Applied Digital Corporation $APLD Stock Position Raised by Voya Investment Management LLC

Voya Investment Management LLC increased its holdings in shares of Applied Digital Corporation (NASDAQ:APLD) by 403.4% during the 3rd quarter, Holdings Channel.com reports. The fund owned 1,464,909 shares of the company’s stock after buying an additional 1,173,929 shares during the period. Voya Investment Management LLC’s holdings in Applied Digital were worth $33,605,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of APLD. Atlantic Union Bankshares Corp acquired a new position in Applied Digital in the second quarter valued at approximately $25,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Applied Digital in the 2nd quarter worth approximately $26,000. PNC Financial Services Group Inc. bought a new stake in shares of Applied Digital in the 1st quarter worth approximately $28,000. Geneos Wealth Management Inc. grew its stake in Applied Digital by 113.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 6,667 shares of the company’s stock worth $37,000 after buying an additional 3,542 shares during the last quarter. Finally, Ameriflex Group Inc. acquired a new stake in Applied Digital in the second quarter worth $42,000. Institutional investors own 65.67% of the company’s stock.

Applied Digital News Roundup

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

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Craig Hallum raised their target price on Applied Digital to $39.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. B. Riley reiterated a “buy” rating on shares of Applied Digital in a research report on Wednesday, October 22nd. Weiss Ratings reissued a “sell (d-)” rating on shares of Applied Digital in a research note on Wednesday, October 8th. Lake Street Capital upped their target price on shares of Applied Digital from $18.00 to $37.00 and gave the stock a “buy” rating in a research report on Friday, October 10th. Finally, Needham & Company LLC restated a “buy” rating and issued a $41.00 price target on shares of Applied Digital in a research note on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $26.20.

Insider Activity

In other Applied Digital news, Director Chuck Hastings sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $34.27, for a total value of $856,750.00. Following the completion of the sale, the director directly owned 426,612 shares in the company, valued at $14,619,993.24. This represents a 5.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Mohammad Saidal Lavanw Mohmand sold 37,503 shares of the stock in a transaction on Tuesday, October 28th. The shares were sold at an average price of $36.47, for a total value of $1,367,734.41. Following the transaction, the chief financial officer directly owned 121,409 shares of the company’s stock, valued at approximately $4,427,786.23. The trade was a 23.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 328,035 shares of company stock valued at $11,376,479 over the last 90 days. Corporate insiders own 9.50% of the company’s stock.

Applied Digital Stock Performance

APLD stock opened at $27.85 on Friday. The company 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. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.29. Applied Digital Corporation has a fifty-two week low of $3.31 and a fifty-two week high of $40.20.

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

Applied Digital Company 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.