Tidal Investments Adds $35M in Applied Digital Corporation ($APLD)
Key Points
- Tidal Investments changed its Applied Digital Corporation ($APLD) stake by 4238.41% last quarter, boosting to 924,689 shares worth $36.21 million.
- Wall Street's consensus rating on $APLD is Strong Buy and an average price target of $74.23.
- $APLD last traded around $39.16.
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Tidal Investments increased its position in Applied Digital Corporation ($APLD) by 4238.41% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 924,689 shares of Applied Digital Corporation after buying 903,375 shares during the quarter. Tidal Investments's holdings in Applied Digital Corporation were worth $36.21 million as of its most recent filing.
Applied Digital Corporation Stock Up 54.5%
Shares of Applied Digital Corporation ($APLD) traded around $39.16 on Saturday, up 54.5% for the day.
Applied Digital Corporation Earnings
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About Applied Digital Corporation
Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting, and HPC Hosting Business. The company provides energized infrastructure services to crypto mining customers; and cloud services to customers, such as AI and machine learning developers. It also engages in the designing, constructing, and operating of data centers to provide computing power and support HPC applications. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation is based in Dallas, Texas.
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