APLD
Applied Digital Corporation
NASDAQ: APLD · TECHNOLOGY · INFORMATION TECHNOLOGY SERVICES
$19.41
-4.81% today
Updated 2026-10-29
Market cap
$5.46B
P/E ratio
—
P/S ratio
6.26x
EPS (TTM)
$-0.91
Dividend yield
—
52W range
$18 – $51
Volume
20.7M
Applied Digital Corporation (APLD) Insider transactions
Net insider activity
Net buying (7,051,748 shares)
Buy transactions
31
Sell transactions
69
All transactions
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| 2026-09-12 | ZHANG, JASON GECHEN | President | Sale | 49,188 | $26.42 | $1.30M |
| 2026-08-04 | NOTTENBURG, RICHARD N | Director | Sale | 75,000 | $31.15 | $2.34M |
| 2026-08-04 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Buy | 13,408 | — | — |
| 2026-08-04 | CUMMINS, WES | Director, CEO; Chairman | Sale | 714,685 | — | — |
| 2026-07-31 | ZHANG, JASON GECHEN | President | Buy | 600,000 | — | — |
| 2026-07-31 | ZHANG, JASON GECHEN | President | Sale | 236,100 | $27.39 | $6.47M |
| 2026-07-31 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Buy | 245,000 | — | — |
| 2026-07-31 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Sale | 96,408 | $27.39 | $2.64M |
| 2026-07-31 | LALTRELLO, LAURA | Chief Operating Officer | Buy | 600,000 | — | — |
| 2026-07-31 | LALTRELLO, LAURA | Chief Operating Officer | Sale | 260,640 | $27.39 | $7.14M |
| 2026-07-31 | CUMMINS, WES | Director, CEO; Chairman | Buy | 1,600,000 | — | — |
| 2026-07-31 | CUMMINS, WES | Director, CEO; Chairman | Sale | 629,600 | $27.39 | $17.24M |
| 2026-07-06 | LALTRELLO, LAURA | Chief Operating Officer | Sale | 43,440 | $33.50 | $1.46M |
| 2026-07-01 | ZHANG, JASON GECHEN | President | Buy | 375,000 | — | — |
| 2026-07-01 | ZHANG, JASON GECHEN | President | Buy | 300,000 | — | — |
| 2026-07-01 | ZHANG, JASON GECHEN | President | Sale | 147,563 | $35.52 | $5.24M |
| 2026-07-01 | ZHANG, JASON GECHEN | President | Sale | 118,050 | $35.52 | $4.19M |
| 2026-06-22 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Buy | 490,000 | — | — |
| 2026-06-22 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Sale | 192,815 | $45.20 | $8.72M |
| 2026-06-22 | CUMMINS, WES | Director, CEO; Chairman | Buy | 800,000 | — | — |
| 2026-06-22 | CUMMINS, WES | Director, CEO; Chairman | Sale | 314,800 | $45.20 | $14.23M |
| 2026-04-30 | NOTTENBURG, RICHARD N | Director | Sale | 12,500 | $34.59 | $432375.00 |
| 2026-04-28 | NOTTENBURG, RICHARD N | Director | Sale | 12,500 | $32.00 | $400000.00 |
| 2026-04-27 | MILLER, DOUGLAS S | Director | Sale | 10,000 | $34.98 | $349800.00 |
| 2026-04-10 | CUMMINS, WES | Director, CEO; Chairman | Sale | 100,000 | — | — |
| 2026-04-10 | CUMMINS, WES | Director, CEO; Chairman | Buy | 100,000 | — | — |
| 2026-04-10 | CUMMINS, WES | Director, CEO; Chairman | Sale | 39,350 | $26.26 | $1.03M |
| 2026-04-04 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Sale | 81,667 | — | — |
| 2026-04-04 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Sale | 12,500 | — | — |
| 2026-04-04 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Buy | 81,667 | — | — |
| 2026-04-04 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Sale | 32,136 | $24.56 | $789260.16 |
| 2026-04-04 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Buy | 12,500 | — | — |
| 2026-04-04 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Sale | 4,194 | $24.56 | $103004.64 |
| 2026-04-04 | CUMMINS, WES | Director, CEO; Chairman | Sale | 100,000 | — | — |
| 2026-04-04 | CUMMINS, WES | Director, CEO; Chairman | Buy | 100,000 | — | — |
| 2026-04-04 | CUMMINS, WES | Director, CEO; Chairman | Sale | 34,579 | $24.56 | $849260.24 |
| 2026-03-12 | ZHANG, JASON GECHEN | President | Sale | 93,037 | $27.48 | $2.56M |
| 2026-02-06 | ZHANG, JASON GECHEN | President | Buy | 500,000 | — | — |
| 2026-02-06 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Buy | 250,000 | — | — |
| 2026-01-29 | HASTINGS, CHUCK | Director | Sale | 45,987 | $38.57 | $1.77M |
| 2026-01-22 | MILLER, DOUGLAS S | Director | Sale | 6,000 | — | — |
| 2026-01-16 | CUMMINS, WES | Director, CEO; Chairman | Sale | 165,000 | $36.42 | $6.01M |
| 2026-01-15 | NOTTENBURG, RICHARD N | Director | Sale | 12,000 | $35.45 | $425400.00 |
| 2026-01-14 | NOTTENBURG, RICHARD N | Director | Sale | 11,606 | $35.28 | $409459.68 |
| 2026-01-12 | MILLER, DOUGLAS S | Director | Sale | 10,000 | $38.54 | $385400.00 |
| 2026-01-06 | LALTRELLO, LAURA | Chief Operating Officer | Sale | 82,764 | $30.27 | $2.51M |
| 2026-01-06 | CUMMINS, WES | Director, CEO; Chairman | Buy | 4,500,000 | — | — |
| 2026-01-06 | CUMMINS, WES | Director, CEO; Chairman | Buy | 1,500,000 | — | — |
| 2025-11-28 | MILLER, DOUGLAS S | Director | Sale | 8,000 | $26.98 | $215840.00 |
| 2025-11-25 | ZHANG, JASON GECHEN | Chief Strategy Officer | Buy | 170,000 | — | — |
| 2025-11-25 | ZHANG, JASON GECHEN | Chief Strategy Officer | Sale | 60,881 | $24.94 | $1.52M |
| 2025-11-24 | BENSON, ELLA G. | Director | Sale | 8,581 | $23.22 | $199250.82 |
| 2025-11-09 | NOTTENBURG, RICHARD N | Director | Buy | 7,747 | — | — |
| 2025-11-09 | MILLER, DOUGLAS S | Director | Buy | 7,747 | — | — |
| 2025-11-09 | LEE, RACHEL H. | Director | Buy | 7,747 | — | — |
| 2025-11-09 | HASTINGS, CHUCK | Director | Buy | 7,747 | — | — |
| 2025-11-09 | BENSON, ELLA G. | Director | Buy | 7,747 | — | — |
| 2025-10-31 | NOTTENBURG, RICHARD N | Director | Sale | 9,375 | $35.91 | $336656.25 |
| 2025-10-31 | HASTINGS, CHUCK | Director | Sale | 25,000 | $34.27 | $856750.00 |
| 2025-10-31 | CUMMINS, WES | Director, CEO; Chairman | Sale | 903,970 | — | — |
| 2025-10-30 | NOTTENBURG, RICHARD N | Director | Sale | 5,000 | $34.80 | $174000.00 |
| 2025-10-29 | HASTINGS, CHUCK | Director | Sale | 50,000 | $35.69 | $1.78M |
| 2025-10-29 | BENSON, ELLA G. | Director | Sale | 42,569 | $35.30 | $1.50M |
| 2025-10-28 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Sale | 37,503 | $36.47 | $1.37M |
| 2025-10-24 | NOTTENBURG, RICHARD N | Director | Sale | 34,375 | $33.23 | $1.14M |
| 2025-10-24 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Sale | 100,000 | $34.08 | $3.41M |
| 2025-10-24 | LEE, RACHEL H. | Director | Sale | 24,213 | $33.20 | $803871.60 |
| 2025-10-10 | CUMMINS, WES | Director, CEO; Chairman, 10% Owner | Sale | 200,000 | — | — |
| 2025-10-10 | CUMMINS, WES | Director, CEO; Chairman, 10% Owner | Buy | 200,000 | — | — |
| 2025-10-10 | CUMMINS, WES | Director, CEO; Chairman, 10% Owner | Sale | 78,700 | $33.99 | $2.68M |
| 2025-10-04 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Sale | 81,667 | — | — |
| 2025-10-04 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Sale | 12,500 | — | — |
| 2025-10-04 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Buy | 81,667 | — | — |
| 2025-10-04 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Sale | 32,136 | $26.53 | $852568.08 |
| 2025-10-04 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Buy | 12,500 | — | — |
| 2025-10-04 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Sale | 4,919 | $26.53 | $130501.07 |
| 2025-10-04 | CUMMINS, WES | Director, CEO; Chairman, 10% Owner | Sale | 100,000 | — | — |
| 2025-10-04 | CUMMINS, WES | Director, CEO; Chairman, 10% Owner | Buy | 100,000 | — | — |
| 2025-10-04 | CUMMINS, WES | Director, CEO; Chairman, 10% Owner | Sale | 39,350 | $26.53 | $1.04M |
| 2025-09-03 | NOTTENBURG, RICHARD N | Director | Sale | 20,000 | $15.26 | $305200.00 |
| 2025-09-03 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Sale | 75,000 | $15.26 | $1.14M |
| 2025-09-03 | CUMMINS, WES | Director, CEO; Chairman | Sale | 400,000 | $15.26 | $6.10M |
| 2025-08-12 | HASTINGS, CHUCK | Director | Sale | 30,000 | $14.73 | $441900.00 |
| 2025-08-08 | ZHANG, JASON GECHEN | Chief Strategy Officer | Buy | 750,000 | — | — |
| 2025-08-08 | NOTTENBURG, RICHARD N | Director | Sale | 11,250 | $14.22 | $159975.00 |
| 2025-08-07 | MILLER, DOUGLAS S | Director | Sale | 10,000 | $15.00 | $150000.00 |
| 2025-08-05 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Sale | 20,834 | — | — |
| 2025-08-05 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Buy | 20,834 | — | — |
| 2025-08-05 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Sale | 8,199 | $14.89 | $122083.11 |
| 2025-08-05 | CUMMINS, WES | Director, CEO; Chairman, 10% Owner | Sale | 83,334 | — | — |
| 2025-08-05 | CUMMINS, WES | Director, CEO; Chairman, 10% Owner | Buy | 83,334 | — | — |
| 2025-08-05 | CUMMINS, WES | Director, CEO; Chairman, 10% Owner | Sale | 32,792 | $14.89 | $488272.88 |
| 2025-08-04 | NOTTENBURG, RICHARD N | Director | Sale | 13,686 | $12.50 | $171075.00 |
| 2025-08-04 | MILLER, DOUGLAS S | Director | Sale | 10,000 | $13.63 | $136300.00 |
| 2025-08-04 | HASTINGS, CHUCK | Director | Sale | 100,000 | $13.33 | $1.33M |
| 2025-05-21 | LEE, RACHEL H. | Director | Sale | 24,212 | $7.00 | $169484.00 |
| 2025-05-16 | BENSON, ELLA G. | Director | Sale | 18,242 | $6.50 | $118573.00 |
| 2025-04-04 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Sale | 81,666 | — | — |
| 2025-04-04 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Sale | 12,500 | — | — |
| 2025-04-04 | MOHMAND, MOHAMMAD SAIDAL LAVANWAY | Chief Financial Officer | Buy | 81,666 | — | — |
Frequently asked questions
Are APLD insiders buying or selling?
Over the transactions on record, APLD insiders have been net sellers, with about $117.84M in stock sold across 69 sales. The entries tagged as buys are stock grants and option exercises recorded at $0, not open-market purchases.
Does insider selling at APLD mean the stock will fall?
Not by itself. Most executive selling is pre-scheduled through 10b5-1 plans filed months in advance, and insiders sell for diversification, taxes, and liquidity far more often than out of any view on the price. Insider buying is the stronger signal, especially when several insiders buy around the same time, because there is usually only one reason to put personal cash into the stock.
Which APLD insiders are selling the most?
Recent selling is concentrated in a few names. CUMMINS, WES accounts for the largest share on record, with about $49.68M sold. Selling by one or two individuals matters less than broad selling across the whole leadership team, which is the pattern worth watching.