FMP

FMP

Applied Digital Corp (NASDAQ:APLD) Insider Sales and Financial Overview

  • Wes Cummins, CEO and Chairman of NASDAQ:APLD, sold 165,000 shares, indicating significant insider activity.
  • Douglas Miller, a Director at APLD, sold 10,000 shares, reducing his position by 4.74%.
  • APLD's financial health is strong, with a debt-to-equity ratio of 1.79 and both quick and current ratios at 4.82.

Applied Digital Corp (NASDAQ:APLD) operates in the digital infrastructure sector, providing solutions for high-performance computing applications. The company is known for its innovative approach to digital infrastructure, supporting various industries. APLD competes with other tech companies in the digital infrastructure space, striving to maintain a strong market presence.

On January 16, 2026, Wes Cummins, CEO and Chairman of APLD, sold 165,000 shares at $36.42 each. This transaction highlights significant insider activity within the company. Despite this sale, Cummins still holds a substantial 4,176,329 shares, indicating his continued confidence in APLD's future prospects.

Douglas Miller, a Director at APLD, also engaged in a notable transaction. On January 12th, he sold 10,000 shares at an average price of $38.54, totaling $385,400. This sale reduced his position by 4.74%, leaving him with 200,859 shares valued at approximately $7.74 million. The transaction was disclosed in a legal filing with the SEC, ensuring transparency.

APLD's stock opened at $35.22 on Friday, showing a 2.4% decrease. The company's financial health is reflected in its debt-to-equity ratio of 1.79, with both quick and current ratios at 4.82. These metrics suggest a strong liquidity position, allowing APLD to meet its short-term obligations efficiently.

The stock has experienced significant fluctuations, with a 52-week range between $3.31 and $40.20. Currently priced at $37.40, APLD has seen a 6.19% increase, with today's trading volume reaching 31.23 million shares. The company's market capitalization stands at approximately $10.46 billion, indicating its substantial presence in the market.