Digital Turbine Sees Unusually Large Options Volume (NASDAQ:APPS)

Digital Turbine, Inc. (NASDAQ:APPS) was the recipient of some unusual options trading activity on Wednesday. Stock investors bought 7,194 call options on the stock. This is an increase of 142% compared to the average daily volume of 2,968 call options.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. UBS Group AG grew its holdings in Digital Turbine by 444.0% during the 4th quarter. UBS Group AG now owns 779,585 shares of the software maker’s stock valued at $3,898,000 after buying an additional 636,267 shares in the last quarter. Sanctuary Advisors LLC boosted its position in shares of Digital Turbine by 302.7% during the fourth quarter. Sanctuary Advisors LLC now owns 46,654 shares of the software maker’s stock worth $233,000 after acquiring an additional 35,069 shares during the last quarter. Vanguard Group Inc. grew its stake in Digital Turbine by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 9,101,779 shares of the software maker’s stock valued at $45,509,000 after acquiring an additional 29,540 shares in the last quarter. Round Rock Advisors LLC purchased a new position in Digital Turbine during the fourth quarter valued at $468,000. Finally, CWM LLC increased its holdings in Digital Turbine by 22.1% in the 4th quarter. CWM LLC now owns 42,083 shares of the software maker’s stock valued at $210,000 after acquiring an additional 7,610 shares during the last quarter. 63.66% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on APPS. Craig Hallum reissued a “buy” rating and set a $10.00 price objective on shares of Digital Turbine in a research note on Wednesday, November 5th. Wall Street Zen lowered shares of Digital Turbine from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Weiss Ratings restated a “sell (d-)” rating on shares of Digital Turbine in a research note on Monday, December 29th. Finally, Zacks Research lowered Digital Turbine from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 5th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $7.75.

Digital Turbine Stock Down 1.5%

APPS stock traded down $0.08 during midday trading on Wednesday, hitting $4.87. The company’s stock had a trading volume of 9,753,362 shares, compared to its average volume of 3,112,342. The firm’s 50-day moving average is $5.08 and its 200-day moving average is $5.25. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 2.66. Digital Turbine has a 12 month low of $2.11 and a 12 month high of $8.28. The company has a market cap of $545.61 million, a PE ratio of -6.60, a P/E/G ratio of 1.49 and a beta of 2.26.

Digital Turbine (NASDAQ:APPS) last announced its quarterly earnings results on Tuesday, February 3rd. The software maker reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.02. The firm had revenue of $151.40 million for the quarter, compared to the consensus estimate of $145.72 million. Digital Turbine had a negative net margin of 14.59% and a positive return on equity of 12.12%. On average, equities research analysts forecast that Digital Turbine will post -0.03 earnings per share for the current fiscal year.

Trending Headlines about Digital Turbine

Here are the key news stories impacting Digital Turbine this week:

• Positive Sentiment: Q3 results beat and stronger revenue guidance — Digital Turbine reported revenue of $151.4M (+12% YoY) and non-GAAP EPS of $0.18, topping consensus; the company provided FY2026 revenue guidance roughly $553M–$558M versus a $548.2M consensus, giving investors forward visibility. Digital Turbine Reports Fiscal 2026 Third Quarter Financial Results Press Release PDF
• Positive Sentiment: Market reaction and coverage reinforced the beat — reports noted the stock rallying after the Q3 release, reflecting positive investor response to the beat and guidance. Digital Turbine Stock Rips Higher After Q3 Earnings Report
• Positive Sentiment: Unusually large call-option buying suggests short-term bullish positioning — traders purchased ~7,194 call contracts (≈+142% vs. typical daily call volume), which can amplify upside momentum into near-term expiries.
• Neutral Sentiment: Analyst/qualitative take: mixed views remain — a recent Seeking Alpha piece describes “continued progress but still a mixed bag,” highlighting operational improvements but lingering concerns that may temper upgrades. Digital Turbine: Continued Progress But Still A Mixed Bag
• Neutral Sentiment: Sector context: internet/software peers face mixed expectations — broader sector commentary notes variable demand trends (AI, cloud, cautious IT spend) that could influence Digital Turbine’s cadence. What’s in Store for These 4 Internet Stocks This Earnings Season?
• Neutral Sentiment: Short-interest data appears unreliable/unchanged — recent short-interest posts show 0 shares / NaN changes and a 0.0 days-to-cover figure, indicating data anomalies rather than a clear short-squeeze signal.

About Digital Turbine

Digital Turbine, Inc (NASDAQ: APPS) is a mobile technology company that streamlines content delivery and app advertising across connected devices. Its platform enables carriers, OEMs, app developers and advertisers to engage users through personalized app recommendations, in-app promotions and turnkey monetization solutions. By integrating software directly on smartphones and tablets, Digital Turbine simplifies the user journey from discovery to installation without requiring additional downloads or redirects through traditional app stores.

The company’s flagship Ignite Platform offers end-to-end campaign management, combining demand-side advertising, real-time analytics and automated content fulfillment.