Wes Cummins Biography and Net Worth

Chairman and Chief Executive Officer of Applied Digital

Wes Cummins is the Chairman and CEO of Applied Digital, a company he co-founded. He brings a steadfast vision for growing dynamic, high-value companies. With more than 20 years of experience as a technology investor, Wes has a robust background in capital markets, having held positions at investment banks and institutional asset management firms. He also founded and serves as CEO of 272 Capital LP, an investment advisory firm focusing on technology hardware, software, and services companies. His career includes a notable tenure at Nokomis Capital, where he led technology investing. Wes serves on the board of Sequans Communications S.A. His expertise and leadership in technology investment have been instrumental in guiding Applied Digital's strategy and operations.

What is Wes Cummins' net worth?: The estimated net worth of Wes Cummins is at least $27.13 million as of November 27th, 2024. Mr. Cummins owns 3,875,955 shares of Applied Digital stock worth more than $27,131,685 as of March 15th. This net worth evaluation does not reflect any other assets that Mr. Cummins may own. Additionally, Mr. Cummins receives a salary of $5,950,000.00 as Chairman and Chief Executive Officer at Applied Digital. Learn More about Wes Cummins' net worth.
How old is Wes Cummins?: Mr. Cummins is currently 46 years old. There are 2 older executives and no younger executives at Applied Digital. Learn More on Wes Cummins' age.
What is Wes Cummins' salary?: As the Chairman and Chief Executive Officer of Applied Digital Co., Mr. Cummins earns $5,950,000.00 per year. Learn More on Wes Cummins' salary.
How do I contact Wes Cummins?: The corporate mailing address for Mr. Cummins and other Applied Digital executives is 3811 Turtle Creek Boulevard, Suite 2100, Dallas, TX 75219, United States. Applied Digital can also be reached via phone at 214-427-1704 and via email at apld@gatewayir.com. Learn More on Wes Cummins' contact information.
Has Wes Cummins been buying or selling shares of Applied Digital?: Wes Cummins has not been actively trading shares of Applied Digital in the last ninety days. Most recently, Wes Cummins sold 200,000 shares of the business's stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $9.20, for a transaction totalling $1,840,000.00. Following the completion of the sale, the chief executive officer now directly owns 3,875,955 shares of the company's stock, valued at $35,658,786. Learn More on Wes Cummins' trading history.
Who are Applied Digital's active insiders?: Applied Digital's insider roster includes Wes Cummins (Chairman and Chief Executive Officer), and Richard Nottenburg (Director). Learn More on Applied Digital's active insiders.
Are insiders buying or selling shares of Applied Digital?: In the last twelve months, insiders at the sold shares 7 times. They sold a total of 389,369 shares worth more than $3,347,161.19. The most recent insider tranaction occured on January, 17th when Director Richard N Nottenburg sold 20,000 shares worth more than $177,000.00. Insiders at Applied Digital own 11.8% of the company. Learn More about insider trades at Applied Digital.
Information on this page was last updated on 1/17/2025.

Wes Cummins Insider Trading History at Applied Digital

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
11/27/2024	Sell	200,000	$9.20	$1,840,000.00	3,875,955

Wes Cummins Buying and Selling Activity at Applied Digital

Applied Digital Company Overview

Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services. 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.

Today's Range

Now: $7.00

$6.48

$7.05

50 Day Range

MA: $8.11

$6.24

$10.65

2 Week Range

Now: $7.00

$2.36

$12.48

Volume

18,870,895 shs

Average Volume

27,493,709 shs

Market Capitalization

$1.56 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

4.69

Wes Cummins Biography and Net Worth

What is Wes Cummins' net worth?

How old is Wes Cummins?

What is Wes Cummins' salary?

How do I contact Wes Cummins?

Has Wes Cummins been buying or selling shares of Applied Digital?

Who are Applied Digital's active insiders?

Are insiders buying or selling shares of Applied Digital?