Applied Digital Corporation (APLD) may enjoy gains as insiders got busy in the recent days

In a filing, Applied Digital Corporation revealed its Officer REED KATE acquired Company’s shares for reported $46150.0 on Feb 14 ’25. In the deal valued at $9.23 per share,5,000 shares were bought.

Then, Nottenburg Richard N sold 20,000 shares, generating $177,000 in total proceeds. Upon selling the shares at $8.85, the Director now owns 342,923 shares.

Before that, Nottenburg Richard N bought 20,000 shares. Applied Digital Corporation shares valued at $177,000 were divested by the Director at a price of $8.85 per share.

Compass Point initiated its Applied Digital Corporation [APLD] rating to a Buy in a research note published on January 28, 2025; the price target was $10. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in mid December with a ‘”an Overweight”‘ rating. ROTH MKM began covering APLD with “Buy” recommendation on October 03, 2023. H.C. Wainwright started covering the stock on December 22, 2022. It rated APLD as “a Buy”.

Price Performance Review of APLD

On Monday, Applied Digital Corporation [NASDAQ:APLD] saw its stock fall -2.45% to $5.17. Over the last five days, the stock has gained 9.77%. Applied Digital Corporation shares have fallen nearly -32.33% since the year began. Nevertheless, the stocks have risen 72.33% over the past one year. While a 52-week high of $12.48 was reached on 02/21/25, a 52-week low of $2.98 was recorded on 04/16/25. SMA at 50 days reached $6.02, while 200 days put it at $6.91.

Levels Of Support And Resistance For APLD Stock

The 24-hour chart illustrates a support level at 4.96, which if violated will result in even more drops to 4.75. On the upside, there is a resistance level at 5.35. A further resistance level may holdings at 5.53. The Relative Strength Index (RSI) on the 14-day chart is 50.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 11.85%. Stochastics %K at 84.21% indicates the stock is a selling.

The most recent change occurred on May 24, 2022 when DA Davidson began covering the stock and recommended ‘”a Buy”‘ rating along with a $6 price target.

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