DIGITAL TURBINE, INC.
In the published model solve dated 2026-Q2, anchored at $13.19, DIGITAL TURBINE, INC. (APPS) is priced for today's economics sustained for ~27.5 years. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 25, 2026 from SEC EDGAR filings.
• Digital Turbine's product sits inside the handset rather than beside it: SingleTap works by ⟦delivering apps to devices with a single touch, resulting in higher conversion rates⟧, and the placement is won through carrier and handset-maker agreements rather than through an open ad auction. • The suppliers are also the rivals, with the 10-K naming ⟦internally developed operator solutions and specific media distribution solutions built in-house by OEMs and wireless carriers⟧ as its more material
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194 institutional managers reported holding APPS in 13F filings for the quarter ended 2026-03-31. Together they hold about 60% of the company; the top 10 hold 38%. 29 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 11.8M shares were sold short as of the 2026-06-15 count, about 10% of shares outstanding (1.4 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
APPS's share count grew 26.6% over the past five years. It pays no dividend.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at APPS over the trailing three years: 2023: 5 buys totaling $484k; 2024: 6 buys totaling $315k; 2025: 1 buy totaling $259k. 13 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
APPS's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-09 | -11.2% | -36.4% |
| 2023-11-09 | -5.8% | +21.5% |
| 2024-02-08 | -27.8% | -46.5% |
| 2024-05-29 | -13.1% | +28.0% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
APPS's latest 8-K filings: 2026-08-04 (items 2.02, 9.01); 2026-05-26 (items 2.02, 9.01); 2026-04-23 (items 1.01, 9.01); 2026-02-03 (items 2.02, 9.01); 2025-11-07 (items 5.02).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 25, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.