Applied Digital Corporation
Ownership
Ownership Structure
Who owns Applied Digital Corporation (APLD)? This page shows the largest institutions and funds, the ownership structure and the latest insider transactions. 86.3% of the shares are freely tradable; institutional investors hold 71.9%.
Largest Shareholders
Institutions
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Hood River Capital Management LLC | 7.53 | 22,518,887 | -2.4 | 06/30/2026 |
| Situational Awareness LP | 5.14 | 15,384,616 | +14.1 | 06/30/2026 |
| Vanguard Portfolio Management, LLC | 4.59 | 13,728,812 | -7.3 | 06/30/2026 |
| Situational Awareness Partners LP | 4.51 | 13,478,438 | +0.0 | 03/31/2026 |
| BlackRock Inc | 4.47 | 13,375,070 | -36.0 | 06/30/2026 |
| Vanguard Capital Management, LLC | 3.86 | 11,555,819 | +7.2 | 06/30/2026 |
| Two Sigma Investments LLC | 3.44 | 10,299,117 | +546.7 | 06/30/2026 |
| EQUITEC PROPRIETARY MARKETS, LLC | 2.80 | 8,373,964 | +0.0 | 06/30/2026 |
Funds
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Hood River Small-Cap Growth Instl | 3.65 | 10,910,739 | -11.0 | 06/30/2026 |
| Vanguard MStar Total Stk Mkt Idx Invest | 2.81 | 8,407,337 | +2.8 | 09/30/2026 |
Largest reported positions according to regulatory filings; stake as a percentage of shares outstanding, change versus the previous filing. Source: fundamentals data.
Insider holdings
| Person | Role | Shares | Value | As of | Type |
|---|---|---|---|---|---|
| Cummins Wes | CEO; Chairman | 5,887,251 | 104,793,068 $ | Aug 4, 2026 | both |
| Zhang Jason Gechen | President | 2,839,227 | 50,538,241 $ | Oct 16, 2026 | direct |
| Mohmand Mohammad Saidal LaVanway | Chief Financial Officer | 937,961 | 16,695,706 $ | Oct 4, 2026 | direct |
| Laltrello Laura | Chief Operating Officer | 813,156 | 14,474,177 $ | Jul 31, 2026 | direct |
| Nottenburg Richard N | Director | 102,128 | 1,817,878 $ | Oct 13, 2026 | direct |
Holdings as of each person's most recent SEC Form 4 filing — excluding options and RSUs, which are not shares yet. Holdings may have changed between two filings.
Insiders
Insider Transactions
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Oct 16, 2026 | Zhang Jason Gechen | President | Buy | 300,000 | 18.86 | 5,658,000 |
| Oct 16, 2026 | Cummins Wes | CEO; Chairman | Buy | 55,803 | 18.04 | 1,006,686 |
| Oct 13, 2026 | Nottenburg Richard N | Director | Sell | 31,250 | 21.84 | 682,500 |
| Oct 10, 2026 | Cummins Wes | CEO; Chairman | Other | 39,350 | 23.68 | 931,808 |
| Oct 10, 2026 | Cummins Wes | CEO; Chairman | Other | 100,000 | – | – |
| Oct 4, 2026 | Mohmand Mohammad Saidal LaVanway | Chief Financial Officer | Other | 32,136 | 25.38 | 815,612 |
| Oct 4, 2026 | Mohmand Mohammad Saidal LaVanway | Chief Financial Officer | Other | 81,666 | – | – |
| Sep 12, 2026 | Zhang Jason Gechen | President | Other | 49,188 | 26.42 | 1,299,547 |
| Aug 4, 2026 | Nottenburg Richard N | Director | Sell | 75,000 | 31.15 | 2,336,250 |
| Aug 4, 2026 | Mohmand Mohammad Saidal LaVanway | Chief Financial Officer | Other | 13,408 | – | – |
| Aug 4, 2026 | Cummins Wes | CEO; Chairman | Other | 714,685 | – | – |
| Jul 31, 2026 | Laltrello Laura | Chief Operating Officer | Other | 260,640 | 27.39 | 7,138,930 |
| Jul 31, 2026 | Laltrello Laura | Chief Operating Officer | Other | 600,000 | – | – |
| Jul 31, 2026 | Zhang Jason Gechen | President | Other | 236,100 | 27.39 | 6,466,779 |
| Jul 31, 2026 | Zhang Jason Gechen | President | Other | 600,000 | – | – |
| Jul 31, 2026 | Mohmand Mohammad Saidal LaVanway | Chief Financial Officer | Other | 96,408 | 27.39 | 2,640,615 |
| Jul 31, 2026 | Mohmand Mohammad Saidal LaVanway | Chief Financial Officer | Other | 245,000 | – | – |
| Jul 31, 2026 | Cummins Wes | CEO; Chairman | Other | 629,600 | 27.39 | 17,244,744 |
| Jul 31, 2026 | Cummins Wes | CEO; Chairman | Other | 1,600,000 | – | – |
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character. View all insider transactions →
Data as of: October 30, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.