$30s and swinging from a roughly 13% intraday gain near $41 to subsequent pullbacks of about $1.6–$3.1. Options activity has been active but mixed: call volume has at times run 1.5x normal with a low put/call ratio, signaling bullish speculation ahead of the April 9 earnings report, while a steepening put‑call skew and increased demand for downside protection suggest some traders are hedging recent gains. Implied volatility remains elevated but has eased from peaks and is now below its 52‑week median, reflecting slightly reduced expectations for near‑term price swings. The main fundamental driver behind recent analyst price target revisions is commentary from the company’s Q2 earnings call indicating advanced discussions with a top‑tier hyperscale cloud customer for potentially three data center sites totaling about 900 MW, which, alongside ongoing build‑out of large AI data centers, has strengthened sentiment around Applied Digital’s growth pipeline and long‑term capacity utilization, even as the share price experiences short‑term swings.
Spark’s Take on APLD Stock
According to Spark, TipRanks’ AI Analyst, APLD is a Neutral.
The score is held back primarily by weak financial quality (large losses, negative operating cash flow, heavy free-cash-flow burn, and high leverage). Offsetting this, technicals are notably strong with price trading above all major moving averages, and the latest earnings call outlined sizable contracted lease capacity and a near-term revenue ramp, improving the growth outlook despite ongoing execution and interest-cost risks.
To see Spark’s full report on APLD stock, click here.
More about Applied Digital Corporation
YTD Price Performance: 55.26%
Average Trading Volume: 31,224,104
Technical Sentiment Signal: Buy
Current Market Cap: $11.24B