Digital Turbine Target of Unusually Large Options Trading (NASDAQ:APPS)

Digital Turbine, Inc. (NASDAQ:APPS) was the recipient of unusually large options trading activity on Wednesday. Traders acquired 7,194 call options on the company. This represents an increase of 142% compared to the typical daily volume of 2,968 call options.

Digital Turbine Stock Down 1.5%

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

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

Analysts Set New Price Targets

APPS has been the subject of several analyst reports. Zacks Research lowered shares of Digital Turbine from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Digital Turbine in a report on Monday, December 29th. Craig Hallum reaffirmed a “buy” rating and set a $10.00 target price on shares of Digital Turbine in a research report on Wednesday, November 5th. Finally, Wall Street Zen cut Digital Turbine from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $7.75.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of APPS. Creative Planning increased its position in shares of Digital Turbine by 9.4% in the 3rd quarter. Creative Planning now owns 23,286 shares of the software maker’s stock valued at $149,000 after acquiring an additional 1,997 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Digital Turbine by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 57,539 shares of the software maker’s stock valued at $156,000 after purchasing an additional 2,449 shares during the last quarter. Legal & General Group Plc increased its holdings in shares of Digital Turbine by 31.6% in the second quarter. Legal & General Group Plc now owns 10,624 shares of the software maker’s stock valued at $63,000 after purchasing an additional 2,550 shares during the period. Osaic Holdings Inc. raised its stake in shares of Digital Turbine by 22.5% in the second quarter. Osaic Holdings Inc. now owns 18,073 shares of the software maker’s stock worth $107,000 after purchasing an additional 3,322 shares during the last quarter. Finally, State of Alaska Department of Revenue acquired a new stake in shares of Digital Turbine during the third quarter worth about $31,000. Hedge funds and other institutional investors own 63.66% of the company’s stock.

Key Headlines Impacting 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.