Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Appian Corp shares valued at $32,878 were sold by Biddle Albert G.W. III on Feb 24 ’25. At $33.21 per share, Biddle Albert G.W. III sold 990 shares. The insider’s holdings dropped to 29,348 shares worth approximately $0.85 million following the completion of this transaction.
Also, McCarthy William D. sold 700 shares, netting a total of over 27,146 in proceeds. Following the sale of shares at $38.78 each, the insider now holds 7,966 shares.
Before that, McCarthy William D. had added 700 shares to its account. In a trade valued at $26,495, the Director bought Appian Corp shares for $37.85 each.
Analysts at Scotiabank started covering the stock with ‘”a Sector perform”‘ outlook in a report released in early January. As of August 02, 2024, KeyBanc Capital Markets has decreased its “an Overweight” rating to a “Sector weight” for APPN. Earlier on August 01, 2024, William Blair downgraded its rating. Their new recommendation was “a Mkt perform” for APPN stock which previously was a “an Outperform”.
Analyzing APPN Stock Performance
During the last five days, there has been a drop of approximately -6.98%. Over the course of the year, Appian Corp shares have dropped approximately -11.98%. Shares of the company reached a 52-week high of $41.05 on 02/19/25 and a 52-week low of $28.76 on 03/13/25. A 50-day SMA is recorded $33.32, while a 200-day SMA reached $33.24.
Support And Resistance Levels for Appian Corp (APPN)
According to the 24-hour chart, there is a support level at 28.45, which, if violated, would cause prices to drop to 27.86. In the upper region, resistance lies at 29.93. The next price resistance is at 30.82. RSI (Relative Strength Index) is 35.04 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.77, which suggests the price will decrease in the coming days. Percent R is at 95.28%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
