Array Digital Infrastructure beat earnings estimates but saw insider selling despite a "Hold" rating.

Array Digital Infrastructure (NYSE:AD) reported Q3 earnings of $0.97 per share, far exceeding the $0.25 estimate, with revenue of $47.12 million, above the $46.15 million forecast. The company posted a positive return on equity of 1.67% but a negative net margin of 0.68%. Shares closed at $46.25, down $1.44, on above-average volume. The stock has a market cap of $3.93 billion, a negative P/E of -154.16, and low volatility with a beta of 0.18. Analysts rate the stock a "Hold" on average, with a $62.00 target. Insiders sold shares, including CEO Douglas W. Chambers, who reduced his stake by 84%.