Wes Cummins Biography and Net Worth

CEO 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 $19.07 million as of November 27th, 2024. Cummins owns 3,875,955 shares of Applied Digital stock worth more than $19,069,699 as of April 7th. This net worth approximation does not reflect any other investments that Cummins may own. Additionally, Cummins receives an annual salary of $5,950,000.00 as CEO at Applied Digital. Learn More about Wes Cummins' net worth.
How old is Wes Cummins?: Cummins is currently 46 years old. There are 1 older executives and no younger executives at Applied Digital. Learn More on Wes Cummins' age.
What is Wes Cummins' salary?: As the CEO of Applied Digital Co., 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 Cummins and other Applied Digital executives is 28 COTTRELL, MYSTIC CT, 06355. 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 over the course of the past ninety days. Most recently, on Friday, April 14th, Wes Cummins bought 25,000 shares of Applied Digital stock. The stock was acquired at an average cost of $3.50 per share, with a total value of $87,500.00. Following the completion of the transaction, the chief executive officer now directly owns 2,020,686 shares of the company's stock, valued at $7,072,401. Learn More on Wes Cummins' trading history.

Wes Cummins Insider Trading History at Applied Digital

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
4/14/2023	Buy	25,000	$3.50	$87,500.00	2,020,686
4/12/2023	Buy	25,000	$3.18	$79,500.00	1,970,686
2/15/2023	Buy	25,000	$3.06	$76,500.00	1,945,686
2/13/2023	Buy	25,000	$3.06	$76,500.00	1,920,686
2/9/2023	Buy	25,000	$3.22	$80,500.00	1,870,686
2/7/2023	Buy	25,000	$3.31	$82,750.00	1,820,686
1/27/2023	Buy	25,000	$2.96	$74,000.00	1,795,686
1/25/2023	Buy	25,000	$2.48	$62,000.00	1,770,686
1/23/2023	Buy	25,000	$2.33	$58,250.00	1,720,686
1/19/2023	Buy	25,000	$2.40	$60,000.00	1,675,686
1/17/2023	Buy	50,000	$2.25	$112,500.00	1,600,686
1/12/2023	Buy	50,000	$2.17	$108,500.00	1,475,686
11/30/2022	Buy	75,000	$1.95	$146,250.00	1,425,686
11/28/2022	Buy	30,000	$1.98	$59,400.00	1,320,686
11/25/2022	Buy	50,000	$2.24	$112,000.00	1,290,686
11/23/2022	Buy	50,000	$2.23	$111,500.00	1,240,686
11/11/2022	Buy	40,000	$2.23	$89,200.00	1,190,686
11/9/2022	Buy	30,000	$2.14	$64,200.00	1,100,686
11/7/2022	Buy	30,000	$2.52	$75,600.00	1,020,686
10/31/2022	Buy	20,000	$2.24	$44,800.00	990,686
10/28/2022	Buy	20,000	$2.22	$44,400.00	970,686
10/26/2022	Buy	20,000	$2.23	$44,600.00	930,686
10/24/2022	Buy	20,000	$2.04	$40,800.00	890,686
8/30/2022	Buy	50,000	$2.08	$104,000.00	820,686
5/31/2022	Buy	100,000	$4.81	$481,000.00	770,686
5/27/2022	Buy	20,383	$4.03	$82,143.49	670,686
5/25/2022	Buy	50,000	$3.66	$183,000.00	600,303
5/23/2022	Buy	50,000	$3.68	$184,000.00	511,490
5/19/2022	Buy	11,030	$2.95	$32,538.50	391,472
5/17/2022	Buy	263,542	$2.31	$608,782.02	263,542

See Full Table

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: $5.17

$4.58

$5.53

50 Day Range

MA: $7.40

$4.92

$10.65

2 Week Range

Now: $5.17

$2.36

$12.48

Volume

33,257,844 shs

Average Volume

14,655,196 shs

Market Capitalization

$1.15 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

5.18