Digital Turbine (APPS) Soars 5.05% on Insider Buying

Digital Turbine (APPS) surged 5.05% today, marking its fifth consecutive day of gains, with a 44.70% increase over the past five days. The share price reached its highest level since February 2025, with an intraday gain of 11.54%.

The strategy of buying APPS shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years, with a 7.56% annualized gain. This result suggests that the strategy captured some of the subsequent volatility and price movements in the stock.

Insiders have shown a strong bullish sentiment towards Digital Turbine, as they have been buying more shares than selling. In the last 100 trades, 4.95 million shares were bought, indicating a positive outlook among insiders. This insider activity could be a significant factor influencing the stock price of Digital Turbine.