Appian Corp’s recently made public that its Director McCarthy William D. unloaded Company’s shares for reported $27146.0 on Dec 03 ’24. In the deal valued at $38.78 per share,700 shares were sold. As a result of this transaction, McCarthy William D. now holds 7,966 shares worth roughly $0.27 million.
Then, McCarthy William D. bought 700 shares, generating $26,495 in total proceeds.
Before that, Abdiel Capital Advisors, LP bought 10,265 shares. Appian Corp shares valued at $346,444 were divested by the 10% Owner at a price of $33.75 per share. As a result of the transaction, Abdiel Capital Advisors, LP now holds 10,179,538 shares, worth roughly $339.39 million.
A number of analysts have revised their coverage, including Scotiabank’s analysts, who began to cover the stock in early January with a ‘”a Sector perform”‘ rating. KeyBanc Capital Markets also remained covering APPN and has decreased its forecast on August 02, 2024 with a “Sector weight” recommendation from previously “an Overweight” rating. William Blair revised its rating on August 01, 2024. It rated APPN as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of APPN
On Friday, Appian Corp [NASDAQ:APPN] saw its stock fall -3.73% to $33.34. Over the last five days, the stock has lost -0.45%. Appian Corp shares have risen nearly 1.09% since the year began. Nevertheless, the stocks have fallen -7.77% over the past one year. While a 52-week high of $43.33 was reached on 02/19/25, a 52-week low of $26.28 was recorded on 02/18/25. SMA at 50 days reached $34.63, while 200 days put it at $33.30.
Levels Of Support And Resistance For APPN Stock
The 24-hour chart illustrates a support level at 32.70, which if violated will result in even more drops to 32.05. On the upside, there is a resistance level at 34.57. A further resistance level may holdings at 35.79. The Relative Strength Index (RSI) on the 14-day chart is 47.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.10, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bearish at 75.15%. Stochastics %K at 41.68% indicates the stock is a holding.
