AD

Array Digital Infrastructure, Inc.
NYSEUSDEQUITY Communication Services DELAYED
Last price
35.66
▲ 0.12 (0.34%)
MARKET ·

Price

Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
35.54
Prev close
35.54
Day high
36.09
Day low
35.33
Volume
202.36K
Market cap
$3.08B
P/E (TTM)
4.66
52W range
33.71 – 60.82

Day trading desk

Current session · delayed
Gap from prior close
-0.00%
Prior close 35.54
VWAP
35.76
-0.29% from price
Relative volume
0.70×
Normal
Session range
3.48%
35.32 – 36.55
Position in range
28%
Near session low
ATR (14D)
0.90
2.53% of price
Prior day high
35.91
PDH
Prior day low
34.65
PDL
Bid / ask spread
Quote not published
Session volume
233.23K
Avg 331.93K

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
-0.89% +0.5%
1M
+4.33% +0.6%
3M
-30.65% -33.7%
6M
-27.62% -38.7%
YTD
-33.49% -45.8%
1Y
-33.54% -53.5%
3Y
-9.77% -83.9%
5Y

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Flagged1
Total notional$240.00K
Call notional$0
Put notional$240.00K
Tiltput-weighted
Likely opening0 of 1
SideStrikeExpiryVolumeOpen int. Vol / OINotionalIV PrintScore
PUT 60.00 Dec 18, 26
116d
1.00K 1.02K 1.0× $240.00K 0% unknown
44
How this is calculated, and what it cannot see

A contract is flagged when today's volume approaches or exceeds its open interest, the position is worth at least $40,000, and at least 150 contracts changed hands. Open interest is what was outstanding at yesterday's close, so volume above it means the flow cannot all be closing — something is being opened.

The score weights four things: volume against open interest, dollar notional, volume against the rest of that chain, and where the last print sat inside the bid/ask spread.

What it cannot see. Volume here is a daily total, so ten small orders and one large one are indistinguishable — this is not block or sweep detection, which needs exchange-level time and sales. The print column compares the last trade to the current quote, which is a proxy for who was the aggressor, not a tagged flag. Quotes are delayed. A single large trade can be a hedge, a roll, or one leg of a spread, and none of those mean what a naked directional bet would mean.

Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on AD open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
Net transactions
0
Buys less sells
Sell : buy shares
Not enough filings
Insider-held shares
61.87M
Total on file

Insider transactions

Account required
DateInsiderAction SharesValueHeld
May 19, 26
WILLIAMS XAVIER
Director
STOCK 1.87K $95.35K Direct
May 19, 26
HARCZAK HARRY J JR
Director
STOCK 1.87K $95.35K Direct
Mar 4, 26
CARLSON ANTHONY J M
Chief Executive Officer
CONVERSION 1.00K $50.11K Direct
Jan 2, 26
CARLSON ANTHONY J M
Chief Executive Officer
5.02K Direct
Aug 18, 25
HARCZAK HARRY J JR
Director
SELL 1.96K $149.36K Direct
Aug 12, 25
CHAMBERS DOUGLAS W
Chief Executive Officer
SELL 93.30K $7.07M Direct
Aug 1, 25
WILLIAMS XAVIER
Director
STOCK 1.96K $144.06K Direct
Aug 1, 25
HARCZAK HARRY J JR
Director
STOCK 1.96K $144.06K Direct
Aug 1, 25
CARLSON WALTER C D
Director
STOCK 1.15K $84.23K Direct
Aug 1, 25
CHAMBERS DOUGLAS W
Chief Executive Officer
119.66K Direct
Jul 30, 25
IRIZARRY MICHAEL S. PH.D.
Chief Technology Officer
CONVERSION 18.68K $856.99K Direct
Jun 2, 25
JOSEFOWICZ GREGORY P.
Director
STOCK 5.00K $0 Direct
Apr 28, 25
HARCZAK HARRY J JR
Director
STOCK 2.90K $0 Direct
Apr 4, 25
IRIZARRY MICHAEL S. PH.D.
Chief Technology Officer
66.95K Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

9 reporting
NameRelationShares heldLatest
CARLSON ANTHONY J M
Chief Executive Officer 8.93K Conversion of Exercise of derivative security
CARLSON WALTER C D
Director 44.63K Stock Award(Grant)
CHAMBERS DOUGLAS W
Chief Executive Officer 17.60K Sale
HARCZAK HARRY J JR
Director 21.25K Stock Award(Grant)
IRIZARRY MICHAEL S. PH.D.
Chief Technology Officer 100.18K Conversion of Exercise of derivative security
JOSEFOWICZ GREGORY P.
Director 22.48K Stock Gift
LOWELL KEVIN R
Officer 22.98K Conversion of Exercise of derivative security
THERIVEL LAURENT C.
Chief Executive Officer 211.28K Conversion of Exercise of derivative security
WILLIAMS XAVIER
Director 8.73K Stock Award(Grant)

Fundamentals

TTM · reported
Market cap$3.08B
Enterprise value$3.87B
Revenue (TTM)$213.53M
Gross profit$124.63M
EBITDA$53.07M
Net income$663.80M
EPS (TTM)$7.66
Free cash flow$887.83M
Total cash$416.44M
Total debt$1.20B
Book value / share$14.63
Shares outstanding53.47M
Float15.56M
Short % of float12.50%
Dividend yield
Beta (5Y)0.28

Valuation & profitability ratios

Account required
Trailing P/E4.66
Forward P/E36.76
PEG ratio1.79
Price / sales
Price / book2.44
EV / revenue18.13
EV / EBITDA72.95
Gross margin58.37%
Operating margin-12.50%
Profit margin250.79%
Return on equity22.68%
Return on assets0.02%
Debt / equity94.17
Current ratio0.95
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 5 years · 6 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $162.96M$102.93M$100.47M$4.17B +58.3%
Operating revenue $162.96M$102.93M$100.47M$4.17B +58.3%
Cost of revenue $79.48M$73.00M$67.89M$1.97B +8.9%
Gross profit $83.48M$29.94M$32.58M$2.20B +178.8%
Selling, general & admin $84.44M$102.56M$101.41M$1.41B -17.7%
Total operating expense $132.71M$149.77M$151.39M$2.11B -11.4%
Operating income -$49.23M-$119.83M-$118.81M$90.00M +58.9%
Net interest income -$9.30M-$749.00K-$4.83M-$155.00M -1,142.3%
Pre-tax income $141.12M-$99.72M$41.23M$72.00M +241.5%
Tax provision -$31.15M-$19.26M$32.85M$37.00M -61.8%
Net income $48.76M-$39.40M$54.46M$30.00M +223.7%
Net income to common $48.76M-$39.40M$54.46M$30.00M +223.7%
Basic EPS 0.57-0.460.640.35 +223.9%
Diluted EPS 0.56-0.460.630.35 +221.7%
EBIT $169.34M-$87.31M$55.84M$235.00M +293.9%
EBITDA $217.60M-$40.10M$105.82M$935.00M +642.6%
Basic shares 85.91M86.00M85.00M85.00M -0.1%
Diluted shares 87.29M86.00M87.00M86.00M +1.5%

Options analytics

Account required
Put / call volume
0.00
Call-heavy session
Put / call open interest
32.33
Positioning, not flow
Max pain
35.00
-1.9% from spot
ATM implied vol
68.1%
Nearest strike to spot
Skew (10% OTM)
-16.1%
Calls bid over puts
Call volume
17
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
40.00
7 contracts
Heaviest put OI
35.00
388 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 0.634.15 +564.0%
Mar 2026 3.692.06 -44.2%
Dec 2025 0.300.49 +62.4%
Sep 2025 0.30-0.45 -252.5%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 0.38 1 $53.63M +13.8%
Next quarter 0.22 1 $52.17M -13.5%
Current year 6.49 4 $212.03M +30.1%
Next year 0.97 1 $203.39M -4.1%

Analyst targets & ownership

Account required
Mean target$43.33
High target$45.00
Low target$40.00
Implied upside21.52%
Analyst count3
ConsensusBUY
Strong buy / Buy1 / 1
Hold2
Sell / Strong sell0 / 0
Held by insiders71.55%
Held by institutions35.78%
Institutions holding195
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
35.36
+0.84% from price
SMA 20
35.24
+1.20% from price
SMA 50
35.87
-0.58% from price
SMA 100
42.90
-16.88% from price
SMA 200
46.24
-22.88% from price
EMA 12
35.37
+0.82% from price
EMA 26
35.64
+0.05% from price
EMA 50
37.45
-4.77% from price
RSI (14)
49.6
Neutral
MACD (12,26,9)
-0.27
Hist 0.22
ATR (14)
0.90
2.53% of price
Realised vol 30D
18.2%
Annualised
Bollinger upper
35.91
20, 2σ
Bollinger lower
34.57
20, 2σ
50 / 200 cross
Death
35.87 vs 46.24
Trend bias
Below 200
-22.88%

Options chain

Account required
ExpirySpot 35.66
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
0.27
Less volatile than market
Correlation to SPY
0.08
Largely independent
Realised vol 30D
18.2%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-43.6%
Peak to trough
Max drawdown 5Y
-57.1%
Peak to trough
ATR 14
0.90
2.53% of price
Beta (reported)
0.28
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
1.95M
Prior 1.55M
Change vs prior
+25.8%
Shorts adding
% of float
12.50%
Elevated
% of shares out
2.25%
Against total outstanding
Days to cover
8.3
Crowded exit
Float
15.56M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

17 on file
DateFirm ActionFromTo
Aug 19, 26 JP Morgan MAINTAINED Overweight Overweight
Aug 13, 26 Citigroup MAINTAINED Buy Buy
Jul 10, 26 RBC Capital MAINTAINED Sector Perform Sector Perform
May 26, 26 JP Morgan MAINTAINED Overweight Overweight
May 11, 26 Raymond James DOWNGRADE Outperform Market Perform
Mar 9, 26 RBC Capital MAINTAINED Outperform Outperform
Feb 23, 26 Citigroup MAINTAINED Buy Buy
Feb 12, 26 Wells Fargo MAINTAINED Overweight Overweight
Jan 7, 26 Citigroup MAINTAINED Buy Buy
Nov 25, 25 RBC Capital MAINTAINED Outperform Outperform
Nov 6, 25 Wells Fargo MAINTAINED Overweight Overweight
Oct 27, 25 RBC Capital INITIATED Outperform

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.