APLD Insider Trading

Applied Digital Corp. (APLD) operates in the Technology sector, specifically the Information Technology Services industry, with a market capitalization near $6.46B, listed on NASDAQ, employing roughly 256 people, carrying a beta of 6.00 to the broader market. Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. Led by Wes Cummins, public since 2022-04-13.

In the last 12 months, Applied Digital Corp. insiders made 0 buy transactions and 20 sale transactions.

DateNameTypeSharesPriceValue
Oct 13, 2026Cummins WesM-Exempt100,000$0.00$0
Oct 13, 2026Cummins WesF-InKind39,350$23.68$931.8K
Oct 13, 2026Cummins WesM-Exempt100,000$0.00$0
Oct 5, 2026Mohmand Mohammad Saidal LaVanwayM-Exempt81,666$0.00$0
Oct 5, 2026Mohmand Mohammad Saidal LaVanwayF-InKind32,136$25.38$815.6K
Oct 5, 2026Mohmand Mohammad Saidal LaVanwayM-Exempt81,666$0.00$0
Sep 14, 2026Zhang Jason GechenF-InKind49,188$26.42$1.3M
Aug 6, 2026Nottenburg Richard NS-Sale75,000$31.15$2.3M
Aug 4, 2026Mohmand Mohammad Saidal LaVanwayA-Award245,000$0.00$0
Aug 4, 2026Mohmand Mohammad Saidal LaVanwayJ-Other13,408$0.00$0

APLD Insider Activity by Quarter

Reported Form 4 and Form 5 lines under APLD's own SEC company ID, by transaction date, back to Q4 2024. Purchases and sales are code P / S (open market or private) in the company's shares; other lines are purchases and sales of other securities (options, warrants, preferred), awards, exercises, tax withholding, gifts and other acquisitions and dispositions. Later filings and amendments can change the current quarter. Earlier quarters are not shown: the filings read reach back to Aug 8, 2005, and a quarter counts only when every filing for it was read.

QuarterPurchasesBoughtSalesSoldOther Lines
Q4 2026 (so far)0N/A0N/A6
Q3 20260N/A1$2.3M16
Q2 20260N/A3$1.2M16
Q1 20260N/A5$9.0M7
Q4 20250N/A11$11.8M20
Q3 20250N/A9$9.9M9
Q2 20250N/A2$288.1K9
Q1 20250N/A1$177.0K15
Q4 20240N/A6$3.4M24

APLD Institutional Ownership (13F)

As of Jun 30, 2026 (Q2 2026), 565 institutions reported holding 214,634,819 APLD shares, valued at $7.86B as reported, 73.9% of its market cap (market cap of Jun 26, 2026). That is +106 institutions from the quarter before. Among managers whose reports for both quarters are comparable, 164 opened a position, 57 closed one, 163 added and 165 trimmed.

Top Holders, Q2 2026

ManagerSharesValueChange
Hood River Capital Management LLC22,518,887$840.0M-556,725
Situational Awareness LP15,384,616$469.0M+1,906,178
VANGUARD PORTFOLIO MANAGEMENT LLC13,728,812$512.1M-1,078,983
BlackRock, Inc.13,375,070$498.9M-7,521,031
VANGUARD CAPITAL MANAGEMENT LLC11,555,819$431.0M+780,138
TWO SIGMA INVESTMENTS, LP10,299,117$384.2M+8,706,515
EQUITEC PROPRIETARY MARKETS, LLC8,373,964$312.3MNew
GOLDMAN SACHS GROUP INC6,980,959$260.4M-1,023,407
DBA TRADING, LLC5,576,235$132.4MUnchanged
Value Aligned Research Advisors, LLC5,546,030$206.9M-1,122,281

By Quarter

QuarterInstitutionsSharesValue
Q2 2026565214,634,819$7.86B
Q1 2026459211,317,311$5.01B
Q4 2025437181,871,734$4.46B
Q3 2025367178,748,177$4.11B
Q2 2025279143,976,658$1.45B
Q1 2025244145,848,193$819.7M
Q4 2024239145,503,594$1.11B
Q3 2024167135,434,814$1.12B
Q2 202413484,660,043$503.4M

From the SEC's Form 13F data sets: investment managers with $100 million or more in Section 13(f) securities report their holdings each quarter, up to 45 days after it ends; a restated filing replaces the original, and values are as the managers reported them (a position whose price runs about 1,000 times below other managers', from a manager whose positions mostly do, is read as reported in thousands of dollars). The same shares can be reported by more than one manager, so totals can count some twice.

ETFs Holding APLD

FundWeight of APLDShares (as reported)Value (as reported)Source updated
VTI Vanguard Morningstar Total Stock Market ETF0.01%8,181,804$207.9MOct 7, 2026
VB Vanguard Morningstar Small-Cap ETF0.08%5,918,313$150.4MOct 7, 2026
VGT Vanguard Information Technology ETF0.06%3,806,144$96.7MOct 7, 2026
VBK Vanguard Morningstar Small-Cap Growth ETF0.19%3,396,361$86.3MOct 7, 2026
DTCR Global X - Data Center & Digital Infrastructure ETF4.00%3,297,718$83.6MOct 7, 2026
VXF Vanguard Extended Market ETF0.08%2,955,417$75.1MOct 7, 2026
SCHA Schwab U.S. Small-Cap ETF0.16%1,400,554$35.0MOct 8, 2026
IWR iShares Russell Mid-Cap ETF0.05%1,074,919$25.6MOct 8, 2026
BLOK Amplify Blockchain Technology ETF2.24%1,020,745$24.3MOct 8, 2026
SCHM Schwab U.S. Mid-Cap ETF0.14%796,443$20.2MOct 7, 2026
DAPP VanEck Digital Transformation ETF4.42%720,330$18.3MOct 8, 2026
IWD iShares Russell 1000 Value ETF0.02%566,629$13.5MOct 8, 2026
AGIX KraneShares Public-Private AI & Technology ETF1.11%539,851$12.9MOct 8, 2026
FTEC Fidelity MSCI Information Technology Index ETF0.05%493,706$11.8MOct 8, 2026
BKCH Global X - Blockchain ETF3.87%445,466$11.3MOct 7, 2026

From each fund's latest holdings file on record that shows APLD's listed security itself. A file counts when its line count is consistent with the fund's reported holdings count (at most twice it plus 10, or at most 1,000 lines for a reported count of exactly 10, which the data source gives many funds as a cap), read with that file or inherited from the fund's last classified file (within 20% of its line count, read within 60 days). Funds whose line for the company could not be confirmed as APLD's listed security, or that hold it through underlying funds (look-through), are not listed. Only long positions count: a fund is left out when any of its lines for APLD reports a negative weight, share count or value, or none of them above zero (a short position, or figures that disagree). Shares, value and weight are as reported in each fund's file, dated by the data source's last update of that file (not the date of the positions); the weight is APLD's share of that fund.

How to Read APLD Insider Activity

Net insider sentiment skews to the sell side over the trailing twelve months: 20 sales versus 0 buys. Insider sales carry less informational weight than buys because they are often driven by liquidity, tax planning, or pre-scheduled Rule 10b5-1 trading plans rather than negative information. The transaction type alone does not say whether a sale was made on the open market or privately, or under a 10b5-1 plan; the filing's plan checkbox and footnotes do. The transaction table above includes the filer's reporting name, transaction type, share count, per-share price, and total dollar value where computable. For options traders, insider activity is one input to event-driven sizing alongside earnings calendar, analyst-rating cluster moves, and the implied-vol surface. Form 4 filings (the dominant Section 16 reporting form) must be submitted within two business days of the transaction; clusters of buys across multiple insiders within a short window are the strongest informational pattern. SEC EDGAR carries the underlying source filings for verification and additional historical depth.

Learn how insider trading is reported and how to read the data →

Frequently asked APLD insider trading questions

How active are APLD insiders right now?
Over the trailing twelve months, Applied Digital Corp. (APLD) insiders made 0 buy transactions and 20 sale transactions. Net insider sentiment over the trailing twelve months tilts to the sell side (20 sales vs 0 buys). The transaction list above shows the most recent filings; each entry includes the insider's name, transaction type, share count, and per-share price.
What counts as an insider transaction?
Section 16 of the Securities Exchange Act requires officers, directors, and 10% beneficial-owner shareholders to disclose changes in their holdings via Form 3 (initial statement), Form 4 (subsequent transactions, filed within two business days), and Form 5 (annual catch-up). Insider transactions cover open-market purchases and sales, exercise of stock options, gifts, and grants. The "transaction type" field on each row distinguishes these subcategories.
Are APLD insider buys a bullish signal?
Insider purchases (Type P, made on the open market or privately; the code covers both) carry more informational weight than insider sales: an insider must commit personal capital, and the SEC scrutinizes purchases under Rule 10b5-1 for material non-public information. Sales, by contrast, are often driven by liquidity, tax planning, or pre-scheduled 10b5-1 trading plans rather than negative information. Cluster buying (multiple insiders buying within a short window) is a stronger signal than isolated buys.
How do APLD insider transactions affect options pricing?
Insider transaction data does not directly drive implied volatility, but Form 4 disclosures can move single-name IV if the size or timing is unusual (e.g. a large CEO buy ahead of an earnings window). Options markets price the marginal informational content; routine transactions under pre-scheduled plans are typically ignored. For event-driven options sizing, pair the insider transaction history with the upcoming earnings calendar.