Co-founder insider share purchases
Company: Applied Digital
The claim, verbatim
Co-founders Wes Cummins and Jason Zhang purchased approximately $6.7 million worth of shares as the stock hit a one-year low.
Source (primary)
Analyst Sees 393% Upside In Applied Digital (NASDAQ: APLD) Even As The Stock Collapses Toward Its 52-Week Low - Foreign Policy Journal (-, news_article)
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Quote: “co-founders Wes Cummins and Jason Zhang moved in the opposite direction, purchasing approximately $6.7 million worth of shares”
How we checked this
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Additional evidence
confirms Analyst Sees 393% Upside In Applied Digital (NASDAQ: APLD) Even As The Stock Collapses Toward Its 52-Week Low - Foreign Policy Journal
Quote: “co-founders Wes Cummins and Jason Zhang moved in the opposite direction, purchasing approximately $6.7 million worth of shares”