Tudor Investment Corp ET AL Has $7.16 Million Position in Applied Digital Corporation $APLD

Tudor Investment Corp ET AL reduced its stake in shares of Applied Digital Corporation (NASDAQ:APLD) by 66.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 312,011 shares of the company’s stock after selling 629,997 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Applied Digital were worth $7,158,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Teachers Retirement System of The State of Kentucky acquired a new stake in shares of Applied Digital during the third quarter worth approximately $994,000. Voya Investment Management LLC raised its position in Applied Digital by 403.4% during the third quarter. Voya Investment Management LLC now owns 1,464,909 shares of the company’s stock valued at $33,605,000 after acquiring an additional 1,173,929 shares in the last quarter. Federated Hermes Inc. acquired a new stake in Applied Digital in the third quarter valued at approximately $3,204,000. AlphaQuest LLC acquired a new stake in Applied Digital in the third quarter valued at approximately $1,369,000. Finally, MRA Advisory Group bought a new stake in Applied Digital in the third quarter worth approximately $978,000. 65.67% of the stock is currently owned by institutional investors and hedge funds.

Key Applied Digital News

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

• Positive Sentiment: Potential upside from earnings/catalysts — Retail coverage highlights that a strong Q3 print or constructive guidance could produce a large move higher; some commentators say the stock could materially rally if results beat and guidance improves. April 8 Is a Big Day for Applied Digital.
• Neutral Sentiment: Industry GPU/AI cloud activity — Coverage of IREN’s large GPU buildout underscores strong demand and investor interest in AI infrastructure; this validates market demand but also highlights competition and capital intensity in the space. Can IREN’s 150K GPU Fleet Drive $3.7B AI Cloud ARR Target in 2026?
• Negative Sentiment: Analysts flag widening Q3 loss and margin pressure — Multiple previews and analyst note revisions expect a larger Q3 loss, citing rising costs, execution challenges and a meaningful debt burden that could weigh on margins and near-term cash flow. Applied Digital Set to Report Q3 Earnings: Hold or Fold the Stock?
• Negative Sentiment: Most-accurate analysts revised down forecasts ahead of earnings — Short-interval analyst updates expect wider losses and have trimmed estimates, raising the bar for management to surprise positively at the print. Applied Digital Likely To Report Wider Q3 Loss
• Negative Sentiment: New inverse ETF product increases potential selling pressure — The launch/listing of a 2x short ETF tied to APLD provides an easy vehicle for leveraged short exposure, which can amplify downside momentum during weak headlines. Tradr 2X Short Apld Daily ETF
• Negative Sentiment: Technical and balance-sheet caution — The stock is trading below its 50- and 200-day moving averages, exhibits a high beta and carries notable debt (D/E ~1.79), all of which raise volatility and downside risk if earnings disappoint. Applied Digital Set to Report Q3 Earnings

Applied Digital Stock Down 0.0%

Applied Digital stock opened at $25.18 on Wednesday. The company has a market capitalization of $7.04 billion, a P/E ratio of -46.63 and a beta of 7.25. The firm’s fifty day simple moving average is $29.53 and its 200-day simple moving average is $29.48. The company has a current ratio of 4.82, a quick ratio of 4.82 and a debt-to-equity ratio of 1.79. Applied Digital Corporation has a 1-year low of $3.31 and a 1-year high of $42.27.

Insider Activity

In other news, CEO Wes Cummins sold 165,000 shares of the business’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $36.42, for a total value of $6,009,300.00. Following the completion of the sale, the chief executive officer directly owned 4,176,329 shares in the company, valued at approximately $152,101,902.18. The trade was a 3.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard N. Nottenburg sold 12,000 shares of the business’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $35.45, for a total transaction of $425,400.00. Following the completion of the sale, the director owned 233,378 shares of the company’s stock, valued at $8,273,250.10. The trade was a 4.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 244,593 shares of company stock valued at $9,003,278 over the last three months. Corporate insiders own 9.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on APLD shares. Needham & Company LLC restated a “buy” rating and set a $41.00 price target on shares of Applied Digital in a report on Thursday, January 8th. B. Riley Financial raised their price target on shares of Applied Digital to $53.00 and gave the company a “buy” rating in a report on Friday, January 9th. Freedom Capital upgraded shares of Applied Digital to a “strong-buy” rating in a report on Tuesday, January 6th. Roth Mkm restated a “buy” rating on shares of Applied Digital in a report on Tuesday, February 17th. Finally, Arete Research started coverage on shares of Applied Digital in a report on Wednesday, January 7th. They set a “buy” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $37.00.

Applied Digital Profile

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.