Jason Gechen Zhang, President at Applied Digital Corp. (APLD), bought 300,000 shares at $18.86 ($5.7M) on 2026-10-16, disclosed to the SEC on 2026-10-19.
President Jason Gechen Zhang purchased 300,000 shares for $5.66M, marking the largest insider purchase in the company's history. This significant buy comes as the stock has crashed nearly 40% over the last 90 days.
The stock is trading at $18.045, down 22.4% over the last 5 days and 39.91% over the last 90 days. It is currently 64.43% below its 52-week high of $50.725 and just 2.21% above its 52-week low of $17.655.
Coming off a 47.3% one-year decline, the next earnings report is scheduled for {date}. Additionally, the company is currently trading with a high short interest of 20.47% of the float.
The stock has a high beta of 5.997, indicating extreme volatility. Furthermore, the company is currently unprofitable with a negative forward P/E of -23.01.
Nothing distinguishes this filing.