Global Retirement Partners LLC Has $319,000 Holdings in Applied Digital Corporation $APLD

Global Retirement Partners LLC cut its holdings in shares of Applied Digital Corporation (NASDAQ:APLD) by 59.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,888 shares of the company’s stock after selling 19,987 shares during the period. Global Retirement Partners LLC’s holdings in Applied Digital were worth $319,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in APLD. Hood River Capital Management LLC increased its holdings in shares of Applied Digital by 2.8% in the second quarter. Hood River Capital Management LLC now owns 21,859,031 shares of the company’s stock worth $220,120,000 after acquiring an additional 592,314 shares in the last quarter. Situational Awareness LP grew its position in shares of Applied Digital by 63.3% in the 2nd quarter. Situational Awareness LP now owns 6,591,800 shares of the company’s stock valued at $66,379,000 after purchasing an additional 2,556,200 shares during the period. BNP Paribas Financial Markets increased its stake in Applied Digital by 24,356.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 5,219,565 shares of the company’s stock worth $52,561,000 after purchasing an additional 5,198,223 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Applied Digital by 24.0% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,661,296 shares of the company’s stock valued at $26,799,000 after acquiring an additional 514,896 shares during the last quarter. Finally, HRT Financial LP bought a new stake in Applied Digital during the second quarter worth about $14,759,000. 65.67% of the stock is owned by institutional investors and hedge funds.

Applied Digital Stock Up 18.0%

APLD opened at $37.68 on Friday. The stock’s fifty day simple moving average is $27.33 and its 200 day simple moving average is $21.83. Applied Digital Corporation has a 1-year low of $3.31 and a 1-year high of $40.20. The stock has a market cap of $10.52 billion, a PE ratio of -69.78 and a beta of 6.89. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.29.

Applied Digital (NASDAQ:APLD) last released its quarterly earnings data on Wednesday, January 7th. The company reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.02). The company had revenue of $126.59 million for the quarter, compared to the consensus estimate of $82.22 million. Applied Digital had a negative return on equity of 17.52% and a negative net margin of 43.49%.The company’s revenue for the quarter was up 250.1% compared to the same quarter last year. During the same period last year, the firm earned ($0.06) earnings per share. As a group, research analysts expect that Applied Digital Corporation will post -0.96 earnings per share for the current year.

Key Applied Digital News

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

• Positive Sentiment: Company delivered a blowout Q2: revenue jumped ~250% YoY to ~$126.6M driven by Polaris Forge 1 ramp and HPC tenant fit-outs; management disclosed a large lease pipeline and multi-year contracts that underpin long-term growth. Applied Digital beats quarterly revenue estimates on AI data center demand, shares jump
• Positive Sentiment: Multiple bullish analyst moves: Arete Research initiated coverage with a Buy and $99 price target (large bullish signal), Freedom Capital initiated a Buy ($36 PT) and Needham reiterated Buy ($41 PT) — these upgrades and high targets amplify buying interest. Arete Research Initiates Applied Digital (APLD) with $99 PT, Buy Rating
• Positive Sentiment: Market commentary highlights accelerating momentum: analysts and outlets point to a growing backlog (reported ~$15B), plans to add ~900 MW of capacity, a goal of $1B NOI over coming years, and potential new hyperscaler customers — all supportive of higher future cash flows. Applied Digital Reignites Momentum After a Blowout Quarter
• Positive Sentiment: Press coverage flags an impending hyperscaler lease and continued AI demand as near-term catalysts that could drive additional revenue and give the stock more upside. Applied Digital Teases New AI Hyperscaler Customer in 2026. The Stock Rises.
• Neutral Sentiment: Detailed company disclosures and the full Q2 earnings/call transcript are available for investors evaluating execution, margin trends and cadence of lease signings. Review the transcript for operator commentary and guidance signals. Applied Digital Corporation (APLD) Q2 2026 Earnings Call Transcript
• Negative Sentiment: GAAP/profitability caveats: higher costs dragged reported EPS below consensus (company reported a loss per share vs. mixed adjusted metrics), with negative net margin and negative ROE on a GAAP basis — investors should watch margin recovery and cash flow conversion. Applied Digital’s Q2 Earnings Miss Estimates, Revenues Rise Y/Y

Insiders Place Their Bets

In other news, Director Rachel H. Lee sold 24,213 shares of the business’s stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $33.20, for a total transaction of $803,871.60. Following the completion of the sale, the director owned 59,400 shares in the company, valued at $1,972,080. The trade was a 28.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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 completion of the transaction, the chief financial officer directly owned 158,912 shares in the company, valued at $5,415,720.96. The trade was a 38.62% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 328,035 shares of company stock worth $11,376,479 in the last 90 days. Corporate insiders own 9.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on APLD. Weiss Ratings restated a “sell (d-)” rating on shares of Applied Digital in a research note on Wednesday, October 8th. Wall Street Zen raised shares of Applied Digital from a “sell” rating to a “hold” rating in a research note on Saturday. Compass Point began coverage on shares of Applied Digital in a report on Monday, September 15th. They set a “buy” rating on the stock. Lake Street Capital reiterated a “buy” rating and issued a $45.00 price target on shares of Applied Digital in a research note on Tuesday, December 30th. Finally, B. Riley boosted their price objective on shares of Applied Digital to $53.00 and gave the stock a “buy” rating in a research note on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has assigned 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 $33.27.

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.