Applied Digital Director Sells USD 2.6 Million in Stock Amid 400% Rally

Applied Digital Corporation (NASDAQ: APLD) disclosed that one of its directors sold approximately 75,000 shares last week, generating about US $2.6 million in proceeds. The sale comes as the company’s stock has surged by roughly 400 % over the past year—a sharp rally that has drawn attention from investors and analysts alike. While such insider selling can raise eyebrows, company representatives noted that the transaction was pre‑planned and falls within standard board member equity‑management practices. The director remains a major shareholder, and the shares sold represent a portion of their total holdings. #AppliedDigital #APLD #InsiderSelling #StockMarketRally #SlimScan #GrowthStocks #CANSLIM