Applied Digital Corp.

APLD

Exchange: Nasdaq
Industry: Services-Computer Processing & Data Preparation
SEC CIK: 0001144879

SEC filings (opens in a new tab)

In the last 90 days, Applied Digital Corp. insiders filed 2 open-market purchases and 1 sale; 569 institutions reported holding it in 13F filings for Q2 2026, worth $7.85B in total; superinvestors Tiger Global Management and Third Point hold it.

Key figures

Market capClose on Nov 9, 2026: $5.06B
Insider buysLast 90 days, $6.66M in total: 2
Insider sellsLast 90 days, $682.5K in total: 1
13F holdersQ2 2026, +113 vs. previous quarter: 569
13F valueReported value at the end of Q2 2026: $7.85B
Superinvestors holdingAt the end of Q2 2026: 2

Price chart

Chart by TradingView (opens in a new tab)

Financials

See financial statements

From SEC filings, in USD.

Revenue, FY2026: $611.3M; +324.0% year over year
Net income, FY2026: -$184.3M; No comparable prior period
Free cash flow, FY2026: -$2.78B; No comparable prior period
Revenue, Q1 FY2027: $341.9M; +432.4% year over year

Revenue flow, FY2026

Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue.

Net loss for FY2026: $184.3M (30.2% of revenue).

Short interest

See short data

From FINRA, settlement date Oct 15, 2026.

Short interest: 65.5M; Shares sold short
Change: +8.84M; +15.6% vs. previous
Days to cover: 2.23; At average daily volume

Superinvestors holding APLD, Q2 2026

Go to the superinvestors tab

2 superinvestors report holding Applied Digital Corp. on Form 13F. Percentages are the stock's share of each portfolio.

Tiger Global Management

Chase Coleman

0.1%

Applied Digital Corp.'s share of the portfolio

Shares: 885,000
Value: $33.0M

Third Point

Daniel Loeb

<0.1%

Applied Digital Corp.'s share of the portfolio

Shares: 22,000
Value: $820.6K

Latest insider trades

See all insider trades

Open-market purchases and sales by Applied Digital Corp. insiders from Form 4, newest first.

Insider trades
Filed (ET)	Trade date	Filing delay	Insider	Transaction	Shares	Avg price	Value	Holding change	Flags
Oct 19, 2026 (view filing)7:11 AM ET	Oct 16	3 days	Cummins WesCEO; Chairman	PPurchase	+55.8K	$18.04	+$1.01M	+1.0%5.87M after
Oct 19, 2026 (view filing)7:06 AM ET	Oct 16	3 days	Zhang Jason GechenPresident	PPurchase	+300.0K	$18.86	+$5.66M	+11.8%2.84M after
Oct 15, 2026 (view filing)5:02 PM ET	Oct 13	2 days	Nottenburg Richard NDirector	SSale	−31.3K	$21.84	−$682.5K	−23.4%102.1K after
Aug 6, 2026 (view filing)4:52 PM ET	Aug 4	2 days	Nottenburg Richard NDirector	SSale	−75.0K	$31.15	−$2.34M	−36.0%133.4K after
Apr 30, 2026 (view filing)	Apr 28-30	2 days	Nottenburg Richard NDirector	SSale	−25.0K	$33.30	−$832.4K	−10.7%208.4K after	2 lots
Apr 28, 2026 (view filing)	Apr 27	1 day	Miller Douglas SDirector	SSale	−10.0K	$34.98	−$349.8K	−5.1%184.9K after
Jan 30, 2026 (view filing)	Jan 29	1 day	Hastings ChuckDirector	SSale	−46.0K	$38.57	−$1.77M	−10.6%388.4K after
Jan 16, 2026 (view filing)	Jan 14-15	2 days	Nottenburg Richard NDirector	SSale	−23.6K	$35.37	−$834.9K	−9.2%233.4K after	2 lots
Jan 16, 2026 (view filing)	Jan 16	Same day	Cummins WesCEO; Chairman	SSale	−165.0K	$36.42	−$6.01M	−3.8%4.18M after
Jan 14, 2026 (view filing)	Jan 12	2 days	Miller Douglas SDirector	SSale	−10.0K	$38.54	−$385.4K	−4.7%200.9K after

Top 10 13F holders, Q2 2026

See all 569 holders

The largest institutional positions in Applied Digital Corp. at the end of Q2 2026; share changes are against Q1 2026.

Institutions holding APLD in Q2 2026
Institution	Shares	Value	% of portfolio	Change in shares	Action
Hood River Capital Management LLC	22,518,887	$840.0M	6.09%	−556,725−2.4%	Reduced
Vanguard Portfolio Management LLC	13,728,812	$512.1M	0.02%	−1,078,983−7.3%	Reduced
BlackRock, Inc.	13,375,070	$498.9M	0.01%	−7,521,031−36.0%	Reduced
Situational Awareness LP	15,384,616	$469.0M	2.33%	+1,906,178+14.1%	Added
Vanguard Capital Management LLC	11,555,819	$431.0M	0.01%	+780,138+7.2%	Added
Two Sigma Investments, LP	10,299,117	$384.2M	0.29%	+8,706,515+546.7%	Added
Equitec Proprietary Markets, LLC	8,373,964	$312.3M	77.22%	+8,373,964	New
Goldman Sachs Group Inc	6,980,959	$260.4M	0.03%	−1,023,407−12.8%	Reduced
Geode Capital Management, LLC	4,877,618	$221.7M	0.01%	−1,533,841−23.9%	Reduced
Value Aligned Research Advisors, LLC	5,546,030	$206.9M	1.24%	−1,122,281−16.8%	Reduced

Holders of 5% or more of APLD

See all 3 holders and filings

Holders whose latest Schedule 13D or 13G filing reports 5% or more of Applied Digital Corp..

Largest holders of APLD from 13D and 13G filings
Holder	Latest form	Stake	Change	First filed	Latest filing	Filing
Hood River Capital Management LLC	13G/A	7.89%22.0M shares	+0.72 ppfrom 7.17%	Feb 14, 20243 filings	Feb 17, 2026	SEC
Cummins Wes	13D/A	7.60%22.0M shares	0.00 ppfrom 7.60%	Apr 21, 20227 filings	Jul 8, 2026	SEC
Jane Street Group, LLC	13G/A	7.10%20.9M shares	+0.10 ppfrom 7.00%	Jun 17, 20255 filings	May 12, 2026	SEC