Applied Digital Corporation $APLD Shares Purchased by Voya Investment Management LLC

Voya Investment Management LLC boosted its holdings in shares of Applied Digital Corporation (NASDAQ:APLD) by 403.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,464,909 shares of the company’s stock after buying an additional 1,173,929 shares during the quarter. Voya Investment Management LLC owned 0.53% of Applied Digital worth $33,605,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. PNC Financial Services Group Inc. purchased a new stake in Applied Digital during the first quarter worth approximately $28,000. Vanguard Group Inc. grew its holdings in shares of Applied Digital by 5.7% during the first quarter. Vanguard Group Inc. now owns 13,491,013 shares of the company’s stock worth $75,819,000 after buying an additional 730,978 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Applied Digital by 3.9% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,869,386 shares of the company’s stock valued at $10,506,000 after purchasing an additional 70,955 shares during the last quarter. Invesco Ltd. increased its stake in Applied Digital by 76.1% in the 1st quarter. Invesco Ltd. now owns 192,789 shares of the company’s stock valued at $1,083,000 after buying an additional 83,333 shares during the period. Finally, Nuveen LLC purchased a new position in Applied Digital during the first quarter worth about $2,481,000. Hedge funds and other institutional investors own 65.67% of the company’s stock.

Applied Digital Stock Up 16.5%

APLD stock opened at $27.85 on Friday. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.29. The firm has a 50 day simple moving average of $29.34 and a 200-day simple moving average of $20.15. The company has a market capitalization of $7.78 billion, a P/E ratio of -24.65 and a beta of 6.94. Applied Digital Corporation has a twelve month low of $3.31 and a twelve month high of $40.20.

Applied Digital (NASDAQ:APLD) last posted its quarterly earnings data on Thursday, October 9th. The company reported ($0.03) EPS for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.08. The firm had revenue of $64.22 million for the quarter, compared to the consensus estimate of $52.25 million. Applied Digital had a negative net margin of 111.29% and a negative return on equity of 37.14%. The firm’s revenue was up 84.3% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.15) EPS. On average, equities research analysts predict that Applied Digital Corporation will post -0.96 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Richard N. Nottenburg sold 34,375 shares of the business’s stock in a transaction dated Friday, October 24th. The stock was sold at an average price of $33.23, for a total value of $1,142,281.25. Following the completion of the sale, the director directly owned 263,612 shares of the company’s stock, valued at $8,759,826.76. The trade was a 11.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Mohammad Saidal Lavanw Mohmand sold 100,000 shares of the company’s stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $34.08, for a total value of $3,408,000.00. Following the sale, the chief financial officer owned 158,912 shares in the company, valued at $5,415,720.96. The trade was a 38.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 328,035 shares of company stock valued at $11,376,479. 9.50% of the stock is owned by company insiders.

More Applied Digital News

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

• Positive Sentiment: Secured development financing with Macquarie to fund new AI “factory” campuses — provides committed capital to cover pre?lease development costs, de?risking growth and accelerating capacity buildout for hyperscaler and AI customers. Applied Digital Completes Development Loan Facility with Macquarie Group to Support New AI Factory Campuses
• Positive Sentiment: Company announced a separate fundraising (reported as ~$100M) that boosts liquidity to fund projects and reduces immediate capital risk — a primary driver of the intraday rebound. Applied Digital (APLD) Rebounds 8.6% on $100-Million Fundraising
• Positive Sentiment: Investor commentary and media coverage highlight the closed loan facility and partner traction (e.g., CoreWeave), reinforcing the narrative of 2025 share gains tied to hyperscaler/AI demand. Overlooked Stock: APLD Closes Loan Facility for New Data Centers
• Neutral Sentiment: Applied Digital scheduled its fiscal Q2 2026 earnings call for Jan 7 — investors will watch guidance, revenue traction from new campuses, and lease/pre?lease progress for clearer near?term outlook. Applied Digital Sets Fiscal Second Quarter 2026 Conference Call for Wednesday, January 7, 2026
• Neutral Sentiment: Analyst piece compares APLD to Dell (DELL) on AI infrastructure upside — highlights differing strategies (APLD = niche hyperscaler/colocation + build?to?suit vs. Dell = integrated hardware/software stack); useful context for longer?term relative positioning but not an immediate catalyst. APLD vs. DELL: Which AI Infrastructure Stock Has More Upside?
• Negative Sentiment: Some investment firms expressed growing concerns about the sustainability of AI demand and valuations, which triggered a pullback before today’s rebound — a reminder that sentiment and valuation risk can produce sharp swings in APLD’s high?beta stock. Applied Digital (APLD) Falls 9% on Investment Firms’ Growing AI Concerns

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on APLD shares. B. Riley reiterated a “buy” rating on shares of Applied Digital in a research report on Wednesday, October 22nd. Citigroup restated an “outperform” rating on shares of Applied Digital in a report on Thursday, October 9th. Craig Hallum increased their price objective on shares of Applied Digital to $39.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. HC Wainwright boosted their target price on shares of Applied Digital from $20.00 to $40.00 and gave the stock a “buy” rating in a research report on Friday, October 10th. Finally, Compass Point assumed coverage on shares of Applied Digital in a research note on Monday, September 15th. They set a “buy” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $26.20.

About Applied Digital

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.