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Digital Turbine (APPS) Soars 5.05% on Insider Buying
Generated by AI AgentAinvest Movers Radar
Monday, May 12, 2025 8:54 pm ET1min read
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 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
, 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.
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