In a filing, Applied Digital Corporation revealed its Officer DAVID M RENCH acquired Company’s shares for reported $0.2 million on Jun 02 ’25. In the deal valued at $6.83 per share,30,000 shares were bought.
Then, Lee Rachel H. sold 24,212 shares, generating $169,484 in total proceeds. Upon selling the shares at $7.00, the Director now owns 83,613 shares.
Before that, RACHEL H LEE bought 24,212 shares. Applied Digital Corporation shares valued at $162,947 were divested by the Director at a price of $6.73 per share.
Citizens JMP initiated its Applied Digital Corporation [APLD] rating to a Mkt outperform in a research note published on May 22, 2025; the price target was $12. A number of analysts have revised their coverage, including Compass Point’s analysts, who began to cover the stock in late January with a ‘”a Buy”‘ rating. Cantor Fitzgerald began covering APLD with “an Overweight” recommendation on December 20, 2024. ROTH MKM started covering the stock on October 03, 2023. It rated APLD as “a Buy”.
Price Performance Review of APLD
On Tuesday, Applied Digital Corporation [NASDAQ:APLD] saw its stock jump 1.08% to $10.25. Over the last five days, the stock has gained 35.05%. Applied Digital Corporation shares have risen nearly 34.16% since the year began. Nevertheless, the stocks have risen 144.63% over the past one year. While a 52-week high of $12.48 was reached on 02/21/25, a 52-week low of $3.01 was recorded on 04/16/25. SMA at 50 days reached $5.82, while 200 days put it at $7.14.
Levels Of Support And Resistance For APLD Stock
The 24-hour chart illustrates a support level at 9.66, which if violated will result in even more drops to 9.08. On the upside, there is a resistance level at 10.77. A further resistance level may holdings at 11.30. The Relative Strength Index (RSI) on the 14-day chart is 78.06, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.74, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.85%. Stochastics %K at 82.66% indicates the stock is a selling.
How much short interest is there in Applied Digital Corporation?
A steep rise in short interest was recorded in Applied Digital Corporation stocks on 2025-05-15, dropping by -2.12 million shares to a total of 62.55 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 64.67 million shares. There was a decline of -3.4%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 22, 2022 when H.C. Wainwright began covering the stock and recommended ‘”a Buy”‘ rating along with a $4 price target.
