On November 7, 2024, an SEC filing revealed that Richard N. Nottenburg, a director at Applied Digital Corporation (APLD), plans to sell 19,369 shares of the company. The shares, acquired through a restricted stock grant on April 12, 2022, are valued at approximately $145,368.22, based on the current market price of $7.80 per share. This transaction follows Nottenburg's recent sales on October 17 and October 14, where he sold 30,000 and 80,000 shares, respectively, for a total of $828,625.26. Applied Digital's stock closed at $7.79 today, marking a 10.18% increase from the previous close, with a slight after-market uptick of 0.13%. The stock has seen a significant rise from its 52-week low of $2.36, approaching its high of $9.48.